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1. General.
A signed contract must be submitted to FTC five days in advance
of initial publication date. By submitting advertising for
inclusion on any FTC Network site or service, advertiser/agency
agrees to be bound by the terms of this contract. No conditions
other than those set forth herein shall be binding on FTC unless
specifically agreed to in writing by FTC. FTC will not be bound
by conditions printed or appearing on order blanks or copy
instructions submitted by or on behalf of the advertiser/agency.
This contract supersedes all terms and conditions on FTC’s rate
cards, and any previous agreements between FTC and
advertiser/agency relating to the subject matter set forth
herein. FTC’s only obligation to serve advertisements hereunder
shall be to serve advertisements of the advertiser described
herein, and in no event shall FTC be obligated to serve
advertisements for any other advertiser.
2. Changes and Cancellations.
All artwork must be received at least five days in advance of
publication date. All text for Internet radio, other audio or
video advertisements must be received at least ten days in
advance of publication date. Cancellations or copy changes will
not be accepted after the published closing date of the update
to the FTC Network site or service on which the advertising is
to run. Changes to artwork or text must be received by FTC at
least five days in advance of requested change date.
FTC reserves the right to change any of its advertising
specifications at any time. Any cancellations or change orders
must be made in writing and acknowledged by FTC. Change orders
cannot be submitted any more frequently than once every fourteen
days. This contract may be canceled or changed (i) by FTC at any
time for any or no reason without notice, or (ii) by
advertiser/agency on 30 days written notice to FTC.
3. Payment. Unless otherwise agreed
in writing, the first month's fees are due and payable upon the
execution of this contract by the advertiser/agency and,
thereafter, pro rata monthly in advance. If any payment is not
made timely, FTC, at its option, may immediately terminate the
contract. In addition, advertiser/agency shall be liable to FTC
for all attorneys’ fees and other costs of collection. Interest
will accrue on any past due amounts at the rate of [the lesser
of] one and one-half (1 1/2%) percent per month or the maximum
permitted by law. FTC may hold the advertiser and/or its agency
or agent jointly and severally liable for all amounts due.
4. Delivery, Frequency and Fulfillment.
All calculations of the number of advertisements served as
determined by FTC shall be the sole basis of FTC's billing,
regardless of whether advertiser/agency is using the services of
a third party ad server. If FTC fails to provide the guaranteed
number of impressions, FTC will supplement its impressions as
described below. FTC will not supplement for under-delivery due
to delays caused by advertiser/agency. Advertiser/agency
understands that all frequency discounts are based on the
advertiser's/agency's commitment to fulfilling the frequency
indicated in the contract. If, for any reason, this frequency is
not met by the expiration or cancellation of the contract,
advertiser/agency agrees to pay a short rate charge on all ads
run. This charge will be equal to the difference between the
rate shown in the contract and the rate earned based on the
applicable rate card for the actual frequency completed.
6. Redesigning of the FTC Network Sites
or Services. Advertiser/agency
acknowledges that, consistent with FTC’S need for editorial
discretion, FTC may redesign, delete or replace the pages,
programs or channels on which the impressions will be displayed
or transmitted or may redesign or replace the type of links,
buttons, boxes, banners, and Internet radio, audio or video
advertisements purchased by advertiser/agency; provided, that
FTC will use good faith efforts to provide advertiser/agency
with comparable links, buttons, boxes, banners, and Internet
radio, audio or video advertisements.
7. Rejections. FTC reserves the
right, without liability, to reject, omit or exclude any
advertisement or to reject or terminate any links, buttons,
boxes or banners for any reason at any time, with or without
notice to the advertiser/agency, and whether or not such
advertisement, link, button, box or banner was previously
acknowledged, accepted, or published.
