Agreement between Advertising Agent and Cinema Theatre Owner
| Updated at | March 2010 |
AGREEMENT is made at... this... day of... between Mr.Naresh Mehtaof... residing at... hereinafter referred to as 'the Owner' of the One Part and M/ s.Blazeflash & Co. Ltd., a Company registered under the Companies Act, 1956, having its registered office at... hereinafter referred to as 'The Company' of the other Part;
WHEREAS -
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The Owner owns a Cinema theatre known as... situate at... in which commercial cinema films are exhibited daily.
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The Company is carrying on business of an advertising agent and has contracts with several advertisers for displaying advertisements of their products.
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The Owner has agreed to display the advertisements supplied by the Company from time to time on the cinema screen in the said theatre on the following terms and conditions agreed to by the Company.
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It is now proposed to record the said terms and conditions in the manner following.
NOW IT IS AGREED BETWEEN THE PARTIES HERETO AS FOLLOWS:--
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The Owner agrees to display or exhibit the advertisement slides prepared by the Company and as and when furnished by the Company on the screen of the said theatre at every cinema film show every day.
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The slides will be displayed or exhibited once before the main film starts and once during the interval of the Film show.
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Number of slides and the kind of slides to be displayed at every show every day will be communicated in writing by the Company to the Owner atleast one week before the day on which the slide or slides are to be shown or displayed and they will also be supplied alongwith such written intimation provided that, the number of slides for every show shall not exceed...
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The Company will pay to the Owner a charge of Rs... per slide per display and the aggregate amount for all the slides in a week shall be paid in advance to the Owner.
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The Owner will have a lien on the slides supplied by the Company from time to time for any amount payable by the Company to the Owner and will not be bound to part with the same until the amount is paid. This is without prejudice to the right of the Owner to take separate legal action for recovery of such amount.
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If the amount of charges payable for the slides to be shown in a week is not paid in advance as aforesaid, the Owner will not be bound to display the slide or slides until such payment is made.
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The slides, before they are displayed, will be shown to the Owner or his agent and if the Owner finds that any slide is objectionable on the ground that it contains...
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