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Social Media Agreement

The document outlines a social media agreement between Bhang Corporation and Bang Digital Media. It details the social media services BDM will provide for BC including posts, content production, and account management. It also covers payment terms, confidentiality, termination, and signatures from both parties.

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Allan Henry
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0% found this document useful (0 votes)
45 views3 pages

Social Media Agreement

The document outlines a social media agreement between Bhang Corporation and Bang Digital Media. It details the social media services BDM will provide for BC including posts, content production, and account management. It also covers payment terms, confidentiality, termination, and signatures from both parties.

Uploaded by

Allan Henry
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Social media agreement Search Social Media Agreement Download Save Share Cite Exhibit 10.1 Social
Media Agreement This Social Media Agreement “Agreement” is made effective May 16, 2017 by and
between BHANG Corporation (“BC”) and Bang Digital Media (“BDM”), (collectively, the “Parties”).
Therefore, the Parties agree as follows: 1. DESCRIPTION OF SERVICES. BDM will provide the following
services for BC: social media posts - planning & posting, social media post content production and social
media account monitoring/management (collectively, the “Services”). 2. PERFORMANCE OF SERVICES.
A. BDM shall implement plans and strategies that help BC market its brand, its IP and its merchandise
using primarily INSTAGRAM & FACEBOOK. B. BDM shall design approaches specific to the BC’s needs
(hashtag research and implementation, strategic liking, posting and reposting). C. BDM shall interact
with customers that approach the social media platform with comments/messages, and where
necessary, will coordinate with the COO or Director of Operations and work with BC’s swag fulfillment
center, Onyx, to have customers sent swag. D. BDM shall take steps to organize production of original
content. All rights of images belong to BC. E. BDM shall keep content positive and shall work to
maintain the positive public’s perception of BC. F. The manner in which the Services are to be
performed and the specific hours to be worked by BDM shall be determined by BDM. BC will rely on
BDM to work as many hours as may be reasonably necessary to fulfill BDM’s obligations under this
Agreement. BDM commits to a minimum of 60 hours monthly from its team (Award winning Journalists,
Filmmakers, Project Managers, Full Stack Developers, and PR Strategists). G. Twice-a-Month
Conference calls for updates, check-in and strategy re-alignment H. Monthly Data analysis and reports
I. Creative graphic design, video & copy for growth and alternative strategies, constant iteration,
audience tweaks and optimization of ads for growth and better ROI. J. 20-40 social postings/month
across social platforms K. Ongoing proposals for growth, engagement, PR and sales strategies L.
Four sponsored memes on “4TwentyToday” & “4TT Network/ month” M. One monthly 2-4 hour visit to
Denver-based-facility for capture of future video & still content N. 50% discounted event space rental
at the International Church of Cannabis in Denver. 3. PAYMENT. BC will pay a fee to BDM for the
Services based on $5,000 per month for the months BDM is engaged to perform Social Media Services
for BC plus $1,000 in discretionary ad spending. The $5,000 fee shall be payable monthly, no later than
the twenty-fifth day of the month following the period during which the Services were performed. The
ad-spend dollars will be reimbursed within 10 business days of receiving periodic invoices. Ad-spend
invoices must be billed at least every 60 days. 4. TERM/TERMINATION. The term of this Agreement is
month-to-month. The Agreement may be terminated without cause by either party upon a 30-day
written notice. If this Agreement is terminated prior to the end of any 30-day period, BC agrees to pay all
obligations then due and payable, including the monthly fee in full for any partial monthly serviced,
made by BDM on BC’s behalf within 10 business days of receiving BDM’s final invoice. No rights or
liabilities shall arise with relationship to unfinished work, regardless of any plans that may have been
made for future services. 5. RELATIONSHIP OF PARTIES. It is understood by the Parties that BDM is an
independent contractor with respect to BC, and not an employee of BC. BC will not provide fringe
benefits, including health insurance benefits, paid vacation, or any other employee benefit, for the
benefit of BDM. 6. EMPLOYEES. BDM’s employees, if any, who perform services for BC under this
Agreement shall also be bound by the provisions of this Agreement. 7. CONFIDENTIALITY. BDM agrees
not to disseminate or use for its own purpose or for any other BDM clients, either during or after the
