There are different types of distribution agreements, although most of them contain similar provisions. What is the most appropriate regulation for your business? Participation often varies greatly from one sponsor to another, from a company that simply supplies products to a venue, to a sponsor who, with keynote speaker, entertainment or catering, offers a large sit-down dinner until the designation of an establishment, program or event. The more complicated the participation, the more important the sponsorship contract becomes. PandaTip: The text blocks in the template below allow you to insert details about your sponsorship, including the benefits you offer to the sponsor and all the items they need to provide to your team as part of the sponsorship agreement. Whether you are the sponsor or Sponsee, you should write down your sponsorship agreement to protect yourself in the event of a dispute. In the event of a disagreement, the parties refer the matter to an independent arbitrator appointed by mutual agreement. This sponsorship agreement was concluded from [Agreement. Date] between the following entities, collectively called “the parties”: [Sender.FirstName] [Sender.LastName] (Sponsor) [Client.FirstName] [Client.LastName] (Promoter) This document is a legally binding sponsorship agreement between the parties listed above. We have already mentioned the non-competition clause, but it goes beyond exclusivity. It describes the specifics of your agreement and the exclusive rights to which a particular sponsor might be entitled on the basis of the package it has acquired.
For example, a sponsor may have the exclusive right to have their logo on stage or be the only food seller authorized to sell food at your event. The exclusivity clause defines the agreed terms that confer special rights on a particular promoter. Due to the extra exposure, exclusivity usually comes with a higher day price for sponsors. Make sure you clearly define the types of businesses your sponsor defines as a competitor so that there is no confusion about which companies you may or may not approach in the future. While the packages you provide describe what a sponsor buys, a sponsorship contract offers something that is legally binding. It is really helpful to make sure that your sponsorship proposals are very clear, because it allows you to base your agreement on something more solid. If your agreements are made with the same list for each sponsor, you can secure your agreements and make sure that both parties are familiar with what is expected of them and fully understand. If, for any reason, one or more of the provisions of this agreement are found to be invalid, illegal or unenforceable, this disability, illegality or inapplicability will not affect other provisions of this agreement, but that agreement is interpreted as whether these invalid, illegal or unenforceable provisions were ever included, unless the removal of these provisions would result in such a substantial change. transactions deemed inappropriate in this agreement.