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What is Sponsorship Agreement?

Sponsorship Agreement A Sponsorship Agreement formalizes sponsorships for events or activities, specifying sponsorship terms, benefits, payment schedules, and promotional obligations for sponsors.



Sample template:



SPONSORSHIP AGREEMENT


This Sponsorship Agreement (the "Agreement") is made and entered into as of [Date] by and between GreenTech Summit ("Organizer") and EcoSolutions Inc. ("Sponsor"), each a "Party" and collectively, the "Parties."

1. EVENT

1.1. Description


The "GreenTech Summit" is a one-day conference focusing on sustainable technology and innovation, bringing together experts, businesses, and enthusiasts to explore eco-friendly solutions and products (the "Event"). The Event will be held on [Date] at [Venue].



2. SPONSORSHIP

2.1. Sponsorship Level


Sponsor hereby agrees to sponsor the Event at the [Sponsorship Level] level, as more particularly set forth in the attached Exhibit A ("Sponsorship Benefits"), which is incorporated herein by reference.



2.2. Sponsorship Benefits


Organizer shall provide Sponsor with the Sponsorship Benefits listed in Exhibit A in connection with the Event, subject to the terms and conditions of this Agreement.



2.3. Sponsorship Fee


In consideration for the Sponsorship Benefits, Sponsor agrees to pay Organizer a total sponsorship fee of $[Fee] (the "Sponsorship Fee"), payable according to the payment schedule set forth in Section 3.1 below.



3. PAYMENT TERMS

3.1. Payment Schedule


Sponsor shall pay the Sponsorship Fee in accordance with the following schedule:



  • [Date/Percent/Amount] – upon execution of this Agreement

  • [Date/Percent/Amount] – no later than [Number] days before the Event


All payments shall be made in U.S. dollars and are non-refundable.



4. SPONSOR'S PROMOTIONAL OBLIGATIONS

4.1. Sponsor's Marks


Sponsor grants Organizer a non-exclusive, non-transferable, royalty-free, revocable, limited license during the term of this Agreement to use Sponsor's trademarks, logos, and trade names (collectively, the "Sponsor's Marks") solely in connection with promoting, marketing, and executing the Event. Sponsor represents and warrants that Sponsor has the right and authority to grant the foregoing license.



4.2. Use of Sponsor's Marks


Organizer agrees to use Sponsor's Marks in accordance with any guidelines provided by Sponsor and not to take any action that would impair or dilute the value of Sponsor's Marks. Organizer shall provide Sponsor with samples of any materials containing Sponsor's Marks for Sponsor's prior approval. Upon the termination or expiration of this Agreement, Organizer shall immediately cease all use and distribution of materials bearing Sponsor's Marks.



5. DISCLAIMERS; LIMITATION OF LIABILITY

5.1. Disclaimers


THE SPONSORSHIP BENEFITS AND THE EVENT ARE PROVIDED "AS-IS," AND ORGANIZER EXPRESSLY DISCLAIMS ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. ORGANIZER DOES NOT WARRANT OR GUARANTEE ANY SPECIFIC RESULTS, LEVELS OF ATTENDANCE OR PARTICIPATION, OR SUCCESS OF THE EVENT.



5.2. Limitation of Liability


IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER PARTY FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, EXEMPLARY, OR PUNITIVE DAMAGES ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR THE EVENT. EACH PARTY'S AGGREGATE LIABILITY FOR ALL CLAIMS ARISING UNDER OR RELATED TO THIS AGREEMENT SHALL NOT EXCEED THE SPONSORSHIP FEE PAID BY SPONSOR TO ORGANIZER HEREUNDER.



6. TERM AND TERMINATION

6.1. Term


This Agreement shall commence on the date first written above and continue until the completion of the Event, subject to earlier termination as provided herein.



6.2. Termination for Breach


Either Party may terminate this Agreement upon written notice if the other Party breaches any material term or condition of this Agreement and fails to cure such breach within thirty (30) days after receipt of written notice thereof.



7. GENERAL PROVISIONS

7.1. Governing Law; Jurisdiction


This Agreement shall be governed by and construed in accordance with the laws of the United States and the State of [State], without giving effect to any principles of conflicts of laws. The Parties hereby irrevocably consent to the exclusive jurisdiction of the state and federal courts located in [County], [State] for any disputes arising under or in connection with this Agreement.



7.2. Entire Agreement


This Agreement, together with Exhibit A, contains the entire understanding of the Parties with respect to the subject matter hereof and supersedes all prior agreements and understandings, whether oral or written, between the Parties hereto with respect to such subject matter.



7.3. Amendments


This Agreement may be amended only by a written instrument signed by the Parties.



7.4. Counterparts


This Agreement may be executed in counterparts, each of which shall be regarded as an original and all of which taken together shall constitute one and the same instrument.



IN WITNESS WHEREOF

the Parties have executed this Agreement as of the date first written above.



_______________________ _______________________


Organizer Sponsor


GreenTech Summit EcoSolutions Inc.


By: [Authorized Signatory] By: [Authorized Signatory]


Name: [Name] Name: [Name]


Title: [Title] Title: [Title]

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Sections of a Sponsorship Agreement


In this Sponsorship Agreement, you will see the following sections:

  1. 1. Event
  2. 2. Sponsorship
  3. 3. Payment Terms
  4. 4. Sponsor's Promotional Obligations
  5. 5. Disclaimers; Limitation of Liability
  6. 6. Term and Termination
  7. 7. General Provisions


Summary of the sections:

  1. 1. Event : This section describes the GreenTech Summit, a one-day conference focusing on sustainable technology and innovation. It provides details about the event's date and venue.

  2. 2. Sponsorship : This section outlines the sponsorship level, benefits, and fees. The Sponsor agrees to sponsor the event at a specific level, and the Organizer will provide the Sponsor with benefits listed in Exhibit A. The Sponsor agrees to pay a sponsorship fee according to the payment schedule.

  3. 3. Payment Terms : This section details the payment schedule for the Sponsorship Fee. It specifies the dates and amounts due and states that all payments are non-refundable and must be made in U.S. dollars.

  4. 4. Sponsor's Promotional Obligations : This section explains the Sponsor's responsibilities regarding the use of their trademarks, logos, and trade names. The Sponsor grants the Organizer a limited license to use these marks for promoting the event, and the Organizer agrees to follow any guidelines provided by the Sponsor.

  5. 5. Disclaimers; Limitation of Liability : This section states that the Sponsorship Benefits and the Event are provided "as-is" and disclaims any warranties. It also limits each party's liability to the Sponsorship Fee paid by the Sponsor to the Organizer.

  6. 6. Term and Termination : This section outlines the duration of the Agreement and the conditions under which it can be terminated. The Agreement begins on the date it is signed and continues until the completion of the Event, unless terminated earlier due to a breach of the Agreement.

  7. 7. General Provisions : This section covers various legal aspects of the Agreement, such as governing law, jurisdiction, amendments, and counterparts. It also states that the Agreement, along with Exhibit A, represents the entire understanding between the Parties.

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