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This document is essential for broadcasting arrangements in Pakistan where a station owner wishes to delegate broadcasting time to a third party while maintaining regulatory compliance. A Time Brokerage Agreement sets out the framework for the broker's use of the station's broadcasting time and facilities, including specific time slots, programming requirements, and compensation terms. It ensures compliance with PEMRA regulations and the Pakistan Broadcasting Corporation Act, particularly regarding content standards and operational control. The agreement is commonly used when station owners seek to monetize their broadcasting capacity while retaining their license obligations, or when broadcasters want to expand their reach without acquiring additional licenses. It includes detailed provisions for regulatory compliance, technical standards, revenue sharing, and emergency protocols specific to the Pakistani broadcasting environment.

1. Parties: Identification of the station owner/licensee and the broker, including complete legal names and addresses

2. Background: Context of the agreement, broadcasting status, and regulatory compliance statements

3. Definitions: Key terms including Broadcast Time, Station Facilities, Programming, Revenue, Operating Expenses, and Regulatory Requirements

4. Grant of Broadcast Rights: Specific time periods granted to broker and scope of broadcasting rights

5. Term and Termination: Duration of agreement, renewal terms, and termination conditions

6. Programming Requirements: Content standards, compliance with PEMRA regulations, and programming restrictions

7. Operating Standards: Technical requirements, quality standards, and maintenance obligations

8. Compensation and Payment Terms: Fee structure, payment schedule, and revenue sharing arrangements

9. Regulatory Compliance: Obligations to comply with PEMRA regulations and other applicable laws

10. Station Control and Personnel: Retention of ultimate control by licensee and staff responsibilities

11. Intellectual Property Rights: Ownership and usage rights of content and station materials

12. Representations and Warranties: Standard assurances from both parties regarding authority, compliance, and capabilities

13. Indemnification: Mutual protection against claims and liabilities

14. Insurance: Required coverage and policy maintenance

15. Governing Law and Dispute Resolution: Pakistani law application and dispute resolution mechanisms