Now that you`ve taken a little more inspiration from the purpose of this type of agreement, let`s decompense each of these areas, in order to give you a better idea of the conditions you expect and why they are important: the customer grants the company a personal license, non-exclusive, revocable, non-transferable, limited, for all intellectual property rights held or controlled by the customer or controlled by the customer (including, but not limited to copyright, trademarks and service marks), only to the extent that such a license is required for the provision of services in accordance with this agreement. This licence ends immediately at the end of this contract. This is a standard MSA that favours the agency that provides digital advertising services to a customer. The MSA is a general set of general conditions governing more specific projects (work schedules) over a period of time. By reading or downloading this document, you understand that Fridman Law Group PLLC does not provide you with legal advice or participate in any form of business application. This document is purely computerizing and… show that there is no lawyer`s relationship with you or your company. The client pays the Agency for work carried out under the current SOW. Under no circumstances does the payment of this contract depend on the receipt of funds or other compensation by the customer. In order to avoid any doubt, commissions or commissions payable to the Media Planning and Purchasing Agency are in addition to the Agency`s fees for other services that may appear in the SOW, such as design, brand, hosting and distribution and syndication of content, in addition to and not including it. Delays resulting from the customer`s action or inaction may lead to a rate adjustment by the Agency, subject to the customer`s agreement. Each invoice is due and payable within 30 days of the date of the invoice. All of the client`s rights are related to the Agency receiving the full payment.
In addition, the Agency may suspend the provision of services and suspend the provision of equipment until all the amounts due are paid in full. The Agency is not liable for damages, losses or liabilities that may result from the suspension of the service and/or the retention of equipment due to the customer`s non-payment. In case of late payment, interest is 1.5% per month. The Agency is entitled to all of its costs for recovering unpaid money in connection with these subtitles, including, but not limited to, the expense of its lawyers. 13.3 Each party may terminate the contract immediately after written notification to the other party if: (a) any substantial breach of the agreement by the other party, which does not (if it is remedied) an infringement within thirty (30) days of the service of the notification by the party that is not in default, indicates a written notification to the other party indicating the nature of the infringement and requires that it be corrected; or (b) that the other party ceases its normal activities or becomes insolvent, enters into a general transfer to its creditors, undergoes or authorizes the designation of a beneficiary of the bankruptcy for its activities, or is subject to bankruptcy proceedings or other laws or laws relating to the insolvency or protection of the rights of creditors. 7.1 In addition to fees and fees, Level will charge the customer for all goods and services purchased by third-party level for the purpose of providing services and supplies to the customer (“Third-party costs”). All services that are outside the scope of the SOW or changes to previously authorized work requested by the client are subject to an additional SOW or a change in scope, which must be approved in writing by both parties.