termination of the contract, any BC content or confidential information imparted by BC. BDM agrees to
use reasonable controls to restrict dissemination of such information. BDM understands that all
information BC provides shall be considered sensitive and confidential unless expressly declared
otherwise. BC will protect the Information and treat it as strictly confidential; other proprietary
information which are valuable, special, and unique assets of BC and need to be protected from
improper disclosure. 8. CONFIDENTIALITY AFTER TERMINATION. The confidentiality provisions of this
Agreement shall remain in full force and effect after the termination of this Agreement. Passwords and
any such information shall be passed over immediately to BC if they change or if this agreement is
cancelled. All social media accounts including log-ins and passwords will be the sole property of BC. 9.
NOTICES. All notices required under this Agreement shall be in writing and shall be deemed delivered
when delivered in person or deposited in the United States mail postage prepaid. 10. ENTIRE
AGREEMENT. This Agreement contains the entire agreement of the Parties and there are no other
promises or conditions in any other agreement whether oral or written. This agreement supersedes any
prior written or oral agreements between the Parties. 11. AMENDMENT. This Agreement may be
modified or amended if the amendment is made in writing and is signed by both Parties. 12.
SEVERABILITY. If any provisions of this Agreement shall be held to be invalid or unenforceable for any
reason, the remaining provisions shall continue to be valid and enforceable. If a court finds that any
provisions of this Agreement is invalid or unenforceable, but that by limiting such provisions it would
become valid and enforceable. then such provisions shall be deemed to be written, construed, and
enforced as so limited. 13. WAIVER OF CONTRACTUAL RIGHT. The failure of either party to enforce any
provisions of this Agreement shall not be con trued as a waiver or limitation of that party’s right to
subsequently enforce and compel strict compliance with every provision of this Agreement. 14.
GOVERNING LAW; SUBMISSION TO JURISDICTION; WAIVER OF JURY TRIAL. THE INTERPRETATION AND
PERFORMANCE OF THIS AGREEMENT SHALL BE CONTROLLED BY AND CONSTRUED UNDER THE LAWS OF
THE STATE OF FLORIDA WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES. ANY JUDICIAL
PROCEEDING BROUGHT WITH RESPECT TO THIS AGREEMENT MUST BE BROUGHT IN THE MIAMI-DADE
COUNTY DISTRICT OF FLORIDA OR ANY COURT OF COMPETENT JURISDICTION IN THE STATE OF FLORIDA
LOCATED IN THE CITY OF MIAMI, AND, EACH PARTY: (I) ACCEPTS UNCONDITIONALLY, THE EXCLUSIVE
JURISDICTION OF SUCH COURTS AND ANY RELATED APPELLATE COURT, AND AGREES TO BE BOUND BY
ANY FINAL, NON-APPEALABLE JUDGMENT RENDERED THEREBY IN CONNECTION WITH THIS
AGREEMENT; (II) IRREVOCABLY WAIVES ANY OBJECTION IT MAY NOW OR HEREAFTER HAVE AS TO THE
VENUE OF ANY SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN SUCH A COURT OR THAT SUCH
COURT IS AN INCONVENIENT FORUM PROVIDED, HOWEVER, THAT SUCH CONSENT TO JURISDICTION IS
SOLELY FOR THE PURPOSE REFERRED TO IN THIS SECTION AND SHALL NOT BE DEEMED TO BE A
GENERAL SUBMISSION TO THE JURISDICTION OF SAID COURTS OR THE STATE OF FLORIDA OTHER THAN
FOR SUCH PURPOSE; AND (III) AGREES THAT PROCESS IN ANY SUCH ACTION, IN ADDITION TO ANY
OTHER METHOD PERMITTED BY LAW, MAY BE SERVED UPON IT BY REGISTERED OR CERTIFIED MAIL,
RETURN RECEIPT REQUESTED, ADDRESSED TO SUCH PARTY AT THE ADDRESS DESIGNATED BY SUCH
PARTY HEREIN, AND SUCH SERVICE SHALL BE DEEMED EFFECTIVE AS IF PERSONAL SERVICE HAD BEEN
MADE UPON IT WITHIN MIAMI_DADE COUNTY. THE PARTIES HEREBY WAIVE TRIAL BY JURY IN ANY
JUDICIAL PROCEEDING TO WHICH THEY ARE PARTIES INVOLVING, DIRECTLY OR INDIRECTLY, ANY
MATTER ARISING OUT OF, RELATED TO OR IN CONNECTION WITH THIS AGREEMENT. EACH PARTY
HEREBY WAIVES TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTER CLAIM BROUGHT BY ANY OF
THEM AGAINST THE OTHER ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS AGREEMENT, OR
ANY OTHER AGREEMENTS EXECUTED IN CONNECTION HEREWITH OR THE ADMINISTRATION THEREOF
OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN. BHANG CORPORATION: BANG DIGITAL
MEDIA a Nevada Corporation By: /s/ Scott Van Rixel By: /s/ Steve Berke Scott Van Rixel Steve
Berke Title: Chief Executive Officer Title: Chief Executive Officer Address: Address: 1400 NE
Miami Gardens Drive #202 6815 Biscayne Blvd Suite#103 North Miami Beach, FL 33179 Miami FL 33138
Document Meta Data Filed: May 22nd, 2017 Category Social Media Agreement Filing ID 0001615774-17-
002548 SEC Filing Type 10-q Language en Company Bang Holdings Corp. SEC Exhibit ID ex-10 Source
www.sec.gov Type contract See Related Content and Templates Related content CLOSE All contents of
the lawinsider.com excluding SEC contracts are Copyright © 2013-2020 Law Insider Inc. All rights
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