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“ Renegotiating a Broken Contract ”
Comedy Hypnotist Alan Sands - The SandMan

O.K. Somebody has to break a contract. Sometimes there is no ill-will when this happens. However, if one party is uncomfortable, then in most cases, a compromise can be made.

Fair's Fault
Funds are cuts, contracts get lost or misplaced, new managers are hired & unpredicted problems arise. Fairs sometimes need to eliminate services.

Sometimes a smaller or shorter contract with the entertainment can be renegotiated. This is usually much prefered by the ARTIST rather than loss of the entire contract.

Artist's Fault
Artist is offered more money or a long-term contract that is important to their career, (i.e., a casino, movie or T.V. offer) in most cases an equal or superior replacement can be found, even if it costs the ARTIST money to replace themselves – the financial gain of the new contract is usually enough to compensate the artist for this cost.

Artist Cancels with Agency Involved
If an ARTIST cancels on an AGENT, that AGENT is entitled to a full commission from the canceling ARTIST regardless of whether the AGENT makes his commission when the contract is renegotiated. After all,the AGENT has already fulfilled his part of the agreement.



CONTINUED
Compromise Suggestions
Agreements can sometimes be made to bring an ARTIST back in a future year. If the FAIR needs to cancel and reschedule, sometimes a partial payment can be made, or the new contract can be agreed upon for more compensation.

If the ARTIST cancels, a guarantee that the artist will keep their price the same or will work for less can be agreed upon for the new contract.

BE CREATIVE
When trying to find a compromise clearly reiterate what both parties need or want. Sometimes, the needs are easier to meet than you might suspect.

FIND AN ARBITRATOR
A third unassociated party will most probably be far more creative on thinking of solutions if they are not personally involved in the issue.


Contract Renegotiations When is a Contract a Contract Horror Story #1 Horror Story #2 Horror Story #3