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Compliance Solutions for Websites, Apps and Organizations | iubenda

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A Free and Easy Influencer Contract Template for Your Business | iubenda
Carla Gonzalez Cidoncha · 2023-02-17 · via Compliance Solutions for Websites, Apps and Organizations | iubenda

Influencer marketing has become a powerful tool for brands looking to reach new audiences. To ensure that both the brand and the influencer are protected, it’s essential to have a written agreement in place. That’s what an influencer contract is for!

In this short article, we’ll go over the main components of a partnership agreement with influencers, and give you a free and easy influencer contract template for you and your business!

At a glance

  • What is an influencer contract?
  • Why do you need an influencer agreement?
  • Influencer contract: what it should include
  • Influencer Contract Template
influencer contract template

📌 What is an influencer contract?

When hiring an influencer to sponsor your brand, you are basically hiring a contractor. An influencer contract is simply a legal agreement between a brand and an influencer that outlines the terms of their partnership.

The contract specifies the responsibilities and expectations of each party and defines all the details related – among other – to economic conditions, payments and confidentiality.

The purpose of an influencer contract is to protect the interests of both the influencer and the brand, and to ensure that everyone is on the same page regarding their partnership.

Why do you need an influencer agreement?

In general, signing a formal contract is a good idea for partnerships of any kind. Things can go wrong and a contract can help protect the interests of both parties.

While some might view influencer marketing as an informal process, it’s important to recognize that the role of influencers has evolved into a professional one, governed by specific guidelines like the FTC Influencers Guidelines.

So – whether you’re the business hiring or the influencer – an influencer contract will help you clearly define the extent of your partnership, how long will it last, what is expected from both parties, and give clear details about compensation.

Luckily, our influencer contract template can help you with that!

Influencer contract: what it should include

There are a few key elements an influencer contract should include, in general:

  • Identification of Parties.
  • Description of Services.
  • Economic Conditions and Payment Terms.
  • Termination.
  • Confidentiality.
  • Intellectual Property Rights.
  • Indemnification or Limitation of Liability.
  • Applicable Law and Competent Court/Jurisdiction.

Let’s take a look at the most important clauses in more detail.

🔎 Identification of Parties

What it is: The names, addresses, and contact details of both the influencer and the brand.
Why it’s important: Clear identification helps establish the legal entities entering into the agreement. This sets the stage for a formal, binding contract and ensures that there’s no confusion about who the contract applies to.

✏️ Description of Services

What it is: Detailed description of the responsibilities of the influencer and the brand.
Why it’s important: The “Description of Services” section outlines what the influencer is expected to deliver and what the brand will provide in return. This may include the number of posts, types of content (video, blog, social media updates), engagement expectations, and any specific messaging or themes.

💵 Economic Conditions and Payment Terms

What it is: Information about how the influencer will be compensated.
Why it’s important: This section is crucial for transparency. It specifies how much the influencer will be paid, the payment schedule, invoicing procedures, and payment methods (e.g., wire transfer, PayPal). Clarity here can prevent misunderstandings and disputes later on.

❌ Termination

What it is: The duration of the agreement and conditions for early termination.
Why it’s important: Both parties should understand the conditions under which the contract can be terminated. This section outlines the notice period required for termination and may specify any penalties or conditions for early termination.

🚫 Confidentiality

What it is: Provisions to protect sensitive and confidential information shared between the parties.
Why it’s important: Both the influencer and the brand will likely share confidential information during their collaboration. This clause ensures that neither party can disclose or misuse this information for other purposes.

📚 Intellectual Property Rights

What it is: Outline of who owns what in terms of content and other intellectual property.
Why it’s important: This clarifies who owns the content created (usually the brand, but not always) and what permissions each party has regarding its use and distribution. Licensing issues should be made clear here to avoid legal complications.

📑 Indemnification or Limitation of Liability

What it is: Clauses that specify the responsibilities of each party should things go wrong.
Why it’s important: This helps protect both the brand and the influencer from potential financial or legal repercussions. For example, if the influencer says something false about the product they are promoting, who is liable? This section provides clarity.

⚖️ Applicable Law and Competent Court/Jurisdiction

What it is: Specifies which laws will govern the contract and where legal disputes will be resolved.
Why it’s important: In case of a legal dispute, it’s important to know upfront which jurisdiction’s laws will apply and where any legal proceedings will take place. This can significantly affect the nature and outcome of legal disputes.

These are the basic components, but the contract can also include additional elements depending on the specifics of the collaboration.

👋 Important tip for you: Check the influencer engagement rate before signing a contract!

Before signing an influencer agreement, it’s better to do some thorough research on the influencers you’ve picked to promote your brand. In particular, you may want to check the influencer engagement rate, that is the level of interaction and involvement that the audience has with the influencer’s content.

Sadly, there have been some cases when companies partnered with influencers with a huge audience on social media but saw little to no result, because they later found out that most of those followers were fake accounts.

There are many tools that can help you here. One of these is HypeAuditor, which offers a free Instagram Engagement Rate Calculator.

💡 You’re not sure how to pick the right influencer for your brand? Click here for more tips!

📌 Influencer Contract Template

Let’s see how these elements come together in an influencer contract template:

[Brand Name], with its principal place of business located at [insert address] (hereinafter referred to as “Brand”), and

[Influencer Name], with a mailing address of [insert address] (hereinafter referred to as “Influencer”).

AGREE AS FOLLOWS:

  • Purpose of Agreement. This agreement sets forth the terms and conditions under which Influencer shall provide marketing and promotional services to Brand, and Brand shall compensate Influencer for such services.
  • Description of Services. Influencer shall provide the following services to Brand: [insert description of services to be provided by Influencer].
  • Economic Conditions. In consideration of the services provided by Influencer, Brand shall compensate Influencer as follows: [insert compensation terms, such as a flat fee, commission, or combination of both].
  • Payment Terms. [Insert payment terms, such as payment schedule and invoicing procedures].
  • Termination. This agreement shall commence on [insert start date] and shall terminate on [insert end date]. Either party may terminate this agreement at any time upon written notice to the other party.
  • Confidentiality. Influencer agrees to keep confidential and not to disclose to any third party any confidential information of Brand. “Confidential Information” shall include, but not be limited to, all business, technical, financial, and customer information of Brand.
  • Intellectual Property Rights. All content created by Influencer in the course of providing services to Brand shall be the sole and exclusive property of Brand. Influencer agrees not to use such content for any other purpose.
  • Indemnification and Limitation of Liability. Influencer shall indemnify and hold harmless Brand and its officers, directors, employees, agents, and assigns from and against any and all claims, damages, liabilities, costs, and expenses, including reasonable attorney’s fees, arising from or relating to Influencer’s breach of this agreement or Influencer’s performance of its obligations hereunder.
  • Applicable Law and Competent Court/Jurisdiction. Any dispute arising from or relating to this agreement shall be resolved by arbitration in accordance with the rules of [applicable law].
Note

It’s important to remember that contracts can be complex, so it’s always best to seek legal advice when drafting yours! So, use this template as a starting point but consider hiring a legal expert to handle this matter at best.

💡

Influencer marketing is a hot topic right now, and authorities are trying to regulate it.

Did you know that the US Federal Trade Commission issued specific guidelines?

👉 You can check them here

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