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#Contracts Management
jayvoicetrg · a day ago
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How $1.5bn Channel Management, INTELS Contracts Pitted Amaechi against Bala-Usman
How $1.5bn Channel Management, INTELS Contracts Pitted Amaechi against Bala-Usman
Hadiza Bala-Usman By Eromosele Abiodun Last week’s suspension of Managing Director of the Nigerian Ports Authority (NPA), Ms. Hadiza Bala-Usman, at the request of the Minister of Transportation, Mr. Rotimi Amaechi, was the culmination of a two-year war of attrition between the duo, triggered by disagreement in 2019 over whether or not to renew the channel management contracts, THISDAY findings…
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digitaleweltszenarien · 7 days ago
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Wie Blockchains den Handel mit digitaler Musik und Kunst revolutionieren
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[Quelle Reuters/Christies Images LTD, 2021/BEEPLE/Handout]
Der Hammer kam im März, als das Werk “Everydays: The first 5.000 days“ (oben ein Ausschnitt) des amerikanischen Künstlers Beeple bei einer (Online-)Auktion von Christie's für 69,3 Millionen Dollar versteigert wurde. Vor allem, weil das Werk eine Collage aus Einzelbildern eines galerielosen Künstler ist. Beeple hat diese 13 Jahre lang von der Kunstwelt kaum bemerkt jeden Tag (deshalb 5.000 Tage) auf Instagram gepostet. Das erste Mal Aufmerksamkeit erregte er, als er vor einem halben Jahr einen Auktionsrekord auf dem Marketplace für digitale Kunst Nifty Gateway, erzielt hat, indem er 20 seiner Werke für 3,5 Millionen Dollar verkauft hat.
Blockchains, NFTs und Originale
Von Blockchains haben die meisten - wenn überhauppt - nur über die rein digitale Kryptowährung Bitcoin gehört. Etwas besser informierte kennen vielleicht auch die zweitverbreitetste mit Namen Ether. Mit Bitcoins haben diese digitalen Handelsformen für Kunst und Medien in der Tat wenig zu tun, mit Ether aber eine ganze Menge. Das liegt daran, dass die hinter den digitalen Coins/Münzen der Kryptowährung Ether stehende Etherium Blockchain im Unterschied zur Bitcoin-Blockchein eine Funktionalität anbietet, die in jüngster Zeit einen kometenhaften Aufstieg genommen hat: Smart Contracts & NFTs.
Mit NFTs, "Non-Fungible Token", (deutsch: nicht austauschbare Token) wird eine nicht tausch- oder replizierbare elektronische Verbriefung von Eigentumsrechten an digitalen aber auch physischen Objekten Realität. Sie fungieren sie als Wertmarken, die als unveränderbare Kennzeichnung untrennbar mit bestimmten digitalen oder physischen verbunden werden. Man kann sich das in etwa so vorstellen, als würden nummerierte Krypto-Scheine unablösbar auf Bilder geklebt, so dass sie bei jeder Ausstellung oder Transaktion mit dabei sind.
In der Blockchain wird änlich wie beim Handel mit digitaler Währung (etwa dem Ether Coin) bei jeder Transaktion von NFTs der/die Vorbesitzer/in, aktuelle Besitzer/in und der Ursprung überprüft werden können. So kann die gesamte Transaktionskette von dem/der Urheber/in bis zum/zur aktuellen Besitzer/in nachverfolgt werden.
Digitale Kunstwerke und der Besitz an Ihnen können so mit NFTs gesichert, ihre Herkunft nachverfolgt und der Handel mit Fälschungen/Raubkopien verhindert werden.
Dies ermöglicht eine vollkommen neu Art des Handels nicht nur mit künstlerischen, urheberrechtlich geschützten Werken.
Kunstraum & Kunstbetrieb
Damit verändert sich ein bisher grundlegender Unterschied zwischen digitaler und analoger Kunst: Bisher hatte digitale Kunst nicht den selben Wert wie etwa Malerei oder Skulptur, weil sie einfach geteilt und kopiert werden konnte - das hat sich nun geändert, weshalb digitale Kunst auch teurer gehandelt wird.
Handelsplätze wie das oben genannte Nifty Gateway fungieren als All-In-One-Kunstwelt mit Galerie, Auktionshaus und Ausstellungsraum. Änlich analogen Galerien wählen sie die Künstler aus, die dort ausstellen und anbieten dürfen.
Kunstwissenschaftlerin Anika Meier fragt sich in Kunstmagazin monopol, "Was passiert, wenn die Cryptowährungen einbrechen? Wie reagieren Galerien? Was machen Künstler/innen, die nicht im Digitalen zu Hause sind? Fangen Museen an, NFTs zu sammeln? Oder reagiert der klassische Kunstbetrieb vielleicht gar nicht...?"
