From DistroKid's Lyric Agreement (emphasis mine):
a. For good and valuable consideration (including any consideration set forth in the Distribution Agreement) you hereby grant to us, on a gratis basis, the non-exclusive, irrevocable, transferable and sublicensable right and license in perpetuity, throughout the universe to the following (and to sublicense the following rights, including without limitation to Digital Stores and to and in connection with any other third party services and products)
What does this mean? Definitions I look up contain lots of terminology I don't understand, such as "misfeasance" or don't really define the term legally.
I'm particularly curious if this allows me to terminate this agreement at some point, or if this agreement is for forever.