SYNCHRONIZE MEDIA MEDIA COM
Page 01, Para 4 ; the name kiwi should be replaced with "PPL"
Page 02, Entitled to remuneration equivalent to 3.5% of the
Remuneration
actual gross billed amount excluding GST/ CED.
PAGE 02, CLAUSE 4.4; Agency will submit invoices for amount incurred
but " no time is mention, i.e; monthly or annualy or quaterly"
Page 03, Clause 4.5; If payment is not received within due dates, late payment
Payment
charges (LPS) will be charged on all overdue invoices calculated on daily
basis and as per relevant clause of PBA, APNS.
No clause is mentioned of any refund from agency.
Audit No clause related to Audit is mentioned.
Exclusivity No such clause is mentioned.
Ownership and custody of Material Nothing is mentioned of Purchased material.
Page 04, Clause 6.1; commision of 2.5% on the media
Media agency shall submit original sales tax invoices of Media owners
owners to PPL on "MONTHLY" basis.
No clause is included if PPL make payment late for any reason except
disputed invoices.
Page 04, Clause 7.6; Payments made to Media Agency are refundable at
PPL's request except to the extent that any portion of the services
underlying the payment have been performed. Should Media Agency fails
to perform any services, then the full amount of any remittance related
to such unperformed services shall be refunded to PPL, including taxes, duties,
levies etc. as may be applicable at that time or form time to time.
The media agency shall if requested by PPL give PPL's authorized representative's
access, at any time during office hours upon reasonable prior purpose the
notice of one week to the media agency's record and books for the purpose of
auditing the services and the costs related to them. For this Media agency
should retain records for 1 year after completion of financial year.
Page 05, clause 9.4 ;For a period of 6 months following the date of termination
of this agreement, the media agency shall ensure that any employee that has
provided services to PPL or worked on the PPL account in any manner , shall not be
allowed to work on a competitive account unless 3 months elapsed since the
employee, agent or sub contractor last provided the services to PPL or worked on the
PPL account in any manner.
Page 05, clause 9.5; aFor a period of 6 months following the date of termination of
this agreement, the media agency and its affiliates shall not (without PPL's prior written
consent) provide services similar to the services to another person in Pakistan
in respect of any product which in reasonable opinion of PPL competes with any of the
products of PPL's affiliate companies.
All material prepared or purchased for PPL will be and remain PPL property.