Deutschland steckt im April 2021 auch bei diesem Digital-Thema noch in den Kinderschuhen: Laut repräsentativer Umfrage der YouGov Deutschland GmbH vom April 2021 wissen lediglich 7 Prozent der Erwachsenen überhaupt, was NFTs sind; Nur 1 Prozent hat angegeben, NFTs zu besitzen und ebenfalls 1 Prozent, in naher Zukunft welche erwerben zu wollen. Im nächsten Jahr wird diese Umfrage aller Voraussicht nach zu ganz anderen Zahlen kommen (ich zumindest kenne und besitze NFTs seit April ;-)...
Es bleibt auf jeden Fall spannend und wir bleiben dran!
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projektkrew · 14 days ago
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Construction Management Consultants in Bangalore
Projekt Krew is one of the best construction companies in Bangalore. We provide the best construction management services in bangalore compared to other companies. We also provide HR management services in Bangalore.  Our effective project management and Implementation relies on a number of factors, including understanding client requirements.
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I was curious about Jedward’s claim that they got sent the 1D contract “by mistake” because they had the same management and label. It turns out that Jedward was only with Modest for a couple of months in 2009 before they switched to have Louis Walsh as manager instead. Simon Cowell actually refused to sign them to Syco and they were signed to Sony instead, but they got dropped in April 2010. Seeing as they didn’t share label/management, it sounds pretty unbelievable that they have 1D’s contract
.
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laravelreactjs · 2 months ago
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CRMGo SaaS - Projects, Accounting, Leads, Deals & HRM Tool
CRMGo SaaS – Projects, Accounting, Leads, Deals & HRM Tool
Overview CRMGo SaaS is the most competent utility tool to help you manage every aspect of HR, presales, projects, sales and contracts with the utmost ease. It’s difficult to manage various tools for varying business purposes. With CRMGo, you can manage every aspect of your business under one tool. With a SAAS version create plans using a super admin login. Demo Url : Demo Link Login as Super…
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goldenfive · 2 months ago
Hi! I have two questions if you don't mind answering? :) First, who do you think is behind Liam & Zayn's bbg's/stunting these days? Like, with Louis it was obv Simon and now it might be a 'leftover' from that maybe? But if L&Z's are also Simon, does that mean they would still be under contract with him? Or are their current teams not connected and are just as bad? Cause I refuse to believe they do it willingly like some say -.- Second - do you think ot5 still talk a lot these days? <3 H/L-Z too?
I dont mind answering at all but I'm the last person you should ask about business/management stuff tbh. I can never keep up with that stuff, I couldn't tell you who either of boys is signed too atm rip.
as for your second question tho: all members of one direction talk to each other frequently, there's no bad blood. I dont think there was ever a big enough fight between any of them to completely fuck up their relationship
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darlingnisi · 3 months ago
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Paisley Park Job Alert : Social Media Coordinator
Purple Tumblr/Twitter/Instagram fam! YOU WERE MADE FOR THIS ROLE! 
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Qualifications
Bachelor's (Preferred)
Social Media Management: 4 years (Preferred)
Marketing: 1 year (Preferred)
Full Job Description
This position is non-remote and located in Chanhassen, MN, a suburb of Minneapolis.
Paisley Park seeks a Social Media Coordinator to collaborate on digital content creation and oversee day-to-day social media activity for Paisley Park and other Prince-affiliated social media channels.
Reporting to the Senior Marketing Manager, the Social Media Coordinator works across digital and social platforms to thoughtfully and creatively further the Prince legacy, bringing Paisley Park’s brand to a massive global audience.
RESPONSIBILITIES & EXPERIENCE
Planning & Assessment
Collaborate with Paisley Park marketing and agency teams to prepare social media plans for Paisley Park tours, programs, and initiatives.
Maintain content calendars for all Paisley Park social media channels (Facebook, Twitter, Instagram, YouTube, TikTok, Twitch, and any future platforms), and coordinate content for other Prince-affiliated social networks.
Measure content effectiveness (both paid and organic) and track against goals, implementing improvements as needed.
Content Development and Posting
Develop and publish compelling customized social media content for Paisley Park including shooting video, writing, editing, and posting for distribution across each channel.
Test and implement strategy for emerging social media platforms.
Assist the Prince Estate on fulfilling social media messaging, including coordinating postings and execution of Estate initiatives.
Community Management
Monitor inboxes and post comments across all owned Paisley Park channels.
Respond to inquiries in a timely manner.
Escalate requests as needed and factor community management trends into social media planning.
Other responsibilities as assigned.
Background & Qualifications
REQUIRED:
Bachelor’s degree.
4+ years marketing and brand social media oversight experience.
Excellent communication skills and attention to detail.
Fluency with Twitter, Instagram, Facebook, YouTube, TikTok, and/or other social networks.
Strong Proficiency in MS Excel, Word, and PowerPoint.
PREFERRED:
Extensive experience with Adobe Creative Suite (including Photoshop), social media management tools (e.g., Sprout Social), and Basecamp.
Background in museums, attractions, and/or cultural performance venues.
WORKPLACE BENEFITS, CONDITIONS & REQUIREMENTS
Ability to work a flexible schedule that meets the needs of the role, including weekends, evenings, and holidays.
