BW Events, LLC
Master Services Agreement
This Master Services Agreement (the “Agreement”) is a binding contract between you (“Client”) and BW Events, LLC (“Company”). This Agreement governs your access to and use of
Company’s event technology consulting services for aligning,
architecting, configuring and project managing event technology
solutions (the “Services”).
BY EXECUTING A STATEMENT OF WORK TO PURCHASE THE SERVICES OR BY
ACCESSING OR USING THE SERVICES, YOU (A) ACKNOWLEDGE THAT YOU HAVE READ
AND UNDERSTAND THIS AGREEMENT; (B) REPRESENT AND WARRANT THAT YOU HAVE
THE RIGHT, POWER, AND AUTHORITY TO ENTER INTO THIS AGREEMENT, AND IF
ENTERING INTO THIS AGREEMENT FOR AN ORGANIZATION, THAT YOU HAVE THE
LEGAL AUTHORITY TO BIND THAT ORGANIZATION; AND (C) ACCEPT THIS AGREEMENT
AND AGREE THAT YOU ARE LEGALLY BOUND BY ITS TERMS.
In consideration of the mutual covenants and agreements hereinafter set
forth, the parties agree as follows:
-
Definitions.
“Agreement” has the meaning set forth in the preamble.
“Affiliate” of a person means any other person that directly or indirectly,
through one or more intermediaries, controls, is controlled by, or is
under common control with, such person. The term “control”
(including the terms “controlled by” and “under common
control with”) means the possession, directly or indirectly, of
the power to direct or cause the direction of the management and
policies of a person, whether through the ownership of voting
securities, by contract, or otherwise.
“Authorized Service Recipients” means the Affiliates of Client identified as such on a
Statement of Work.
“Change Order” has the meaning set forth in Section 7.1.
“Confidential Information” means any information that is treated as confidential by a
party, including but not limited to all non-public information about its
business affairs, products or services, Intellectual Property Rights,
trade secrets, third-party confidential information, and other sensitive
or proprietary information, whether disclosed orally or in written,
electronic, or other form or media, and whether or not marked,
designated, or otherwise identified as “confidential”.
Confidential Information shall not include information that: (a) is
already known to the Receiving Party without restriction on use or
disclosure prior to receipt of such information from the Disclosing
Party; (b) is or becomes generally known by the public other than by
breach of this Agreement by, or other wrongful act of, the Receiving
Party; (c) is developed by the Receiving Party independently of, and
without reference to, any Confidential Information of the Disclosing
Party; or (d) is received by the Receiving Party from a third party who
is not under any obligation to the Disclosing Party to maintain the
confidentiality of such information.
“Client” has the meaning set forth in the preamble.
“Client Materials” means any documents, data, know-how, methodologies, software,
and other materials provided to Company by Client.
“Deliverables” means all documents, work product, and other materials that are
delivered to Client hereunder or prepared by or on behalf of Company
while performing the Services, including any items identified as such in
a SOW.
“Disclosing Party” means a party that discloses Confidential Information.
“Intellectual Property Rights” means all (a) patents, patent disclosures, and inventions
(whether patentable or not), (b) trademarks, service marks, trade dress,
trade names, logos, corporate names, and domain names, together with all
of the goodwill associated therewith, (c) copyrights and copyrightable
works (including computer programs), and rights in data and databases,
(d) trade secrets, know-how, and other confidential information, and (e)
all other intellectual property rights, in each case whether registered
or unregistered and including all applications for, and renewals or
extensions of, such rights, and all similar or equivalent rights or
forms of protection in any part of the world.
“Law” means any statute, law, ordinance, regulation, rule, code,
order, constitution, treaty, common law, judgment, decree, other
requirement, or rule of law of any federal, state, local, or foreign
government or political subdivision thereof, or any arbitrator, court,
or tribunal of competent jurisdiction.
“Losses” mean all losses, damages, liabilities, deficiencies, claims,
actions, judgments, interest, awards, penalties, fines, costs, or
expenses of whatever kind, including reasonable attorneys’ fees
and court costs and the cost of enforcing any right to indemnification
hereunder and the cost of pursuing any insurance providers.
“Receiving Party” means a party that receives or acquires Confidential
Information directly or indirectly under this Agreement.
“Statement of Work” or “SOW” means each service ordering document signed by the duly
authorized representatives of both parties which references this
Agreement, identifies the Services ordered by Client from Company, sets
forth the price for the Services, and contains other applicable
information, or terms and conditions.
