Free Advertising Event Sponsorship Agreement

This Advertising Event Sponsorship Agreement ("Agreement") is made and entered into as of [Date], by and between [Your Company Name], a company incorporated and existing under the laws of its relevant jurisdiction, hereinafter referred to as the "Company," and [Sponsor Party], a company likewise incorporated and existing under the laws of its jurisdiction, hereinafter referred to as the "Sponsor."
1. SPONSORSHIP DETAILS
1.1 The Sponsor agrees to provide sponsorship for the advertising event organized by the Company. This sponsorship may be provided in the form of monetary assistance, promotional material, or goods, as specified in the [Specific Sponsorship Details] attached hereto as Exhibit A. The sponsorship amount or value shall be [Amount/Value].
1.2 Additionally, the Sponsor agrees to adhere to any guidelines or restrictions set forth by the Company regarding the use of its name, logo, or brand identity in connection with the event. Such guidelines shall be provided to the Sponsor in writing and must be strictly followed to maintain the integrity and reputation of both parties.
1.3 The Company shall have the right to review and approve any promotional materials or advertisements created by the Sponsor for use in connection with the event to ensure alignment with the Company's branding and messaging.
2. SPONSORSHIP RIGHTS AND BENEFITS
2.1 In return for the Sponsorship, the Company shall provide the Sponsor with certain rights and benefits, including but not limited to advertisement space, public announcements, logo placement at the venue, and inclusion in event materials. The specific rights and benefits are detailed in [Specific Rights and Benefits] attached hereto as Exhibit B.
2.2 The Company shall use its best efforts to ensure that the Sponsor receives the agreed-upon benefits in a timely and satisfactory manner. Any issues or discrepancies regarding the fulfillment of sponsorship rights shall be promptly addressed and resolved by the Company in consultation with the Sponsor.
3. PAYMENT
3.1 The Sponsor shall pay the agreed sponsorship amount in [Installments/Full] by [payment deadline]. Failure to make payment by the specified deadline shall constitute a material breach of this Agreement, and the Company reserves the right to take appropriate action as it deems fit.
3.2 In the event that the Sponsor is unable to fulfill its payment obligations under this Agreement due to unforeseen circumstances or financial hardship, the parties may enter into good-faith negotiations to amend the payment terms or explore alternative solutions to mitigate any adverse impact on the event.
4. TERMINATION
4.1 Both parties reserve the right to terminate this Agreement if the other party breaches any of the terms and conditions herein. In such an event, the terminating party shall provide written notice to the other party at least [Notice Period] days prior to termination.
4.2 Upon termination of this Agreement, the Sponsor shall remain obligated to fulfill any payment obligations incurred prior to the effective date of termination, and the Company shall retain the right to pursue legal remedies for any damages resulting from the breach of this Agreement.
5. CONFIDENTIALITY
5.1 Both parties agree to maintain the confidentiality of all matters pertaining to this Agreement and not to disclose any information to third parties without the prior written consent of the other party.
5.2 Notwithstanding the foregoing, either party may disclose confidential information as required by law or governmental regulation, provided that the disclosing party provides prompt notice to the other party to enable it to seek a protective order or otherwise prevent disclosure.
6. INDEMNIFICATION
6.1 Both parties agree to indemnify, defend, and hold harmless each other against any and all claims, losses, liabilities, damages, costs, and expenses (including reasonable attorneys' fees) arising out of or related to any breach of this Agreement or negligence on the part of either party.
6.2 The indemnification obligations set forth herein shall survive the termination or expiration of this Agreement and shall continue in full force and effect thereafter.
7. GOVERNING LAW
7.1 This Agreement shall be governed by and construed in accordance with the laws of [Country]. Any dispute arising under or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts located in [Jurisdiction].
7.2 The parties hereby waive any right to a jury trial in any action or proceeding arising out of or related to this Agreement.
8. ENTIRE AGREEMENT
8.1 This Agreement constitutes the entire agreement and understanding of the parties with respect to the subject matter hereof and supersedes all prior agreements, negotiations, discussions, and understandings, if any, relating to such subject matter.
8.2 No modification or amendment to this Agreement shall be effective unless in writing and signed by both parties hereto.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
[Your Company Name]
Signature:
Name:
Date:
[Sponsor Party]
Signature:
Name:
Date:
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Template.net’s Advertising Event Sponsorship Agreement Template is an essential tool for businesses engaging in event sponsorship. It provides a comprehensive and customizable agreement format with help from our AI editor tool, outlining the terms, conditions, and expectations of both the sponsor and the event organizers. It ensures all parties are clear about their roles, responsibilities, and benefits, facilitating a smooth collaboration.
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