What are the financial considerations regarding the firing of a band member?
We're going to have a band meeting to talk with our bass player about issues we all have with him and it's possible that he might end up getting the boot, depending on what he has to say for him self.
The only reason I'm asking about the financial end of this is because I know this will be one of the first questions our bass player (the guy possibly getting canned) will bring up. That's just how his mind works.
So here's my question: say something freaky happened and one of our songs took off and we started to make some money (it's a long shot, I know) but say it did happen, what would we owe the base player? He has never brought any songs to the band but he has helped in the arrangement of most of our tunes to varying degrees.
I'm just trying to get a feel for what we, as a band, would be obligated (legally and morally) to pay him if he was no longer with the band.
We're going to have a band meeting to talk with our bass player about issues we all have with him and it's possible that he might end up getting the boot, depending on what he has to say for him self.
The only reason I'm asking about the financial end of this is because I know this will be one of the first questions our bass player (the guy possibly getting canned) will bring up. That's just how his mind works.
So here's my question: say something freaky happened and one of our songs took off and we started to make some money (it's a long shot, I know) but say it did happen, what would we owe the base player? He has never brought any songs to the band but he has helped in the arrangement of most of our tunes to varying degrees.
I'm just trying to get a feel for what we, as a band, would be obligated (legally and morally) to pay him if he was no longer with the band.