Sponsorship Agreement
SPONSORSHIP AGREEMENT
This Sponsorship Agreement (the "Agreement") is entered into as of [Date] by and between [Your Name], on behalf of [Your Company Name], a company duly organized and existing under the laws of [Jurisdiction], with its principal place of business at [Your Company Address] (the "Sponsor"), and [Recipient's Name], [legal entity type, e.g., an individual, partnership, or corporation] with its principal place of business at [Recipient's Address] (the "Recipient").
WHEREAS, the Sponsor is engaged in providing financial, promotional, or other forms of support for events, projects, or initiatives that align with its objectives and interests;
WHEREAS, the Recipient is organizing or conducting an event or project titled [Event/Project Name] scheduled to occur on [Event/Project Date] (the "Event/Project") and requires sponsorship to support its successful execution;
WHEREAS, the Sponsor desires to provide sponsorship support to the Recipient for the Event/Project, subject to the terms and conditions set forth in this Agreement;
NOW, THEREFORE, in consideration of the mutual covenants and promises herein contained, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
I. Objective
The purpose of this Agreement is to establish the terms and conditions under which the Sponsor will provide sponsorship to the Recipient for [Event/Project Name]. The sponsorship will encompass [specific form of sponsorship, e.g., financial contribution, promotional support, in-kind contributions, etc.] to assist in the successful planning, execution, and promotion of the Event/Project.
II. Sponsorship Benefits
-
Prominent logo placement on all event-related materials
-
Mention in all press releases and promotional content
-
[X] complimentary tickets to the event
III. Sponsorship Fee
The Sponsor agrees to pay the Recipient a sponsorship fee of [Amount] by [Payment Due Date].
IV. Term
This Agreement shall commence on [Start Date] and terminate on [End Date], unless otherwise terminated in accordance with the provisions set forth herein.
V. Obligations of the Recipient
The Recipient agrees to the following obligations:
-
Provide the benefits outlined in Section 2
-
Acknowledge the Sponsor in all promotional activities and media
-
Supply the Sponsor with a post-event report by [Report Due Date]
VI. Termination
Either party may terminate this Agreement prior to the completion of its term if the other party fails to perform any of its obligations under this Agreement and does not cure such failure within [Cure Period] days after receiving written notice thereof.
VII. Miscellaneous
This Agreement constitutes the entire understanding of the parties with respect to the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral, relating thereto.
IN WITNESS WHEREOF, the parties hereto have executed this Sponsorship Agreement as of the date first above written.
Sponsor
Recipient