1. Appointment
Company hereby appoints the Creator on a non-exclusive, non-employee,
limited basis to endorse and promote its products to the target audience,
through an agreed number of videos/posts/stories/other publications and via
Creator’s social media accounts (the “Deliverables"). If the Creator
has obtained employees or agents, the Creator shall be solely responsible
for all costs associated with such employees or agents. During the Term,
Creator agrees not to promote or collaborate with any retailers or brands
whose primary business is eyewear. eyewear.
2. Deliverables
The content and structure of the Deliverables will be discussed with and
approved by Company in writing prior to production. The Deliverables will be
reviewed and approved by Company in writing prior to publication and shall
conform to the requirements set out in the Agreement.
3. Compliance; Creator’s acts
Creator shall be responsible for complying with all applicable social
networks’ terms, policies and guidelines and all applicable laws and
regulations including without limitation any such terms’ policies, FTC
guidelines, laws and regulations, including with respect to paid product
placement and endorsement and acknowledgment thereof. Specifically, when
publishing posts/statuses about Company’s products, the Creator must clearly
disclose his/her “material connection” with Company, including the fact that
the Creator was given any consideration, was provided with certain
experiences or is being paid for a particular Deliverable. The above
disclosure should be clear and prominent and made in close proximity to any
statements that the Creator makes about Company or its products. Please note
that this disclosure is required regardless of any space limitations of the
medium (e.g. ‘X’ formerly known as Twitter), where the disclosure can be
made via hashtags, e.g. #sponsored. The Creator should only make factual
statements about Company or Company's products that the Creator knows for
certain are true. Further, Creator agrees to refrain from any action or
expression that may reflect negatively on Company and/or its products or
commit any act that may be offensive to the community, or which manifests
contempt or disregard for diversity, morals, or decency (regardless of
whether such conduct results in criminal or civil action).
4. Fees and Payment Terms
In full consideration of the Creator’s performance of the Deliverables
hereunder, the Creator shall be paid the amount agreed upon between the
Creator and Company as described in the Agreement (“Fees”). It is
agreed and acknowledged that the fees paid hereunder shall be the Creator’s
sole and exclusive consideration for the provision of the Deliverables, and
shall include all taxes, costs, expenses, and payments that are required to
be paid for such Deliverables (including withholding taxes which may be
deducted by Brand from such fees), except for value-added tax, which, if
applicable, shall be added to the Fees. All Fees shall be paid in USD in
accordance herewith, and subject to Creator’s issuance to Company of a
proper tax invoice. Payments will be due 30 days after the agreed invoice
date, which shall not be issued prior to the publication of the relevant
Deliverable.
5. Term & Termination
The term shall commence on the Effective Date, and subject to delivery of
all the Deliverables to Company’s satisfaction in accordance with Section 2
above, shall terminate upon full payment of the compensation described in
the Agreement. Company may terminate the Agreement prior to publication of
each Deliverable by giving Creator one (1) day notice. Company will pay
Creator the agreed compensation for any Deliverables that have been fully
created and submitted, as long as the content follows the agreed brief and
guidelines and is approved by Company.
6. Proprietary Rights; Right of Use
Company’s products, designs, brands, marks and any and all intellectual
property related thereto, are and shall at all times remain exclusively
owned by Company. Creator hereby grants Company and its affiliates a
worldwide, exclusive, irrevocable, perpetual right to distribute and
publicly display the Deliverables or any part thereof in any medium or
format, whether now known or later developed including by sharing or
mentioning the Deliverables.
7. Confidentiality
Unless otherwise agreed in writing by Company, the content of the Agreement
any non-public information disclosed by Company to Creator (including,
without limitations, any delivered reports or revenue measurements) shall be
deemed confidential information of Optimax and may only be disclosed by
Creator to agents, managers, accountants and attorneys as strictly necessary
for the execution of the Agreement or as required by applicable law.
8. Indemnification
Creator agrees to defend indemnify and hold harmless Company (and anyone on
its behalf) from any and all damages, liabilities, costs, losses and
expenses (including legal costs and reasonable attorneys’ fees) in
connection with any and all legal claims and demands made by third parties,
which may result from Creator’s breach of the Agreement, or Creator’s
infringement of third party’s intellectual property rights. Company agrees
to defend, indemnify and hold harmless Creator from any and all damages,
liabilities, costs, losses and expenses (including legal costs and
reasonable attorneys’ fees) in connection with any claim by a third party
alleging that the products provided by Company hereunder infringe such third
party’s intellectual property rights. The indemnitee will notify the
indemnitor of any claim for which it wishes to be indemnified hereunder,
promptly after becoming aware thereof and will allow the indemnitor to
control the defense and settlement of such claim.
9. Independent Contractor; No Union
Creator is an independent contractor. Nothing in the Agreement shall create
any employee–employer, partnership, or joint venture relationship between
the Parties. Creator understands, agrees and acknowledges that Company is
not a party to any collective bargaining agreement for Creator, its
production crew and/or any music professionals and as such Company is not
obligated to utilize union members in any production. Creator represents and
warrants that it is not a union signatory to any collective bargaining
agreement for Creator, production crew, and/or musical professionals and
that Creator services in connection with the provision of the Deliverables
hereunder will not be subject to SAG-AFTRA or other union rules and
regulations.
10. Miscellaneous
Creator may not assign or sub-contract the Agreement without the prior
written consent of Company; No change, modification, alteration or addition
of or to any provision of the Agreement shall be binding unless in writing
and executed by or on behalf of both parties; The Agreement shall be
governed in all respects by the laws of the State of New York, in conflicts
arising hereunder shall be submitted exclusively to the courts located in
the City of New York, NY. In the event of any inconsistency between this
Annex A and the body Agreement, the terms of this Annex A shall prevail,
unless otherwise specifically described in the body Agreement. Sections 3
and 5-11 shall survive any termination or expiration of the Agreement.
11. Contracting Party
The individual executing the Agreement on behalf of the Creator shall be
either (i) an individual who provides the Deliverables and performs the
Agreement by themselves, (ii) an authorized signatory of an entity owned by
the Creator, affiliated with the Creator, or Creator’s agency, provided that
such authorized signatory represents that it has all rights and permissions
to legally bind the individual who is performing the Deliverables under the
provisions of the Agreement (“Agency”). If the Creator is represented by an
Agency, the individual who is performing the Deliverables and his/her Agency
shall be jointly and severally liable for Creator’s acts and omissions in
connection with its performance of the Agreement.