“Term” has the meaning set forth in Section 6.1.
-
Services. Company shall provide the Services to Client and its Authorized
Service Recipients as described in more detail in each SOW in
accordance with the terms and conditions of this Agreement. Each SOW
shall include the following information, to the extent applicable:
(a) a description of the Services to be performed pursuant to the
SOW; (b) the date upon which the Services will commence and the term
of the SOW; (c) the fees to be paid to Company under the SOW; (d) a
description of any Deliverables and any applicable delivery date for
such Deliverables (“Completion Date”); and (e) any other terms and conditions agreed upon by the
parties in connection with the Services to be performed pursuant to
the SOW.
-
Company Obligations.
-
Company is responsible for all Company personnel and for the
payment of their compensation, including, if applicable, withholding
of income taxes, and the payment and withholding of income taxes,
and the payment and withholding of social security and other payroll
taxes, unemployment insurance, workers’ compensation insurance
payments, and disability benefits.
-
Company will promptly and timely perform its obligations, including
according to any timetables, milestones or other requirements
outlined in a SOW.
-
Client Obligations.
- Client shall:
-
cooperate with Company in all matters relating to the
Services;
-
respond promptly to any Company request to provide direction,
information, approvals, authorizations, or decisions that are
reasonably necessary for Company to perform Services in accordance
with the requirements of this Agreement or any SOW; and
-
provide such information as Company may request, in order to carry
out the Services, in a timely manner, and ensure that it is complete
and accurate in all material respects.
-
If Company’s performance of its obligations under this
Agreement or any SOW is prevented or delayed by any act or omission
of Client, or its agents, subcontractors, consultants, or employees,
Company shall not be deemed in breach of its obligations under this
Agreement or otherwise liable for any costs, charges, or losses
sustained or incurred by Client, in each case, to the extent arising
directly or indirectly from such prevention or delay.
-
Contract Price. For performance of the Services and rendering the Deliverable,
Client shall pay to Company all fees due under the applicable SOW.
Travel-related expenses will be invoiced to Client on a pass-through
basis and supported with appropriate documentation, which shall be
made available to Client upon request.
-
Term and Termination.
-
Term. This Agreement will commence as of the Effective Date and
continue thereafter until the completion of the Services under all
SOWs, unless sooner terminated pursuant to this Section 6.
-
Termination by Company. Company shall have the right to modify,
reject, or terminate any SOW and any related work in process with
five (5) days written notice to Client. In the event Company
terminates the SOW prior to completion of Services, the Client shall
pay Company the fees due under the SOW with respect to Services
completed as of the date of termination. Upon settlement of funds
due to Company, all Client Materials will be returned to Client and
all Client use rights in the work in process as described in Section
9 will be transferred to Client.
-
Termination for Cause. Either party may terminate this Agreement,
or any SOW, effective upon written notice to the other party (the
“Defaulting Party”), if the Defaulting Party:
-
Materially breaches this Agreement, and such breach is incapable of
cure or, with respect to a material breach capable of cure, the
Defaulting Party does not cure such breach within thirty (30) days
after receipt of written notice of such breach; or
-
(i) becomes insolvent or is generally unable to pay, or fails to
pay, its debts as they become due; (ii) files or has filed against
it, a petition for voluntary or involuntary bankruptcy or otherwise
becomes subject, voluntarily or involuntarily, to any proceeding
under any domestic or foreign bankruptcy or insolvency law; (iii)
makes or seeks to make a general assignment for the benefit of its
creditors; or (iv) applies for or has appointed a receiver, trustee,
custodian, or similar agent appointed by order of any court of
competent jurisdiction to take charge of or sell any material
portion of its property or business.
-
Effect of Termination or Expiration. Upon expiration or termination
of this Agreement for any reason:
-
Company shall (i) promptly deliver to Client all Deliverables
(whether complete or incomplete) for which Customer has fully paid
and all Client Materials in its possession, and (ii) transfer to
Client all use rights in the foregoing Deliverables as described in
Section 9.
-
Each party shall (i) return to the other party all documents and
tangible materials (and any copies) containing, reflecting,
incorporating, or based on the other party’s Confidential
Information, (ii) permanently delete all of the other party’s
Confidential Information stored electronically in any form,
including on computer systems, networks, and devices such as cell
phones, and (iii) certify in writing to the other party that it has
complied with the requirements of this clause; provided, however,
that Client may retain copies of any Confidential Information of
Company incorporated in the Deliverables or to the extent necessary
to allow it to make full use of the Services and any
Deliverables.
