Contract Termination Agreements – Guidelines and best practices for marketers when dealing with agencies
Q Do you have any contract-related information on the standard notice-of-termination period a client should give its agency?
A The termination period is negotiable. An initial contract period of one year, followed by a 90-day termination notice, was once standard. Today, however, many contracts are written with only a termination notice. The responsibilities of the agency during the termination period should be spelled out fully, particularly if the agency continues to receive a contracted monthly fee.
There may also be stipulations about termination or...