Exclusivity: To ensure your influencer isn’t simultaneously promoting your competition.
Usage Rights: One of the biggest benefits of having a solid influencer marketing program is that you get a bunch of great content from it. Make sure your influencers know that you want the right to use their content for any repurposing you see fit.
Deliverables: Include any deliverables you and your influencer have agreed to. Ex. number of posts, dates, syndication, etc.
Timeline for Deliverables: Ensure mutual understanding of the expectations regarding the timeliness of the collaboration.
Cancellation: The notice either party must provide if they do not wish to see the collaboration through.
Confidentiality: Ensures that both parties confidential information is held private.
Approval Process: Outlines whether or not the influencer must submit their content for approval prior to uploading.
FTC/ASA Responsibility: Make sure you cover yourself with the FTC. This means informing the influencer that you, as an advertiser require them to use some sort of indicator that they have been gifted product or paid in a sponsorship relationship with the brand. Typically, this is #ad, #sponsored, or #paid.
Compensation/Payment: The compensation structure should be clear and the payment schedule needs to be easy to interpret.