Must adhere to a pescatarian work environment while working on Paisley Park campus.
Must pass a background check and drug test prior to starting work.
Paisley Park offers a competitive benefit package to all qualified employees.
We are committed to creating a diverse environment and are proud to be an equal opportunity employer.
Job Type: Full-time
Benefits:
401(k)
Dental insurance
Employee discount
Health insurance
Life insurance
Paid time off
Vision insurance
Schedule:
Monday to Friday
Education:
Bachelor's (Preferred)
Experience:
Social Media Management: 4 years (Preferred)
Marketing: 1 year (Preferred)
Work Location:
One location
Company's website:
paisleypark.com
Benefit Conditions:
Waiting period may apply
Only full-time employees eligible
Work Remotely:
No
COVID-19 Precaution(s):
Personal protective equipment provided or required
Plastic shield at work stations
Temperature screenings
Social distancing guidelines in place
Sanitizing, disinfecting, or cleaning procedures in place
APPLY HERE!
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peekbackstage · 4 months ago
Hi, I do have questions about how management company work. For Xz case, his management company clearly didn’t treat him well. Before CqL, it can be explained since he wasn’t famous and didn’t bring much benefits to them. However after CqL the treatment didn’t improved, esp the 227 incident which they literally did nothing to help him out. Even though with his immense popularity, he could bring them so much income and benefits? And also since he has his own studio now, does it mean that his management company will receive less?
XZ’s case is interesting because he actually originally was signed to Wajijiwa as an X-NINE member. With idol groups, contracts last a certain term if an artist is signed as part of a group. Some contracts stipulate that the term lasts for a specific period of time or unless the group is disbanded, while others are strictly with the individual for a specific period of time, independent of whether or not they are part of a group. 
From what I do understand, at the beginning of 2019, X-NINE disbanded. If XZ’s contract would have expired with Wajijiwa upon disbanding, then that would explain why Wajijiwa really wasn’t interested in helping him - especially if he was trying to renegotiate his contract with them and hadn’t yet actually signed anything. 
If there was a contract dispute or the contract was being renegotiated, it would make sense why they not only did not help him, but also went out of their way to block XZ from getting brand deals and disrupted his ability to continue to promote. From what I understand, XZ actually took legal action against them but it was settled out of court. He formed XZ Studios in 2019, which is supposed to be his own company/division. (It’s unclear if XZ Studios is an imprint on Wajijiwa and if they have anything to do with them or not - someone would have to send me a screen shot of his latest single’s metadata for me to determine if there’s a connection or if he has a new publisher and label.) 
If Wajijiwa has a sunset clause in their contract, they should be able to collect on royalties and other commissions from anything that was negotiated during the term of the contract. If they don’t have one, which is very unlikely, then they wouldn’t get anything from the original contract. 
I don’t know if there still is a contract with Wajijiwa or not - or if the settlement might have released him from any potential contract that may or may not have existed and/or have been in renegotiation.  There simply is not information to actually speculate without it being highly irresponsible, so I can’t really say much more on this beyond the above, based on what I know to be true about management contracts and the actual timeline of events. 
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wpracticals · 4 months ago
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Contract with the Government. File tenders and learn the procedure for managing Govt. contracts. It helps to know how exactly the Government procures goods or services and what are the guidelines they follow for this process. Join, now online course.
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yatingarg · 4 months ago
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FabDep- Leverage our solution to deploy smart contracts in a flash
Packed with exciting features our Hyperledger Fabric Network Management Solution help you set up a consortium of enterprises to seamlessly interact on the same network, even with multiple cloud preferences. You can also easily manage all your Blockchain components in one single console with FabDep.
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justasparkwritings · 5 months ago
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Illicit Affairs: Clandestine Meetings
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Pairings: Namjoon x Reader (barely) 
Genre: Angst 
Ratings: PG17
Word Count: 3.5K
Warnings: Manipulation, Abuse of Power, Swearing, Negotiations and Contracts
Summary: Namjoon has to grapple with the decisions he’s made and the lives he’s participated in destroying. 
Listen: illicit affairs by Taylor Swift
         Namjoon slipped into the conference room, sport coat over a hoodie and matching sweats. His hair quaffed back, glasses on, bag slung across his shoulder. He had been dreading this meeting for weeks, months. Every few years their contract with BigHit needed negotiating, and being the leader, the role of representing the best interest of the seven men fell to him. He loathed negotiations, detested the position they put him in, and absolutely despised the imbalance of power in the meetings. BTS had lawyers, but their lawyers still worked for BigHit. A defunct HR department more so than barristers dedicated to protecting their rights as performers, creators and men. This meeting was going to be worse than the others, if the sinking feeling in his gut was any indication. Not only was their contract nearly up, but they had the precarious position of trying to figure out what would happen during Jin’s military service, which would be followed by Yoongi and the 94’s. He knew the contracts would include some clause or addendum regarding the mandatory order, and he could only guess what new rules management would be placing on them.
