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STANDARD TERMS
AND CONDITIONS FOR INTERNET ADVERTISING
FOR MEDIA BUYS ONE YEAR OR LESS
These Standard Terms and Conditions for Internet Advertising for
Media Buys One Year or Less are intended to offer Media
Companies, Advertisers, and their Agencies a voluntary standard
for conducting business in a manner acceptable to all parties.
This document is to accompany Agency or Media Company insertion
orders and represents a common understanding for doing business.
This document may not fully cover sponsorships and other
arrangements involving content association or integration, and/or
special production, but may be used as the basis for the media
components of such contracts.
I. INSERTION ORDERS AND INVENTORY AVAILABILITY
a. From time to time, parties may negotiate insertion orders
(“IO”s) under which a Media Company will deliver advertisements
provided by Agency (“Ad(s)”) to Media Company’s site(s) (the “Site”)
for the benefit of an Agency or
Advertiser. At Agency’s discretion, an IO may either be
submitted by Agency to Media Company or be submitted by Media
Company, signed by Agency and returned to Media
Company. In either case, an IO will be binding only if accepted
as provided in Section I(b) below. Each IO shall specify: (a)
the type(s) and amount(s) of inventory to be delivered (e.g.,
impressions, clicks or other desired actions)
(the “Deliverables”); (b) the price(s) for such Deliverables;
(c) the maximum amount of money to be spent pursuant to the IO
(if applicable), (d) the start and end dates of the campaign,
and (e) the identity of and contact information for any third
party ad server ("3rd Party Ad Server"), if applicable. Other
items that may be included are, but are not limited to:
reporting requirements such as impressions or other performance
criteria; any special Ad delivery scheduling and/or Ad placement
requirements; and specifications concerning ownership of data
collected.
b. Media Company will make commercially reasonable efforts to
notify Agency within two business days of receipt of an IO
signed by Agency if the specified inventory is not available.
Acceptance of the IO and these Terms and Conditions will be made
upon the earlier of (a) written (which, unless otherwise
specified, for purposes of these Terms and Conditions shall
include paper, fax, or e-mail communication) approval of the IO
by Media Company and Agency; or (b) the display of the first Ad
impression by Media Company, unless otherwise
agreed upon in the IO. Notwithstanding the foregoing,
modifications to the originally submitted IO will not be binding
unless signed by both parties.
c. Revisions to accepted IOs must be made in writing and
acknowledged by the other party in writing.
II. AD PLACEMENT AND POSITIONING
a. Media Company must comply with the IO, including all Ad
placement restrictions, requirements to create a reasonably
balanced delivery schedule, and provide within the scope of the
IO, an Ad to the Site specified o n the IO wh en such Site is
called up by an Internet user. Any exceptions must be approved
by Agency in writing.
b. Media Company will use commercially reasonable efforts to
provide Agency at least 10 business days, prior notification of
any material changes to the Site that would change the target
audience or significantly affect the size or placement of the Ad
specified in the affected IO. Should such a modification occur
with or without notice, as Agency’s and Advertiser’s sole
remedy for change or notice, Agency may immediately cancel the
remainder of the IO without penalty within the 10-day notice
period. If Media Company has failed to provide such
notification, Agency may cancel the remainder of the IO within
30 days of such modification, and in such case shall not be
charged for any affected Ads delivered after such
modification.
c. Media Company will submit or otherwise make electronically
accessible to Agency within two business days of acceptance of
an IO final technical specifications, as agreed upon by the
parties. Changes to the specifications of the alreadypurchased
Ads after that two business day period will allow Advertiser to
suspend (without impacting the end date unless
otherwise agreed by the parties) delivery of the affected Ad for
a reasonable time in order to either (i) send revised artwork,
copy, or active URLs (“Advertising Materials”); (ii) request
that Media Company resize the Ad at Media Company’s cost, and
with final creative approval of Agency, within a reasonable time
period to fulfill the guaranteed levels of the IO; (iii) accept
a comparable replacement; or (iv) if the
parties are unable to negotiate an alternate or comparable
replacement in good faith within 5 business days, immediately
cancel the remainder of the IO for the affected Ad without
penalty.
