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LESSONS FROM
THE COAL FACE


  mUmbrella & TCOʼs
 Social Media Academy
#mUmTCO
ALL THE LEARNINGS...

                                                    EARNED             OWNED
         SOCIAL INSIGHTS
          & BEHAVIOURS                                                                       FILM / AV
                                                         PAID            SHARED



    ENVIRONMENTAL ANALYSIS                               CONNECTION
                                CREATE (LEAD)       Channel, role, message & call-to-   DIGITAL INTERACTIVE
    COMPETITORS / AUDIENCE                                       action


BUSINESS /
MARKETING         Strategy       Ideas                      Planning                       Execution
OBJECTIVES

     BRAND ESSENCE / TOOLS /   AMPLIFY (PARTNER)      ASSET/CONTENT                           DESIGN
       ASSETS / EXPERIENCE                               Creative Development



    TCO PROPRIETARY TOOLS /                        BROADCAST        EXPERIENCE
                                                                                           TYPOGRAPHY
          EXPERIENCE
                                                             DIGITAL




                                  MEASUREMENTS & INSIGHTS
TONIGHT

- 9 Speedy Recap Points
- The Social Media Landscape
- The lessonʼs that we have learned along the way
- 5x5 principles for helping you get the most out of social
- Ask us anything


                                                              Socialrati.com
SOCIAL MEDIA ERA

  ENABLED AN ACCELERATED RATE & MEANS OF
                 CONNECTING
          (to people & organisations)


      #1
  int
Po
Know your value

             Satisfy your audienceʼs need to...
                          be informed
                         be entertained
                          be educated
                           be inspired
                         to feel valued!
           right place, right time, in the best way

      #2
  int
Po
Value Exchange



                                      SOCIAL CURRENCY



                                                 Information
                                                                                                                                                  ?
                                                 Inspiration
                                                 Education
                                                 Entertainment


                                                                                                     Engage
                                                                                                                      OR Engage & Share

                                           SATISFY A SOCIAL NEED


                                                                                 ADMIRED
                                                                                 RESPECTED
                                                                                 CONNECTED

      #3                                                                         ACCEPTED

  int
                                                                                                                                                             http://www.psychologytoday.com/blog/communication-central/200909/the-theory-social-validation



Po
This digital file / document contains confidential information and has been prepared for discussion purposes only.  TCO Pty. Ltd. claims ‘commercial in confidence’ with respect to the contents. Please refer to our standard terms at the end of this document.
Create - SOCIAL IDEAS


 “a novel concept that enables a unique, participative
    form of interaction between 2 or more people.”
  ...AND THAT GENERATES A FAVOURABLE OUTCOME/IMPRESSION


      #4
  int
Po                                        http://www.markpollard.net/how-to-make-social-ideas/
10 SOCIAL IDEA
         THOUGHT STARTERS
                                                                                                                                   http://www.thejohnnycashproject.com/
http://www.youtube.com/watch?v=_Ymkoh-vKzM



                                                                                                                                     Collaboration/
    Fake vs. Real                                    Movements                           Cause         Polarising
                                                                                                                                     Crowd-source




   Customisable/                                                                                                                   Social Tensions/
                                                       Challenge                         Gamify             Meme
   Personalised                                                                                                                        Rivalry


                                                      Coke Zero In Challenge



      #5
  int                                        http://www.youtube.com/watch?v=HfiClmaKcF4


Po
                                                                                                  http://knowyourmeme.com/memes/
What, Where, Why?

                                       Content Plan
                                             CONTENT STRATEGY



                         AV                IMAGE          TEXT     MICRO-TEXT




          AV        AV                         AV          AV     AV
         IMAGE                                IMAGE      IMAGE   IMAGE          IMAGE   IMAGE
         TEXT                                 TEXT        TEXT   TEXT           TEXT    TEXT
       MICRO-TEXT             MICRO-TEXT



         #6         Role - Message - Call-to-Action
    oint
P
“How WOM Advertising Works” Nov-Dec 1966


 Product [Service]                                                                                      Self Involvement
 Involvement                                                                                                        25%
                                                                                       Sharing knowledge or opinions is
 34%                                                                                      a way to gain attention, show
 The experience is so novel                                                                  connoisseurship, feel like a
 and pleasurable that it must be                                                       pioneer, have inside information,
 shared.                                                                                seek confirmation of a person's
                                                                                                own judgment, or assert
                                                                                                             superiority.

