Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
AGREEMENT FOR ADVERTISING SERVICES
This Advertising Agency Agreement (the "Agreement") is made and entered into as of this {{day}} day of {{month}}, {{year}} (the "Effective Date"), by and between:
{{client_company_name}}, a company duly incorporated under the laws of {{country}}, with its registered office located at {{client_company_address}} (hereinafter referred to as "Client"); and
{{agency_company_name}}, a company duly incorporated under the laws of {{country}}, with its registered office located at {{agency_company_address}} (hereinafter referred to as "Agency").
Client and Agency are hereinafter collectively referred to as the "Parties" and individually as a "Party".
RECITALS
WHEREAS, Client desires to engage Agency to provide advertising and marketing services; and
WHEREAS, Agency is engaged in the business of providing advertising, marketing, and related services, and is desirous of providing such services to Client; and
WHEREAS, the Parties wish to set forth the terms and conditions under which Agency will provide said services to Client.
NOW, THEREFORE, in consideration of the mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
1. SCOPE OF SERVICES
1.1. Agency shall provide the following advertising and marketing services to Client (hereinafter referred to as the "Services"): {{detailed_description_of_services}}.
1.2. The specific campaigns, projects, deliverables, and timelines will be further detailed in separate statements of work ("SOWs") or project briefs, which shall be attached hereto as Exhibit A and incorporated by reference. Each SOW or project brief shall be signed by authorized representatives of both Parties.
2. TERM OF AGREEMENT
2.1. This Agreement shall commence on the Effective Date and shall continue for an initial term of {{initial_term_duration}} (e.g., twelve (12) months), unless earlier terminated in accordance with the provisions of this Agreement.
2.2. This Agreement may be renewed for successive {{renewal_term_duration}} terms upon mutual written agreement of the Parties.
3. COMPENSATION AND PAYMENT TERMS
3.1. In consideration for the Services rendered by Agency, Client shall pay Agency a fee as set forth in the attached Exhibit B (Fee Schedule), or as otherwise specified in individual SOWs. All fees are exclusive of applicable taxes.
3.2. Agency shall invoice Client {{billing_frequency}} (e.g., monthly) for Services rendered. Invoices shall be payable within {{payment_terms_days}} days of the invoice date.
3.3. Client shall also reimburse Agency for all approved out-of-pocket expenses incurred in connection with the Services, provided such expenses are pre-approved by Client in writing.
3.4. Overdue payments shall accrue interest at a rate of {{interest_rate_percentage}}% per month or the maximum rate permitted by applicable law, whichever is less.
4. INTELLECTUAL PROPERTY
4.1. All intellectual property rights, including copyrights, trademarks, and other proprietary rights, in any materials, creative works, and deliverables developed by Agency specifically for Client under this Agreement (hereinafter "Deliverables") shall, upon full payment of all fees due to Agency, become the sole and exclusive property of Client.
4.2. Agency shall ensure that it has obtained all necessary rights, licenses, or permissions for any third-party materials incorporated into the Deliverables, and shall indemnify Client against any claims arising from the unauthorized use of such materials.
4.3. Agency may use the Deliverables for promotional purposes as part of its portfolio, unless otherwise agreed in writing by Client.
5. CONFIDENTIALITY
5.1. Both Parties agree to keep confidential all non-public information received from the other Party during the term of this Agreement and for a period of {{confidentiality_period}} years thereafter. This includes, but is not limited to, business plans, marketing strategies, financial information, client lists, and proprietary software or processes.
5.2. This obligation of confidentiality shall not apply to information that: (a) is or becomes publicly available without breach of this Agreement; (b) was known to the receiving Party prior to its disclosure by the disclosing Party; (c) is independently developed by the receiving Party without use of the disclosing Party's confidential information; or (d) is required to be disclosed by law or by a governmental authority.
6. TERMINATION
6.1. Either Party may terminate this Agreement for convenience by providing {{notice_period_days}} days written notice to the other Party.
6.2. Either Party may terminate this Agreement 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}} days of receiving written notice thereof.
6.3. Upon termination, Client shall pay Agency for all Services rendered and expenses incurred up to the date of termination. Agency shall promptly return to Client all Client property and confidential information.
7. GOVERNING LAW AND DISPUTE RESOLUTION
7.1. This Agreement shall be governed by and construed in accordance with the laws of {{country}}.
7.2. Any dispute, controversy, or claim arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration administered by {{arbitration_institution}} in accordance with its rules. The seat of the arbitration shall be {{arbitration_city}}, {{country}}. The language of the arbitration shall be English.
8. ENTIRE AGREEMENT
This Agreement, together with any SOWs and Exhibits attached hereto, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements, whether oral or written.
Any amendment or modification to this Agreement must be in writing and signed by authorized representatives of both Parties.
SIGNATURES
IN WITNESS WHEREOF, the Parties hereto have executed this Advertising Agency Agreement as of the Effective Date first above written.
FOR CLIENT:
_____________________________
Name: {{client_signatory_name}}
Title: {{client_signatory_title}}
Date: {{client_signature_date}}
FOR AGENCY:
_____________________________
Name: {{agency_signatory_name}}
Title: {{agency_signatory_title}}
Date: {{agency_signature_date}}
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