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Advertising Agency Retainer Agreement
"I need an Advertising Agency Retainer Agreement for a large financial services company that will be working with multiple advertising agencies across Ireland and the UK, with specific provisions for financial services advertising compliance and GDPR requirements, to commence January 2025."
1. Parties: Identification of the advertising agency and the client
2. Background: Context of the agreement and brief description of the parties' business relationship
3. Definitions: Key terms used throughout the agreement including Agency Services, Deliverables, Campaign, etc.
4. Appointment and Scope of Services: Formal appointment of the agency and detailed description of core services covered under the retainer
5. Term and Termination: Duration of the agreement, renewal terms, and termination provisions
6. Retainer Fee and Payment Terms: Monthly retainer amount, payment schedule, and billing procedures
7. Agency Obligations: Key responsibilities and commitments of the advertising agency
8. Client Obligations: Client's responsibilities including providing briefs, approvals, and materials
9. Approval Process: Procedures for submitting, reviewing, and approving work
10. Intellectual Property Rights: Ownership and licensing of creative works and campaign materials
11. Confidentiality: Protection of confidential information and trade secrets
12. Data Protection: GDPR compliance and data handling procedures
13. Warranties and Indemnities: Agency's warranties regarding services and mutual indemnification provisions
14. Limitation of Liability: Caps on liability and exclusions
15. General Provisions: Standard boilerplate clauses including notices, assignment, and governing law
1. Performance Metrics: Include when specific KPIs or performance standards are required for the agency
2. Additional Services: Include when certain services may be provided outside the retainer scope
3. Media Buying: Include when the agency will handle media purchases on behalf of the client
4. International Services: Include when services will be provided in multiple jurisdictions
5. Crisis Management: Include when specific procedures for handling PR crises are needed
6. Social Media Management: Include when social media services are part of the scope
7. Competitor Restrictions: Include when exclusivity or competitor restrictions are required
1. Schedule 1 - Scope of Services: Detailed breakdown of all services covered under the retainer
2. Schedule 2 - Fee Structure: Detailed breakdown of retainer fees, hourly rates, and additional costs
3. Schedule 3 - Service Level Agreement: Response times, delivery timeframes, and performance standards
4. Schedule 4 - Key Personnel: List of key team members assigned to the account
5. Schedule 5 - Approval Matrix: Decision-making hierarchy and approval thresholds
6. Appendix A - Client Brief Template: Standard template for client briefs
7. Appendix B - Report Templates: Templates for regular reporting and performance metrics
8. Appendix C - Rate Card: Standard rates for services outside retainer scope
Authors
Retail
Consumer Goods
Financial Services
Technology
Healthcare
Entertainment
Hospitality
Professional Services
Telecommunications
Automotive
Real Estate
Education
Non-Profit
Media and Publishing
Legal
Marketing
Procurement
Commercial
Finance
Compliance
Brand Management
Communications
Digital Marketing
Business Development
Chief Marketing Officer
Marketing Director
Brand Manager
Procurement Manager
Legal Counsel
Advertising Director
Marketing Manager
Commercial Director
Business Development Manager
Agency Account Director
Creative Director
Digital Marketing Manager
Communications Manager
Contracts Manager
Compliance Officer
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