MILLION DOLLAR IDEAS LIMITED (MDI)
Terms and Conditions
Welcome to Million Dollar Ideas Limited Agreement!
Million Dollar Ideas Limited is a music Consultant Management Agency that
aids to shape upcoming and fast arising artiste(s) brands both in Nigeria
and aboard. MDI is a registered company with Corporate Affairs
Commission under the Laws of the Federal Republic of Nigeria. As a
company, we specialize in 7 (seven) areas of brand management which is
crucial to an artiste growth in the industry, which are:
✓ Artiste Development,
✓ Brand consultancy,
✓ Media Promotions (audio),
✓ Media Promotions (visual),
✓ Media Promotions Online),
✓ Social media Branding,
✓ Digital Marketing and
✓ Music Promotions.
This terms and conditions when read, understood and accepted by you
(either as an individual or an authorized representative for an artiste or
band, group or corporation) and us shall be a binding contract. Endeavour
to read this agreement prudently.
Definitions:
In these terms and conditions, the following definitions are applicable:
“Client” means organization or company with whom the contract is entered
into;
“Company” means Million Dollar Ideas Limited;
“Questionnaire” means a form which lists out the services rendered, for the
potential client to specify which gives a clearer picture of what the client
wants;
Terms and conditions as follows:
1. Agreement
1.1 All Consultations on online platforms such as Phone calls, text
messages (SMS), Instagram, Twitter, Skype by the company is
FREE of charge. Whereas, Physical Consultations are not FREE
but rate based on logistics by the company’s discretion.
1.2 Compulsory Payment of Non- refundable consultation fee by
client(s) who intends to go ahead with the contract.
1.3 These terms and conditions shall administrate provisions of all
services from or on behalf of the company to the client.
1.4 The client(s) shall fill a Questionnaire form fully stating the
exact type of service required with accuracy, then be given a
fee list of the service requested with the amount charged and
an invoice.
2. Sub-contractors
2.1 The company shall be entitled to involve sub-contractors or
availing of specific expertise for the sole aim of the
performance of the project. Solely based on request by the
client(s), the company shall identify theses sub-contractors and
their specific expertise.
2.2 Client(s) shall have the opportunity to bring sub-contractors on
the project but must be subjected to the company mandatory
Discretion.
2.3 Every third parties or sub-contractors recommended by the
client(s), and whereby accepted by the company shall enter
into a confidentiality obligation (Non disclose agreement).
2.4 The company shall perform as an independent contractor and
shall not be the servant to the client(s) and is open to
suggestions by client(s).
3. Clients Obligation, Fees, Expenses and Default fee.
3.1 Client(s) shall make available at all times to the company, all
information and relevant documents that the company deems
necessary to be able to carry out the project properly and
adequately.
3.2 Client(s) shall also inform the company of any facts and
circumstances with due correctness, completeness and reliability
without any hiding or withholding any information related to the
execution of the project.
3.3 The client(s) shall be given the fees list at which each rate is
specific based on the type of service to rendered and obligatory to
pay. Otherwise agreed between client(s) and company, payment is to
be made within a stipulated period, of fourteen (14) working days of
receipt of an invoice. Where payment is defaulted, it is deemed that
the client is no longer interested and void but if the client is still
interested, will pay another non-negotiable consultation fee to start
the process all over again.
3.4 Payment of Value Added Tax, where applicable, shall be shown
separately on all invoices.
3.5 whereby client(s) unanimously default in payment within the
specified period of time will amount to the end of the contract but
where such client(s) wants to go ahead with such contract will
amount to the payment of default fee (30%) of the total fee charged
before any commencement will occur.
4. Intellectual Property
4.1 The company will open an independent file on each
client(s)project.
4.2 All results generated from the project including; material,
documents, reports shall become the property of the client(s).
4.3 At the end of each client(s) project, the company still in the
possession of all relevant reports belonging to client(s) after a
period of 90 working days be destroyed, when the clients do
not request for it.
5. LEGAL REQUIREMENTS
5.1 The company shall carry out all obligations under the contrary
in a manner that conforms to relevant legal requirements
© 2020 – 2024, MillionDollar Ideas Ltd. All rights reserved.
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