A25 McLaren

# **McLaren Artist Car-Share Program Agreement**

**Organized by Slap Magazine**

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## 1. **Parties**

This agreement (“Agreement”) is entered into by:

* **Organizer:** Slap Magazine (“Organizer”)

* **Participant:** \[Artist Name] (“Artist”)

Effective Date: \[Date]

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## 2. **Purpose**

The purpose of this Agreement is to define the terms of the **McLaren Artist Car-Share Program** (“Program”), a 36-month joint project where 20 artists collectively finance, share, and utilize a McLaren vehicle for marketing, content creation, appearances, and revenue generation.

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## 3. **Term**

The Program runs for **36 months** beginning on \[Start Date] and ending on \[End Date], unless terminated earlier as provided in this Agreement.

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## 4. **Financial Contribution**

* Each Artist agrees to pay **\$200 per month** for 36 months (total commitment: **\$7,200**).

* Payments are due on the 1st of each month and collected via \[CashApp / ACH / agreed method].

* A **shared maintenance and insurance fund** is included in the monthly contribution.

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## 5. **Usage Rights & Rotation**

* Each Artist is entitled to **2 consecutive days of vehicle usage every 8 weeks** (or as otherwise scheduled by Organizer).

* Scheduling will be done via a shared calendar.

* Usage is strictly limited to legal purposes:

* Music video shoots

* Photo shoots

* Club or promotional appearances

* Approved rentals coordinated through Slap Magazine

* Reckless driving, street racing, or unauthorized lending is prohibited.

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## 6. **Replacement & Withdrawal**

* If an Artist can no longer participate, they must provide **30 days written notice**.

* Organizer will seek a replacement participant.

* Replacement must pay a **buy-in fee** equal to the remaining balance of the term.

* The exiting Artist may be charged a **\$200 administrative fee** for contract transfer.

* Until a replacement is confirmed, the Artist’s time slot is frozen and redistributed among remaining Artists.

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## 7. **Liability & Damages**

* All Artists must maintain a valid driver’s license and be added to the insurance policy.

* Any damage occurring during Artist’s scheduled time is their financial responsibility (not covered by insurance).

* Organizer may require a refundable damage deposit before usage.

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## 8. **End-of-Term Buyout**

At the end of the 36-month term:

* Slap Magazine has first right to purchase the McLaren at the lease buyout price.

* Ownership of the vehicle transfers to Slap Magazine.

* Artists who complete their full term will receive:

* **Priority booking rights** for future usage.

* **Discounted rental rates** for appearances and shoots.

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## 9. **Monetization & Revenue Sharing**

* Organizer may monetize the vehicle through rentals, sponsorships, or branded appearances.

* Net revenue will first cover monthly costs and then be used for group marketing or vehicle upgrades.

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## 10. **Code of Conduct**

All participants agree to:

* Respect usage schedule and other artists’ time.

* Promote the Program on social media when using the vehicle (tagging Slap Magazine).

* Follow all traffic laws and maintain vehicle cleanliness.

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## 11. **Termination**

Organizer reserves the right to terminate an Artist’s participation for:

* Non-payment (two missed payments)

* Violation of code of conduct

* Misuse or damage to vehicle

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## 12. **Governing Law**

This Agreement shall be governed by the laws of \[Your State].

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## 13. **Signatures**

**Artist Name:** \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

Signature: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

Date: \_\_\_\_\_\_\_\_\_\_

**Organizer (Slap Magazine):** \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

Signature: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

Date: \_\_\_\_\_\_\_\_\_\_

Screenshot it and send a copy

📲 DM **@SlapMagazine1** on Instagram with:

* Name / Artist Name

* City & State

* Music Links or Portfolio

* Why you want to be part of the Warmap

Or email: **[slapmagazineinfo@gmail.com]

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