 The person wants to reach out The message is so entertaining
 and help to express           or informative that it person is
 neighbourliness, caring and   compelled to share.
 friendship.

 20.5%                                                                                                                       20.5%
 Cause [other]                                                                                                            Message
 Involvement
        7                                                                                                              Involvement
       t#                                                                                                                                                                                                             Ernst Dichter
P   oin                                                                                                                                                                          http://www.ignitesocialmedia.com/social-media-promotion/why-people-share-content/
This digital file / document contains confidential information and has been prepared for discussion purposes only.  TCO Pty. Ltd. claims ‘commercial in confidence’ with respect to the contents. Please refer to our standard terms at the end of this document.
Look to exhaust the FINITE value in your Activity/Assets

         MEDIA
                                         EARNED                                    OWNED                                         SHARED                                                          PAID



                                  OPTIMISED IN THE 1ST 24HRS TO 1ST WEEK                                                                                                                                       Traditional
                                                                                                                                                                         Paid Editorial                        Media
                                                                                                                           Partners


                                                                           Brand Channels
                                   Influencers                                                                              Ambassadors
                                                                          Website                                                                                      Incentivised views                    TV
      ASSETS                           Bloggers                                                                             Retail                                     Entertainment Portals                 Ad Placements
       &/OR                            Editors                            Portfolio of Social Networks                      Assets/Sponsorships                        Social Bookmarking power
                                                                          Database                                                                                                                           Search
      ACTIVITY                                                                                                              Media Partnerships                         Brokers                               PPC
                                                                                                                                                                       Influencer Network




      #8                                     HIGH                                                                                                                                                                           LOW

  int
                                                                                                  VALUE/EXCLUSIVITY OF ASSET / ACTIVITY


Po
This digital file / document contains confidential information and has been prepared for discussion purposes only.  TCO Pty. Ltd. claims ‘commercial in confidence’ with respect to the contents. Please refer to our standard terms at the end of this document.
Test & Learn




      #9
  int
Po
SOCIAL MEDIA INDUSTRY
       LANDSCAPE
- Strategy/Planning: Outsource/In-House
- Community Management: Outsource ----> Insource ----> In-house
- More Channels + More Connection ----> REQUIRE MORE HIGH VALUE CONTENT
- Content centric brands ----> investing in editorial/production teams
- Social Media for Brands is in Growth ---> Social Media for Business is in Early Growth
- True Social Media talent is VERY hard to find...




                                                                                   Socialrati.com
5x5
5 CHALLENGES
Getting stakeholders on the same page
Justifying investing in social media
Agencies/Outsourced consultancy
Talent search/mix
Coupling with SEO & other digital/creative services
5 MISCONCEPTIONS
If you have a page they will come
It's easy to make something viral
Posting everyday is the best way to create ongoing
conversation
That every post should be responded to
If i'm interested in something, my community will be
too.
5 MISTAKES
Not having a clear value proposition and role of social
Not setting up the content calendar upfront
Not having a pre-determined response plan
Not reporting and analysing the results
Failing to test and learn


BONUS: letting the intern run the accounts
5 SOCIAL TRENDS TO
    LOOK OUT FOR
- Mobile - usage increasing, Facebook going more mobile
- Photo - Instagram, Pinterest, Timeline, new news feed
- Animated gif - Google search, Cinemagram, The Vine
- Crowd sourcing - Thumb, Kickstarter, See Australia
- Improved advertising - Facebook, Twitter ad API, Pinterest




                                                               Socialrati.com
5 BIGGEST
OPPORTUNITIES IN SOCIAL
- Get involved in mobile before
the competition                      - Set up social within a
- Provide true value to your
                                     business (not agency).
connections - not many brands
                                     This is the way of the
do this properly
                                     future but could
- Get involved in the niche social
                                     cannibalise agency
networks - better targeting
- Social media monitoring - too      offerings so find other
many brands still aren't utilising   value you can provide.
this
                                                          Socialrati.com
5 Recruitment Tips
Social knowledge can be taught, you need to ensure that the right hire has
the skills required to do the role
Clearly work out what the role is and have an understanding of the skill set
required, analytical, copywriting
Test their aptitude beyond what they have read
No one is a 'social media' expert, people can have a great understanding
but as a new field that is continuously changing
Key traits to look out for: Empathetic, Organised, Adaptable, Engaging,
Keen learner

