Common use of Framework Contracts Clause in Contracts

Framework Contracts. Without prejudice to contracts concluded in accordance with article I. of these GTC, Media RTVS offers a possibility to conclude so-called framework contracts with their Advertisers. The framework contracts govern conditions of cooperation and mutual rights and obligations of the contracting parties during the period agreed therein. The content of mutual rights and obligations, or any agreed contractual terms and conditions may only be changed by written amendments signed by both contracting parties. Framework contracts are implemented through other specific cooperation contracts and amendments to framework contracts (concluded under these GTC), which are concluded based on written orders by the Advertiser. In the framework contracts the Advertiser guarantees the minimum amount of investments which it undertakes to invest through Media RTVS. Such amount is stated as the campaign net value, i.e. the sum after deducting all discounts and before allowing for the agency discounts, early payment discount and VAT. If the Advertiser is an agency, the amount of the minimum investment must be stated separately for each specific client. Minimum guaranteed investments by individual clients are subject to amendments of the framework contract concluded pursuant to this Article. The minimum guaranteed investment by the Advertiser may be subject to a bulk discount or to other price or non-price benefits which are subject to a mutual agreement. The number and total amount of such discounts or benefits depends on the net guaranteed investment of the Advertiser, while in case of agencies the discounts will be specified separately for each represented client, according to their minimum guaranteed investments. The Advertiser shall not be entitled to any discount or benefit automatically, it all depends exclusively on decision by Media RTVS. At its discretion, Media RTVS can agree with a combination of several discounts, including bulk discount resulting from the framework contract, with other contracts.