Legal review of the Calder contract

Transcript

1. 00:00Priya RamanI have been through the Calder master agreement. The commercial terms are clean, but there is no delivery commitment anywhere in it.
2. 00:28Alex RiversWe are changing printer specifically for delivery. That seems like something we should write down.
3. 00:44Priya RamanThat is my position. I would not recommend signing without an on-shelf date commitment and a remedy if they miss it.
4. 01:16John MercerThey will resist a hard date. I can probably get a target with credits against the next run attached.
5. 01:38Priya RamanCredits are acceptable provided the measurement is ours, taken from our circulation data, not theirs.
6. 02:04Alex RiversAnd the Halstead side, where does the notice period leave us?
7. 02:20Priya RamanNinety days. If notice is not served by the thirtieth of September the agreement auto renews for twelve months.
8. 02:58John MercerThen the signature date is the constraint, not the changeover itself.