d. Ad delivery shall comply with editorial adjacencies
guidelines stated on the IO. As Advertiser’s and Agency’s sole
remedy for a violation of the foregoing sentence: (i) Ads that
run in violation of such editorial adjacencies guidelines, if
Media Company is notified of such violation within 30 days of
the violation, shall be non-billable; and (ii) after Agency
notifies
Media Company that specific Ads are in violation of such
editorial adjacencies guidelines, Media Company will make
commercially reasonable efforts to correct within 24 hours such
violation. In the event that such correction materially and
adversely impacts such IO, the parties will negotiate in good
faith mutually agreed changes to such IO to address such impacts.
In the event that the parties cannot reach agreement
on such changes within five business days from the
implementation of such correction, Agency or Media Company may,
upon the conclusion of such 5 business day period, immediately
cancel such IO, without penalty.
III. PAYMENT AND PAYMENT LIABILITY
a. Invoices The initial invoice will be sent upon completion of
the first month’s delivery or within 30 days of completion of
the IO, whichever is earlier. Invoices are to be sent to:
Agency’s
billing address as set forth in the IO and must include
information reasonably specified by Agency such as the IO number,
Advertiser name, brand name or campaign name, and any number or
other identifiable reference stated as
required for invoicing on the IO. All invoices pursuant to the
IO must be received within 180 days of delivery of all
Deliverables. Failure by Media Company to send such invoice or
make such request shall be considered a waiver of right to
payment for delivery of Ads for which no invoice was sent. Media
Company should provide invoices accompanied by proof of
performance for the invoiced period, which may include access to
online or electronic reporting as addressed in this document,
subject to the notice and cure provisions of Section IV. Media
Company should invoice Agency for the
services provided on a calendar month basis with the net cost
(i.e., the cost after subtracting Agency commission) based on
actual delivery or based on prorated distribution of delivery
over the term of the IO, as specified in the applicable IO.
b. Payment Date
Agency will make payment 30 days from receipt of invoice, or as
otherwise stated in a payment schedule set forth in the IO.
Media Company may notify Agency that it has not received
payment in such thirty-day period and whether it intends to seek
payment directly from Advertiser pursuant to Section IIIc, and
may do so 5 business days after providing such notice.
c. Payment Liability
Unless otherwise set forth by Agency on the IO, Media Company
agrees to hold Agency liable for payments solely to the extent
proceeds have cleared from Advertiser to Agency for Ads placed
in accordance with the IO. For sums not
cleared to Agency, Media Company agrees to hold Advertiser
solely liable. Media Company understands that Advertiser is
Agency’s disclosed principal and Agency, as agent, has no
obligations relating to such payments, either joint or several,
except as specifically set forth in this Section III(c) and
Section X(c).
Agency agrees to make every reasonable effort to collect and
clear payment from Advertiser on a timely basis. Agency’s credit
is established on a client-by-client basis.
If Advertiser proceeds have not cleared for the IO, other
Advertisers from the representing Agency shall not be prohibited
from advertising on the Site due to such nonclearance if such
other Advertisers’ credit is not in question.
Agency will make available to Media Company upon request written
confirmation of the relationship between Agency and Advertiser.
This confirmation should include, for example,
Advertiser’s acknowledgement that Agency is its agent and is
authorized to act on its behalf in connection with the IO and
these Terms and Conditions. In addition, upon the request of
Media Company, Agency will confirm whether Advertiser has paid
to Agency in advance funds sufficient to make payments pursuant
to the IO.
If Advertiser’s or Agency’s credit is or becomes impaired, Media
Company may require payment in advance.
IV. REPORTING
a. Media Company must, within 2 business days of the start date
on the IO, provide confirmation to Agency, either electronically
or in writing, stating whether the components of the IO have
begun delivery.
b. Media Company shall make reporting available at least as
often as weekly, either electronically or in writing, unless
otherwise specified in the IO. Reports must be broken out by
day and summarized by creative execution, content area (Ad
placement), and other variables defined in the IO, for example,
impressions, keywords, and/or clicks.