-
Survival. The rights and obligations of the parties set forth in
this Section 6.5 (Survival), Section 6.4 (Effects or Termination or
Expiration), Section 9 (Intellectual Property Rights; Ownership),
Section 10 (Confidential Information), Section 12 (Representations
and Warranties), and Section 17 (General) shall survive expiration
or termination of this Agreement.
- Change in Services.
-
If Client desires changes to a SOW, Client shall submit to Company
details of the requested change in accordance with the notice
provisions in Section 17.2. Company shall, within a reasonable
time after receiving a Client-initiated request, or at the time that
Company initiates a change request, provide a written estimate to
Client of the impact of the requested change on the existing SOW.
Promptly after receipt of the written estimate, the parties shall
negotiate and agree in writing on the terms of such change (a
“Change Order”).
-
The parties may execute additional Statements of Work describing
Services, which will become part of this Agreement upon execution by
Company and the Client. If additional SOWs are executed, then Client
shall pay Company for all Services performed prior to the additional
SOW before Company begins work on the new SOW. Neither party shall
be bound by any Change Order unless mutually agreed upon in writing
in accordance with Section 7.1.
-
Payment of Services.
-
In exchange for Company’s Services under this Agreement, the
Client shall pay Company the fees set forth in the applicable
Statement(s) of Work. Company will submit a final invoice to Client
for all Services rendered by the Completion Date and Client shall
pay within thirty (30) days of the date of the invoice. If
Client fails to make any payment when due, without limiting
Company’s other rights and remedies: (i) Company may charge
interest on the past due amount per the SOW, calculated daily and
compounded monthly or, if lower, the highest rate permitted under
applicable law; and (ii) Client shall reimburse Company for all
reasonable costs incurred by Company in collecting any late
payments or interest, including attorney’s fees, court costs,
and collection agency fees.
-
Where the Services are provided on time and materials basis:
-
The fees payable for the Services shall be calculated in accordance
with the Company’s hourly fee rates set forth in the
applicable Statement of Work;
-
Company shall issue invoices to Client monthly in arrears for its
fees for time for the immediately preceding month.
-
The parties agree that after the initial twelve (12) months of the
Term, Company may increase its standard fee rates specified in the
applicable Statement of Work upon written notice to Client.
-
Where Services are provided for on a fixed price basis, the total
fees for the Services shall be the amount set out in the applicable
Statement of Work.
-
Client is restricted from using any form of a Deliverable until
final payment is received. Company shall have the right to withhold
the Deliverable while the parties attempt to resolve the
disputes.
-
Client agrees to reimburse Company for all reasonable and
out-of-pocket expenses incurred by Company in connection with the
performance of the Services.
-
Client shall be responsible for all sales, use, and excise taxes,
and any other similar taxes, duties, and charges of any kind imposed
by any federal, state, or local governmental entity on any amounts
payable by Client hereunder. Any such taxes, duties, and charges
currently assessed or which may be assessed in the future, that are
applicable to the Services are for the Client’s account, and
Client hereby agrees to pay such taxes; provided, that, in no event shall Client pay or be responsible for any taxes
imposed on, or with respect to, Company’s income, revenues,
gross receipts, personnel, or real or personal property or other
assets.
-
Intellectual Property Rights; Ownership. To the fullest extent permitted by law, Company retains ownership
in all Intellectual Property rights of the Deliverable. Further,
Company retains all ownership and Intellectual Property Rights to
the raw video footage, music, images, and other components
comprising the Deliverable for its future use. Upon full payment of
the Deliverable, Company grants Client and its Authorized Service
Recipients a limited, revocable, non-exclusive, non-sublicensable
and non-transferable license to use, copy, reproduce, display, or
distribute the Deliverable for the remaining Term of the Agreement.
Client shall retain sole ownership of all Intellectual Property
Rights in connection with any Client Materials it provides to
Company for use within the Deliverable. Client’s license to
use the Deliverable shall be dependent upon Client providing Company
with a limited, revocable, non-exclusive, non-sublicensable and
non-transferable license to use, copy, reproduce, display or
distribute the Client Materials used within the Deliverable for the
remaining Term of the Agreement. In no event will Company be liable
for any claims related to or arising from Client’s improper
use of the Deliverable or the music, images, and other components
that comprise the Deliverable or work in process.
-
Confidential Information.
