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16 <br /> clean ............................................................................................................. <br /> 4. Approval and Estimates for Work Performed <br /> The Agency will submit all advertising plans and campaigns, copy, layouts, artwork, storyboards, <br /> scripts, and media schedules to the Client for approval, along with written estimates when <br /> requested. All outside costs such as photography, illustrations, printing, video production, etc., <br /> will be separately estimated and approved by the Client. No advertising or outside services will <br /> be contracted for the Client unless the services have been previously authorized by the Client. <br /> The Client may request changes or cancellations, or stop any work in progress, provided such <br /> requests are within the Agency's contractual obligations. Where changes or cancellations are <br /> requested on previously approved work, the Client will reimburse the Agency for any charges or <br /> expenses not covered. <br /> 5. Compensation and Payment Terms <br /> The Agency will pay a monthly fee as determined in Exhibit A, which will be reviewed after each <br /> contract year. Invoices are submitted at the beginning of each month and are due in net 30 <br /> days. <br /> In addition to the monthly fee, the Agency will separately bill the Client each month for that <br /> month's media placements. The media invoices will include a 15% commission. These invoices <br /> are due net 30 days so that media obligations are met as incurred. Interest at prevailing rates <br /> will be charged on accounts past due 30 days. <br /> 6. Ownership, Custody, and Control of Property <br /> The Client will own all rights to all versions of advertising projects that have been invoiced and <br /> paid for. This includes camera-ready output, negative film, reels, and press plates, where <br /> applicable. Electronic files of Client projects are also owned by the Client but will remain in the <br /> Agency's custody for the contract period. <br /> 7. Confidentiality <br /> The Agency shall maintain the confidentiality of all information designated by the Client as <br /> being secret or confidential. <br /> 8. Liability <br /> Indemnification: <br /> We agree to exercise our best judgement in the preparation and placement of all <br /> advertising and publicity for the Client, with a view to avoiding claims, suits, or <br /> proceedings being made or instituted against the Client or the Agency. It is mutually <br /> agreed, however, that to the extent allowed by applicable law, the Client will indemnify <br />