SayPro standardized contract that outlines

SayPro Partnership Agreement Template

This Partnership Agreement (the “Agreement”) is entered into on this [Date], by and between:

SayPro Ads, a [Company Structure: e.g., corporation, LLC], with its principal office located at [Address], (“SayPro”) and
[Partner Name], a [Company Structure: e.g., corporation, LLC], with its principal office located at [Partner Address], (“Partner”).

1. Definitions

For the purposes of this Agreement, the following definitions shall apply:

• “Campaign” refers to the advertising initiatives and efforts run by SayPro Ads on behalf of the Partner, including but not limited to digital advertisements, geo-targeted content, and any other form of advertisement agreed upon by both parties.
• “Royalty” refers to the compensation to be shared between the parties, based on the revenue generated through advertising campaigns.
• “Metrics” refers to the agreed-upon performance indicators, such as impressions, click-through rates, conversions, engagement, etc.
• “Agreement Term” refers to the duration of this Agreement as outlined in Section 2.

2. Term of the Agreement

This Agreement shall commence on the effective date [Date], and will continue in effect for an initial term of [X months/years], unless terminated earlier as provided herein.

Renewal Options:
The Agreement may be renewed automatically for additional terms of [X months/years] unless either party notifies the other in writing at least [30/60] days before the end of the current term.

3. Partnership Scope and Responsibilities

A. SayPro Ads’ Responsibilities

1. Campaign Design & Execution:
   SayPro Ads will design, execute, and manage advertising campaigns tailored to the Partner’s needs. These campaigns may include geo-targeted ads, digital media buys, etc., aligned with the objectives of the Partner.
2. Reporting:
   SayPro Ads shall provide regular performance reports, including campaign metrics and progress toward agreed-upon KPIs.
3. Optimization & Adjustments:
   SayPro Ads shall analyze campaign performance and make necessary adjustments to improve outcomes, including revising targeting, messaging, or ad formats.

B. Partner’s Responsibilities

1. Content & Approval:
   The Partner will provide necessary materials for the campaigns (e.g., branding assets, promotional content), as well as timely feedback on content drafts.
2. Collaboration:
   The Partner will collaborate with SayPro Ads in good faith to achieve campaign objectives, ensuring that the agreed-upon objectives are met.
3. Timely Payment:
   The Partner will ensure timely payment for any fees associated with the campaign as outlined in Section 5.

4. Royalty and Revenue Sharing

1. Royalty Structure:
   The royalty percentage will be calculated based on the revenue generated through the campaigns. The royalty rate is as follows:
   • SayPro Ads: [X%]
   • Partner: [Y%]
     (Royalty splits can be adjusted based on performance metrics or mutually agreed changes.)
2. Payment Terms:
   • Royalties will be paid to the Partner on a [monthly/quarterly] basis, within [X] days of the end of each billing cycle.
   • Payments shall be made via [Payment Method] to the bank account designated by the Partner.
3. Revenue Attribution:
   The revenue generated will be tracked via [specified tracking software or tools]. Both parties will have access to the dashboard or reports for transparent tracking.

5. Campaign Metrics and Reporting

1. Key Performance Indicators (KPIs):
   The campaigns will be tracked using the following KPIs:
   • Impressions: Number of times the ad is displayed.
   • Clicks: Number of interactions with the ad.
   • Conversion Rate: Percentage of clicks leading to desired actions (e.g., sign-ups, purchases).
   • Geographic Targeting Performance: Engagement from the specific geographic areas outlined in the campaign plan.
   • Other metrics as agreed upon: [Insert specific metrics]
2. Reporting Frequency:
   SayPro Ads will provide campaign performance reports on a [weekly/monthly] basis. These reports will include detailed data on the KPIs mentioned above, as well as any optimization efforts that have been implemented.
3. Review of Results:
   Both parties agree to review the reports at least once a month to assess performance and adjust the campaign strategy as needed to achieve mutually agreed goals.

6. Confidentiality

Both parties agree to keep confidential all information shared during the course of this partnership, including but not limited to:

• Business strategies
• Marketing plans
• Financial data and royalty rates
• Any other proprietary information related to the campaigns

This confidentiality obligation will remain in effect for [X years] after the termination of this Agreement.

7. Termination

This Agreement may be terminated under the following conditions:

1. By mutual agreement: If both parties agree to terminate the Agreement, a written notice will be provided, and any outstanding fees or royalties will be settled.
2. For cause: Either party may terminate this Agreement if the other party:
   • Breaches any material term of this Agreement and fails to remedy such breach within [X] days after written notice.
   • Becomes insolvent, bankrupt, or ceases operations.
3. Notice of Termination:
   Any party wishing to terminate must provide written notice to the other party at least [X] days prior to the desired termination date.

8. Intellectual Property

Each party retains ownership of its respective intellectual property. For the purposes of this partnership, SayPro Ads is granted a non-exclusive, non-transferable license to use the Partner’s intellectual property (logos, trademarks, and materials) strictly for campaign purposes.

9. Indemnification and Liability

• Indemnification:
  Each party agrees to indemnify and hold harmless the other party from any claims, losses, or liabilities arising out of:
  • The use of the other party’s intellectual property without authorization.
  • Any infringement of third-party rights caused by content provided by the indemnifying party.
• Limitation of Liability:
  Neither party shall be liable for indirect, incidental, or consequential damages arising from the performance or non-performance of this Agreement, except in cases of gross negligence or willful misconduct.

10. Miscellaneous

• Governing Law:
  This Agreement shall be governed by the laws of [Jurisdiction], without regard to its conflict of laws principles.
• Dispute Resolution:
  Any disputes that arise under this Agreement will be resolved through [arbitration/mediation] in [Location]. If an amicable resolution cannot be reached, disputes will be submitted to binding arbitration.
• Entire Agreement:
  This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements, whether written or oral, relating to the subject matter hereof.

11. Signatures

By signing below, both parties acknowledge and agree to the terms of this Partnership Agreement.

SayPro Ads
Name: ___________________
Title: ___________________
Signature: ________________
Date: ____________________

Partner
Name: ___________________
Title: ___________________
Signature: ________________
Date: ____________________

This template is designed to serve as a starting point for a partnership agreement between SayPro Ads and its road sector partners. Customization may be needed based on specific requirements or legal counsel.