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Contra Agreement
"I need a Contra Agreement for my digital marketing agency to exchange web development services worth HKD 200,000 with a media company's advertising space, commencing March 2025."
1. Parties: Identification of all parties entering into the contra agreement, including full legal names and registered addresses
2. Background: Context of the agreement and brief description of each party's business and the purpose of entering into a contra arrangement
3. Definitions: Definitions of key terms used throughout the agreement, including specific industry terminology
4. Exchange of Services/Goods: Detailed description of what each party will provide to the other under the contra arrangement
5. Valuation: Agreed monetary value of the goods/services being exchanged for accounting and tax purposes
6. Delivery and Performance: Timelines, delivery methods, and performance standards for the exchanged goods/services
7. Quality Standards: Specifications and quality requirements for the goods/services being exchanged
8. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
9. Representations and Warranties: Each party's assurances regarding their capacity and ability to deliver the promised goods/services
10. Confidentiality: Obligations regarding confidential information shared during the course of the agreement
11. General Provisions: Standard contractual clauses including governing law, notices, and entire agreement provisions
1. Intellectual Property Rights: Include when the contra arrangement involves licensing or transfer of intellectual property
2. Marketing and Promotion: Include when parties agree to promote each other's brands or services as part of the arrangement
3. Insurance: Include when specific insurance requirements are needed for high-value or high-risk exchanges
4. Staff and Resources: Include when the arrangement requires deployment of specific personnel or resources
5. Data Protection: Include when personal data will be processed as part of the arrangement
6. Non-Competition: Include when parties wish to restrict competitive activities during or after the arrangement
7. Force Majeure: Include when parties want specific provisions for unforeseeable circumstances
8. Dispute Resolution: Include when parties want specific arbitration or mediation procedures
1. Schedule 1 - Service/Product Specifications: Detailed technical specifications of goods/services being exchanged
2. Schedule 2 - Delivery Schedule: Detailed timeline and milestones for the exchange of goods/services
3. Schedule 3 - Valuation Method: Detailed methodology for valuing the goods/services being exchanged
4. Schedule 4 - Performance Metrics: Specific KPIs or performance standards that must be met
5. Schedule 5 - Brand Guidelines: If applicable, guidelines for use of each party's branding and marketing materials
6. Appendix A - Required Certifications: Copies of relevant certifications or licenses required for the exchange
7. Appendix B - Insurance Certificates: If applicable, copies of required insurance certificates
Authors
Media & Entertainment
Advertising & Marketing
Hospitality & Tourism
Events & Conferences
Sports & Recreation
Digital Services
Professional Services
Publishing & Broadcasting
Retail & Consumer Services
Technology
Education & Training
Arts & Culture
Legal
Finance
Marketing
Commercial
Business Development
Operations
Procurement
Media Planning
Sponsorship
Account Management
Partnership Management
Risk Management
Chief Marketing Officer
Commercial Director
Business Development Manager
Media Planning Director
Partnership Manager
Legal Counsel
Finance Director
Marketing Manager
Procurement Manager
Account Director
Operations Manager
Contract Manager
Sponsorship Manager
Media Relations Manager
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