Free Media Agreement

This Media Agreement (the "Agreement") is made and entered into as of [Effective Date] by and between [Your Company Name], a [State] Corporation, with its principal office located at [Your Company Address] (hereinafter referred to as “Client” or “Your Company”), and [Second Party Company Name], a [State] Corporation, with its principal office located at [Second Party Address] (hereinafter referred to as “Media Partner” or "Second Party").

I. Introduction

Parties Involved

This Agreement is entered into by and between [Your Company Name], hereinafter referred to as “Client,” and [Second Party Company Name], hereinafter referred to as “Media Partner.”

Purpose of Agreement

The purpose of this Agreement is to outline the terms under which the Media Partner will provide media coverage and promotional services for Client’s product launch campaign.

Effective Date and Duration

The Agreement shall be effective as of [Effective Date], and will remain in effect until [End Date], unless terminated earlier as provided herein.

II. Scope of Work

Description of Media Coverage or Promotion

Media Partner agrees to provide media coverage for the Client’s upcoming product launch through the following:

1. Two (2) social media posts on platforms including Instagram and Facebook.

2. One (1) article to be published on Media Partner's website and shared on their social media channels.

3. One (1) live video interview about the product on Media Partner's YouTube channel.

Media Outlets or Platforms Involved

The media coverage will be disseminated via the following platforms:

1. Instagram, Facebook, Twitter

2. Website: [Media Partner’s Website URL]

3. YouTube: [Media Partner’s YouTube Channel URL]

Deliverables

1. Two (2) Instagram posts, including visuals and written copy, scheduled for publication by [Date].

2. One (1) article detailing the product features, benefits, and brand message to be published by [Date].

3. One (1) live video interview to take place by [Date], lasting approximately 30 minutes.

III. Compensation and Payment

Payment Terms

In consideration of the media coverage provided by Media Partner, Client agrees to pay the Media Partner the total amount of [$00] for services rendered under this Agreement. Payment will be made in two installments:

1. [00]% deposit of [$00] due upon signing of this Agreement.

2. Remaining [00]% of [$00] due within 30 days after the completion of all deliverables.

Additional Costs or Expenses

Client will cover additional expenses incurred by Media Partner that are pre-approved in writing by the Client, such as production costs, travel expenses, and other out-of-pocket costs directly related to the project.

Payment Method

All payments under this Agreement will be made via wire transfer or check to the following account:

Account Name: [Second Party Account Name]

Account Number: [Second Party Account Number]

Bank: [Bank Name]

IV. Rights and Ownership

Ownership of Content

All content created as part of this Agreement (including photos, videos, articles, and social media posts) will be owned by the Client, and Media Partner grants the Client full rights to use, modify, and distribute the content as it sees fit.

Usage Rights

Client is granted an exclusive, perpetual, worldwide license to use all media content provided by Media Partner for promotional and marketing purposes across all media platforms. Media Partner retains the right to use the content for their own portfolio, subject to prior written approval by the Client.

Exclusivity

The Client and Media Partner agree that Media Partner will not provide similar media services to any competing brands within [specific industry or market] for the duration of this Agreement.

V. Timeline and Deadlines

Key Milestones

1. Initial draft of social media posts and article to be submitted for approval by [Date].

2. Final content (post edits, approved article, video draft) to be submitted by [Date].

3. All deliverables must be completed and published by [Final Deadline Date].

Final Submission Dates

The final versions of the content (social media posts, article, and video) must be submitted to Client for review and approval no later than [Date].

VI. Confidentiality and Non-Disclosure

Confidential Information

Both parties agree to keep confidential any proprietary or sensitive information shared during the course of this Agreement, including marketing strategies, financial information, and unpublished product details.

Duration of Confidentiality

This confidentiality clause will remain in effect for a period of [00] years following the termination of this Agreement.

VII. Approval Process

Review and Approval

Media Partner agrees to submit all content to the Client for review and approval before publishing. The Client will have [00] business days to review and provide feedback.

Revisions Process

The Client is entitled to request up to [00] rounds of revisions to ensure the content aligns with the Client’s brand guidelines and campaign goals.

VIII. Responsibilities of Each Party

Media Partner’s Responsibilities

1. Produce and deliver the agreed-upon media content by the outlined deadlines.

2. Promote the content as per the agreed-upon schedule.

3. Maintain clear communication with the Client throughout the project.

Client’s Responsibilities

1. Provide necessary product details, visuals, and messaging guidelines in a timely manner.

2. Approve drafts within the agreed-upon review timelines.

3. Make timely payments as stipulated in Section III.

IX. Termination

Conditions for Termination

Either party may terminate this Agreement by providing written notice in the event of:

1. Material breach of the terms outlined herein.

2. Failure to deliver agreed-upon media coverage or promotion.

Consequences of Termination

Upon termination, any unpaid balances for completed work must be paid within [00] days. Any content created and delivered up to the termination date remains the property of the Client.

X. Legal Considerations

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of [State], without regard to its conflicts of law principles.

Indemnity and Liability

Each party agrees to indemnify and hold harmless the other party against any claims, damages, or losses arising from their breach of this Agreement.

Dispute Resolution

Any disputes arising from or related to this Agreement shall be resolved through [Arbitration] in [Location].

XI. Miscellaneous

Force Majeure

Neither party shall be liable for delays or failures in performance caused by circumstances beyond their control, including but not limited to acts of God, natural disasters, or government regulations.

Entire Agreement

This Agreement constitutes the entire understanding between the parties with respect to the subject matter herein and supersedes any prior agreements or understandings.

Amendments

Any amendments or modifications to this Agreement must be made in writing and signed by both parties.

XII. Signatures

IN WITNESS WHEREOF, the parties have executed this Media Agreement as of the date first written above:

[Your Name]

[Your Company Name]

[Date]

[Representative's Name]

[Second Party Company Name]

[Date]

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