Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
Advertising Agency Agreement
This Advertising Agency Agreement (the "Agreement") is made and entered into as of {{date}} by and between:
**{{client_company_name}}**, a company incorporated under the laws of {{client_country}}, with its principal place of business at {{client_address}} (hereinafter referred to as the "Client"); and
**{{agency_company_name}}**, a company incorporated under the laws of {{agency_country}}, with its principal place of business at {{agency_address}} (hereinafter referred to as the "Agency").
The Client and the Agency are collectively referred to as the "Parties" and individually as a "Party."
1. Services
The Agency shall provide the following advertising and marketing services to the Client (the "Services") as detailed in Exhibit A, attached hereto and incorporated by reference:
a. {{service_1_description}}
b. {{service_2_description}}
c. {{service_3_description}}
The Agency agrees to perform the Services in a professional and workmanlike manner, in accordance with industry standards and best practices, and to the reasonable satisfaction of the Client.
2. Term of Agreement
This Agreement shall commence on {{start_date}} and shall continue for a period of {{term_length}} (e.g., twelve months), unless terminated earlier in accordance with Section 8 of this Agreement.
This Agreement may be renewed for successive periods upon mutual written agreement of both Parties.
3. Fees and Payment
In consideration for the Services provided by the Agency, the Client shall pay the Agency fees as outlined in Exhibit B, attached hereto and incorporated by reference (the "Fees").
a. **Payment Schedule:** Fees shall be paid by the Client to the Agency on a {{payment_frequency}} basis (e.g., monthly, quarterly) within {{payment_due_days}} days of receiving a valid invoice from the Agency.
b. **Expenses:** Reasonable out-of-pocket expenses incurred by the Agency in the performance of the Services, such as {{expense_category_1}} and {{expense_category_2}}, shall be reimbursed by the Client upon submission of original receipts and prior written approval.
c. **Late Payment:** Any payments not made by the due date shall bear interest at the rate of {{late_payment_interest_rate}}% per annum, compounded monthly.
4. Client's Obligations
The Client shall:
a. Provide the Agency with all necessary information, materials, and access to personnel as reasonably required for the Agency to perform the Services.
b. Provide timely feedback and approvals on creative materials, strategies, and campaigns submitted by the Agency.
c. Ensure that all information provided to the Agency is accurate, complete, and does not infringe on any third-party rights.
5. Intellectual Property
a. **Agency Materials:** All intellectual property rights in and to any materials created by the Agency specifically for the Client under this Agreement shall, upon full payment of all Fees, vest in the Client.
b. **Client Materials:** All intellectual property rights in any materials provided by the Client to the Agency shall remain the property of the Client.
c. **Third-Party Materials:** The Agency shall obtain any necessary licenses or permissions for the use of third-party materials in connection with the Services.
6. Confidentiality
Both Parties agree to keep confidential all non-public information disclosed by the other Party during the term of this Agreement and for a period of {{confidentiality_period}} thereafter.
Confidential information includes, but is not limited to, business plans, marketing strategies, financial information, client lists, and intellectual property.
7. Indemnification
Each Party shall indemnify and hold harmless the other Party from and against any and all claims, losses, damages, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to its breach of this Agreement or its negligence or willful misconduct.
8. Termination
This Agreement may be terminated:
a. By either Party for convenience by giving {{notice_period}} days' written notice to the other Party.
b. By either Party immediately upon written notice if the other Party commits a material breach of this Agreement and fails to cure such breach within {{cure_period}} days after receiving written notice thereof.
c. Immediately by either Party if the other Party becomes insolvent, files for bankruptcy, or goes into liquidation.
9. Governing Law and Dispute Resolution
This Agreement shall be governed by and construed in accordance with the laws of {{country_of_law}}.
Any dispute arising out of or in connection with this Agreement shall be submitted to mediation in {{mediation_city}}, {{mediation_country}}. If mediation is unsuccessful, the dispute shall be finally resolved by arbitration in accordance with the rules of {{arbitration_body}} in {{arbitration_city}}, {{arbitration_country}}.
10. Entire Agreement
This Agreement, including its Exhibits, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether written or oral.
Signature Block
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first written above.
**FOR THE CLIENT:**
_____________________________
Name: {{client_signatory_name}}
Title: {{client_signatory_title}}
Date: {{date}}
**FOR THE AGENCY:**
_____________________________
Name: {{agency_signatory_name}}
Title: {{agency_signatory_title}}
Date: {{date}}
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