Question
I am having trouble identifying these terms for contracts. This is an example from Google I found. If someone can help me identify these terms
I am having trouble identifying these terms for contracts. This is an example from Google I found. If someone can help me identify these terms in a contract to have as an example, I would really appreciate any help, thank you.
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Consideration: highlight yellow
non-disclosure provisions: highlight red
work for hire provision: highlight in blue
assignment provisions: highlight in pink
arbitration provision: highlight in light green
attorney's fees provisions: highlight in dark green
divisibility provisions: highlight in orange
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This Agreement is entered into by and between ABC Media, Inc. (\"Company\") and Alice Cooper Anderson (\"Client\"}, on this 30th day of May 20_. 1. SERVICES. Company agrees to create for Client certain finalized pieces of media which includes, one 60 second run time promotional video for Client. The scope of the Media includes up to 3 preproduction meetings, development of creative concept, script development, storyboards, design of graphical assets, video editing, graphic animation, text animation, and sound design. 2. COMPENSATION. Client agrees to pay Company a total of Nineteen Thousand Dollars ($19,000.00) for the abovejesched services. Client shall pay a non- refundable deposit of Nine Thousand Five Hundred Dollars ($9,500.00) prior to the commencement of Company's services. Company is under no obligation to Client and no work shall be commenced on Client's behalf until the non- refundable deposit has been paid. The remainder of Client's balance, Nine Thousand Five Hundred Dollars ($9,500.00) shall be paid upon delivery of m of the Media. 3. REVISIONS. Any revisions or changes to mood board, style frames, storyboards and completed video milestones. Client shall be allowed to request up to 10 hours of revisions to these milestones and Company agrees to implement the that are to be made to the designs after Approval has been given must be communicated in writing and will result in additional fees payable by Client to Company at a rate of One Hundred Twenty-Five Dollars ($125.00) per hour. 4. FUTURE RIGHTS. Company reserves the right to use the Media, in part and no greater than 50%, as promotional material in any of Company's advertising streams, social media channels, and/or for commercial presentations by Company to showcase Company's work product. In the event that the Company wishes to use the Media delivered to Client in whole, or in part greater than 50%, the Company will seek Client's permission to do s_Q and Client agrees that such permission will not unreasonably be withheld. OWNERSHIP. Client shall solely and exclusively own, and Company hereby transfers and assigns to Client, the Media, and all of the results and proceeds thereof, in whatever stage of completion as may exist from time to time (including but not limited to all rights of whatever kind and character, throughout the universe, in perpetuity, in any and all languages, such as copyright, trademark, patent, production, manufacture, recordation, reproduction, transcription, performance, broadcast, and exhibition by any art, method or device now known or hereafter devised) whether such results and proceeds consist of literary, dramatic, musical, motion picture, or any other form of work or works, themes, ideas, compositions, creations or products. Company acknowledges that it is creating a work made for hire and is giving up all rights to the work including the right to any future prots. CONFIDENTIALITY. Company agrees not to disclose any creative and/or material information whatsoever about this agreement or the services provided without Client's prior written approval in each instance. . TRANSFER OF RIGHTS. The parties to the agreement may only assign this Agreement, wholly or partially, with the prior written consent of the other party. This Agreement shall be binding upon and shall inure to the benet of the parties hereto and their respective heirs, executors, administrators, y_c_c_e_s_s_o_r_s_ and assigns. . ALTERNATIVE DISPUTE RESOLUTION. Any controversy or claim arising out of or relating to this contract, or the breach of, shall be settled by arbitration administered by the American 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. 9. VENUE. This Agreement shall be governed by the laws of the State of Florida, and venue for anxand all disputes arising out of or related to this Agreement shall properly lie in Orange County, Florida. 10. FEES AND COSTS. In the event legal proceedings arise, the prevailing party shall have the right to collect from the other party its reasonable attorneys' fees and costs incurred in enforcing this Agreement. 11. SEVERABILITY. In the event any provision of this Agreement shall be held invalid and unenforceable, the remaining provisions shall be valid and binding upon the parties and enforceable. CEPTED AND AGREED BY: C, |NC., President Alice Cooper Anderson te: DateStep by Step Solution
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