8. Licenses and Indemnification.
Advertiser/agency grants FTC the right to use, reproduce,
publicly display and distribute advertiser's advertisements and
collateral information and warrants that advertiser/agency has
the right to grant such license. Advertiser/Agency represents
that the advertiser is the owner or is licensed to use the
entire contents and subject matter contained in its
advertisements and collateral information, including, without
limitation, (a) the names and/or pictures of persons; (b) any
copyrighted material, trademarks, service marks, logos, and/or
depictions of trademarked or service marked goods or services;
and (c) any testimonials or endorsements contained in any
advertisement submitted to FTC. In addition, advertiser/agency
represents that the advertiser's advertisements and collateral
information do not violate any applicable local, state or
federal law or regulation. In consideration of FTC’S acceptance
of such advertisements and information for publication, the
advertiser and agency will jointly and severally indemnify and
hold harmless FTC and its officers, directors, shareholders,
employees, accountants, attorneys, agents, parent, affiliates,
subsidiaries, successors and assigns from and against any and
all third party claims, damages, liabilities, costs and
expenses, including reasonable legal fees and expenses, arising
out of or related to: (i) advertiser/agency's breach of any
covenants, representations and warranties made therein, (ii)
FTC’S performance under this contract, and (iii) the copying,
printing, distributing, transmitting or publishing of
advertiser's/agency's advertisements or collateral information
by FTC.
9. Limitation of Liability. In the
event (i) FTC fails to publish an advertisement in accordance
with the schedule provided in the Insertion Order, (ii) FTC
fails to deliver the number of total impressions specified in
the Insertion order (if any) by the end of the specified period,
or (iii) of any other failure, technical of otherwise, of such
advertisement to appear or be transmitted as provided in the
Insertion Order, the sole liability of FTC to advertiser/agency
shall be limited to, at FTC’S sole discretion, a pro rata refund
of the advertising fee representing the undelivered impressions,
placement of the advertisement at a later time in a comparable
position, or extension of the term of the Insertion Order until
total impressions are delivered. In addition, FTC is not
responsible for the quality and/or clarity of any Internet
radio, audio or video advertisements. UNDER NO CIRCUMSTANCES
WILL FTC BE LIABLE FOR ANY SPECIAL, INDIRECT, INCIDENTAL OR
CONSEQUENTIAL DAMAGES, INCLUDING, WITHOUT LIMITATION, FOR LOST
INCOME OR PROFITS, IN ANY WAY ARISING OUT OF OR RELATED TO THIS
CONTRACT, EVEN IF FTC HAS BEEN ADVISED AS TO THE POSSIBILITY OF
SUCH DAMAGES.
10. Choice of
Law and Forum. This contract shall be interpreted and
construed in accordance with the laws of the State of
California,
without regard to its conflicts of laws provision, and with the
same force and effect as if fully executed and performed
therein. Each party hereby consents to the exclusive personal
jurisdiction of the State of California, acknowledges that venue
is proper only in any state or Federal court in the State of
California, agrees that any action related to this contract must
be brought in a state or Federal court in the State of
California, and waives any objection that may exist, now or in
the future, with respect to any of the foregoing.
11. Credit Cards. In the event that
advertiser/agency pays any amounts due hereunder with a credit
card and the issuer of the credit card fails to pay the amounts
authorized by advertiser/agency, advertiser/agency shall
immediately remit full payment to FTC plus any interest due on
the outstanding amounts. In addition, if advertiser/agency pays
any amounts due hereunder with a credit card and the issuer of
the credit card seeks to recover from FTC any amounts received
by FTC from the issuer, advertiser/agency shall immediately
remit to FTC all amounts necessary to comply with the issuer's
request and any costs and expenses incurred by FTC.
12. Miscellaneous. No public
statements concerning the existence or terms of this contract
will be made or released [to any medium] except with the prior
approval of both parties or as required by law.
Advertiser/agency may not resell, assign or transfer any of its
rights hereunder, and any attempt to resell, assign or transfer
such rights shall result in immediate termination of this
contract, without liability to FTC. If any portion of the
contract is found unenforceable for any reason, the reminder
will remain in full force and effect. No waiver by FTC shall
operate as a waiver of any other provision or any subsequent
default. This document represents the entire agreement of the
parties; FTC will not be bound by the representations of any
agents, brokers, or other third parties. Any modifications must
be in writing and signed by an authorized representative of FTC.
All terms of this contract, which by their nature extend beyond
its termination, remain in effect until fulfilled and apply to
the respective successors and assigns. In the event of contract
termination due to reselling, assignment and/or transfer, FTC
shall be entitled to retain all unearned fees.
The undersigned is legally empowered with
due corporate authority to enter into this contract and agrees
to be bound by the Terms and Conditions of this contract.
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Advertiser
or Agency |
FTC
Networks, LLC |
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Signature:
_________________________ |
______________________________ |
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Date:
________________________ |
__________________________ |
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Version 1.0.0.1 |
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