Once Media Company has provided the online or electronic report,
it agrees that Agency and Advertiser are entitled to reasonably
rely on it, subject to receipt of Media Company’s
invoice for such period.
c. In the event that Media Company fails to deliver an accurate
and complete report by the time specified, Agency may initiate
makegood discussions pursuant to Section VI below.
In the event that Media Company learns that it has delivered an
incomplete or inaccurate report, or no report at all, Media
Company must cure such failure within 5 business days.
Failure to cure may result in nonpayment for all activity for
which data are incomplete or missing, until Media Company
delivers reasonable evidence of performance and such report must
be delivered within 30 days of Media Company’s
learning of such failure or absent such knowledge, within 180
days of delivery of all Deliverables.
V. CANCELLATION AND TERMINATION
a. At any time prior to the serving of the first impression of
the IO, Agency may cancel the IO with 30 days prior written
notice, without penalty. For clarity and by way of example, if
Agency cancels the IO 15 days prior to the serving of the first
impression, Advertiser will only be responsible for the first 15
days of the IO.
b. Upon the serving of the first impression of the IO, Agency
may cancel the IO for any reason, without penalty, by providing
Media Company written notice of cancellation which will be
effective after the later of: (i) 30 days after serving the
first impression of the IO; or (ii) 14 days after providing
Media Company with such written notice.
c. Either party may terminate an IO at any time if the other
party is in material breach of its obligations hereunder that is
not cured within 10 days after written notice thereof from the
nonbreaching party, except as otherwise stated in this Agreement
with regard to specific breaches. Additionally, if Agency or
Advertiser commit a violation of the same Policy
(as defined below), where such Policy had been provided by Media
Company to Agency, on three separate occasions after having
received timely notice of each such breach, even if such breach
has been cured by Agency or Advertiser, then
Media Company may terminate the IO associated with such breach
upon written notice. If Agency or Advertiser do not cure a
violation of a Policy within the applicable ten day cure period
after written notice, where such Policy had been
provided by Media Company to Agency, then Media Company may
terminate the IO associated with such breach upon written notice.
d. Short rates will apply to cancelled buys to the degree stated
on the IO.
VI. MAKEGOODS
a. Media Company shall monitor delivery of the Ads, and shall
notify Agency either electronically or in writing as soon as
possible (and no later than two weeks before IO end date unless
the length of the campaign is less than two weeks) if
Media Company believes that an under-delivery is likely. In the
case of a probable or actual under-delivery, the parties may
arrange for makegood consistent with these Terms and
Conditions.
b. In the event that actual Deliverables for any campaign fall
below guaranteed levels, as set forth in the IO, and/or if there
is an omission of any Ad (placement or creative unit), Agency
and Media Company will make an effort to agree upon the
conditions of a makegood flight either in the IO or at the time
of the shortfall. If no makegood can be agreed upon, Agency
may execute a credit equal to the value of the under-delivered
portion of the contract IO for which it was charged. In the
event that Agency or Advertiser has made a cash prepayment
to Media Company, specifically for the campaign IO for which
under-delivery applies, then if Agency and/or Advertiser is
reasonably current on all amounts owed to Media Company under
any other agreement for such Advertiser, Agency may elect to
receive a refund for the
under-delivery equal to the difference between the applicable
pre-payment and the value of the delivered portion of the
campaign. In no event shall Media Company provide a makegood or
extend any Ad beyond the period set forth in the
IO without prior written consent of Agency.
VII. BONUS IMPRESSIONS
a. Where Agency utilizes a 3rd Party Ad Server, Media Company
will not bonus more than 10% above the Deliverables specified in
the IO without prior written consent from Agency. Permanent or
exclusive placements shall run for
the specified period of time regardless of over-delivery, unless
the IO establishes an impression cap for Third Party Ad served
activity. Agency will not be charged by Media Company for any
additional Ads above any level guaranteed
or capped in the IO. If a 3rd Party Ad Server is being used and
Agency notifies Media Company that the guaranteed or capped
levels stated in the IO have been reached, Media Company will
use commercially reasonable efforts to suspend
delivery and, within 48 hours, may either 1) serve any
additional Ads itself or 2) be held responsible for all
applicable incremental Ad serving charges incurred by Advertiser
after
such notice has been provided and associated with overdelivery
by more than 10% above such guaranteed or capped levels.
b. Where Agency does not utilize a 3rd Party Ad Server, Media
Company may bonus as many ad units as Media Company chooses
unless otherwise indicated on the IO. Agency will
not be charged by Media Company for any additional advertising
units above any level guaranteed in the IO.
