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Agreement Terms and Conditions

Agreement Terms and Conditions:

Between “us”, Leedrick Studios, and “you”, Client

You Client, located at the provided address in the form are hiring Leedrick Studios located at 1711 East 13th St, Hibbing to perform editing services for the estimated total price of $1,105.00.

1.0 Services Rendered

Leedrick Studios will provide 12 consecutive months of “Reel Edits” services. Totaling 52 Edits, equivalent to 1 edit per week.

ERRORS

We can’t guarantee that our work will be error-free (we’re human!) so we can’t be liable to you or any third-party damages, including lost profits, lost savings or other incidental, consequential, or special damages, even if you’ve advised us of them.

2.0 Mutual Cooperation

We agree to use our best efforts to fulfill and exceed your expectations on the deliverables listed above. You agree to aid us in doing so by making available to us needed information pertaining to your company and to cooperate with us in expediting the work.

3.0 Charges for Services Performed

Functionality or feature requests above and beyond those selected above may be considered out-of-scope and an amendment to the budget will be made. Projects that go dormant for longer than 45 days will incur a fee to resume work at the discretion of Leedrick Studios.

4.0 Terms of Payment

4.1 BILLING SCHEDULE

We’re sure you understand how important it is to a business that you pay the invoices that we send you promptly. We’re also sure you’ll want to maintain a positive working relationship and keep the project moving forward, so you agree to stick tight to the following payment schedule.

The total budget for this project: $13,260.00

Leedrick Studios will invoice Client monthly for: $1,105.00

Client will supply Leedrick Studios with all necessary purchase order numbers and other internal information required for invoice processing if applicable.

4.2 CLIENT AGREEMENT TO PAY

You agree to pay our initial (1st) invoice upon receipt which will act as a non refundable deposit for the project. Every invoice after that will be billed in 30 day increments due upon receipt. In the event payment is not made within 5 days, Leedrick Studios will charge a late payment fee of 1%  per month on any overdue and unpaid balance not in dispute, to cover the manpower, interest, and other costs Leedrick Studios pays for carrying overdue invoices from Client. In addition, Leedrick Studios reserves the right to stop work until payment is received.

4.3 COLLECTION COSTS

In the event that we incur legal fees, costs and disbursements in an effort to collect our invoices, misuse of our product, in addition to interest on the unpaid balance, you agree to reimburse us for these expenses, undisputed. In an effort to stave off court fees you agree to attend mediation to resolve this amicably, and you agree to reimburse our company for these expenses, undisputed.

We shall obtain releases, licenses, permits or other authorization to use testimonials, copyrighted materials, photographs, music, art work or any other property or rights belonging to third parties obtained by us for use in performing services for you (If applicable).

5.2 CLIENT RESPONSIBILITY FOR RELEASES

You guarantee that all elements of video, text, images, or other artwork you provide are either owned by yourselves, or that you have permission to use them.

Copyright will be automatically assigned as follows:

You will own the finished product that we create for this project. We will give you the finished product file(s) and you should keep them somewhere safe as we’re not required to keep a copy. You own all elements of text, images and data you provided, unless someone else owns them. Leedrick Studios reserves the right to use the materials produced during this video editing project as part of a freelance portfolio.

We will own the unique combination of these elements that constitutes a complete design and we will license that to you, exclusively and in perpetuity for this project only, unless we agree otherwise. We can provide a separate estimate for that.

5.3 CLIENT RESPONSIBILITY FOR ACCURACY

You shall be responsible for the accuracy, completeness and propriety of information concerning your products and services which you furnish to us verbally or in writing in connection with the performance of this Agreement.

5.4 RESTRICTIONS ON USE

The Client will not use the Videos for any of the following purposes:

(A). No Unlawful Use.  Client will not use the Videos in any unlawful manner, such as pornography or defamation.

(B). No Standalone File Use.  Client will not use the Videos in any way that allows a standalone file or content file to be downloaded, extracted, or redistributed by others.

(C). No Use in Trademark, film, game, or animation.  Client will not use the Videos in any trademark, design, logo, or other marks.

(D). No Products for Resale. Client will not use the Videos in any goods or products where the Videos are the primary value.

(E). No Alterations. Client will not alter the Videos without the prior written permission of Leedrick Studios.

(F). No Sublicenses. Client will not sublicense the Videos without the prior written permission of Leedrick Studios.

