Social Media Marketing Ad Agreement
Social Media Marketing AD Agreement
Parties
This Social Media Marketing Ad Agreement is made and entered into as of [Date], by and between [Company Name A], a corporation organized and existing under the laws of the State of [State], with its principal place of business located at [Company Address A], hereinafter referred to as "Company A," and [Company Name B], a corporation organized and existing under the laws of the State of [State], with its principal place of business located at [Company Address B], hereinafter referred to as "Company B" (collectively referred to as the "Parties").
Recitals
WHEREAS, Company A is engaged in the business of [Description of Company A's business];
WHEREAS, Company B is engaged in the business of [Description of Company B's business];
WHEREAS, both parties wish to enter into a mutually beneficial agreement regarding social media marketing advertisements.
NOW, THEREFORE, in consideration of the mutual covenants contained herein, it is hereby agreed as follows:
I. Scope of Work
Company A shall be responsible for the creation, management, and publication of social media advertisements on behalf of Company B. All activities, including but not limited to the selection of platforms, content creation, targeting strategies, and metrics monitoring, shall be executed in accordance with the detailed specifications set forth in Appendix A attached to this Agreement. This collaboration aims to elevate Company B's brand presence, customer engagement, and ROI through well-crafted and efficiently managed social media advertising campaigns.
II. Payment Terms
Company B commits to remunerate Company A based on the fee structure elaborated in Appendix B. The payment schedule is designed to ensure timely compensation for the services rendered by Company A. All invoices submitted by Company A are to be settled by Company B within the stipulated time frame of [number of days] days from the date of invoice receipt. This ensures a smooth financial workflow and reinforces the collaborative spirit of this business relationship.
III. Confidentiality
Both parties agree to maintain the strictest levels of confidentiality concerning any information acquired or shared during the execution of this Agreement. This extends to, but is not limited to, business plans, customer lists, operation procedures, trade secrets, and any other form of proprietary information. The obligation for confidentiality will continue even after the termination of this Agreement, to protect both parties' business interests and to maintain trust and integrity in their professional relationship.
IV. Intellectual Property
Any content, graphics, or other intellectual property developed under this Agreement will be jointly owned by both parties unless otherwise specified in writing.
V. Compliance with Laws
Each party is obligated to comply with all relevant local, state, and federal laws, regulations, and codes when carrying out its responsibilities under this Agreement. This includes adhering to employment laws, intellectual property laws, and industry-specific regulations. Failure to abide by applicable laws could result in legal penalties and could serve as grounds for termination of this Agreement.
VI. Termination
This Agreement may be terminated by either party with written notice at least [number of days] days before the intended date of termination.
VII. Governing Law
This Agreement shall be interpreted, governed, and enforced in accordance with the laws of the jurisdiction in which Company A primarily conducts its business operations. Any legal disputes or proceedings related to this Agreement shall be resolved in courts located within that jurisdiction, and both parties hereby consent to the jurisdiction and venue of such courts.
VIII. Dispute Resolution
In the event of any dispute, claim, question, or disagreement arising from or relating to this Agreement or the breach thereof, the parties hereto shall use their best efforts to settle the dispute, claim, question, or disagreement. To this effect, they shall consult and negotiate with each other in good faith and, recognizing their mutual interests, attempt to reach a just and equitable solution satisfactory to both parties. If they do not reach such solution within a period of [insert number] days, then upon notice by either party to the other, disputes shall be settled by arbitration administered by the [Arbitration Association] in accordance with its rules, and judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.
IX. Amendments
Any modifications or amendments to this Agreement must be made in writing and must be mutually agreed upon by both parties. Such amendments shall become effective only when executed and delivered by duly authorized representatives of both parties. Any written amendments so executed and delivered shall be attached to this Agreement and shall constitute an integral part of the Agreement, superseding any inconsistent provisions contained herein.
X. Entire Agreement
This Agreement contains the entire agreement between the parties, superseding all prior and contemporaneous agreements and understandings.
Appendix A: Scope of Work
(Insert detailed specifications here)
Appendix B: Fee Structure
(Insert detailed fee structure here)
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written. Both parties acknowledge that they have read and understood all the terms and conditions set forth in this Agreement and agree to be bound thereby. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
Signatures:
_______________
[Name], [Title]
[Company Name A]
[Date]
_______________
[Name], [Title]
[Company Name B]
[Date]
