Sample Sponsor Agreement
Note: This is only a sample and is not intended to substitute for an agreement prepared by or advice given by your attorney.
General. The sponsor hereby agrees to sponsor the event [the Event] described in the proposal [the Proposal], a copy of which is attached hereto as Exhibit A and is incorporated herein by this reference. The Sponsor agrees to provide to [Event Name] the following in-kind services and/or pay the following fees:
[list event sponsorship, i.e., gold sponsorship and cost]
In consideration therefore, [event name] shall provide Sponsor with the benefits described in the Proposal. [Event name] may adjust such benefits, substitute benefits or provide other benefits with the approval of the Sponsor.
Payment. cash payments are due as follows: ____percent on or before ____, 200_ and the balance due on or before _________________________, 200_. Failure to pay fees when due may result in termination of this agreement. In-kind services shall be scheduled in writing by representatives of [event name] and Sponsor.
Limitation of Sponsorship. Unless otherwise provided, the cash or services and the Sponsor benefits described in this agreement are related solely to the [event name] to be held _________, 200_. Assuming the Event is continued in 200_, the Sponsor shall have the first right of refusal to continue Sponsor's involvement in the Event on such terms as Sponsor and [event name] shall agree.
License and Usage. Sponsor hereby grants [event name] a limited, non-exclusive license to use Sponsor's trade names, trademarks, service marks and other proprietary information [the roprietary Information ] owned by the Sponsor. [Event name] agrees that the Proprietary Information will be used only in connection with the 200_ Event to provide the benefits set forth in the Proposal and such other benefits as Sponsor and [Event name] may agree. [Event name] use of the Proprietary Information is subject to the approval of the Sponsor designated representative, which approval will not be unreasonably withheld.
Sponsor Understandings. Sponsor understands as follows: the dollar values set forth in the Proposal are estimates are based upon general sponsorship information available to [Event name]; the audience multiplier is based upon estimates of [Event name] attendance and actual attendance figures may vary materially. No portion of the sponsorship cash payment or in-kind services are subject to being refunded for any reason except as provided herein. Sponsorships are not exclusive unless otherwise set forth in the Proposal.
Termination. [Event name] may terminate this contract on 30 days written notice. In the event of termination for any reason other than failure to provide contracted fees or services, [Event name] may substitute an event with equivalent benefits with the approval of the Sponsor or shall refund any cash fee received from Sponsor by [Event name]. Sponsor shall not terminate this agreement without the approval of [Event name].
Amendments. This agreement may be amended only by a written instrument executed by both parties.
Miscellaneous. This agreement is governed by [insert state] law and is binding upon all of the parties successors and assigns.
Dated: _____________ Dated: _____________