           The entire Maknae Line was at risk, none of them would step up and lead, but if the plans to postpone service until Jin turned 30 was available, it would give the other members more time to grow out of childish early twenty-somethings into the grown men they had to be. The only bright spot in all of this was the fact that Jin would hopefully be back before the Maknae were truly alone, followed by Yoongi. Namjoon wasn’t comforted by the idea of Jin leading the group, but that was selfishness and pride speaking. Jin would be an excellent leader if given the opportunity.
          Namjoon was similarly dreading the conversation because a plan had to be created to mitigate the damage Jungkook was supposedly doing, and to inhibit him from destroying everything BigHit had accomplished in the last decade. Namjoon, being the keeper of the Golden Maknae, was going to be forced to sign papers that ensured Jungkook’s cooperation while he, Ho-Seok, Yoongi and Jin were gone.
           The grip BigHit had on the seven members could only be compared to Britney Spears conservatorship. She had her conservators, aka her father… and BTS had Bang. 
           Bang Si-hyuk was not a vicious man in nature. He was charismatic, charming, determined. He was not cruel, and he didn’t gain pleasure from watching BTS squirm. He had created BigHit to craft and groom Idols, capitalizing on the ever-booming K-Pop network and exploiting the talents of naïve youth and feeding on the despair of distressed parents. He preyed on the hungry, the poor, the outcasts, and he turned them into fucking billionaires. BTS was Midas, and Bang reaped all the benefits.
          Bang wasn’t the only one manipulating children, robbing them of their futures, their family, their ability to have any semblance of a normal life. Every other music group and K-Pop mastermind was feeding off of the same labors. Despite the hard facts of the BigHit company, and K-Pop culture, Bang had been wonderful to the boys. He was always laughing and joking with them, encouraging them to explore different musical whims or try new sounds. But he also ran a business, and Namjoon would be hard pressed to forget that fact. No matter how much Bang loved them, they were the golden ticket he’d worked his entire life to find.
          Namjoon was let into the conference room, where Bang and the team of BigHit lawyers sat, as well as a few people from marketing. Joon bowed, gave his greetings and sat down.
           “Namjoon, how are you?” Bang asked.
           “Fine, thank you, and you?” Namjoon was always polite, overly so.
           “Good, how’s Y/N?” Bang inquired.
          Namjoon cleared his throat, uncomfortable with the mention of his secret partner. “She’s great.”
          “Good, now, we wanted to speak to you about Jungkook,” Bang said, directing Namjoon’s gaze to the screen mounted on the wall. A slide show of Jungkook’s misgivings began to play. Namjoon cursed silently. This was the meeting they were having.
           “Alright,” Namjoon glanced down from the screen to his bag, where he pulled out and opened his notebook, pen poised at the ready.
           “We’re concerned with his displays of disobedience,” Bang continued.
           “Can you be more specific?” Namjoon asked.
           “The tattoos, the hair colors, the collaborating with less desirable artists, his refusal to participate in V Lives, his general disregard for the rules, and the growing alcoholism,” Bang listed.
           “He’s having growing pains,” Namjoon tried to level with him.
           “He is grown, he has debuted, he has a contract,” Bang said.
           “Jungkook wants to express himself, and he’s trying to find ways to do that,” Namjoon offered. Couldn’t they find a compromise? Not on the drinking, Namjoon would fully admit that was a problem.
           “Ways that are damaging to all of you,” The marketing team said, side eyeing Joon.
           “Respectfully, they are not,” Namjoon said.
           “Jimin is getting tattoos,” Bang retorted.
           “Jimin is his own person,” Namjoon rebuffed.
           “Jimin is influenced by Jungkook.”
          “We’re all influenced by one another, it’s been a decade, we spend every day together, it’s bound to happen.” Namjoon was growing impatient.
          “You were supposed to keep an eye on him, but between you and Jin, you’ve led him astray,” Bang accused.
           “I’m not sure that’s fair,” Namjoon said, breathing heavily through his nose, “Jungkook is making decisions for himself, he can decide what to do with his body. It’s his after all.”
           “The decisions he is making effect all seven of you,” Bang countered.
           “They aren’t effecting us negatively, ARMY loves his tattoos, they spend so much time trying to decipher what they mean. His entire hand is dedicated to BTS and ARMY.”
           “They do not fit the image of this company,”
           “Then why didn’t you fire him? He is always covered, always. We all are,” Namjoon shook his head.
           “Aside from the tattoos, his desire to not participate in group filmings is unacceptable, and there’s still the problem of his drinking.”
           “Have you had this conversation with Jungkook?” Namjoon asked.
           “Yes, but you need to follow through on your obligations, Namjoon,” Bang’s words cut.
           “Yes sir, I will.” Namjoon bowed.
           “Jungkook needs to know his place if he is to make it through your military service. The four of you leaving in succession will destroy everything we’ve built. Jungkook and the Maknae line will be what remains while you are serving and recovering from active duty. If Jungkook doesn’t know what his place is, you will have nothing to return to.” Bang was an absolutist. Nothing was grey, it was clearly defined or could be with a few lines in their next contract.
