Social Media Marketing Agency (Smma) Contract
SOCIAL MEDIA MARKETING AGENCY (SMMA) CONTRACT
This document, which from herein will be known as the "Agreement", is officially being established and becomes effective on a specific date, known as [Date]. The parties involved in this Agreement consist of two entities: the first entity is known as [Client's Name] - though throughout this document, they will generally be referred to as the "Client". The second involved party is [Your Company Name], who will be commonly addressed in this document as the "Agency".
1. Scope of Work
1.1 Service Provision by the Agency
The Agency has expressed consent and agreement to extend its services by providing social media marketing services. These services are explicitly outlined and detailed in Exhibit A. Exhibit A has been attached alongside this agreement for convenience and easy reference. Furthermore, the contents of Exhibit A - outlining the specific services, are considered an integral part of this agreement and are fully incorporated herein and should be referred to for a comprehensive understanding of the services to be provided.
1.2 Client Responsibilities
The client has agreed that they will ensure the provision of any information that may be deemed essential, alongside any materials that may also be required as part of the process. This refers to the services that have been outlined previously in a document referred to as Exhibit A.
2. Term and Termination
2.1 Commencement and Duration of Agreement
This Agreement is set to begin its effectivity on the specified [Start Date], and will faithfully maintain its stipulated terms, conditions, and provisions for a designated duration of [Contract Duration]. This applies unless an earlier termination is warranted, performed, and duly executed by the guidelines and procedures highlighted and provided within this agreement.
2.2 Termination Rights
This Agreement may be terminated by either party involved. Termination can be initiated for any reason or for no specific reason at all. The party wishing to terminate must provide a written notice to the other party involved at least thirty (30) days in advance of the intended termination date.
3. Fees and Payment
3.1 Service Fee Agreement
Under the terms of this Agreement, the Client hereby acknowledges their obligation to remit payment to the Agency. This payment corresponds to the fee, the amount of which is specified as [Fee Amount]. This fee serves as the agreed upon compensation for the services that the Agency will render by the stipulations detailed in this Agreement.
3.2 Payment Terms and Schedule
The remuneration for this agreement is expected to be executed according to the payment schedule provided. The first installment should be made immediately when this contract has been signed by all respective parties.
3.3 Penalty for Late Payments
If payments are not made promptly, a penalty will be imposed on the late payments. This penalty will be calculated at a daily rate of [Penalty Rate]. This particular rate will continue to be applied daily until the pending payment has been received in its full amount.
4. Confidentiality
4.1 Agreement on Confidentiality
Both parties that are a part of this agreement have mutually agreed and consented to uphold and preserve the confidentiality of any proprietary information or any information classified as sensitive that may become disclosed during the period or tenure of this Agreement.
4.2 Duration of Confidentiality Obligations
The responsibility for confidentiality that is assigned through this Agreement is designed to continue in effect even after the termination of this Agreement itself.
5. Intellectual Property
5.1 Ownership of Developed Intellectual Property
Any intellectual property developed or created by the Agency in the course of providing services under this Agreement shall belong to the Agency unless otherwise agreed upon in writing.
5.2 Client's Intellectual Property License
The Client grants the Agency a non-exclusive license to use the Client's trademarks, logos, and other intellectual property solely to provide the services outlined in this Agreement.
6. Governing Law
6.1 Jurisdiction and Applicable Law
This Agreement will be controlled and interpreted following the provisions and regulations outlined by the laws of the mentioned State or Country.
7. Entire Agreement
7.1 Complete Understanding and Superseding Prior Agreements
This Agreement constitutes the entire understanding and agreement between the parties concerning the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether oral or written.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
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[YOUR COMPANY NAME] [DATE] |
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