                                                                               Socialrati.com
@TCO
Thank you
TCO Standard Terms

      01: Appointment and Terms. The Client appoints TCO Pty Ltd ABN 69 125 933 637 (ʻTCOʼ) as consultant to provide the services set out in each estimate agreed between TCO and the Client (ʻServicesʼ).


      02: Services. In consideration of the payment of the fees set out in an estimate or as agreed between TCO and client p-lus GST (ʻFeesʼ) TCO will provide the Services. TCO will abide by any reasonable directions
      given by the Client with respect to the manner of delivery of the Services.


      03: Fees. TCO will provide a tax invoice to the Client for the Fees according to the payments set out in an estimate or if no estimate as agreed between TCO and Client. Fees payable 60% of estimate on
      engagement and prior to commencement of work and remainder is payable on delivery of the product of the Services provided under this Agreement. TCO shall be entitled to charge interest at the rate of 2% p.a.
      calculated daily on any overdue Fees. The Fees may be reviewed by TCO if the scope of the project changes and the Client will be given notice of any increase in the Fees.


      04: Expenses. In addition to the Fees the Client will reimburse TCO the actual costs of disbursements reasonably incurred by TCO in carrying out the Services. Expenses are subject to prior approval by the Client.


      05: Intellectual Property. Intellectual Property contributed by Client will remain owned by Client. Upon completion of the Services and final payment of all Fees TCO agrees to provide a royalty free perpetual license
      to the Client of all intellectual property rights created by TCO in connection with the provision of the Services for use by the Client for the purposes of the Project. TCO shall retain all Masters, rushes and other
      preparatory material and client (or third parties) will not be entitled to such originals, although client may request duplicate Masters to be provided at additional fees. Third party intellectual property will remain owned
      by such third parties, and Client appoints TCO as agent to procure any use of third party intellectual property in relation to the Project.


      06: Assistance. The Client will give TCO, its employees and contractors all assistance reasonably requested by TCO to enable TCO to carry out the Services.


      07: Employees. The Client will not, from the date of this Agreement to twelve months after completion of the provision of services by TCO, solicit, employ or contract any employee or contractor of TCO. The Client
      agrees that if it employs or engages any person directly, contrary to this clause it shall be liable to pay to TCO liquidated damages in a once off amount equal to 30% of such personʼs annual salary or annualised
      contracted amount (if a contractor) at the time of departing TCO even if they have been employed or contracted by another organisation after departing TCO and prior to being engaged or employed by the Client.




This digital file / document contains confidential information and has been prepared for discussion purposes only.  TCO Pty. Ltd. claims ‘commercial in confidence’ with respect to the contents. Please refer to our standard terms at the end of this document.
TCO Standard Terms

      08: Confidentiality. Each party shall treat as confidential all information which comes into its possession, pursuant to or as a result of or in the performance of this Agreement, whether such information relates to the
      business, sales, marketing or technical operations of the other Party or the clientele of the other Party or otherwise. Neither Party shall, without the written permission of the other, disclose such confidential information
      to a third party.


      09: Warranties. Except as set out herein all implied conditions, warranties and rights are excluded from this Agreement. Where the Trade Practices Act 1974 or other laws imply conditions or warranties or give other
      rights in respect of this Agreement, TCOʼs liability for any breach of such a condition, warranty or right will (but only to the extent permitted by law) be limited:


      (a) in the case of goods supplied, to the replacement or repair of the goods or the supply of equivalent goods, the payment of the cost of repairing or replacing the goods or of acquiring equivalent goods;
      (b) in the case of services supplied, to the supplying of the services again or the payment of the reasonable cost of having the services supplied again.


