The Who (4) Townshend, Moon, Daltrey & Entwistle Signed Contract Addendum JSA

Details

This Autographed 2 Page 8.5×13 Addendum Dated January 7, 1970 Contract has been Personally Signed by Pete Townshend, Keith Moon, Roger Daltrey & John Entwistle of The Who. This item is 100% Authentic to include a Certificate of Authenticity (COA) / hologram by JSA. The authenticity can be verified on JSA website.

Here is a spectacular original 1970 two-page contractual addendum drafted by The Whos management team, Kit Lambert, and Chris Stamp, and directed towards the management of Polydor Records, London offices, regarding the subject of royalty fees for The Whos record sales. Page two of the oversized document is signed by all four members of The Who: Pete Townshend, Keith Moon, and John Entwistle have all signed in black ballpoint, with Roget Daltrey signing in blue ballpoint. Executed on 7 January 1970, the addendum references The Whos original contract with Polydor Records. Shortly after this initial agreement with Polydor was finalized, Lambert and Stamp formed a record label, Track Records, with all distribution managed by Polydor. As such, Polydor Records had extensive involvement in the worldwide distribution of The Whos music catalogue. The contractual addendum serves to assign London-based Orbit Music Company Limited as The Whos newly authorized agent to receive of all past, present, and future royalties, defined as 2.5% of 90% of all retail sales (minus applicable taxes). This is not a minor document as it pertains to The Whos main source of income derived from highly prized royalties resulting from their vastly successful recorded works. To date, this is the only fully signed contractual agreement, of any kind, that we have encountered with direct association to The Who. An absolutely extraordinary museum quality Who signed document for the most discerning of collectors. The document measures 8.5 x 13 and exhibits mild handling.