Time Brokerage Agreement Template for Indonesia

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Key Requirements PROMPT example:

Time Brokerage Agreement

"I need a Time Brokerage Agreement for an Indonesian radio station in Jakarta, where we'll allow a third-party broker to manage 70% of our daily broadcasting time for entertainment programming starting March 2025, with special emphasis on local content compliance and revenue sharing arrangements."

Document background
The Time Brokerage Agreement is a crucial document in the Indonesian broadcasting industry, used when a licensed broadcasting station wishes to delegate certain broadcasting hours to a third-party broker while maintaining compliance with Indonesian broadcasting regulations. This arrangement allows for efficient utilization of broadcasting resources while ensuring regulatory compliance under Law No. 32 of 2002 and related regulations. The agreement covers essential aspects such as programming rights, advertising sales, revenue sharing, technical standards, and regulatory compliance requirements. It's particularly important in situations where station owners seek to optimize their broadcasting operations while retaining ultimate control as required by Indonesian law. The document must carefully balance commercial interests with regulatory requirements, including foreign ownership restrictions and local content obligations.
Suggested Sections

1. Parties: Identification of the station owner/licensee and the broker

2. Background: Context of the agreement and brief description of the parties' business activities

3. Definitions: Key terms used throughout the agreement including Broadcasting Time, Station, Programs, Revenue, etc.

4. Grant of Broadcast Rights: Scope of broadcasting rights granted to the broker and any restrictions

5. Term and Renewal: Duration of the agreement and conditions for renewal

6. Programming Requirements: Content standards, compliance with Indonesian broadcasting regulations, and programming responsibilities

7. Advertising and Revenue: Rights and obligations regarding advertising sales, revenue sharing, and payment terms

8. Regulatory Compliance: Compliance with Indonesian broadcasting laws and regulations

9. Operating Standards: Technical and quality standards for broadcasting

10. Station Control and Personnel: Retention of ultimate control by licensee and staff management

11. Representations and Warranties: Standard warranties regarding authority, licenses, and compliance

12. Termination: Grounds for termination and post-termination procedures

13. Liability and Indemnification: Allocation of risks and indemnification obligations

14. General Provisions: Standard clauses including notices, amendments, governing law, etc.

Optional Sections

1. Emergency Access: Provisions for station owner to take control during emergencies - include if required by local regulations

2. Public Interest Programming: Special provisions for public interest content - include if station has specific public service obligations

3. Network Affiliation: Terms related to existing network agreements - include if station has network affiliations

4. Technical Maintenance: Responsibilities for equipment maintenance - include if broker will have technical responsibilities

5. Security Deposit: Terms for security deposit - include if financial security is required

6. Non-Competition: Restrictions on competing activities - include based on market conditions

Suggested Schedules

1. Schedule 1 - Broadcasting Schedule: Detailed breakdown of time slots and programming schedule

2. Schedule 2 - Fee Structure: Detailed breakdown of fees, revenue sharing, and payment terms

3. Schedule 3 - Technical Specifications: Technical requirements and broadcasting parameters

4. Schedule 4 - Compliance Requirements: Specific Indonesian broadcasting regulations and compliance requirements

5. Schedule 5 - Existing Contracts: List of existing contracts affecting the broadcast time

6. Appendix A - Required Reports: Templates and formats for required operational and financial reports

7. Appendix B - Emergency Procedures: Procedures for emergency situations and station owner access

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Media and Broadcasting

Entertainment

Advertising

Telecommunications

Digital Media

Radio Broadcasting

Television Broadcasting

Content Production

Media Distribution

Relevant Teams

Legal

Compliance

Broadcasting Operations

Programming

Sales and Marketing

Technical Operations

Content Management

Regulatory Affairs

Finance

Business Development

Relevant Roles

Broadcasting Station Manager

Media Director

Legal Counsel

Compliance Officer

Programming Director

Sales Director

Technical Operations Manager

Content Manager

Advertising Manager

Business Development Manager

Regulatory Affairs Manager

Station Owner

General Manager

Chief Operating Officer

Chief Financial Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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