VAN LIFE™ Social Media Monetization Agreement
Effective Date: 5/30/24
This Social Media Monetization Agreement (the "Agreement") is entered into as of the effective date, by and between Van Life Peers LLC ("Company") and any creators ("Creator"). This Agreement outlines the terms and conditions for creators collaborating with Van Life Peers or its operator(s) on creating original content specifically for social media platforms or content subscription services.
1. Introduction
Van Life Peers LLC is a technology, media, and telecommunications (TMT) company providing subscription-based non-fungible token (NFT) profile and/or marketplace services through the Van Life Peers platform (www.vanlifepeers.com). This Agreement governs the rights and obligations of the parties regarding the creation and monetization of original content for social media platforms and content subscription services.
2. Purpose
The purpose of this Agreement is to establish the terms under which creators collaborate with Van Life Peers or its operator(s) to create original content for social media platforms or content subscription services such as YouTube, Rumble, OnlyFans, and Patreon. This Agreement also details the sharing of proceeds generated from such content.
3. Definitions
3.1 Creator: Any individual or entity who collaborates with Van Life Peers or its operator(s) to create original content for social media platforms or content subscription services.
3.2 Content: Any original media created by the Creator(s) and Van Life Peers or its operator(s) for the purpose of being published on social media platforms or content subscription services.
3.3 Monetization: The process by which a social media platform or content subscription service approves and enables the generation of revenue from content posted on its platform.
4. Collaboration Terms
4.1 Content Creation: Creators will collaborate with Van Life Peers or its operator(s) to create original content for social media platforms or content subscription services.
4.2 Revenue Sharing: Any proceeds from the monetization of the content will be split evenly between all creators who participated in the creation of the content, with the total share for creators not exceeding fifty percent (50%) of the proceeds. Van Life Peers or its operator(s) will retain the remaining fifty percent (50%) of the proceeds.
4.3 Monetization Approval: The sharing of proceeds is contingent on the social media platform(s) or content subscription service(s) approving the monetization of the account and/or content of Van Life Peers or its operator(s). If monetization is not approved, no proceeds will be shared.
5. Responsibilities of the Parties
5.1 Creator Responsibilities:
- Collaborate in good faith with Van Life Peers or its operator(s) to create high-quality content.
- Ensure that the content complies with the terms and conditions of the respective social media platform(s) or content subscription service(s).
- Provide necessary information and documents to facilitate monetization approval.
5.2 Van Life Peers Responsibilities:
- Manage the publication and distribution of the content on social media platforms or content subscription services.
- Handle the application process for monetization of the content.
- Distribute proceeds to creator(s) as specified in this Agreement.
6. Payment Terms
6.1 Payment Schedule: Payment(s) to creator(s) will be made within thirty (30) days of receipt of proceeds from the respective social media platform(s) or content subscription service(s).
6.2 Payment Method: Payment(s) will be made via Zelle, Cash App, wire transfer, or bank transfer, as agreed upon by the parties.
7. Term and Termination
7.1 Term: This Agreement will commence on the date first written above and will continue in effect until terminated by either party in accordance with the terms herein.
7.2 Termination: Either party may terminate this Agreement upon thirty (30) days written notice to the other party. Termination of this Agreement will not affect any rights or obligations that have accrued prior to the termination date.
8. Intellectual Property
8.1 Ownership: All content created under this Agreement will be owned one-hundred percent (100%) by Van Life Peers or its operator(s). However, Van Life Peers or its operator(s) grants the creator(s) a non-exclusive, worldwide, royalty-free license to use, reproduce, and distribute the content for non-commercial purposes for a period not to exceed the lifetime of the creator(s).
8.2 Use of Content: Van Life Peers or its operator(s) retains the right to use the content for commercial purposes and promotional purposes in perpetuity.
9. Confidentiality
Both parties agree to keep confidential all proprietary information disclosed during the term of this Agreement. This obligation will survive the termination of this Agreement.
10. Miscellaneous
10.1 Governing Law: This Agreement will be governed by and construed in accordance with the laws of the State of New Jersey.
10.2 Entire Agreement: This Agreement constitutes the entire agreement between the parties regarding the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral.
10.3 Amendments: Any amendment or modification to this Agreement must be in writing and signed by all parties involved.
10.4 Severability: If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions will continue in full force and effect.
10.5 Notices: Any notices required or permitted under this Agreement will be in writing and will be deemed given when delivered in person, sent by email, or mailed by certified mail, return receipt requested, to the addresses specified below.
**Contact Information**
Van Life Peers LLC
Email: vanlifepeers@gmail.com
By reading this agreement, both parties acknowledge that they have read, understood, and agreed to the terms and conditions of this Agreement.