           “Jungkook is the best of all of us, he can handle it.”
           “He needs to stop collaborating with low charting American artists, and British pop groups formed on reality shows. It’s lowering exposure in western markets and putting a damper on sales of BTS albums. He also needs to stop getting tattoos. A full sleeve is more than enough.”
           “Sir, what will Jungkook do when he’s, thirty?”
           “Depends what his contract says.”
           Namjoon bowed his head.
           “The Maknae line needs to be prepared for when the four of you are gone. They do not have a clear leader; they spend their time giggling and joking around. Who will step up?”
           “Taehyung would be a great leader, so would Jungkook or Jimin. The Maknae work well together, as a subunit they are strong. They are excellent singers and dancers, Jungkook has excelled at creating videos, Jimin’s song writing has improved ten times over as has his leadership, and Taehyung has excellent taste, an impeccable palate as an art director. The three of them are capable of handling themselves, when Jin-hyung and Yoongi-hyung are done with service, the five of them will excel at creating their own work.”
           “Namjoon, you seem to think that people want music produced by three vocalists,”
           “Taehyung can rap, so can Jungkook.”
           “What makes you so certain they’ll rise to the occasion?” Bang asked.
           “They have to and they will,” Namjoon said, voice determined.
           “Good, now, your contracts are coming up in a few months, and we need to look at a few details,” Bang motioned for the legal team to join, and they passed Namjoon a copy of their current contract. The marketing team left quietly, bowing and slipping out the door almost unnoticed.
           “Shouldn’t Jin be here? Or the other members?” Namjoon asked, eyes scouring the familiar pages. “I don’t think I should be the lone member in these negotiations.”
           “You’re the leader,” Bang stated.
           “It’s their careers and futures, sir,” Namjoon bowed his head, unwilling to show any disrespect.
           “The decision was made that you were the leader, are you not?”
           “I am but –
           “But nothing, you are the liaison, you will communicate any changes in your contracts to them before they come in to sign them.” Bang said. The lawyers nodded in unison.
           “Are there changes?” Namjoon asked.
           “Yes, we have put a note by all the changes, take a minute to read them.” One of the lawyers said.
           Namjoon glanced at the notes sticking out, how could there be so many changes? His eyes glanced over the first change.
           Heretofore, no member of BTS may publicly or privately engage in romantic relationships with members of the same or opposite sex. Promiscuous or philandering behavior will not be tolerated and could result in expulsion or a financial penalty.
           Any article, Tweet, TikTok or Instagram post about any relationship that a BTS member is engaging in will result in said member paying the fee for scrubbing said incident from the media and any subsequent scandals or fines.
           He read it again.
           “Why this change in relationship status?”
           “It’s not a change, but a clarification,” A lawyer said.
           “A clarification of what? That if anyone is attracted to the same sex, they can’t be with them?” Namjoon raised his eyebrow, unsure who told Bang the Kinsey scale leanings of the seven members.
           “It is to cover all bases,” The lawyers ensured. “To prohibit unfavorable pairings, pregnancies, diseases or most likely, scandals.”
           “How much is this fee?” Namjoon asked, eyes wide.
           “Depends on the member, some ten thousand, others, hundred thousand,” One of the lawyers said.
           “What about me?” He whispered.
           “Your contract continues to state that you are allowed to date as long as it is kept 100% in secret, absolutely private, and should you break up, she signs an NDA stating that she will not speak ill of you, your relationship, BTS or any members in perpetuity. Should she break this agreement, a fine of one million dollars will be paid.” Another lawyer answered.
           Namjoon nodded, the agreement of your relationship had caused a lot of fights, a lot of bickering, a lot of tears. Namjoon had to be certain you were the one in order to get Bang to let him even take you out or call you.
          Namjoon adjusted his glasses before moving to the next note.
           BigHit remains the sole proprietor of all content, music, lyrics, and productions created by BTS. This includes all solo work created on company property, with company studios and materials. All artwork, publishing rights and revenue belongs in perpetuity to BigHit. BTS members have access to their catalogue and revenue through BigHit’s legal team and through written permission from management. All recordings, voice memos, music videos and song samples used in any BTS created content may not be used by any members for solo projects not produced by BigHit.
           Namjoon read the words over and over. He glanced at their old contract, noting the slight changes in the paragraph from their previous agreement.  
           In perpetuity to BigHit.
           Everything they’d ever made, everything they’d ever done, from debut to now, belonged to BigHit. This wasn’t new information, this wasn’t shocking, but in perpetuity, forever and ever and ever… Namjoon couldn’t wrap his head around it.
           “Can I take this home?” Namjoon asked, looking at the team, a cold sweat coating his back.
           “Both copies?” A lawyer asked hesitantly.
           “I need to read through it, to process it, I need a little time, if allowed,” Namjoon cleared his throat.
