¶¶Òõ¶ÌÊÓƵ

The Time Brokerage Agreement is a specialized contract used in Hong Kong's broadcasting industry when one party wishes to lease airtime from a licensed broadcasting station. This arrangement is common in situations where a broker wants to provide content or programming without holding their own broadcasting license. The agreement must comply with Hong Kong's Broadcasting Ordinance (Cap. 562) and related regulations, making it essential for both parties to clearly define their rights, obligations, and compliance responsibilities. The document typically includes detailed provisions about programming standards, technical requirements, payment terms, and regulatory compliance. It's particularly relevant in Hong Kong's dynamic media market, where broadcasting rights and airtime are valuable commodities subject to strict regulatory oversight.

1. Parties: Identification of the station owner and the broker, including full legal names and registered addresses

2. Background: Context of the agreement, including station details, licensing status, and purpose of the arrangement

3. Definitions: Definitions of key terms used throughout the agreement

4. Grant of Broadcasting Rights: Specific time slots and channels being brokered, along with any restrictions

5. Term and Termination: Duration of the agreement, renewal terms, and conditions for early termination

6. Payment Terms: Brokerage fees, payment schedule, and any revenue sharing arrangements

7. Programming Requirements: Content standards, compliance with broadcasting regulations, and program approval process

8. Regulatory Compliance: Obligations to comply with Hong Kong broadcasting laws and regulations

9. Advertising Standards: Requirements for advertising content and compliance with local advertising regulations

10. Technical Standards: Technical requirements for program delivery and broadcasting quality

11. Representations and Warranties: Standard warranties regarding licensing, authority to contract, and compliance

12. Liability and Indemnification: Allocation of risks and responsibilities between parties

13. Insurance: Required insurance coverage for both parties

14. Confidentiality: Protection of confidential information and trade secrets

15. Dispute Resolution: Process for resolving disputes under Hong Kong law

16. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law