VIII. FORCE MAJEURE
a. Excluding payment obligations, neither party will be liable
for delay or default in the performance of its obligations under
this Agreement if such delay or default is caused by
conditions beyond its reasonable control, including but not
limited to, fire, flood, accident, earthquakes,
telecommunications line failures, electrical outages, network
failures, acts of God, or labor disputes. In the event that
Media Company suffers such a delay or default, Media
Company shall make reasonable efforts within five business days
to recommend a substitute transmission for the Ad or time period
for the transmission. If no such substitute time
period or makegood is reasonably acceptable to Agency, Media
Company shall allow Agency a pro rata reduction in the space,
time and/or program charges hereunder in the amount of money
assigned to the space, time and/or program charges at time of
purchase. In addition, Agency shall have the benefit of the same
discounts that would have been earned had there been no default
or delay.
b. If Agency's ability to transfer funds to third parties has
been materially negatively impacted by an event beyond the
Agency's reasonable control, including, but not limited to,
failure of banking clearing systems or a state of emergency,
then Agency shall make every reasonable effort to make payments
on a timely basis to Media Company, but any delays caused by
such condition shall be excused for the
duration of such condition. Subject to the foregoing, such
excuse for delay shall not in any way relieve Agency from any of
its obligations as to the amount of money that would have
been due and paid without such condition. |
c. To the extent that a force majeure has
continued for 5 business days, Media Company or Agency has the
right to cancel the remainder of the IO without penalty.
IX. AD MATERIALS
a. It is Agency’s obligation to submit Advertising Materials in
accordance with Media Company’s then existing advertising
criteria or specifications (including content limitations,
technical specifications, privacy policies, user experience
policies, policies regarding consistency with Media Company’s
public image, community standards regarding obscenity or
indecency (taking into consideration the portion(s) of the Site
on which the Ads are to appear), other editorial or advertising
policies, and material due dates) (collectively "Policies") in
accordance with Section II(c). Media Company's sole remedy for a
breach of this provision is set forth in paragraphs (b and c)
below, Section V(c), and Section X(b). If Advertising Materials
are late, Advertiser is still responsible for the media
purchased pursuant to IO.
b. Media Company reserves the right
within its discretion to reject or remove from its Site any Ads
where the Advertising Materials or the site to which the Ad is
linked do not comply with its Policies, or that in Media
Company’s sole reasonable judgment, do not comply with any
applicable law, regulation or other judicial or administrative
order. In addition, Media
Company reserves the right within its discretion to reject or
remove from its Site any Ads where the Advertising Materials or
the site to which the Ad is linked are or may tend to bring
disparagement, ridicule, or scorn upon Media Company or any of
its Affiliates (as defined below), provided that if Media
Company has reviewed and approved such Ads prior to their
use on the Site, Media Company will not immediately remove such
Ads before making commercially reasonable efforts to acquire
mutually acceptable alternative Advertising Materials from
Agency.
c. If Advertising Materials provided by
Agency are damaged, not to Media Company’s specifications, or
otherwise unacceptable, Media Company will use commercially
reasonable efforts to notify Agency within two business days of
its receipt of such Advertising Materials.
d. Media Company will not edit or modify the submitted Ads in
any way, including, but without limitation, resizing the Ad,
without Agency approval. Media Company shall use all such Ads in
strict compliance with these Terms and Conditions and any
written instructions provided by Agency.
e. When applicable, Third Party Ad Server
tags shall be implemented so that they are functional in all
aspects.
f. Media Company, on one hand, and Agency
and Advertiser, on the other, will not use the other’s trade
name, trademarks, logos or Ads in a public announcement (including,
but not limited to, through any press release) regarding the
existence or content of these Terms and Conditions or an IO
without the other’s prior written approval.
