2. Promotion. The Artist shall provide the Agent with such samples of work as are from time to time necessary for the purpose of securing assignments. These samples shall remain the property of the Artist and be returned within thirty (30) days of termination of this Agreement. The agent shall take reasonable efforts to protect the work from loss or damage, but shall be liable for such loss or damage only if caused by the Agent’s negligence. Promotional expenses, including but not limited to promotional mailings and paid advertising, shall be paid ________ percent by the Agent and ________ percent by the Artist. The Agent shall bear the Expense of shipping, insurance and similar marketing expenses.
3. Term. This agreement shall take effect on the ________ day of _______________ (Month), _____ (Year), and remain in full force and effect for a term of one year, unless terminated as provided in paragraph 9.
4. Commissions. The Agent shall be entitled to the following commissions; (A) On assignments secured by the Agent during the term of this agreement, _______ (% Amount) percent of the billing. (B) On house accounts, __________ percent of the billing. For the purposes of this agreement, house accounts are defined as accounts obtained by the Artist at any time or obtained by another agent representing the Artist prior to the commencement of this Agreement and listed in schedule (A) attached to this Agreement. It is understood by both parties that no commission shall be paid on assignments rejected by the Artist or for which the Artist fails to receive payments, regardless of the reason payment is not made. Further , no commission shall be payable in either (A) or (B) above for any part of the billing that is due to expenses incurred by the Artist in performing the assignment, whether or not such expenses are reimbursed by the client. In the event that a flat fee is paid by the client it shall be reduced by the amount of expenses incurred by the Artist in performing the assignment, and the Agent’s commission shall be payable only on the fee as reduced for expenses.
5. Billing. The ______ Artist _____ Agent shall be responsible for all billings.