      10: Liability. TCO will not be liable to the Client or any persons claiming under it in contract, tort or otherwise for or in respect of any direct, indirect, or consequential loss, damage, expense or injury suffered by the
      Client or any other person arising out of or relating to this Agreement or any delay, non‑performance or error in information supplied to the Client by TCO in connection with this Agreement or any services provided.
      Without limiting the foregoing, TCO shall have no liability for circumstances beyond its control, including without limitation fire, theft, strike, lockout, force majeure, act of god, or act of terror.


      11: Cancellation. In the event that Client cancels an event at which the Services are to be performed by TCO then TCO shall be entitled to charge the Client, as a genuine pre-estimate of TCOʼs loss, the greater of the
      percentage of the Fees set out in the table below, and the amount of the budget relevant to the Services performed by TCO to the point of cancellation:




       Notice period                                     Minimum % Fees

       24 hours or less                                  50%

       48 Hours or less                                  35%

       Greater than 48 Hours                             25%




This digital file / document contains confidential information and has been prepared for discussion purposes only.  TCO Pty. Ltd. claims ‘commercial in confidence’ with respect to the contents. Please refer to our standard terms at the end of this document.
TCO Standard Terms

      12: Termination. Either Party may terminate this agreement by giving the other Party thirty (30) days written notice, or the parties may mutually agree in writing to a shorter notice period. This agreement will
      automatically terminate if: the Client enters into an arrangement or composition with creditors; an application is made for the appointment of a liquidator, controller, administrator, official manager, receiver and manager
      or similar officer or any of them is appointed; an event happens which would allow a court to wind the Client up; the Client ceases to carry on business or is unable to pay its debts; or the Client materially breaches this
      agreement and does not remedy the breach with fourteen (14) days of receiving notice from TCO to rectify the breach or the breach is incapable of being remedied.


      13: If this agreement is terminated for any reason the Client shall immediately pay to TCO any part of the Fees which has accrued prior to the termination but has not been paid, including works performed but not yet
      invoiced. Upon payment TCO shall deliver to the Client all books, records, plans, papers, models and information of any kind relating to the Services which are the property of the Client.


      14: The proper law of this agreement is the law of New South Wales. The parties submit to the jurisdiction of courts in New South Wales.


      15: Definitions. In this agreement, capitalised words shall have the meanings ascribed to them in the Schedule unless the context otherwise requires. Headings and bold print have been included for ease of
      reference. This agreement shall not be construed or interpreted by reference to such headings, sub-headings, bold print or capitals.


      16: The Client does not need to sign these terms to accept them, and instructing TCO to continue work will be deemed acceptance of these terms.


      17: This agreement contains the entire agreement between the parties and supersedes all previous correspondence and negotiations concerning the Services. This agreement is the primary agreement between the
      parties in relation to the Services and will be paramount to any terms attached to any purchase order, service request or other engagement terms provided to TCO whether before or after the execution of this
      agreement by either party. This agreement may only be varied by TCO executing a document explicitly using the words ʻThis agreement varies TCOʼs Standard Termsʼ.




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Lessons from the Coal Face: mUmBRELLA and TCO Social Media

