What is the force majeure clause in consulting Agreement?

Force Majeure clause is a contractual clause that excuses parties from obligations when extraordinary, uncontrollable events (referred to as "acts of God") prevent or hinder performance. These events include natural disasters, wars, pandemics, or government actions.

US Legal Forms
Artist Management Agreement

Sample Management Contract With Force Majeure In Nevada

Q: Can force majeure be used to terminate a contract?

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.

Category:

Contracts - Entertainment

State:

Multi-State

Control #:

US-0021BG

Format:

Instant download

Description

The Sample Management Contract with Force Majeure in Nevada is a comprehensive agreement designed for artists seeking professional management to develop their careers. This contract outlines the scope of services that the manager will provide, including representation, negotiation of contracts, and overall guidance in the artist's professional endeavors. It establishes the rights and authorities of the manager, and explicitly details the compensation structure based on the artist's gross monthly earnings. Key features include provisions for termination, mutual representations, and confidentiality agreements, ensuring the protection of both parties' interests. The inclusion of a force majeure clause provides clarity on obligations in cases of unforeseen events affecting performance. This contract is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants involved in the entertainment industry, as it serves as a template for negotiating management relationships and understanding the legal implications of artist representation. Users are instructed to fill in specific details, ensure compliance with state laws, and consider modifications based on individual circumstances.

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FAQ

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.

Force Majeure clause is a contractual clause that excuses parties from obligations when extraordinary, uncontrollable events (referred to as "acts of God") prevent or hinder performance. These events include natural disasters, wars, pandemics, or government actions.

Contract end by performance. A contract can end when the parties have done all that the contract requires of them. Contract end by agreement. A contract can end when both parties agree to end it before the work is complete. Contract end by frustration. Contract end for convenience. Contract end due to a breach.

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.

If force majeure continues to a point where performance would be radically different from that contemplated, the contract will be frustrated, and terminated, without recourse by either party.

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 ...

Most clauses will provide that if the impact of the force majeure event is not lifted within a certain time, for example 6 or 12 months, then the parties will have the right to terminate the contract. The parties should also consider the knock-on effect on other provisions under the contract.

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.