           “Fine, bring your thoughts to our next meeting. You all must sign this before your current contract is up, and before one of you leaves for Military Service. You have a week,” Bang and his crew stood up, and Namjoon followed suit, bowing before collecting his items.
           As he entered the dorm, he noted the chaotic calm of their living quarters. Though they drifted from their own apartments into the shared space, it was common that in the evenings they would share a meal, watch a movie or play games together. Jungkook was trying to beat Yoongi in some video game, Jin was laughing with Ho-Seok and Taehyung, and Jimin was vocalizing in the kitchen, making what looked like a cup of tea. Namjoon nodded at them waving hello before disappearing into his room.
           He sat at his desk, looking at his blossoming plants, and pulled the papers out, moving from the first few pages to the next tabs.
           He found the corresponding paragraph in their current contract and compared.
           Their current contract stipulated that BTS would be credited as producers only on tracks they produced a minimum of 50% of. The new contract stipulated that they had to produce 75% of the track in order to receive credit.
           The next line stated that lyrical credits only went to artists that wrote 2/3 of the lyrics of every song, rap lines included. The remaining percentage went to the producer.
           Namjoon stared at the page. How would that be possible, with seven members, to receive credit for anything? As he continued reading, he found himself growing angrier and angrier at every page. He knew he’d signed his life away; he knew it years ago. But this? This was tearing his limbs off his body and feeding it to the wolves.  
           He picked up his phone and called you.
           “Hey babe, what’s up?” You asked, chipper disposition finding a way to travel across the globe to Korea.
           “The new contract is, it’s fucking awful,” Namjoon said, dropping his pen and running a hand through his hair.
           “How could it be worse?” You questioned. “It’s like, two hundred pages of absolute bullshit.”
           “The phrase in perpetuity has been used more than once,” He said.
           “No!” You gasped.
           “They added new language about dating and relationships too,” Namjoon told you.
           “With the sub section that you, as leader, have been afforded this one privilege over the others?” You inquired, setting your sleepy-time tea down.
           “You know that’s only in my contract,” He said, a faint smile on his lips.
           “Still, they aren’t changing that?” You hinted at your worry.
           “I’m surprised they haven’t put more stipulations on it: Namjoon can date but only Korean women of a certain age and height,” He laughed darkly.
           “Namjoon can date but cannot spend the night or engage in sexual activity, or any activity that could lead to the creating of a child, including jacking off in a hot tub,” You deadpanned.
           “Namjoon can date, but only if she has no idea who BTS is,” Namjoon chuckled.
           “Hmm, seems like you’re going to an indigenous tribe with no internet,” You suggested.
           “I just want you,” Namjoon whispered.
           “I know, babe,” You said. “tell me more about the contract.”
           “I don’t know what to do, it’s iron clad, they’ve got us where they want us, and they won’t let go,” He sighed heavily, already exhausted and he hadn’t moved past the fifth post-it.
           “They’re trying to get everything they can from you before you guys go serve,” You stated.
           “It just seems so, degrading.”
           “That they want all these things from you?” You asked.
           “That they think they can control us,” Namjoon said.
           “I thought they did,” You replied.
           “I, yeah, yeah they do.” He sighed again, his heart weighing heavy.
           “So, what’s so different about this time?” You asked.
           “They only ever negotiate with me, they never speak to the other guys,”
           “And?” You pressed.
           “And, I have to read this, ask the lawyers questions, and present it to the guys. They’re going to absolutely shit themselves. It literally says that members are required to complete a minimum of six hours of V Live per year, with a bonus given every additional hour completed,”
           “What?” Your gasp was beyond audible.
           “And, if a scandal ever arises, we have to pay to have it wiped from the media.”
           “I mean, okay, that one I can see making a little sense.”
           “Someone must’ve tipped them off to who we’re attracted to, because there’s a new stipulation that you can’t date any one of any sex, period.”
           “Shut up! They can’t do that!”
           “Oh, they did,”
           “Holy fuck, they did… Who told?” You asked.
           “No idea, but they’re going to be so angry,” Namjoon agreed.
           “The discrimination…”
           “The worst part? They own everything,” Namjoon said.
           “Is that different?” You wondered. Namjoon had asked you to read over the contract years ago, when it was up for another negotiation. You’d asked your dad to take another look, his expertise in the industry proving to be useful. He didn’t have anything to say other than he felt bad for BTS, no rights, no representation, no ability to change the situation.
           “In perpetuity, no chance to buy it back, no chance to own anything we’ve ever created, from debut to now.”
           “Oh Joon,” You could hear the despair in his voice, the anguish, the hurt. Everything he’d ever worked for wasn’t his, and he knew it never would be.
           “I feel so, responsible, like everything’s my fault,” Namjoon said dejectedly.
           “Well, are you?” You pushed.
           “It didn’t used to be this way. I mean, it did. They picked me first, they chose me to start this whole thing. They wanted me to help create this band that could be the next big thing. It was all I wanted, to rap, to make music, to help people heal through music, like I did. I had influence on who they put in the group, on why we have seven members instead of five or three… they listened to me, my vision… It was my group; sure, they pulled in Seokjin and gave me a list of people to look at… but BTS was mine. I signed the first contract, I read the terms and conditions, I signed us up for this.”
