The terms of this Agreement for Advertising services shall remain in effect for as long as GriffinWink Advertising provides agreed services.
Client agrees to pay, and GriffinWink Advertising agrees to accept, as full payment for all services to be performed by GriffinWink Advertising under this Agreement, the Fees itemized in the statement of work. GriffinWink Advertising reserves the right to adjust hourly rate as needed. Rates at time of signing are:
Account Management: $90/hr
Media Strategies: $90/hr
Graphic Design: $125/hr
Web Development: $125/hr
A/V Production: $150/hr
Rush Fee: $200/hr
GriffinWink Advertising invoices are sent on the 10th of each month, or the first business day after the 10th, and are due and payable within 30 days. The first invoice will be sent after signing the agreement.
Additional work, not specified in the original statement of work, must be agreed upon, in writing, in advance. Compensation for special or separate new projects not described in the original statement of work must be agreed upon in writing in advance.
GriffinWink will provide a statement of work and pricing. Once approved, GriffinWink Advertising will begin work agreed upon. Once work is finalized and approved by the client, all work will be finalized. Any revisions or errors found after final approval will be done as additional fees.
Responsibility of payment
The client is responsible for payment of approved/ordered media, product, production equipment, and additional approved expenditures. Cost of hard product, materials, printing, and additional costs may be pre-billed and require pre-payment when agreed upon with client in advance.
An expected timeline will be laid out and agreed to by both parties. GriffinWink Advertising’s ability to meet agreed deadlines is predicated on the client’s ability to provide all necessary information and approvals in a timely manner. Any delays in provided information could result in a delay in deadlines met.
Modification of Agreement
This Agreement may only be modified by a written agreement executed by both parties.
Termination of Agreement
This Agreement may be terminated by either party upon written notice to the other for any reason with thirty (30) days prior written notice. Upon such termination, Client agrees to pay GriffinWink Advertising for approved charges incurred up to the effective date of termination. Upon termination of agreement, a final invoice will be delivered. Once all outstanding invoices are paid, all files will be delivered to client, and there will be an additional charge for transferring files to respected parties.
For purposes of this Agreement, the parties hereby agree that the materials, products, services, software, processes, trade secrets, inventions, layouts, design work, know-how, data, financials, business plans, financial information, strategies, and other information disclosed by each party in connection with their discussions constitute “Confidential Information.”
Each party agrees to fully respect and protect the other party’s Confidential Information in accordance with the provisions of this Agreement. The receiving party will not convey any Confidential Information of the originating party to any third party without prior written consent. The receiving party will not exploit, copy, or otherwise use such Confidential Information of the originating party for any purpose other than the demonstration, proposal, evaluation, negotiations, and analysis described herein.
The receiving party agrees to take reasonable measures, including at least the measures it normally takes to protect its confidential information, to preserve the confidentiality and security of all Confidential Information received from the originating party.
Ownership of work produced
Once fees are paid for work produced by GriffinWink Advertising, ownership of the work, files, admin rights, and any additional ownership rights will be transferred to the client.