  • 1. LESSONS FROM THE COAL FACE mUmbrella & TCOʼs Social Media Academy
  • 3. ALL THE LEARNINGS... EARNED OWNED SOCIAL INSIGHTS & BEHAVIOURS FILM / AV PAID SHARED ENVIRONMENTAL ANALYSIS CONNECTION CREATE (LEAD) Channel, role, message & call-to- DIGITAL INTERACTIVE COMPETITORS / AUDIENCE action BUSINESS / MARKETING Strategy Ideas Planning Execution OBJECTIVES BRAND ESSENCE / TOOLS / AMPLIFY (PARTNER) ASSET/CONTENT DESIGN ASSETS / EXPERIENCE Creative Development TCO PROPRIETARY TOOLS / BROADCAST EXPERIENCE TYPOGRAPHY EXPERIENCE DIGITAL MEASUREMENTS & INSIGHTS
  • 4. TONIGHT - 9 Speedy Recap Points - The Social Media Landscape - The lessonʼs that we have learned along the way - 5x5 principles for helping you get the most out of social - Ask us anything Socialrati.com
  • 5. SOCIAL MEDIA ERA ENABLED AN ACCELERATED RATE & MEANS OF CONNECTING (to people & organisations) #1 int Po
  • 6. Know your value Satisfy your audienceʼs need to... be informed be entertained be educated be inspired to feel valued! right place, right time, in the best way #2 int Po
  • 7. Value Exchange SOCIAL CURRENCY Information ? Inspiration Education Entertainment Engage OR Engage & Share SATISFY A SOCIAL NEED ADMIRED RESPECTED CONNECTED #3 ACCEPTED int http://www.psychologytoday.com/blog/communication-central/200909/the-theory-social-validation Po This digital file / document contains confidential information and has been prepared for discussion purposes only.  TCO Pty. Ltd. claims ‘commercial in confidence’ with respect to the contents. Please refer to our standard terms at the end of this document.
  • 8. Create - SOCIAL IDEAS “a novel concept that enables a unique, participative form of interaction between 2 or more people.” ...AND THAT GENERATES A FAVOURABLE OUTCOME/IMPRESSION #4 int Po http://www.markpollard.net/how-to-make-social-ideas/
  • 9. 10 SOCIAL IDEA THOUGHT STARTERS http://www.thejohnnycashproject.com/ http://www.youtube.com/watch?v=_Ymkoh-vKzM Collaboration/ Fake vs. Real Movements Cause Polarising Crowd-source Customisable/ Social Tensions/ Challenge Gamify Meme Personalised Rivalry Coke Zero In Challenge #5 int http://www.youtube.com/watch?v=HfiClmaKcF4 Po http://knowyourmeme.com/memes/
  • 10. What, Where, Why? Content Plan CONTENT STRATEGY AV IMAGE TEXT MICRO-TEXT AV AV AV AV AV IMAGE IMAGE IMAGE IMAGE IMAGE IMAGE TEXT TEXT TEXT TEXT TEXT TEXT MICRO-TEXT MICRO-TEXT #6 Role - Message - Call-to-Action oint P
  • 11. “How WOM Advertising Works” Nov-Dec 1966 Product [Service] Self Involvement Involvement 25% Sharing knowledge or opinions is 34% a way to gain attention, show The experience is so novel connoisseurship, feel like a and pleasurable that it must be pioneer, have inside information, shared. seek confirmation of a person's own judgment, or assert superiority. The person wants to reach out The message is so entertaining and help to express or informative that it person is neighbourliness, caring and compelled to share. friendship. 20.5% 20.5% Cause [other] Message Involvement 7 Involvement t# Ernst Dichter P oin http://www.ignitesocialmedia.com/social-media-promotion/why-people-share-content/ This digital file / document contains confidential information and has been prepared for discussion purposes only.  TCO Pty. Ltd. claims ‘commercial in confidence’ with respect to the contents. Please refer to our standard terms at the end of this document.
  • 12. Look to exhaust the FINITE value in your Activity/Assets MEDIA EARNED OWNED SHARED PAID OPTIMISED IN THE 1ST 24HRS TO 1ST WEEK Traditional Paid Editorial Media Partners Brand Channels Influencers Ambassadors Website Incentivised views TV ASSETS Bloggers Retail Entertainment Portals Ad Placements &/OR Editors Portfolio of Social Networks Assets/Sponsorships Social Bookmarking power Database Search ACTIVITY Media Partnerships Brokers PPC Influencer Network #8 HIGH LOW int VALUE/EXCLUSIVITY OF ASSET / ACTIVITY Po This digital file / document contains confidential information and has been prepared for discussion purposes only.  TCO Pty. Ltd. claims ‘commercial in confidence’ with respect to the contents. Please refer to our standard terms at the end of this document.
  • 13. Test & Learn #9 int Po
  • 14. SOCIAL MEDIA INDUSTRY LANDSCAPE - Strategy/Planning: Outsource/In-House - Community Management: Outsource ----> Insource ----> In-house - More Channels + More Connection ----> REQUIRE MORE HIGH VALUE CONTENT - Content centric brands ----> investing in editorial/production teams - Social Media for Brands is in Growth ---> Social Media for Business is in Early Growth - True Social Media talent is VERY hard to find... Socialrati.com
  • 15. 5x5
  • 16. 5 CHALLENGES Getting stakeholders on the same page Justifying investing in social media Agencies/Outsourced consultancy Talent search/mix Coupling with SEO & other digital/creative services
  • 17. 5 MISCONCEPTIONS If you have a page they will come It's easy to make something viral Posting everyday is the best way to create ongoing conversation That every post should be responded to If i'm interested in something, my community will be too.
