Hennepin County, Minnesota is the largest county in the state and home to the city of Minneapolis. As a bustling urban area, Hennepin County offers a wide range of opportunities for advertisers and advertising agencies to collaborate and create impactful campaigns. When drafting a contract between an advertiser and an advertising agency in Hennepin County, there are several crucial matters that should be considered. Here is a checklist of key elements to include in such a contract: 1. Scope of services: Clearly define the scope of work that the advertising agency will provide, including the specific advertising channels to be utilized (such as print, digital, social media, etc.) and the campaign objectives. 2. Compensation structure: Specify the compensation terms, such as fee-based, commission-based, or a combination of both, along with any potential bonus or incentive arrangements. 3. Timeline and deliverables: Establish a detailed timeline for the campaign, outlining key milestones, production schedules, and expected deliverables. Ensure that both parties agree upon realistic deadlines. 4. Intellectual property rights: Determine who will own the intellectual property rights to the advertisement materials created during the campaign, and outline any licensing agreements if applicable. 5. Confidentiality and non-disclosure: Include provisions to protect sensitive information that may be shared between the advertiser and the agency during the course of the campaign. 6. Termination clause: Define the terms and conditions under which either party can terminate the contract, including notice periods, fees for early termination, and any applicable penalties. 7. Performance metrics and reporting: Specify the metrics that will be used to evaluate the success of the campaign, such as impressions, click-through rates, conversions, and return on investment (ROI). Establish reporting frequency and formats. 8. Indemnification and liability: Determine the responsibility and liability of each party in case of any legal claims arising from the campaign. Address potential risks and outline procedures to resolve disputes. 9. Change management and approval process: Establish a clear process for making changes to the campaign strategy, creative concepts, or budget. Define the roles and responsibilities of both parties in the approval process. 10. Governing law and jurisdiction: Determine the applicable governing law and the jurisdiction where any disputes will be resolved. It's important to note that these matters to be considered in drafting a contract between an advertiser and an advertising agency may vary depending on the specific needs and requirements of the parties involved. Therefore, it is advisable to consult legal professionals specializing in advertising law to ensure compliance with local regulations and comprehensive protection of both parties' interests in Hennepin County, Minnesota.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.