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Sample billboard agreement.doc
Authorization: The Undersigned, , (hereinafter called the “ADVERTISER”) does hereby contract with and
authorizes S.H. Tevis and Son of Westminster, MD (hereinafter called the “COMPANY”) to maintain the
following:
Location of Display
Advertising
Period
Monthly / Total Advertising Fee
Start
End
Renewal
$ per month
$ installation
$ total
Design and printing of billboard
artwork is at Advertiser’s cost.
1. DISPLAY PERIOD:
Advertiser understands that the above display panel has been reserved for their exclusive use. Each display
panel will be maintained for a period of months starting on (“COMMENCEMENT DATE”) and
ending (“END DATE”).
2. ADVERTISING FEES: The Advertiser agrees to pay the sum of $ in equal monthly payments of
$ . This fee does not include design, printing, nor installation of the Advertisers billboard artwork.
a. A non-refundable deposit of $ (“INITIAL DEPOSIT”) is required to reserve the aforementioned
display panel, and is due at the signing of this contract. This deposit will be applied to the month’s
advertising fee. All other payments are due each advertising month, as invoiced.
b. Applicable production and installation fees will be invoiced to Advertiser by Company, and are due upon
receipt of invoice.
c. Advertiser agrees to allow Company to run a credit check to determine Advertiser’s credit-worthiness.
Should Advertiser not meet Company’s minimum credit criteria:
i. Company may request a larger deposit, not to exceed the Total Advertising Fee of $
(“REVISED DEPOSIT”).
ii. Advertiser may:
1. Remit revised deposit amount within 15 business days of insufficient credit notification.
(See 2.b.i. above.)
2. Terminate this contract upon notification of insufficient credit, in which case the Advertiser’s
initial
deposit will be refunded within 10 business days. (Contract termination due to insufficient
credit is the only circumstance under which the initial deposit will be refunded to the
Advertiser.)
d. In the event the Advertiser fails to pay any amounts due within 30 days from date of invoice, a finance
charge of 1.5% per month (being an annual percentage rate of 18%) will be applied until payment is made.
e. If after forty-five (45) days, sums due under this contract are not paid,
i. The Company reserves the right to discontinue rights under this contract, and resell the contracted
display panel(s).
ii. The Advertiser remains responsible for the above contracted advertising fees until another
advertiser enters into an advertising contract for the advertising display panel(s) identified above.
Outdoor Advertising Agreement
82 John Street
Westminster, MD 21158
410-876-6800
1-866-TEVIS-OIL
www.tevisoil.com