  • 18. 5 MISTAKES Not having a clear value proposition and role of social Not setting up the content calendar upfront Not having a pre-determined response plan Not reporting and analysing the results Failing to test and learn BONUS: letting the intern run the accounts
  • 19. 5 SOCIAL TRENDS TO LOOK OUT FOR - Mobile - usage increasing, Facebook going more mobile - Photo - Instagram, Pinterest, Timeline, new news feed - Animated gif - Google search, Cinemagram, The Vine - Crowd sourcing - Thumb, Kickstarter, See Australia - Improved advertising - Facebook, Twitter ad API, Pinterest Socialrati.com
  • 20. 5 BIGGEST OPPORTUNITIES IN SOCIAL - Get involved in mobile before the competition - Set up social within a - Provide true value to your business (not agency). connections - not many brands This is the way of the do this properly future but could - Get involved in the niche social cannibalise agency networks - better targeting - Social media monitoring - too offerings so find other many brands still aren't utilising value you can provide. this Socialrati.com
  • 21. 5 Recruitment Tips Social knowledge can be taught, you need to ensure that the right hire has the skills required to do the role Clearly work out what the role is and have an understanding of the skill set required, analytical, copywriting Test their aptitude beyond what they have read No one is a 'social media' expert, people can have a great understanding but as a new field that is continuously changing Key traits to look out for: Empathetic, Organised, Adaptable, Engaging, Keen learner Socialrati.com
  • 23. TCO Standard Terms 01: Appointment and Terms. The Client appoints TCO Pty Ltd ABN 69 125 933 637 (ʻTCOʼ) as consultant to provide the services set out in each estimate agreed between TCO and the Client (ʻServicesʼ). 02: Services. In consideration of the payment of the fees set out in an estimate or as agreed between TCO and client p-lus GST (ʻFeesʼ) TCO will provide the Services. TCO will abide by any reasonable directions given by the Client with respect to the manner of delivery of the Services. 03: Fees. TCO will provide a tax invoice to the Client for the Fees according to the payments set out in an estimate or if no estimate as agreed between TCO and Client. Fees payable 60% of estimate on engagement and prior to commencement of work and remainder is payable on delivery of the product of the Services provided under this Agreement. TCO shall be entitled to charge interest at the rate of 2% p.a. calculated daily on any overdue Fees. The Fees may be reviewed by TCO if the scope of the project changes and the Client will be given notice of any increase in the Fees. 04: Expenses. In addition to the Fees the Client will reimburse TCO the actual costs of disbursements reasonably incurred by TCO in carrying out the Services. Expenses are subject to prior approval by the Client. 05: Intellectual Property. Intellectual Property contributed by Client will remain owned by Client. Upon completion of the Services and final payment of all Fees TCO agrees to provide a royalty free perpetual license to the Client of all intellectual property rights created by TCO in connection with the provision of the Services for use by the Client for the purposes of the Project. TCO shall retain all Masters, rushes and other preparatory material and client (or third parties) will not be entitled to such originals, although client may request duplicate Masters to be provided at additional fees. Third party intellectual property will remain owned by such third parties, and Client appoints TCO as agent to procure any use of third party intellectual property in relation to the Project. 06: Assistance. The Client will give TCO, its employees and contractors all assistance reasonably requested by TCO to enable TCO to carry out the Services. 07: Employees. The Client will not, from the date of this Agreement to twelve months after completion of the provision of services by TCO, solicit, employ or contract any employee or contractor of TCO. The Client agrees that if it employs or engages any person directly, contrary to this clause it shall be liable to pay to TCO liquidated damages in a once off amount equal to 30% of such personʼs annual salary or annualised contracted amount (if a contractor) at the time of departing TCO even if they have been employed or contracted by another organisation after departing TCO and prior to being engaged or employed by the Client. This digital file / document contains confidential information and has been prepared for discussion purposes only.  TCO Pty. Ltd. claims ‘commercial in confidence’ with respect to the contents. Please refer to our standard terms at the end of this document.
