Performance Contract
PERFORMANCE CONTRACT
This Performance Contract ("Contract") is entered into on [DATE] by and between [YOUR COMPANY NAME], a company organized and existing under the laws of [YOUR COMPANY ADDRESS] with its headquarters located at [Your Company Address], registered under the number [YOUR COMPANY NUMBER], (hereinafter referred to as "Party A" or "Organizer") and [PARTY B NAME], a known orchestra, having its principal address at [PARTY B ADDRESS], registered under the number [PARTY B REGISTRATION NUMBER] (hereinafter referred to as "Party B" or "Orchestra").
1. PERFORMANCE AND REHEARSAL
The Orchestra agrees to perform for Party A's concerts which schedules will be agreed upon later, on dates starting from [YEAR] onwards, with rehearsals to be conducted to prepare for the shows. Details of rehearsals such as location, date, and time shall be communicated by Party A to the Orchestra at least 2 weeks before each corresponding performance date. Changes in any scheduled rehearsal must be mutually agreed upon.
2. COMPENSATION
Party A agrees to pay Party B a sum of [AMOUNT] in USD for each concert on [PAYMENT DATE]. Any additional expenses, including but not limited to travel, accommodation, and meals will be covered by Party A following an authorized expense report.
3. CANCELLATION
If either party cancels the concert for any reason other than force majeure, they must notify the other party in writing at least [NUMBER OF DAYS] in advance. In the event of a show cancellation, Party B's compensation will be discussed and settled amicably.
4. INDEMNITY
Both parties agree to defend, indemnify, and hold each other harmless from and against any claims arising out of the performance of this Contract, except for misconduct or negligence of the other party.
5. CONFIDENTIALITY
Both parties involved in this contract have mutually agreed that any confidential information obtained during the duration of the contract will not be disclosed without securing written consent from the opposing party. It's been understood that without this documented approval, disclosing any proprietary or confidential information acquired within this contract's tenure is strictly prohibited.
6. DISPUTE RESOLUTION
If any dispute or disagreement arises from this Contract, it will be resolved through the method of arbitration. The arbitration will be governed by and conducted by the rules of the [STATE].
7. GOVERNING LAW
How this Contract will be managed, interpreted, and understood will be strictly under the authority of and by the legal ordinances and statutes of the designated jurisdiction, known as [JURISDICTION].
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
[ORGANIZER'S NAME]
[YOUR COMPANY NAME]
[Date]
[PARTY B NAME]
[Date]
