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Contracts

AGREEMENT entered into this 24th day of January, 1956 between JAMBOREE ATTRACTIONS and ELVIS PRESLEY And The Blue Moon Boys hereinafter called the EMPLOYER.

1. The EMPLOYER hereby warrants that he is the EMPLOYER herein at the present time and for the duration of this contract and enters into this contract with JAMBOREE ATTRACTIONS for the presentation of the ELVIS PRESLEY SHOW, starting February 5, 1956, through February 26, 1956, opening at Richmond, Virginia, February 5, and closing in Pensacola, Florida, on February 26, 1956 FEATURING ELVIS PRESLEY And The Blue Moon Boys, MOTHER MAYBELLE & THE CARTER SISTERS, WITH MISS JUNE CARTER, THE LOUVIN BROTHERS And The Alabama Sandusters, JUS-TIN TUBB, and BENNY MARTIN
For a period of 18 days commencing February 5, 1956,
Performance to be presented at Theatres, Auditoriums, Etc.

No other talent is to appear on this show date other than those listed above. JAMBOREE ATTRACTIONS re-serves the right to substitute talent of equal value other than the stars of the show. In the case of sickness of the star such star to be replaced with a star of equal value.

2. In consideration of the above the EMPLOYER agrees to pay to JAMBOREE ATTRACTIONS, Compensation as follows: Scale for the Blue Moon Boys, Mr. PRESLEY participating as a partner under the following terms: All promotion, talent cost, advertising expenses, window cards, newspaper, radio, agents’ expenses, 15% agency commission to be deducted off the net receipts. MR. PRESLEY is to fur-nish talent, and after all expenses have been deducted, MR. PRESLEY to receive 50% of the net balance, and ALL STAR SHOWS to receive 50% of balance payable in cash on date of the show and prior to performance. Show is to be paid rain or shine. All deposit checks to be made payable to JAMBOREE ATTRACTIONS. Advertising material to be sent after deposit check has cleared.

3. The EMPLOYER agrees to furnish suitable auditorium, hall, or theater, sound system, stage hands, ticket takers and pay for same. EMPLOYER agrees to pay all advertising, radio, and newspaper costs and all city, state, federal, and county taxes and licenses if any.

4. It is understood that JAMBOREE ATTRACTION SHOWS will have the free privilege to sell its souvenirs, novelties, songbooks and photos at all shows.

5. If compensation is based upon a percentage of receipts the following conditions apply: A representative of JAMBOREE ATTRACTIONS shall have free access to the box office and may inspect and audit the records of the EMPLOYER covering the sale of tickets, receipts, disbursements, etc., for such performance and shall have the right to have a representative in the box office at all times and to collect and examine the tickets of admission.

6. Admission prices must be approved by both parties.

7. It is mutually agreed by both parties that if either party to this agreement should be unable to carry out the terms of this agreement by reason of accident or death, strikes, or any acts of Providence then and in that event neither shall be held liable upon this agreement.

8. It is understood that EMPLOYER is in good standing with the American Federation of Musicians local in the community.

9. Special terms Financial expenses for this tour to be absorbed by ALL STAR SHOWS

IN WITNESS WHEREOF, we have signed this agreement in the day and the year first written above.

ELVIS PRESLEY /s/ Col Tom Parker
Name of EMPLOYER

1414 Getwell Street
Address of EMPLOYER

Memphis, Tennessee
City and State

48-4921
Phone

Details: Written by: tigerman; Category: Contracts; Published: 03 April 2023

Contracts

January 2, 1967

Mr. Elvis Presley
3764 Highway 51 South
Memphis, Tennessee

Dear Elvis:

As per our understanding on the telephone a few weeks ago here is the amended agreement pertaining to our existing management agreement. The following will be effective as of this date, January 2, 1967:

The regular 25% management commission on existing contracts, their renewals, and new contracts that may be negotiated and completed, will remain the same on all the flat payments.

As of this date on all existing contracts except the music firms contracts, all overages on royalties other than the guaranteed payments now in effect, and profit participations on any contracts now in existence and their renewals, will be 50% to Elvis Presley and 50% to All Star Shows on all overages and profits. All expense payments will be 50% to Elvis Presley and 50% to All Star Shows.

If any agency commissions are to be paid on any contracts this commission will be deducted before division of royalties and profits is made.

The merchandising agreement will remain the same as now in existence.

Regular music firm payments will remain the same as in the past.

Details: Written by: tigerman; Category: Contracts; Published: 03 April 2023

This is a very important piece of memorabilia, sold at auction in June 2010 for a staggering USD $25,000 against an original estimate of USD $4,000- $6,000. Hard to imagine a more significant contract between artist and manager in the history of popular music, save for Brian Epstein's link up with the Beatles.

Elvis and Colonel Tom Parker's original 1956 Management Contract. Enjoy !

The contract reads:

March 26, 1956

Col. Thomas A. Parker
Box 417
Madison, Tennessee

Dear Sir:

In consideration of the sum of One Dollar and other good and valuable consideration, each of us to the other in hand paid, receipt of which is hereby acknowledged, it is hereby agreed as follows:

1. Under date of November 21, 1955, the undersigned, ELVIS PRESLEY (together with his parents MR. AND MRS. VERNON PRESLEY) entered into an agreement with you, under which you were engaged by ELVIS PRESLEY as his sole and exclusive Advisor and Personal Representative, upon the terms and provisions contained in said agreement, and except only as modified and expanded in this agreement, said agreement dated November 21, 1955 is hereby ratified and confirmed.

2. The undersigned, ELVIS PRESLEY, having since reached the age of 21 years, hereby represents, undertakes and agrees as follows:

(a) ELVIS PRESLEY hereby represents that, other than said agreement with you dated November 21, 1955, he has no other agreements or commitments of any kind with any other person, firm or corporation under which any other person may act as his Advisor, Personal Representative or Manager,

(b) To the extent that said agreement does not already so provide, ELVIS PRESLEY hereby engages you as his sole and exclusive Advisor, Personal Representative and Manager in any and all fields of public and private entertainment, and embracing any and all branches thereof now known or hereafter coming into existence, upon all of the terms and provisions which are contained in said agreement dated November 21, 1955; and said agreement is hereby amended accordingly,

(c) During the term of said agreement dated November 21, 1955, ELVIS PRESLEY agrees that only you shall act as his Advisor, Personal Representative and Manager in any and all fields of public and private entertainment now known or hereafter coming into existence, to the full extent as covered by said agreement dated November 21, 1955 and this amendment thereof; and said agreement dated November 21, 1955 is hereby amended accordingly.

Very truly yours,
/s/Elvis Presley
Elvis Presley

AGREED TO:
/s/Col. Thomas A. Parker
Col. Thomas A. Parker