Management Contract Between Col. Tom Parker & Elvis Presley (1956)
This is an update to Elvis' 1955 management contract with Col. Tom Parker. Elvis has now turned 21 and is able to contract with Parker without the signatures of Vernon and Gladys.
March 26, 1956
Col. Thomas A. Parker
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: