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A Sponsorship Agreement involves the payment of a sponsorship fee in consideration for the receipt of specified publicity-related benefits. Sponsorship is a crucial element of many businesses' marketing strategies since it has a direct commercial benefit to a company's product, corporate brand or image as a result of the sponsorship.
A formal Sponsorship Agreement governs the legal relationship between a sponsor and the party to be sponsored and it is necessary in order to protect the interests of both parties.
This Sponsorship Agreement - Sponsor a Team/Event template shall be used to sponsor a company, a club, a team or an event. If you want to sponsor a person then please use Sponsorship Agreement - Sponsor a Person.
The Sponsorship Agreement - Sponsor a Team/Event contains the following clauses:
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Definitions and Interpretation
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Sponsorship
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Sponsorship Obligations
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Sponsorship Fees
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Expenses
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Duration and Termination
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Notices
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Warranties, Disclaimers and Limitations of Liability
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Intellectual Property
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Entire agreement
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Assignment
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Severance
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Force Majeure
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Waiver
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Governing Law and Jurisdiction
SCHEDULE 1
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