X. INDEMNIFICATION
a. Media Company agrees to defend, indemnify and hold harmless
Agency and Advertiser, their Affiliates (as defined below) and
their respective directors, officers, employees and agents from
any and all damages, liabilities, costs and expenses (including
reasonable attorneys’ fees) (collectively “Losses”) incurred as
a result of a Third Party (as defined below) claim, judgment or
proceeding relating to or arising out of Media Company’s breach
of Section XII, Media Company’s display or delivery of any Ad in
breach of these Terms and Conditions or the terms of an IO, or
that materials provided by Media Company (and not by Agency or
Advertiser) for an Ad violate the right of a Third Party, are
defamatory or obscene, or violate any law, regulations or other
judicial or administrative action, except to the extent (1) that
such claim,
judgment or proceeding resulted from such materials fulfilling
Agency's or Advertiser's unique specifications provided that
Media Company did not know or should not have reasonably known
that such specifications would give rise to the Loss or (2) that
such materials are provided to Agency or Advertiser for review
and the Agency or Advertiser knew or should have reasonably
known from the visual or sonic expression of the Advertisement,
while Media Company did not know or should not have reasonably
known, that such material violated any law, regulations or other
judicial or administrative action, violate the right of a Third
Party or are defamatory or obscene. An Affiliate means, with
respect to either party, any corporation, firm, partnership,
person or other entity, whether de jure or de facto, which
directly or indirectly owns, is owned by or is under common
ownership with such party to the extent of at least 50% of the
equity having the power to vote on or direct the affairs of the
entity, and any person, firm, partnership, corporation or other
entity actually controlled by, controlling or under common
control with such party. A "Third Party" means an entity other
than the parties to this Agreement, their respective Affiliates,
and each of their respective directors, officers, employees and
agents.
b. Advertiser agrees to defend, indemnify and hold harmless
Media Company its Affiliates and their respective directors,
officers, employees and agents from any and all Losses incurred
as a result of a Third Party claim, judgment or proceeding
relating to or arising out of Advertiser’s breach of Section XII,
violation of Policies (to the extent the applicable terms of
such Policies have been provided to Agency at least ten days
prior to the violation giving rise to the claim), or the content
or subject matter of any Ad or Advertising Materials to the
extent used by Media Company in accordance with these Terms and
Conditions or an IO, including but not limited allegations that
such content or subject matter violate the right of a Third
Party, are defamatory or obscene, or violate any law,
regulations or other judicial or administrative action.
c. Agency represents and warrants that it has the authority as
agent to Advertiser to bind Advertiser to these Terms and
Conditions and each IO. Agency agrees to defend, indemnify and
hold harmless Media Company its Affiliates and their respective
directors, officers, employees and agents from any and all
Losses incurred as a result of Agency’s alleged breach
of the foregoing sentence.
d. If any action will be brought against
either party (the “Indemnified Party”) in respect to any
allegation for which indemnity may be sought from the other
party (“Indemnifying Party”), the Indemnified Party will
promptly notify the Indemnifying Party of any such claim of
which it becomes aware and will: (i) provide reasonable
cooperation to the Indemnifying Party at the Indemnifying
Party's expense in connection with the defense or settlement of
any such claim;
and (ii) be entitled to participate at its own expense in the
defense of any such claim. The Indemnified Party agrees that the
Indemnifying Party will have sole and exclusive control over the
defense and settlement of any such third party claim. However,
the Indemnifying Party will not acquiesce to any judgment or
enter into any settlement that adversely affects
the Indemnified Party's rights or interests without the prior
written consent of the Indemnified Party.
e. Notwithstanding the foregoing, in the event that any
Indemnifying Party is required to defend, indemnify or hold
harmless an Indemnified Party from a claim, judgment or
proceeding of a Related Party (as defined below) of such
Indemnified Party pursuant to this Section X, Losses incurred in
connection with such claim, judgment or proceeding will be
limited to those that are reasonably foreseeable. A "Related
Party" is a party in a contractual relationship with the
Indemnified Party where such specific contractual relationship
relates to the Loss being asserted by that Related Party.
