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Agent agreement john hutchison revised

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  • 1. Agent AgreementName: Videoplugger Ltd, Company No. 05280695Registered Address: Cantium House, Railway Approach, Wallington, Surrey, SM60DZ, UNITED KINGDOMThe above party (hereafter referred to as “AGENCY”) and John Hutchison have agreedon the following:1.John Hutchison consigns non-exclusive distribution rights of the footage related tothe Joplin tornado delivered and/or made available to AGENCY for syndication, distributionand licensing in the following countries and territories: WORLD2.Under this agreement, AGENCY is authorized to sell the footage at prices determined bynegotiations between AGENCY and AGENCYs clients in AGENCYs assigned territories.3.Gross sales of the Footage, to be meant net of any witholding tax charged by AGENCYsclients or by their national and/or local government(s) and/or other legal taxing bodies orlegal entities and net of any bank charges, will be divided between AGENCY and JohnHutchison on a “50% / 50%” sharing basis, respectively. John Hutchison’s 50% willbe held in trust by AGENCY until the due payment is made.4.AGENCY will issue monthly “Sales Reports” and “collected Sales Reports” (country,price) to John Hutchison and payment for each report will be made by bank transfer orcheque within maximum four weeks after an invoice related to the each “collectedSales Report” has been received by AGENCY.5.This agreement will commence on the 7 January 2013 and will remain effective for aperiod of one (1) year. It will be automatically renewed and continue until either partynotifies the other in writing of its intention to terminate it on 30 days writtennotice to be sent via certified post or courier. The termination shall become effective 30days after the written notification has been received by the other party. Such terminationshall not affect AGENCY’s obligation to continue to account to John Hutchison inaccordance with the terms herein.6.This agreement shall be governed and interpreted under the laws of England.7.John Hutchison acknowledges that the Footage will be made available to AGENCYsclients on mmnc.net, the online preview-and-delivery tool of AGENCY.8.AGENCY acknowledges that, subject to John Hutchison’s compliance with Clause 9,10 and 11, John Hutchison remains at all times the owner or the fully authorizedlicensee and syndicator of the copyright of the footage delivered or made available toAGENCY.9.John Hutchison remains at all times fully responsible for the accuracy, integrity,quality and legality for all the content made available by John Hutchison to AGENCYfor distribution to AGENCYs clients.
  • 2. 10.John Hutchison declares and represents to AGENCY to be the legitimate copyrightowner or to legitimately act on behalf of the legitimate copyright owner of any Footagedelivered or made available to AGENCY.11.John Hutchison commits:a) not to misrepresent the nature of the content made available to AGENCY;b) not to violate or infringe any rights of third parties while delivering or making availablefootage to AGENCY for syndication and distribution within the assigned territories.12.John Hutchison agrees to defend, indemnify and hold harmless AGENCY from anyand all claims and expenses arising from John Hutchison s breach of Clauses 9, 10and 11.Accepted and agreed by:_______________________________ ______________________________signature signature_______________________________ ______________________________print name print name_______________________________ ______________________________title title_______________________________ ______________________________date dateJohn Hutchison declares that his registered address is in:______________________________________________________________________

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