Form Management Agreement
Manager shall also be permitted to devote such time and efforts to other business activities as Manager may deem necessary or desirable in Manager's sole discretion. (c) Artist hereby acknowledges that Manager is not licensed under the Labor Code of the State of California as a talent agent or employment agent or otherwise under the Business and Professions Code of the State of California or as a theatrical employment agency or other employment or booking agency under the General Business Law of the State of New York or as any of the foregoing under the laws of any State; that Manager has not offered or attempted or promised to obtain, seek, or procure employment or engagements for Artist; and that Manager is not authorized, licensed or expected to do so. Therefore, Artist shall not look to Manager to procure or provide engagements or employment; provided, however, that Manager shall select, negotiate with and otherwise represent Artist to such agencies and other third parties that seek and procure employment and engagements for artists. 2. The initial term ("Initial Term") of this agreement shall be for a period of two (2) years from the date first above written. Manager shall have the right to extend the Initial Term for three (3) consecutive one (1) year option periods ("the Option Periods"). The first Option Period shall commence immediately upon conclusion of the Initial Term and each successive Option Period shall commence immediately upon conclusion of the preceding Option Period unless Manager gives Artist written notice of its intention not to exercise such option prior to the expiration of the Initial Term or the then-current Option Period.
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