           “Namjoon, you didn’t know,” Your heart was breaking.
           “I knew better than to sign it all away,” His voice cracked.
           “You were a child, Joon, a child,” You told him.
           “I knew-
           “No, you didn’t, they preyed on you. They used your insecurities, your desolation, your pain, and they fucking groomed you to need them, to be indebted to them. They did this to you.” Namjoon listened as you started crying, your words trying to speak the truth he couldn’t see.
           “But I signed the contract,” Namjoon said. “It was impossible that we’d be anything.”
           “You became everything,” You said.
           “I signed their lives away, our rights, our work… I signed Jungkook,” Namjoon hadn’t realized the tears that had started falling. He let the weight of his statement run through him as the tears, like a winter storm, didn’t cease. “I signed Jungkook’s future away. He has nothing because of me.”
           “Namjoon,”
           “He can’t ever have a wife, he can’t have a family, he’s working himself to an early grave, he has no ability to understand what life is like outside of this, no ties to who he is as a person because he doesn’t know. Jungkook is an amalgamation of the six of us, he isn’t even his own! Nothing is his, and it’s my fucking fault.”
           You listened to Namjoon’s cries, his sobs giving way to the dark thoughts he’d been avoiding for years. You listened to your cries mixing with his, distress flowing between receivers. You listened as he tried to rationalize it, tried to make sense of the damage he’d done. But he couldn’t, and you didn’t have anything to offer.
           “Can you talk to Seokjin or Yoongi?” You whispered, Namjoon’s sobs subsiding.
           “I’m not supposed to,” Namjoon said in between ragged breaths.
           “Fuck supposed to, do you want to talk to them?”
           “Yeah,” He said, sniffling the chunks of snot back into his nasal passages.
           “I think it would be good, healthy for you to share this burden with them. You can’t carry this alone, Namjoon, not anymore,” You encouraged.
           “I know,”
           “Please, talk to them.” You said, voice soft.
           “I will, I will.” Namjoon promised.
           “I love you, Kim Namjoon, endlessly,” You said, the declaration firm and exact as it flowed from your lips. It punctured the air around Namjoon, and he glanced to the singular photo he had framed of you.
           “I love you too, endlessly.” He whispered.
           As he hung up, eyes drifting towards the papers on his desk, he realized the saving grace of clandestine meetings: no one expected you to show their truth.
Next: A Million Little Times
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jasonvtodd · 5 months ago
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likely going to be my last week working at my work. and my manager just asked me if I can work today... and I really want too and I need the money like BAD.. but she's only given me like a little over an hours notice... and I already had in my head I have today off to relax and tomorrow I've got important hospital appt at 8am... and yeah I do have another day off after tomorrow.. which again... is actually shit and I needed more shifts but lmao ffs you couldn't have been more organised and done our rota correct the first time? like if you'd told me I was working today fantastic yes good! my adhd and other shit just don't deal with this sorta shit lads!!!
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smartcontract-srtekbox · 6 months ago
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CONTRACT LIEFCYCLE MANAGEMENT SOFTWARE: 6 QUESTIONS YOU NEED TO ASK
Contracts are the veins of a company. Statistically speaking, contractual agreements account for 60% to 80% of modern business transactions. Only 16% of organizations have developed a CLM system while the rest are still following the equivalent of old-school contracting, where there is no concrete contracting strategy and limited visibility of key contract issues. Without proper functioning and maintenance of contracts one can suffer business and revenue losses on a substantial level. For every business, managing contracts and obligations have now become a critical task. Paper based contracts make one’s job frustrating and difficult. With the age of digitization what once was done in an hour can be resolved in minutes, and so contract management softwares came into being.
Contract Lifecycle Management Solutions like smartContract are now getting popular by the day. They have become a savior in this world of chaos, with streamlined workflows, dynamic dashboards and obligation management modules. A Contract Lifecycle Management (CLM) software can give you an insight into contract data, ability to collaborate, time and cost savings and better decision making ability through low risks. The utility of a CLM solution depends on how business information from those contracts are extracted, analyzed, distributed and queried by the people who actually have to administer and monitor the signed contracts. Maximizing their utility means transforming contract language into concise, easy to understand information that helps decision makers not only increase productivity but also provide better results.
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smartcontract-srtekbox · 6 months ago
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As the need for automation is increasing, the demand for Contract Lifecycle Management solutions is also growing. According to a study by IACCM, more than 70% of the international corporations considered contract management as a “major or significant source of operational weakness” and that improvement in the field can lead to better risk management and prevent revenue leakages. People are after faster and more streamlined workflows while maintaining the integrity of the results. Like faulty pipes lead to leakage of water and causing mayhem, similarly faulty organizational processes and inefficiencies can result in revenue leakage, which may amount to a hefty sum of money.
