Connecticut Online Advertising Agreement for Website Hosted Ads is a legal contract established between an online advertiser and a website owner based in Connecticut, outlining the terms and conditions for displaying advertisements on the website. This agreement ensures transparency and clarity regarding revenue sharing, ad specifications, intellectual property rights, and dispute resolution. The purpose of the Connecticut Online Advertising Agreement for Website Hosted Ads is to establish a mutually beneficial relationship between the advertiser and the website owner, aiming to reach a targeted audience and generate revenue through the display of ads. This agreement serves as a foundation to protect the rights and interests of both parties involved. Key elements covered in the Connecticut Online Advertising Agreement for Website Hosted Ads may include: 1. Parties: Clearly identifies the advertiser and the website owner, including their legal names and contact information. 2. Term and Renewal: Defines the duration of the agreement and whether there are provisions for renewal. 3. Ad Placement and Revenue Sharing: Specifies the placement of ads on the website, whether its banner ads, pop-ups, or other formats. It also outlines the revenue sharing model, stating the percentage or other factors governing the distribution of advertising revenue. 4. Ad Specifications: Provides detailed information regarding the size, format, and content requirements for the ads. This ensures compliance with industry standards and maintains the quality of the website. 5. Payment Terms: States the payment schedule, methods, and any additional fees or charges associated with the advertising services provided. This section also clarifies how payments will be calculated, reported, and distributed. 6. Intellectual Property: Outlines the ownership and usage rights of the ads, including copyrighted materials, trademarks, and logos. It may include provisions for obtaining necessary licenses or permissions. 7. Termination Clause: Defines the conditions under which either party can terminate the agreement with or without cause. It may include notice periods and obligations, such as removing ads from the website upon termination. 8. Confidentiality and Non-Disclosure: Protects the confidentiality of any sensitive information exchanged between the parties during the course of the agreement. 9. Dispute Resolution: Provides a procedure for resolving any conflicts or disputes that may arise during the collaboration. It may include mediation, arbitration, or legal action as a last resort. Different types of Online Advertising Agreements for Website Hosted Ads in Connecticut may include variations in revenue sharing models, ad formats, and specific terms pertaining to the industry or niche within which the website operates. It is important for the parties involved to carefully review and negotiate the terms of the agreement to ensure a fair and beneficial collaboration.