Exclusive Representation Agreement Template

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Exclusive representation agreement template – If you are a creative individual who wants to convert your”creative juices” into an earning mechanism then you should educate yourself by understanding the intricacies of having a business contract. Nowadays, having verbal agreements when engaging into company clients is no longer functioning as it most often results to disagreements and torn relationships. Why do you need a contract in the first place? A written contract can protect you in various ways. For starters, a written contract can help define the scope of work which includes your deliverables in addition to the project timeline.

Secondly, a contract outlines every detail related to money. Payment disputes are a common issue that creatives often confront. Aside from detailing how much you should get for your services, the contract must answer a few important questions, including: whether you’re likely to receive upfront payment; once you will receive payments; what happens when the job falls through, and whether there will be late fees and reimbursements for expenses.

A written contract will also determine who gets the ownership of the deliverables. For some kinds of work, the ownership is clear cut. But for some works like logos or written posts, the client and the service provider should come into an agreement as to who eventually owns the job. As the service provider, you may choose between two options: assign or give ownership to the client, or grant a license to the client as you retain ownership of the end product.

Contracts may also function as a clear guide for the two parties when it comes to effecting changes to your project. From time to time, customers will request changes to the originally agreed upon concept and it’s crucial for contractors to spell out the conditions of what counts as extra work and additional charges for the client. Drafting a contract could be confusing – intimidating, even – for a lot of people. If you don’t have the time or money to attend an attorney for contract construction tips, your next best option is to use a business contract template. Employing a business agreement template, you can just add the relevant details related to your project. The main thing is that you have an invaluable tool which clearly provides the essentials of your arrangement with a customer. Take a look the sample of exclusive representation agreement template at the attachment page.

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