If you are setting up a legal entity (a corporation for your band / music-related business) with the objective of providing economic and upside incentives to everyone that is or will be involved in your business (your bandmates, your management team, your potential investors, and possibly even your sponsors/promoters), here’s a free set of legal documents that you can use as a basis for creating what the music industry calls a 360 deal (as in 360 degrees).

What is a 360 deal?
A 360 deal (in my mind) is a catchall term that describes a structure whereby everyone involved pledges all related (related to the core of the business) rights, services and assets into a corporation that is owned by all of the participants. A 360 deal may or may not include investment capital.