XI. LIMITATION OF LIABILITY
Excluding the parties obligations under Section X or damages
that result from a breach of Section XII or intentional
misconduct by the parties, in no event will either party be
liable for any consequential, indirect, incidental, punitive,
special or exemplary damages whatsoever, including without
limitation, damages for loss of profits, business interruption,
loss of information and the like, incurred by the other party
arising out of this Agreement, even if such party has been
advised of the possibility of such damages.
XII. NON-DISCLOSURE, DATA OWNERSHIP, PRIVACY AND LAWS
a. Any marked confidential information and proprietary data
provided by one party, including the Ad description, and the
pricing of the Ad, set forth in the IO, shall be deemed
“Confidential Information” of the disclosing party. Confidential
Information shall also include information provided by one
party, which under the circumstances surrounding the disclosure
would be reasonably deemed confidential or proprietary.
Confidential Information shall not be released by the receiving
party to anyone except an employee, or agent who has a need to
know same, and who is bound by confidentiality obligations.
Neither party will use any portion of Confidential Information
provided by the other party hereunder for any purpose other than
those provided for under this Agreement.
b. For purposes of this Section, Agency and Advertiser shall be
considered one party. Notwithstanding anything contained herein
to the contrary, the term “Confidential Information” shall not
include information which: (i) was previously known to a party;
(ii) was or becomes generally available to the public through no
fault of the receiving party (“Recipient”); (iii) was
rightfully in Recipient’s possession free of any obligation of
confidence at, or subsequent to, the time it was communicated to
Recipient by the disclosing party (“Discloser”); (iv) was
developed by employees or agents of Recipient independently of
and without reference to any information communicated to
Recipient by Discloser; or (v) was communicated by Discloser to
an unaffiliated third party free of any obligation of confidence.
Notwithstanding the
foregoing, either party may disclose Confidential Information in
response to a valid order by a court or other governmental body,
as otherwise required by law or the rules of any applicable
securities exchange or as necessary to establish the rights of
either party under this Agreement; provided, however, that both
parties will stipulate to any orders necessary to protect said
information from public disclosure.
c. All personally identifiable information provided by
individual web users who are informed that such information is
being gathered solely on behalf of Advertiser pursuant to the
Advertiser’s posted privacy policy is the property of Advertiser,
is subject to the Advertiser's posted privacy policy, and is
considered Confidential Information. Any other use of such
information must be set forth in the IO signed by both
parties.
d. Media Company, Agency, and Advertiser shall post on their
respective Web sites their privacy policies and adhere to their
privacy policies, which abide by the applicable laws. Failure by
Media Company, on one hand, or Agency or Advertiser, on the
other, to continue to post a privacy policy or nonadherence to
its own privacy policy is grounds for immediate
cancellation of the IO by the other parties.
e. Agency, Advertiser and Media Company will comply with at all
times, all applicable federal, state and local law, ordinances,
regulations and codes which are relevant to their performance of
their respective obligations under this Agreement.
XIII. THIRD PARTY AD SERVERS
(Applicable if 3rd Party Server Is Used)
a. a. Media Company will track delivery through its ad server
and Agency will also track delivery through its proprietary or
subcontracted 3rd Party Ad Server whose identity is set forth in
the IO. Agency may not substitute the 3rd Party Ad Server
specified in the IO without Media Company's consent. Agency and
Media Company agree to give reciprocal access to relevant and
non-proprietary statistics from both ad servers, or if such is
not available, provide weekly placement-level activity reports
to each other. In the event that the Media Company’s ad server
measurements are higher than those produced by the Agency’s 3rd
Party Ad Server by more than 10% over the invoice period, Agency
will facilitate a reconciliation effort between Media Company
and 3rd Party Ad Server. If the discrepancy cannot be resolved
and Agency has made a good faith effort to facilitate the
reconciliation effort, the Agency reserves the right to either:
1. Consider the discrepancy an under-delivery of the
Deliverables as described in Section VI(b) whereupon the parties
shall act in accordance with that Section, including the
requirement that Agency and Media Company make an effort to
agree upon the conditions of a makegood flight, except that for
purposes of this Section XIII(a)(1), delivery of any makegood
shall be
measured by the 3rd Party Ad Server, or
2. Pay Media Company based on Agency 3rd party Ad Server
reported data, plus a 10% upward adjustment to delivery.
