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DocuSign Envelope ID: D9F8096F-FD8F-4DEF-97BC-32AEDC1721 F9 <br /> Exhibit 1 <br /> GROWLER VISUAL MEDIA, LLC PH: (919) 451.3186 <br /> 1300 KENT ST GROWLERPRODUCTIONS.COM <br /> DURHAM, NC 27707 <br /> GROWLER <br /> VVNAUS <br /> Terms. The parties in this contract are <br /> CONTRACT Growler Visual Media, LLC, hereafter <br /> referred to as GVM, and Chapel Hill/Orange <br /> County Visitors Bureau, hereafter referred to <br /> as CHOCVB. <br /> 1) -r,DF rzF PRr1IFrT The scope of this project is derived directly from the terms and <br /> description put forth in the Proposal, included below in Appendix A, mutually and <br /> verbally agreed to by GVM and representatives of CHOCVB. Project fee is based upon <br /> accepted Proposal. Project Completion is determined by final agreement from <br /> designated representative of CHOCVB. Delivery of final video will be made with files in <br /> both uncompressed and web-ready formats. Billing will reflect actual time invested. <br /> 2) 'FVISIONc' One revision is included in the project fee. A fee based on GVM's rate <br /> of$90 per hour (and related rates, detailed in Appendix A) will be charged for <br /> additional changes, as well as for revisions reflecting a new direction to the assignment, <br /> or new conceptual input past the first round of drafts. <br /> 3) :ANCELLATION AND KILL FEE' Cancellation ("kill") fees are due based on the amount <br /> of work completed. Fifty percent (50%) of the final fee is due within 30 days of <br /> notification that for any reason the job is canceled or postponed before the final stage. <br /> One hundred percent (100%) of the total fee is due despite cancellation or <br /> postponement of the job if the project has been completed. Upon cancellation or kill all <br /> rights to the video revert to GVM. <br /> 4) _KEDITS AND COPIE. A credit line suitable to the design of the web site and style <br /> guide of OUSF and its clients will be used. These details will be provided by CHOCVB. <br /> Use of footage will be mutually shared by both entities. In the event that a third party <br /> wishes to use the video footage, GVM and CHOCVB will both be required to consent and <br /> agree. <br /> 5) 50% of the total fee is due one month from start of work(on receipt of <br /> deposit invoice). Remaining payment for finished work is due upon acceptance of <br /> completed work. CHOCVB's right to use the work is conditioned upon receipt of <br /> payment within 30 days of acceptance, and upon CHOCVB's compliance with the terms <br /> of this agreement. <br /> 6) 'ERMISSIONS AND RELEASES CHOCVB agrees to indemnify and hold GVM harmless <br /> against any and all claims, costs, and expenses, including attorney's fees, due to <br /> materials included in the Work at the request of CHOCVB for which no copyright <br /> permission or privacy release was requested, or for which uses exceed the uses allowed <br /> pursuant to a permission or release. <br />