-
The Receiving Party agrees:
-
not to disclose or otherwise make available Confidential
Information of the Disclosing Party to any third party without the
prior written consent of the Disclosing Party; provided, however, that the Receiving Party may disclose the Confidential
Information of the Disclosing Party to its and its Affiliates,
officers, employees, consultants, and legal advisors who have a
“need to know”, who have been apprised of this
restriction, and who are themselves bound by nondisclosure
obligations at least as restrictive as those set forth in this
Section 10.
-
to use the Confidential Information of the Disclosing Party only
for the purposes of performing its obligations under the Agreement
or, in the case of Client, to make use of the Services and
Deliverables;
-
to immediately notify the Disclosing Party in the event it becomes
aware of any loss or disclosure of any of the Confidential
Information of Disclosing Party.
-
If the Receiving Party becomes legally compelled to disclose any
Confidential Information, the Receiving Party shall provide.
-
prompt written notice of such requirement so that the Disclosing
Party may seek, at its sole cost and expense, a protective order or
other remedy;
-
reasonable assistance, at the Disclosing Party’s sole cost
and expense, in opposing such disclosure or seeking a protective
order or other limitations on disclosure.
-
If, after providing such notice and assistance as required herein,
the Receiving Party remains required by law to disclose any
Confidential Information, the Receiving Party shall disclose no more
than that portion of the Confidential Information which, on the
advice of the Receiving Party’s legal counsel, the Receiving
Party is legally required to disclose and shall use commercially
reasonable efforts to obtain assurances from the applicable court or
agency that such Confidential Information will be afforded
confidential treatment.
-
Use of Artificial Intelligence
-
Company shall not activate or use any artificial intelligence
(“AI”) functionality or features as part of the
performance hereunder without Client’s prior written approval,
including where expressly granted, the processing of Client
Materials that include personally identifiable information or
Confidential Information of Client. If and to the extent such
consent is granted, Company agrees that:
-
No Client Materials, including metadata, usage data, or derivative
data shall be used to train, fine-tune, or otherwise develop any AI
or machine learning models, whether proprietary or third-party; and
-
Any use of AI functionality shall be limited to the specific scope
and purposes authorized by Client in writing.
-
Company shall implement appropriate technical and organizational
measures to ensure that AI features, if activated, operate in
compliance with this provision.
-
Representations and Warranties.
-
Each party represents and warrants to the other party that:
-
it is duly organized, validly existing and in good standing as a
corporation or other entity as represented herein under the laws and
regulations of its jurisdiction of incorporation, organization, or
chartering;
-
it has the full right, power, and authority to enter into this
Agreement, to grant the rights and licenses granted hereunder, and
to perform its obligations hereunder;
-
the execution of this Agreement by its representative whose
signature is set forth at the end hereof has been duly authorized by
all necessary corporate action of the party; and
-
when executed and delivered by such party, this Agreement will
constitute the legal, valid, and binding obligation of such party,
enforceable against such party in accordance with its terms.
-
Company represents and warrants to Client that any materials used
in the Deliverable will not knowingly (a) infringe on the
intellectual property rights of any third party or any rights of
publicity or privacy or (b) violate any Law.
-
Client represents and warrants to Company that any materials
provided to Company by Client for incorporation into the Deliverable
will not (a) infringe on the intellectual property rights of any
third party or any rights of publicity or privacy or (b) violate any
Law.
-
Warranty Disclaimer. EXCEPT FOR THE EXPRESS WARRANTIES IN THIS
AGREEMENT, EACH PARTY EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES OF
ANY KIND OR NATURE, WHETHER EXPRESS, IMPLIED, STATUTORY, OR
OTHERWISE, INCLUDING WITHOUT LIMITATION THE IMPLIED WARRANTIES OF
MERCHANTIBILITY AND FITNESS FOR A PARTICULAR PURPOSE.
-
Indemnification.
-
Client shall defend, indemnify and hold harmless Company and its
officers, directors, employees, agents, affiliates, successors, and
assigns from and against any and all Losses arising from or related
to any claims, suits, actions, or proceedings
(“Action”): (i) regarding elements or materials provided
by Client and incorporated into the Deliverable; and (ii)
Client’s unauthorized use of any music, images, or other
materials comprising the Deliverable(s).
-
Client shall promptly notify Company in writing of any Action.
Client shall not settle any Action in a manner that adversely
affects the rights of Company without Company’s prior written
consent.
