PandaTip: This model was designed to work for each sponsorship contract. To add specific details to your event, simply click on one of the text areas. While it may be tempting to have a boiler platform agreement, it is always best to tailor the details for each participating sponsor to include the peculiarities. There is therefore no room for misunderstandings. The first thing you should do when you create a sponsorship contract is to consult a lawyer. This contribution is designed only as information and should not replace the advice of a lawyer. However, the basics of a sponsorship contract often include: the organizer and sponsor here matter agree to enter into this sponsorship agreement by signing their respective signatures below. 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. 8.2 This agreement is governed by the laws of the state of the state and is enforced in accordance with the laws of the state [name of the state] that apply to agreements that have been and are implemented throughout that state. This form was written only for general information purposes. This is not legal advice, advertising, solicitation or tax advice. The transmission of this form and the information it contains is not intended to create a legal and client relationship, and their receipt does not constitute a legal and client relationship. You should not rely on this document or information for any purpose without seeking the assistance of a properly authorized lawyer, including, but not limited to, the verification and advice on the terms of this form, the necessary authorizations in connection with the transactions provided for in this form and all the securities laws and other legal matters provided in this form. Sponsorships provide credibility and financial support for your events. A well thought-out sponsorship sales contract will provide the legal contract necessary to make both parties happy. They avoid confusion, build stronger relationships and look forward to continued support for future events. Properly crafted agreements are the glue that keeps your sponsorships together, so that both parties can participate without worry.