MEDIA PARTNERSHIP AGREEMENT

MEDIA PARTNERSHIP AGREEMENT

This Partnership Agreement  is made on __________________20___ Between EXPLOITCON and ____________________________.

1. TERM.

The partnership shall begin on ____________________, and shall continue until terminated as herein provided.

• SERVICE

The parties herein agree that ExplitCon shall provide the following services under this Agreement;

1. _____________________
2. _____________________
3. _____________________

• SHARE.

The party’s herein shall be own everything at 50:50, with both parties having equal rights to the production management and directing.

• PROFIT AND LOSS.

The partnership’s net profits shall be divided equally (50:50) between the partners, and the net losses shall be borne equally by them.

• SALARIES AND DRAWINGS.

Neither partner shall receive any salary for services rendered to the partnership. Each partner may, from time to time, withdraw the credit balance in their income account.

• MANAGEMENT DUTIES AND RESTRICTIONS.

The partners shall have equal rights in the management of the partnership production, and each partner shall devote their time to the partnership. Without the consent of the other partner, neither partner shall on behalf of the partnership make, deliver, or accept any commercial paper, or execute any contract to purchase or sell or contract to sell any property of the partnership.

• LIABILITY.

Each partner will be personally liable for all the debts and obligations that will be as a result of the services to be provided under this Agreement.

• BANKING.

All partnership funds shall be deposited in its name in such checking account or accounts as shall be designated by the partners. All withdrawals are to be made upon checks signed by either partner.

• TERMINATION.

Either party to this Agreement may elect to terminate the terms herein at any time for any reason.

1. DISPUTE RESOLUTION.

Any controversy or claim arising out of or relating to this Agreement, or the breach thereof, shall be settled by arbitration in accordance with the rules, then obtaining, of the American Arbitration Association, and judgment upon the award rendered may be entered in any court having jurisdiction thereof.

1. GOVERNING LAW.

This Agreement shall be construed, governed, interpreted, and applied according to the Laws of the State of Oregon.

1. WAIVER. 

The waiver by either party of the breach of any covenant or provision in this Agreement shall not operate or be construed as a waiver of any subsequent breach by either party.

1. SEVERABILITY. 

In the event a court of competent jurisdiction declares any term or provision of this Agreement to be invalid or unenforceable for any reason, this Agreement will remain in full force and effect, and either:

1. The invalid or unenforceable provision(s) will be modified to the minimum extent necessary to make such provision(s) valid and enforceable; or
2. If such a modification is not possible, this Agreement will be interpreted as if such invalid or unenforceable provision(s) were not a part of this Agreement.

1. AMENDMENT OF AGREEMENT.

This agreement cannot be amended without the written consent of all partners.

IN WITNESS WHEREOF, the partners hereunto set their signatures and acknowledged this Agreement as the date first above written.