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Document Id : 6340
File Type : Microsoft Word
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UK Letter of Intent to Hire Advertising Agency
Negotiate the terms of a formal contract with an ad agency in this UK Letter of Intent to Hire Advertising Agency.
- The Letter of Intent outlines the parties' discussions with respect to mounting an ad campaign for various products.
- The consideration to be paid to the advertising agency is to be 100% commission-based, plus reimbursement for all actual costs and expenses.
- The relationship will be exclusive on the part of the client, in other words, the client will not retain any other agency with respect to the same products during the term of the relationship.
- Any third party commitments (such as rentals, leasing, hiring of talent, etc) will be subject to approval by the client.
- The agency will indemnify the client against claims for libel, slander, piracy, etc, and agrees to maintain liability insurance during the course of the relationship.
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