The MRC Subscription Agreement: What You Need to Know

If you are thinking of subscribing to MRC (Media Rating Council), it`s essential that you understand the terms and conditions of the subscription agreement. The MRC is a leading non-profit organization in the media industry that develops and maintains measurement standards, conducts audits, and provides accreditation to media measurement services. Its subscription agreement lays out the terms and conditions that govern your relationship with the organization as a subscriber.

Here`s what you need to know about the MRC subscription agreement:

1. Licensing and Access: As a subscriber, you will be granted a non-exclusive, non-transferable license to use the MRC`s materials and services for your internal business purposes. You will also receive access to the MRC`s members-only website and other resources.

2. Fees and Payments: You will be required to pay an annual fee, which will be determined by the MRC`s Board of Directors. The fee covers your subscription period, and you will be invoiced annually. Failure to pay within 30 days may result in the suspension or termination of your subscription.

3. Termination: You may terminate your subscription at any time by providing written notice to the MRC. The MRC may also terminate your subscription if you violate any terms of the agreement or for other reasons at its discretion.

4. Confidentiality: You will be required to keep the MRC`s materials and information confidential and not disclose them to any third parties without prior written consent from the MRC.

5. Indemnification: You will be required to indemnify and hold the MRC harmless from any claims, damages, or liabilities arising from your use of the MRC`s materials or services.

6. Dispute Resolution: Any disputes arising from the subscription agreement must be resolved through arbitration in accordance with the rules of the American Arbitration Association.

In conclusion, the MRC subscription agreement is a legally binding contract that outlines the terms and conditions of your subscription to the organization`s materials and services. By understanding the agreement, you can ensure that you comply with its terms and avoid any potential issues that may arise.