PUPPETMAN PRODUCTIONS

TERMS OF BUSINESS

1.   These Terms of Business replace all terms and conditions and documentation previously published by Puppetman Productions Ltd, hereinafter called 'The Company. No variation of these Terms of Business is valid or shall be binding on the Company unless previously confirmed in writing by a Partner of the Company.

2.   The Company undertakes animation, graphics, digital effects and a variety of film, video and multi media services; hereafter referred to as assignments or multi-media assignments. When the Client confirms an assignment, either verbally or in writing it is deemed to have accepted these Terms of Business.

3.   The Company charges fees for multi media assignments; such fees do not include expenses incurred by the Company in connection with tape stock, other media and courier/delivery charges.

4.   The Company's fees become payable after the Client has accepted delivery of the assignment. Assignments exceeding £10000 may require part payment or payments in advance of completion/delivery.

5.   If the Client terminates or suspends an assignment which it has been previously confirmed, the Client becomes liable for fees and expenses incurred up to and including the date of cancellation.

6.   All invoices for fees and charges are payable within twenty one days of their date of invoice. VAT is payable on all fees, charges and costs at the prevailing rate. The Company reserves the right to charge interest at 4% over the base rate at the National Westminster Bank Plc. from time to time or 15% per annum whichever is the higher on all overdue invoices.

7.   If a Client suspends an assignment previously agreed with the Company, the Company is prepared to restart the assignment again under the same terms and conditions, provided our fees have been paid, there are no alterations to the original specification, and that the restart is within six months of the original date of the commencement of the assignment.

8.   If the Client does not approve or amend a submitted assignment, completed or in part, within a reasonable period, The Company reserves the right to invoice for fees and expenses incurred.

9.   If the Client or any employee of the client or any subsidiary or associated company or individual of the Client alters the original assignment specification; the company reserves the right to adjust the fee accordingly. Any deviations from the original assignment specification, deemed by the Company to have cost implications, will be agreed in advance and documented.

10.   All information provided by the Client either verbally or in writing is accepted by the Company in good faith. Reasonable measures are taken to ensure the accuracy of such information but The Company can accept no liability whatsoever for any loss or damage resulting from it.

11.   The Client accepts full responsibility for all copyright clearance, where necessary, unless otherwise stated in writing by a partner of the company.

12.   Reasonable measures are taken to ensure that all assignments produced by The Company are not damaging in any way. However, the Company can accept no liability whatsoever for any loss or damage or expense suffered or incurred by the Client, its staff or property arising from or in any way connected with any assignment for the Client.

13.   The Company undertakes to respect the confidential nature of all information supplied by the Client.

14.   The Client undertakes to notify The Company without delay of any circumstances, which may materially affect an assignment - any costs associated with such a delay will be charged to the Client.

15.   The Company reserves the right to restrict assignments when there is a conflict of interest. Any such conflict will be highlighted at the project proposal stage of an assignment, if possible.

16.   All assignment components remain the property of The Company, unless otherwise agreed in writing by a partner of The Company.

17.   The Client undertakes to respect the confidential nature of all information about an assignment given to it by the Company.

18.   The provision of any service by the Company, other than that of a multi-media assignment, shall not affect the liability of the Client to pay such fees and charges as shall have been incurred under these Terms of Business.

19.   The Company will accept no liability whatsoever for any loss, damage or expense suffered or incurred by the Client, its staff or property arising from any action or inaction of The Company or its employees or sub contractors.

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