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Legal AgreementsIndemnity & Compensation

Advertising Agency Agreement

This template is an agreement between a business and an advertising agency, outlining the terms and conditions for advertising services. It should be used when engaging an agency for marketing and promotional activities.

Updated 15d ago
advertising agreementagency contractmarketing servicesservice agreementSMESouthern Africa

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Advertising Agency Agreement

Advertising Agency Agreement

{{company_name}} {{company_address}} Phone: {{phone}} Email: {{email}} Website: {{website}}

ADVERTISING AGENCY AGREEMENT

This Advertising Agency Agreement (the 'Agreement') is made effective as of {{effective_date}} (the 'Effective Date') by and between:

{{client_company_name}}, a company duly incorporated under the laws of {{client_jurisdiction}}, with its principal place of business at {{client_address}} (the 'Client'); and

{{agency_company_name}}, a company duly incorporated under the laws of {{agency_jurisdiction}}, with its principal place of business at {{agency_address}} (the 'Agency').

Collectively referred to as 'the Parties'.

1. ENGAGEMENT OF AGENCY

The Client hereby engages the Agency, and the Agency hereby accepts such engagement, to provide advertising, marketing, and related services (the 'Services') as more fully described in Schedule A (Scope of Services) attached hereto and forming an integral part of this Agreement. The Agency shall act as an independent contractor and not as an employee or agent of the Client, except as explicitly authorized herein.

2. TERM AND TERMINATION

2.1. Term: This Agreement shall commence on the Effective Date and shall continue for an initial period of {{initial_term_months}} months, unless terminated earlier in accordance with the provisions of this Agreement.

2.2. Renewal: This Agreement shall automatically renew for successive periods of {{renewal_term_months}} months unless either Party provides written notice of its intention not to renew at least {{notice_period_days}} days prior to the end of the then-current term.

2.3. Termination for Cause: Either Party may terminate this Agreement immediately upon written notice if the other Party materially breaches any of its obligations hereunder and fails to cure such breach within {{cure_period_days}} days after receiving written notice thereof.

2.4. Termination for Convenience: The Client may terminate this Agreement for convenience by providing {{notice_period_days_for_convenience}} days' written notice to the Agency. In such an event, the Client shall pay the Agency for all Services rendered and expenses incurred up to the date of termination, plus any agreed-upon early termination fees as specified in Schedule B.

3. FEES AND PAYMENT

3.1. Fees: The Client shall pay the Agency for the Services provided in accordance with the fee schedule outlined in Schedule B (Fees and Payment Terms) attached hereto. All fees are exclusive of any applicable taxes, which shall be borne by the Client.

3.2. Payment Terms: Invoices shall be submitted by the Agency to the Client on a {{payment_frequency}} basis and shall be due and payable within {{payment_due_days}} days of the invoice date.

3.3. Expenses: The Client shall reimburse the Agency for all pre-approved, reasonable, and documented out-of-pocket expenses incurred in connection with the provision of the Services. Such expenses shall be submitted with appropriate supporting documentation.

4. INTELLECTUAL PROPERTY

4.1. Ownership of Deliverables: All intellectual property rights, including copyrights, in any materials, designs, or creative works developed by the Agency specifically for the Client under this Agreement ('Deliverables') shall, upon full payment of the applicable fees, vest in the Client. The Agency hereby assigns to the Client all such intellectual property rights.

4.2. Agency Background IP: The Agency retains all intellectual property rights in any pre-existing materials, tools, or methodologies developed independently by the Agency and used in providing the Services ('Agency Background IP'). The Agency grants the Client a non-exclusive, royalty-free license to use the Agency Background IP solely for the purpose of utilizing the Deliverables.

5. CONFIDENTIALITY

Both Parties agree to keep confidential all non-public information disclosed by the other Party in connection with this Agreement ('Confidential Information'). This obligation shall survive the termination of this Agreement for a period of {{confidentiality_period_years}} years.

6. INDEMNIFICATION

6.1. Agency Indemnity: The Agency shall indemnify and hold harmless the Client from and against any and all claims, damages, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of any breach by the Agency of its representations or warranties hereunder, or any negligent or willful act or omission by the Agency in the performance of the Services.

6.2. Client Indemnity: The Client shall indemnify and hold harmless the Agency from and against any and all claims, damages, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of any materials or information provided by the Client to the Agency for use in the Services that infringe the intellectual property rights of a third party.

7. LIMITATION OF LIABILITY

To the maximum extent permitted by law, neither Party shall be liable to the other for any indirect, incidental, consequential, special, punitive, or exemplary damages, including but not limited to loss of profits, revenue, data, or use, arising out of or in connection with this Agreement, even if advised of the possibility of such damages. The total aggregate liability of the Agency under this Agreement shall not exceed the total fees paid by the Client to the Agency during the {{liability_period_months}} months immediately preceding the occurrence of the event giving rise to the claim.

8. GOVERNING LAW AND DISPUTE RESOLUTION

This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_jurisdiction}}. Any dispute 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 in {{arbitration_city}}, in accordance with the Arbitration Foundation of Southern Africa (AFSA) Expedited Rules (or equivalent for Southern Africa), which Rules are deemed to be incorporated by reference into this clause.

9. ENTIRE AGREEMENT

This Agreement, together with its Schedules, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations, and discussions, whether oral or written.

IN WITNESS WHEREOF, the Parties hereto have executed this Advertising Agency Agreement as of the Effective Date first above written.

CLIENT:

___________________________

By: {{client_authorised_signatory_name}}

Title: {{client_authorised_signatory_title}}

Date: {{client_signature_date}}

AGENCY:

___________________________

By: {{agency_authorised_signatory_name}}

Title: {{agency_authorised_signatory_title}}

Date: {{agency_signature_date}}

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