  • 24. TCO Standard Terms 08: Confidentiality. Each party shall treat as confidential all information which comes into its possession, pursuant to or as a result of or in the performance of this Agreement, whether such information relates to the business, sales, marketing or technical operations of the other Party or the clientele of the other Party or otherwise. Neither Party shall, without the written permission of the other, disclose such confidential information to a third party. 09: Warranties. Except as set out herein all implied conditions, warranties and rights are excluded from this Agreement. Where the Trade Practices Act 1974 or other laws imply conditions or warranties or give other rights in respect of this Agreement, TCOʼs liability for any breach of such a condition, warranty or right will (but only to the extent permitted by law) be limited: (a) in the case of goods supplied, to the replacement or repair of the goods or the supply of equivalent goods, the payment of the cost of repairing or replacing the goods or of acquiring equivalent goods; (b) in the case of services supplied, to the supplying of the services again or the payment of the reasonable cost of having the services supplied again. 10: Liability. TCO will not be liable to the Client or any persons claiming under it in contract, tort or otherwise for or in respect of any direct, indirect, or consequential loss, damage, expense or injury suffered by the Client or any other person arising out of or relating to this Agreement or any delay, non‑performance or error in information supplied to the Client by TCO in connection with this Agreement or any services provided. Without limiting the foregoing, TCO shall have no liability for circumstances beyond its control, including without limitation fire, theft, strike, lockout, force majeure, act of god, or act of terror. 11: Cancellation. In the event that Client cancels an event at which the Services are to be performed by TCO then TCO shall be entitled to charge the Client, as a genuine pre-estimate of TCOʼs loss, the greater of the percentage of the Fees set out in the table below, and the amount of the budget relevant to the Services performed by TCO to the point of cancellation: Notice period Minimum % Fees 24 hours or less 50% 48 Hours or less 35% Greater than 48 Hours 25% This digital file / document contains confidential information and has been prepared for discussion purposes only.  TCO Pty. Ltd. claims ‘commercial in confidence’ with respect to the contents. Please refer to our standard terms at the end of this document.
  • 25. TCO Standard Terms 12: Termination. Either Party may terminate this agreement by giving the other Party thirty (30) days written notice, or the parties may mutually agree in writing to a shorter notice period. This agreement will automatically terminate if: the Client enters into an arrangement or composition with creditors; an application is made for the appointment of a liquidator, controller, administrator, official manager, receiver and manager or similar officer or any of them is appointed; an event happens which would allow a court to wind the Client up; the Client ceases to carry on business or is unable to pay its debts; or the Client materially breaches this agreement and does not remedy the breach with fourteen (14) days of receiving notice from TCO to rectify the breach or the breach is incapable of being remedied. 13: If this agreement is terminated for any reason the Client shall immediately pay to TCO any part of the Fees which has accrued prior to the termination but has not been paid, including works performed but not yet invoiced. Upon payment TCO shall deliver to the Client all books, records, plans, papers, models and information of any kind relating to the Services which are the property of the Client. 14: The proper law of this agreement is the law of New South Wales. The parties submit to the jurisdiction of courts in New South Wales. 15: Definitions. In this agreement, capitalised words shall have the meanings ascribed to them in the Schedule unless the context otherwise requires. Headings and bold print have been included for ease of reference. This agreement shall not be construed or interpreted by reference to such headings, sub-headings, bold print or capitals. 16: The Client does not need to sign these terms to accept them, and instructing TCO to continue work will be deemed acceptance of these terms. 17: This agreement contains the entire agreement between the parties and supersedes all previous correspondence and negotiations concerning the Services. This agreement is the primary agreement between the parties in relation to the Services and will be paramount to any terms attached to any purchase order, service request or other engagement terms provided to TCO whether before or after the execution of this agreement by either party. This agreement may only be varied by TCO executing a document explicitly using the words ʻThis agreement varies TCOʼs Standard Termsʼ. This digital file / document contains confidential information and has been prepared for discussion purposes only.  TCO Pty. Ltd. claims ‘commercial in confidence’ with respect to the contents. Please refer to our standard terms at the end of this document.