5.5 NON-SOLICITATION CLAUSE

Client, including parent company, and subsidiaries, agrees not to directly or indirectly solicit, hire, or engage any employees, contractors, or subcontractors of Leedrick Studios during the term of this Agreement and for a period of 1 year(s) following the termination or expiration of this Agreement, without the prior written consent of Leedrick Studios. Client acknowledges that this restriction is necessary to protect the legitimate interests of Leedrick Studios and its investment in its employees, contractors, and subcontractors.

5.6 SCHEDULE

Both parties, including parent companies, and subsidiaries, agree to maintain a 24 hour notification structure regarding scheduled meetings and shoots. Failure to provide proper notification can result in additional billing for time, travel, or additional expenses or commitments incurred.

6.0 Confidentiality

Leedrick Studios acknowledges its responsibility, both during and after the term of its appointment, to use all reasonable efforts to preserve the confidentiality of any proprietary or confidential information or data developed by Leedrick Studios on behalf of Client or disclosed by Client to Leedrick Studios.

7.0 Term and Termination

7.1 PERIOD OF AGREEMENT AND NOTICE OF TERMINATION

This Agreement shall become effective as of submission of this form and shall continue until terminated by either party upon not less than 60 days’ notice in writing given by either party to the other.

7.2 TERMINATION FOR CAUSE

Either party to this Agreement may terminate the Agreement if the other party defaults in the performance of any of its material duties and obligations and the default is not cured within thirty (30) days of the receipt of notice of said default, or if the default is not reasonably curable within said period of time, unless the defaulting party commences cure within said period of time and diligently proceeds to cure the default.

7.3 PAYMENT FOR NON-CANCELABLE MATERIALS

Any non-cancelable materials, services, etc., we have properly committed ourselves to purchase for your account, (either specifically or as part of a plan such as modules, photography and/or external services) shall be paid for by you, in accordance with the provisions of this Agreement. We agree to use our best efforts to minimize such liabilities immediately upon written notification from you. We will provide written proof, upon request of the Client, that any such materials and services, are non cancelable.

7.4 EARLY TERMINATION

Early termination of any kind must be done so in writing and with 60 days’ notice. The discount will remain in effect as long as the agreement is fulfilled. Early termination will negate any discounts received on any videos produced up to the time of cancellation, and the discounted amount will immediately become due along with any outstanding balances.

7.5 MATERIALS UNPAID FOR

If upon termination there exist any materials furnished by us or any services performed by us for which you have not paid us in full, until such time as you have paid us in full you agree not to use any such materials, in whole or in part, or the product of such services.

7.6 TRANSFER OF MATERIALS

Upon termination of this agreement, provided that there is no outstanding indebtedness then owing by Client to Leedrick Studios, Leedrick Studios shall transfer, assign and make available to Client all property and materials in its possession or control belonging to Client. Client agrees to pay for all costs associated with the transfer of materials.

8.0 General Provisions

8.1 GOVERNING LAW

This Agreement shall be governed and construed in accordance with the laws of the State of Minnesota.

8.2 REPRESENTATIONS AND WARRANTIES

The parties each individually represent and warrant that each has full power and authority to enter into this Agreement and to perform all of their obligations hereunder without violating the legal or equitable rights of any third party.

8.3 ENTIRE AGREEMENT

Except as otherwise set forth or referred to in this Agreement, this Agreement constitutes the sole and entire Agreement and understanding between the parties hereto as to the subject matter hereof, and supersedes all prior discussions, agreements and understandings of every kind and nature between them as to such subject matter.

8.4 SEVERABILITY

If any provision of this Agreement is held to be illegal, invalid, or unenforceable under any present or future law, then that provision will be fully severable. In such instance, this Agreement will be construed and enforced as if the illegal, invalid, or unenforceable provision had never comprised a part of this Agreement, and the remaining provisions of this Agreement will remain in full force and effect.

Please read the contract to make sure you understand all the details involved with us working together. It’s really important to us that everything is transparent and understood from the beginning so that we lay a solid foundation for a great working relationship.

If you have any questions at all, please let us know. We’re happy to clarify any points and there may be some items that we can sort out together. We’re committed to finding the best way to work together.

  1. Once you feel confident about everything and are ready to move forward, please submit the form.
  2. Once we receive notification of your acceptance, we’ll contact you shortly to sort out next steps and get the project rolling.
  3. We’ll email you a separate copy of the agreement for your records.
  4. If you’d like to speak to us by phone, don’t hesitate to call 218-208-0833.