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Management agency locks you in for years? Ask for a shorter term, performance-based exit and carve-out for deals you source. Sample clause.
Agency shall be Creator's exclusive manager for 5 years and automatically renews for 5 more.
Long lock-ins with auto-renewal can trap you if the agency underperforms. Ask for 1 to 2 years, a performance exit if it does not bring a set number of deals and a carve-out for deals you source yourself. This is general information, not legal advice.
Term is 12 months. Either party may terminate with 30 days notice if Agency does not secure at least [NUMBER] paid deals in any 6-month period. Deals sourced by Creator are excluded from exclusivity.
Hi [Agency],
Could the term be 12 months with a performance exit and a carve-out for deals I source directly? Thanks, [Your Name]
It appears in some contracts. Ask to remove it or require notice.
Negotiate a carve-out, or lower commission for them.
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