Memorandum of Agreement: Witnesseth
Memorandum of Agreement: Witnesseth
Memorandum of Agreement: Witnesseth
This agreement is between ____ (state the name of the Artist) and OAK
Philippines, made this ___ day of _________, 2018.
___ NAME OF ARTIST __, Filipino, of legal age, with residence address
at _____________________________________, herein referred to as
“FIRST PARTY”.
and
WITNESSETH:
WHEREAS, the FIRST PARTY agree that a portion of the sale of the artwork
shall be given to the SECOND PARTY, OAK Phil. and charity partner, SMILE TRAIN
PHIL.
1. The SECOND PARTY shall have the right to use all the artworks of the
FIRST PARTY, exhibited at the Solaire Entertainment City, 1 Aseana
Ave, Parañaque, Metro Manila. The artworks shall include, but not limited
to: (a) photo, (b) videos, and (c) documentation relative to the said
artworks of the said FIRST PARTY.
4. The FIRST PARTY shall deliver and pick up the artworks at specific time
as per advised of the SECOND PARTY, during the ingress and egress.
5. The FIRST PARTY cannot sell his/her artworks without giving the share of
the SECOND PARTY AND THE CHARITY PARTNER, SMILE TRAIN
PHIL.
6. The SECOND PARTY shall not be liable for any damages of whatever
kind which occurred when the said artworks is transported to the venue of
the exhibits and during the duration of the exhibit.
7. All the necessary expenses for the exhibit including the cost of the
transportation of the said artworks shall be for the account of the FIRST
PARTY.
9. The FIRST PARTY shall post about the SECOND PARTY, OAK and the
ARTWORK at least once a week during the duration of the exhibit and
even after the duration of the same.
10. The facts and circumstances disclosed during the conferences and
meetings by herein parties shall be confidential to the said parties. As
such, the FIRST PARTY and the SECOND PARTY shall not disclose in
any manner, the said facts and circumstances to any third person.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures this
_______________________ in _____________ .
_____________________________ _________________________
First Party Second Party
WITNESSES:
________________________ _________________________
ACKNOWLEDGEMENT
_______________________ _________________________
_______________________ _________________________
This Memorandum of Agreement consists of three (3) pages including this page
whereon this Acknowledgement is written, signed by the parties and their instrumental
witnesses on each and every page thereof and sealed with my notarial seal.
NOTARY PUBLIC
Doc. No. _____}
Page No. _____}
Book No. _____}
Series of 2018