This Contract shall also extend to and be enforceable by any and all businesses, subsidiaries, brands, entities, or agencies wholly or partially owned, managed, or directed by Maria Mihaela Cojocaru, including but not limited to Wanda Ink Ltd, Wanda Tattoo Studio, and any other existing or future company under her directorship. The Artist acknowledges and agrees that the terms of this Contract are binding under any such entity, whether contracts or deals are signed directly through WANDA INK LTD or another affiliated company owned or operated by Maria Mihaela Cojocaru.
PURPOSE OF CONTRACT
The Agency is in the business of representing artists and entertainers and agrees to represent the Artist for their mutual gain and benefit in the entertainment industry.
DUTIES OF THE AGENCY
- Negotiate, procure, and manage contracts and agreements for the Artist’s services.
- Act solely in the Artist’s interests within the entertainment industry, including but not limited to television, film, music, fashion, publishing, live appearances, and endorsements.
- Provide strategic career guidance, branding, publicity support, and business development.
BEST EFFORTS
The Agency commits to using all reasonable and professional efforts to secure suitable opportunities for the Artist and to provide strategic advice for long-term career advancement.
COMPENSATION
The Artist shall pay the Agency 30% of all gross earnings from contracts or engagements arising from or negotiated during the term of this Contract.
COMPUTATION OF GROSS EARNINGS
Gross Earnings includes but is not limited to:
- Salaries, fees, bonuses, royalties
- Equity (stocks, options, profit shares)
- Merchandise, appearances, endorsements
- All earnings stemming from opportunities initiated or influenced by the Agency
PAYMENT TERMS
All commissions owed to the Agency are payable immediately upon the Artist’s receipt of the corresponding earnings.
EXCLUSIVITY & NON-COMPETE
The Artist agrees to work exclusively with the Agency and shall not engage any third party to perform similar representation functions during the term of this Contract.
This exclusivity covers:
- Wanda Consulting LTD
- Wanda Ink LTD
- Wanda Tattoo Studio
- All past, present, and future business entities under the directorship or ownership of Maria Mihaela Cojocaru
The Artist further agrees not to enter into any agreement that could conflict with this Contract or undermine the Agency’s interests or business relationships.
BREACH & CONSEQUENCES
Any breach of this Contract, including non-compete or exclusivity clauses, shall be deemed a material breach and shall result in:
- A minimum monetary penalty of £50,000,
- The right of the Agency to seek injunctive relief, legal enforcement, and equitable remedies,
- Continuation of obligations related to revenues from deals negotiated during the term of this Contract, even after termination.
AGENCY RIGHTS
The Agency retains the right to represent other artists and entities, provided there is no direct conflict of interest.
TERMINATION
Either party may request termination in writing. All earnings from contracts negotiated or substantially influenced by the Agency prior to termination shall remain subject to this Contract and the Agency’s commission.
If the Artist enters into an agreement with any offeror (or connected party) that made an offer during the Contract term, even post-termination, commissions are still due.
NOTICE OF BREACH & CURE PERIOD
Written notice of breach must be given with 60 days to cure. Failure to remedy within this period results in automatic termination and enforcement of damages.
ARBITRATION
All disputes shall be resolved by binding arbitration in London, under English arbitration rules. The decision is final and enforceable in any court of competent jurisdiction. No punitive damages may be awarded, and both parties must continue obligations during arbitration.
RETROACTIVE COVERAGE & PRIOR DEALINGS
The parties acknowledge that they have been professionally engaged in a working relationship prior to the Effective Date of this Contract...
(Content continues with retroactive terms as in your document)
EXTENDED INTERPRETATION
‘Contract’ includes all renewals, extensions, and replacements.
‘Package’ includes any project involving the Artist’s creative or commercial involvement.
ENTIRE AGREEMENT
This document represents the entire agreement. No verbal or previous written agreements shall be considered valid unless formally included.
SEVERABILITY
If any provision is deemed invalid or unenforceable, the remainder of the Contract remains in full effect.
AMENDMENTS
All amendments must be in writing and signed by both parties.
GOVERNING LAW
This Contract shall be governed by and construed under the laws of England and Wales.
NOTICE
All official communications shall be delivered in person or sent via certified mail to the addresses noted above or to such addresses as may be designated in writing.
NO WAIVER
Failure to enforce any part of this Contract shall not be construed as a waiver of any rights.