4) The administrator is authorized to reserve the artist and act as the artist`s booking agent on separate terms that must be negotiated between the director and the artist and which meet the conditions generally proposed by other booking agents in accordance with industry practices. The manager will use these third-party booking agents because the manager believes that this is reasonably necessary to develop and promote the artist`s professional career. 5) The director may act as an executive producer in the artist`s recording projects on separate terms to be negotiated between the manager and the artist and which meet the conditions generally proposed by other booking agents, in accordance with industry practice. 10) After the termination of this contract or the expiry of the term and the lawsuit, for a period of one (1) following year; the artist will continue to become director ten (10%) The gross monthly income defined here is the gross monthly salary. 24) The manager agrees and understands that under this agreement, the manager is in a fiduciary relationship with the artist and that the manager is subject to the highest standards of good faith and loyalty. Although it is not recommended in a trading environment to do business without a contract, executives who have developed a certain relationship of trust with their clients – and vice versa – may feel that a binding contract could be detrimental to art, and therefore do not plan to devote their time to art. It is not recommended to use this method with the most trusting relationships, because money can be a very delicate subject, especially if it maintains the importance of one`s own way of earning a living. 17) Notwithstanding the above, the manager requires prior authorization from the artist for expenses in excess of $1000.00, and the manager presents estimated budget projections for expenses and revenues for each year and updates these projections from time to time, as the manager deems necessary. (a) for the duration of this agreement or an extension; Underlines both the responsibility of the manager and the artist. That is why it is important that both sides are on the same side of the leadership`s role. They should also agree on their collective expectations and goals.