The parties hereby agree as follows:
• The term of this Agreement (the "Term") will begin on the date of this Agreement or the date of purchase and will remain in full force and effect indefinitely until terminated as provided in this Agreement.
•In the event that either Party wishes to terminate this Agreement, that Party will be required to provide 14 days written notice to the other Party.
• Client is aware that advertising spend is required by them for Facebook and Google advertising. This financial obligation is to be covered by the client direct to either platform at the agreed amount discussed by all parties prior to engagement.
• Ad management fees are up to 3 products/services/campaign per month which requires a minimum of $30 per day ad spend each. As we help you grow there is more work required as the ad spend we manage increases. The monthly management fee is plus 5% of ad spend per month for $2001 and above. Example $10k ad spend $8k x 5% = $400 + GST on top of the management fee and $100k ad spend $98k x 5% = $4,900 + GST. We do it this way to keep our monthly management fee as low as possible for the smaller operators. The more you spend the more attention your ads need so instead of charging massive fee's up front, it is based on our performance helping you grow.
• An invoice will be sent upon receiving the signed document. Payment terms for management fees are monthly or 3 monthly in advance. Invoice period commences once advertisements are live on any platform and recurring invoices are based on this start date.
• Ad spend % is paid in arrears based on the previous month and is based per calendar month and invoiced on the 1st of each calendar month. All accounts will be paused/stopped if invoice not paid by due date.
•In the event that this Agreement is terminated by the Client prior to completion of the Services but where the Services have been partially performed, the Monsta Media Group Palm Beach will be entitled to the full months payment for that month.
•For ongoing invoices where work has commenced such as ad spend % or continued services "Late Fees" will be applied to overdue invoices, 1% charged every week after invoice is overdue. Any invoices un paid with in 4 weeks from due date will be sent to debt collection at client's expense.
•Confidential information (the "Confidential Information") refers to any data or information relating to the business of the Client which would reasonably be considered to be proprietary to the Client including, but not limited to, accounting records, business processes, and client records and that is not generally known in the industry of the Client and where the release of that Confidential Information could reasonably be expected to cause harm to the Client.
• The Monsta Media Group Palm Beach agrees that they will not disclose, divulge, reveal, report or use, for any purpose, any Confidential Information which the Monsta Media Group Palm Beach has obtained, except as authorised by the Client or as required by law. The obligations of confidentiality will apply during the Term and will survive indefinitely upon termination of this Agreement.
•All written and oral information and material disclosed or provided by the Client to the Monsta Media Group Palm Beach under this agreement is Confidential Information regardless of whether it was provided before or after the date of this agreement or how it was provided to the Contractor.
• All intellectual property and related material (the "Intellectual Property") that is developed or produced under this agreement, will be the property of the Monsta Media Group Palm Beach. The Client is granted a non-exclusive limited-use license of this Intellectual Property.
• Title, copyright, intellectual property rights and distribution rights of the Intellectual Property remain exclusively with the Monsta Media Group Palm Beach.
• Except to the extent paid in settlement from any applicable insurance policies, and to the extent permitted by applicable by law, each Party agrees to indemnify and hold harmless the other Party, and its respective directors, shareholders, affiliates, officers, agents, employees, and permitted successors and assigns against any and all claims, losses, damages, liabilities, penalties, punitive damages, expenses, reasonable legal fees and costs of any kind or amount whatsoever, which result from or arise out of any act or omission of the indemnifying party, its respective directors, shareholders, affiliates, officers, agents, employees, and permitted successors and assigns that occurs in connection with this Agreement. This indemnification will survive the termination of this Agreement.
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Social Media Management
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