Sample Management Contract With Force Majeure In Clark

State:
Multi-State
County:
Clark
Control #:
US-0021BG
Format:
Word; 
Rich Text
Instant download

Description

The Sample Management Contract with Force Majeure in Clark outlines the responsibilities and rights of both the Artist and Manager in fostering the Artist's career. This agreement emphasizes the Manager's role in advising, representing, and promoting the Artist across various avenues while detailing the scope of services provided. It includes a clause for force majeure, protecting both parties from unforeseen circumstances impacting the agreement. Key features include the Manager's authority to negotiate contracts, the compensation structure based on the Artist's gross earnings, and the process for terminating the agreement. Filling and editing instructions specify that users must enter names, addresses, and specific terms relevant to the agreement's context. This form is particularly useful for attorneys, partners, and managers involved in artist representation, ensuring clear terms that can prevent future disputes. Paralegals and legal assistants will find it assists in standardizing contracts in the entertainment industry, while owners can leverage it to maintain professional relationships with their representatives.
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FAQ

Sample Language 3 The Parties hereby acknowledge that while current events related to the current epidemic/pandemic are known, future impacts of the outbreak are unforeseeable and shall be considered a Force Majeure event to the extent that they prevent the performance of a Party's obligations under this Agreement.

For events to constitute the use of force majeure, they must be unforeseeable, external to contract parties, and unavoidable. Force majeure means “greater force” and is related to an act of God, an event for which no party can be held accountable.

Because the concept is foreign, lawyers who review or draft contracts governed by U.S. law should start with the assumptions that 1) principles of force majeure will not be implied in a contract that does not expressly provide for them, and 2) U.S. courts will interpret and apply force majeure provisions narrowly.

Nevertheless, THE FORCE MAJEURE EVENT has severely limited _____________'s ability to PERFORM OBLIGATIONS UNDER THE CONTRACT to the point where invoking force majeure is necessary. ingly, we write to request NATURE OF RELIEF SOUGHT due to the unforeseen impact of THE FORCE MAJEURE EVENT.

‍The Force Majeure clause should clearly identify the obligations that will be excused in the event of a Force Majeure event. The clause may specify that all obligations will be excused or only certain obligations, depending on the nature of the contract and the parties' preferences.

Neither party will be liable for inadequate performance to the extent caused by a condition (for example, natural disaster, act of war or terrorism, riot, labor condition, governmental action, and Internet disturbance) that was beyond the party's reasonable control.

Either Party shall be excused from performance and shall not be in default in respect of any obligation hereunder to the extent that the failure to perform such obligation is due to a Natural Force Majeure Event.

Termination — In cases where the force majeure event is severe and long-lasting, the contract may allow for its termination, meaning the parties are released from their obligations entirely because the event has made it impossible or impractical to continue with the contract.

In contract law, force majeure (/ˌfɔːrs məˈʒɜːr/ FORSS mə-ZHUR; French: fɔʁs maʒœʁ) is a common clause in contracts which essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, epidemic, or sudden ...

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Sample Management Contract With Force Majeure In Clark