Studies show that organizations on average lose an estimated 9% of annual revenue due to their inability to manage contracts. The most common causes of revenue leakage nowadays are due to missed deadlines, contract plotholes, skipped renewal and inconsistent workflows. A revenue leak may go unnoticed until it has reached a 5% impact on the overall bottom line of the organization. But, all leaks eventually add up and can create a havoc; even a leak as small as 2% means a revenue loss of $1M for an organization earning $50M annually! These reasons are major contributors as to why your revenue-producing initiatives falling through the cracks.
While the specific causes of revenue leakage vary from an enterprise to another, they are commonly rooted in a lack of transparency, automation, and accountability for tasks and projects that have financial impact on an organization.
Contract Storage and Authoring: Costly mistakes occur newly agreed upon drafts and agreements get lost in old cabinets and drawer. Incorrect data can lead to expensive invoicing, pricing, and renewal errors, and increases compliance risk. These risks increase when only one person is responsible for the drafting.READ MORE>>>
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smartcontract-srtekbox · 6 months ago
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In today’s world, businesses rely heavily on contracts. Especially in B2B relationships, doing business on the basis of a verbal agreement and a handshake doesn’t work when business relationships are now fully electronic and digital. CLM vendors have improved their products’ usability with an average rating of 4.14 for administrator usability and for end user usability, rising from an average of 3.68 in 2016 to 4.12 in 2018, according to a report by Andrew Bartels, Forrester Research Group VP and Principal Analyst.
The improved versatility of hosted solutions and affordable cloud-based services has led to many companies pursue a complete digital transformation of their business model. This change is especially prevalent in legal organizations which need newer and more innovative ways to manage their contracts. Forrester expects contract lifecycle management software market “to grow by 18% in 2018 to more than $1 billion in revenues,” with Cloud the dominant deployment model (Cloud deployments are increasing at a rate of 30% year-over-year).
Two critical factors that have led to the sudden spike:
Cloud Computing
Internet of Customers
Traditionally, the software would generally be purchased outright and loaded onto a device as an on-premise solution. This led to the lagging of speed and maneuverability which became necessary to match the constantly changing business and legal needs of most enterprises. The inability to meet customer needs and a dependency on IT to keep the solution afloat made CLM a source of frustration and complexity. A second stimulant pulling enterprises towards adopting contract management solutions is a changing relationship between customers and companies; which has now become highly personalized and interactive two-way relationship.
READ MORE>>
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smartcontract-srtekbox · 6 months ago
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THE NEW AGE CONTRACT LIFECYCLE MANAGEMENT SOLUTION!
Organizations nowadays are striving towards digitalization and getting rid of massive stacks of paper, endless rows of filing cabinets, and clunky, ineffective ways of managing. Everyday a company deals in stacks of contracts and traditionally the management of these documents has been disjointed at best. Contract Lifecycle Management comes in to rescue with systematically & efficiently managing the contract creation, negotiation, execution and analysis for maximizing operational and financial performance.
According to a recent survey this need for streamlining workflows is expected to expand from a $1086 million to $3167 million industry — more than tripling in value — within the next six years. The compound annual growth rate for the contract management solutions industry is predicted to be a healthy 16.65%.
We present to you smartContract – the complete CLM solution! It is an intuitive Contract Lifecycle Management Solution from SR Tekbox, which helps you automate your contract management processes. smartContract enables organizations to create, store, edit and manage any type of business to ensure transaction compliance for the terms agreed to in those contracts.READ MORE>>>
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smartcontract-srtekbox · 6 months ago
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NEED FOR CLM IN BFSI SECTOR
Over the last decade, the Banking, financial services, and insurance (BFSI) sector has taken steps to improve customer service through efficient, easily accessible and digitally advanced products and services. This has happened through digital transformation. Remember the time when for anything and everything, you had to run to your bank and wait in endless queues. The banking industry has undergone a complete digital transformation enabling us, to complete all transactions quickly & swiftly. In fact, we are discouraged from visiting our banks anymore and everything can be done through mobile apps/ net banking. The speed with which technological changes have been implemented by BFSI industry is commendable.
However, considering the dynamic environment in which BFSI sector has to sustain and keep on their toes to meet the ever changing statutory compliances, it is surprising to note that they are lagging behind in their lifecycle management of the contract processes.
Contracts are the foundations of any business. They govern all business operations from standard rental agreements to complicated hedging contracts & consortium contracts. Contracts are also vital for regulatory compliance and risk management; as they provide visibility into every aspect of an organization’s operations; like where it is doing business, with whom, under what terms, and for what purpose. And the lack of attention of risk & compliance can give unwanted invitations of heavy penalties. Yet, it is sad to note that the majority of the BFSI sector continues to manage contracts in separate repositories  – with contracts sitting in silos- either by geography, business function or contract type.
Contract Management Technology enables organizations to automate and streamline all aspects of the Contract Life Cycle to increase visibility, compliance and contracting velocity. Enterprises approach to contract lifecycle management also mitigates the risks of losing revenue due to lost time, money or potentially damaged reputation.READ MORE>>>
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