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The Company shall release an Album within 4 months of delivery by the Artist and shall use its reasonable endeavours to procure its release dependant on the commercial success of the first single

This is a commonly worded clause in which the Record Company has an option to release an album but only dependant on a single commercial success. It is obviously important to define success so you would want some measure such as sales figures stated in the contract. For a first deal though you are unlikely to have such a definition. It is thus vital that there is a clause stating that if no album is released then you the artist can terminate the contract. There may be details of an album and further singles in the clause but this may not be enforceable due to the way the clause has been drafted. This can cause a major problem to the artist, as they will be bound by the contract and unable to record for anyone else.
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