-
Limitation of Liability. COMPANY WILL NOT BE LIABLE FOR ANY LOSS OF USE, INTERRUPTION OF
BUSINESS, LOST PROFITS, LOSS OF GOODWILL OR REPUTATION, OR ANY
INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY KIND
REGARDLESS OF THE FORM OF ACTION WHETHER IN CONTRACT, TORT
(INCLUDING NEGLIGENCE), STRICT PRODUCT LIABILITY, OR OTHERWISE, EVEN
IF IT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO
EVENT SHALL COMPANY’S AGGREGATE LIABILITY ARISING OUT OF OR
RELATED TO THIS AGREEMENT UNDER ANY LEGAL OR EQUITABLE THEORY,
INCLUDING BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT
LIABILITY OR OTHERWISE EXCEED THE TOTAL AMOUNTS PAID TO COMPANY
UNDER THIS AGREEMENT IN THE TWELVE (12) MONTH PERIOD PRECEDING THE
EVENT GIVING RISE TO THE CLAIM.
-
Compliance with Laws. Each party shall perform all of its obligations under this
Agreement in compliance at all times with all foreign, federal,
state and local statutes, orders and regulations, including those
relating to privacy and data protection.
-
Force Majeure. Neither party shall be liable for any failure or delay in
performing an obligation under this Agreement that is due to any of
the following causes, to the extent beyond its reasonable control,
including but not limited to: acts of God, accident, riots, war,
terrorist act, epidemic, pandemic, quarantine, civil commotion,
natural disasters, strikes, fire, explosion or generalized lack of
availability of raw materials (“Force Majeure”). For the avoidance of doubt, Force Majeure shall not include (a)
financial distress nor the inability of either party to make a
profit or avoid a financial loss, (b) changes in the market prices
or conditions, or (c) a party’s financial inability to perform
its obligations hereunder.
-
General.
-
Neither party shall assign or transfer any rights or obligations
hereunder without the prior written consent of the other party,
except that Company shall have the right to assign any or all of its
rights or obligations under this Agreement without written consent
to any affiliate, or in connection with a merger, consolidation,
sale or acquisition of at least a majority of Company’s assets
or outstanding voting securities. Subject to these limitations, this
Agreement shall inure to the benefit of and be binding upon the
parties and their successors and assigns.
-
Any notice or consent under this Agreement must be in writing to
the address specified below, must be delivered either in person, by
certified or registered mail, return receipt requested and postage
prepaid, or by recognized overnight courier service, and shall be
deemed to have been given upon receipt.
-
If any term or provision of this Agreement is invalid, illegal, or
unenforceable in any jurisdiction, such invalidity, illegality, or
unenforceability shall not affect any other term or provision of
this Agreement or invalidate or render unenforceable such term or
provision in any other jurisdiction. Upon such determination that
any term or other provision is invalid, illegal, or unenforceable,
the parties hereto shall negotiate in good faith to modify this
Agreement so as to effect the original intent of the parties as
closely as possible in a mutually acceptable manner in order that
the transactions contemplated hereby be consummated as originally
contemplated to the greatest extent possible.
-
Any waivers or amendments shall be effective only if made in
writing signed by a representative of the respective parties.
-
This Agreement, together with all Schedules, Exhibits, and
Statements of Work and any other documents incorporated herein by
reference, constitutes the sole and entire agreement of the parties
to this Agreement with respect to the subject matter contained
herein, and supersedes all prior and contemporaneous understandings
and agreements, both written and oral, with respect to such subject
matter. In the event of any conflict between the terms and
provisions of this Agreement and those of any Schedule, Exhibit or
Statement of Work, the following order of precedence shall govern:
(a) first, the applicable Statement of Work; (b) second, this
Agreement; and (c) third, any Exhibits and Schedules to this
Agreement.
-
Both parties agree that the Agreement is signed by a duly,
authorized company representative authorized to bind the company to
its terms and services and no consent from any third party is
required.
-
Choice of Law. This Agreement will be deemed to have been made in, and shall
be construed pursuant to the laws of the State of Delaware and the
United States without regard to conflicts of laws provisions
thereof. Any suit or proceeding arising out of or relating to this
Agreement shall be commenced in a federal or state court in
Delaware, and each party irrevocably submits to the jurisdiction and
venue of such courts.
-
Remedies. Company reserves all remedies available at Law or equity for
any disputes that arise under this Agreement. In the event of a suit
or proceeding under this Agreement, Client agrees to pay all
attorneys’ fees if the federal or state court renders judgment
substantially in Company’s favor.