You agree to nothing in particular, other than to promise to stop describing yourself as “unsigned”.
It would be great if you would also encourage others to stop describing themselves as unsigned as well. You could send them a link to this site, talk about it on Twitter or Facebook or just call it out whenever you encounter it. Just say: “You’re not unsigned – you’re independent”.
And if that’s not good enough for them, then hell – we’ll sign them to our record label. And that will solve that problem too.
It would be lovely if you also agreed to be nice to everyone you meet, to be as awesome as you can be, to practice a bit more often, to help those who need it, to not be so hard on yourself, and to remember the little people when you’re all successful and fabulous.
But honestly, that’s up to you.
We’re not going to put that stuff in your contract.