This form is used to establish an agreement between a manager or managment company and an artist with exclusivity provisions.
Travis Texas Exclusive Personal Management Agreement (also known as THELMA) is a legally binding document that outlines the terms and conditions between a personnel manager and an individual seeking management services. This agreement is designed to protect both parties' interests and provide a framework for their professional relationship. The Travis Texas Exclusive Personal Management Agreement is specifically tailored for clients based in Travis, Texas and ensures exclusive representation within the region. By signing this agreement, the client agrees to work exclusively with the personnel manager for a certain period, granting them the authority to act on their behalf in various professional matters. This agreement covers a wide range of important aspects to safeguard the client's interests, including but not limited to: 1. Scope of Services: The agreement outlines the specific services the personnel manager will provide, such as career guidance, contract negotiation, marketing, public relations, and networking opportunities. 2. Duration and Termination: The agreement specifies the duration of the exclusive management relationship, typically ranging from one to three years. It also includes provisions for termination, outlining the circumstances under which either party can end the agreement. 3. Manager's Responsibilities: The agreement details the duties and responsibilities of the personnel manager, including actively seeking and creating professional opportunities, advising on career decisions, and providing timely feedback and progress reports. 4. Client's Obligations: The agreement lays out the client's responsibilities, such as remaining honest and cooperative, promptly providing all necessary materials and information, and abiding by the manager's professional advice. 5. Financial Arrangements: The agreement defines the manager's compensation, typically a percentage of the client's earnings. It also covers any expenses that the manager may incur on the client's behalf, such as travel costs or marketing expenses. It's important to note that while the core elements of the Travis Texas Exclusive Personal Management Agreement remain consistent, there may be variations or addendums to address specific industries or circumstances. For example, there might be separate versions for actors, musicians, athletes, or other professionals, tailoring the agreement to their specific needs and requirements. In conclusion, the Travis Texas Exclusive Personal Management Agreement is a comprehensive legal document that establishes a professional partnership between a manager and a client. It ensures exclusive representation within the Travis, Texas region and covers various aspects related to the manager-client relationship. As with any legal document, it is advisable to consult with legal professionals to ensure compliance with local regulations and to customize the agreement based on specific circumstances and industry requirements.Travis Texas Exclusive Personal Management Agreement (also known as THELMA) is a legally binding document that outlines the terms and conditions between a personnel manager and an individual seeking management services. This agreement is designed to protect both parties' interests and provide a framework for their professional relationship. The Travis Texas Exclusive Personal Management Agreement is specifically tailored for clients based in Travis, Texas and ensures exclusive representation within the region. By signing this agreement, the client agrees to work exclusively with the personnel manager for a certain period, granting them the authority to act on their behalf in various professional matters. This agreement covers a wide range of important aspects to safeguard the client's interests, including but not limited to: 1. Scope of Services: The agreement outlines the specific services the personnel manager will provide, such as career guidance, contract negotiation, marketing, public relations, and networking opportunities. 2. Duration and Termination: The agreement specifies the duration of the exclusive management relationship, typically ranging from one to three years. It also includes provisions for termination, outlining the circumstances under which either party can end the agreement. 3. Manager's Responsibilities: The agreement details the duties and responsibilities of the personnel manager, including actively seeking and creating professional opportunities, advising on career decisions, and providing timely feedback and progress reports. 4. Client's Obligations: The agreement lays out the client's responsibilities, such as remaining honest and cooperative, promptly providing all necessary materials and information, and abiding by the manager's professional advice. 5. Financial Arrangements: The agreement defines the manager's compensation, typically a percentage of the client's earnings. It also covers any expenses that the manager may incur on the client's behalf, such as travel costs or marketing expenses. It's important to note that while the core elements of the Travis Texas Exclusive Personal Management Agreement remain consistent, there may be variations or addendums to address specific industries or circumstances. For example, there might be separate versions for actors, musicians, athletes, or other professionals, tailoring the agreement to their specific needs and requirements. In conclusion, the Travis Texas Exclusive Personal Management Agreement is a comprehensive legal document that establishes a professional partnership between a manager and a client. It ensures exclusive representation within the Travis, Texas region and covers various aspects related to the manager-client relationship. As with any legal document, it is advisable to consult with legal professionals to ensure compliance with local regulations and to customize the agreement based on specific circumstances and industry requirements.