b. Media Company will make reasonable efforts to publish, and
Agency shall make reasonable efforts to cause the 3rd Party Ad
Server to publish, a disclosure in the form specified by the
AAAA and IAB regarding their respective ad delivery measurement
methodologies with regards to compliance with the IAB/AAAA Ad
Measurement Guidelines.
c. Section XIII(a) shall be terminated upon the establishment of
an IAB/AAAA certification process for compliance with the IAB/AAAA
Ad Measurement Guidelines. Upon such termination the parties
shall negotiate in good faith a replacement or successor
language for that Section.
d. Where an Agency is utilizing a 3rd Party Ad Server and that
3rd Party Ad Server cannot serve the Ad, the Agency shall have a
one-time right to temporarily suspend delivery under the IO for
a period of up to 72-hours. Upon written notification by Agency
of a non-functioning 3rd Party Ad Server, the Media
Company has 24 hours to suspend delivery. Following that period,
Agency will not be held liable for payment for any Ad that runs
within the immediate 72-hour period thereafter until the Media
Company is notified that the 3rd Party Ad Server is able to
serve Ads. After the 72-hour period passes and Agency has not
provided written notification that Media Company can resume
delivery under the IO, Advertiser will
pay for the Ads that would have run or are run after the 72 hour
period but for the suspension and can elect Media Company to
serve Ads until 3rd Party Ad Server is able to serve Ads. If
Agency does not so elect for Media Company to serve the Ads
until 3rd Party Ad Server is able to serve Ads, Media Company
may utilize the inventory that would have been otherwise used
for Media Company's own advertisements or advertisements
provided by a third party Upon notification that the 3rd Party
Ad Server is functioning, Media Company will have 72 hours to
resume delivery. Any delay in the resumption of delivery beyond
this period, without
reasonable explanation, will result in Media Company owing a
makegood to Agency.
XIV. MISCELLANEOUS
a. Media Company represents and warrants that Media Company has
all necessary permits, licenses, and clearances to sell the
inventory represented in the IO subject to the terms and
conditions of this agreement, including any applicable Policies.
Advertiser represents and warrants that Advertiser has all
necessary licenses and clearances to use the content
contained in their Ads and Advertising Materials.
b. Neither Agency nor Advertiser may resell, assign or transfer
any of its rights or obligations hereunder, and any attempt to
resell, assign or transfer such rights or obligations without
Media Company’s prior written approval will be null and void.
All terms and provisions of these Terms and Conditions and each
IO will be binding upon and inure to the benefit of the parties
hereto and their respective permitted transferees, successors
and assigns.
c. These Terms and Conditions and the related IO constitute the
entire agreement of the parties with respect to the subject
matter and supersede all previous communications,
representations, understandings, and agreements, either oral or
written, between the parties with respect to the subject matter
of the IO. The IO may be executed in counterparts, each of which
shall be an original and all of which together shall constitute
one and the same document.
d. In the event of any inconsistency between the terms of an IO
and these Terms and Conditions, the terms of the IO shall
prevail. All IOs shall be governed by the laws of the State of [
]. Media Company and Agency (on behalf of itself and not
Advertiser) agree that any claims, legal proceeding or
litigation arising in connection with the IO (including these
Terms and Conditions) will be brought solely in [ ], and the
parties consent to the jurisdiction of such courts. No
modification of these Terms and Conditions or any IO shall be
binding unless in writing and signed by both parties. If any
provision herein is held to be unenforceable, the remaining
provisions shall remain in full force and effect. All rights and
remedies hereunder are cumulative.
e. Any notice required to be delivered hereunder shall be
delivered three days after deposit in U.S. mail, return receipt
requested, one business day if sent by overnight courier service,
and immediately if sent electronically or by fax. All notices to
Media Company and Agency shall be sent to the contact as noted
in the IO with a copy to the Legal Department. All notices to
Advertiser shall be sent to the address specified on the IO.
f. Sections III, VI, X, XI, XII, and XIV shall survive
termination or expiration of this Agreement and Section IV shall
survive for 30 days after the termination or expiration of this
Agreement. In addition, each party shall return or destroy the
other party’s Confidential Information and remove Advertising
Materials and Ad tags. |