Are you looking for a sponsor or have you ever thought about becoming a sponsor? If you`re a big company, you would definitely have sponsored an event at one time or another, and if you`ve ever hosted a big event, you definitely need sponsors. From sports tournaments or leagues to book fairs or competitions, these events need sponsors. Sponsorship is a marketing technique that benefits both parties, whether it is the sponsor or the organizer. (b) the Promoter does not have the right to use or enter into other commercial or other agreements to exploit any of the commercial rights other than the sponsorship rights; and vii. Relationship: Nothing in this Agreement creates a relationship between the Owner and the Tenant between the Organizer and the Sponsor or gives the Sponsor a discount or interest in the Event. 25. THE NECESSARY ACTS; OTHER INSURANCES. Each Party shall make every effort to take or cause to be taken all necessary or desirable measures to conclude and give effect to the operations provided for in this Agreement, or to prove or carry out the intent and purpose of this Agreement. The provision is very important and should not be overlooked in the treaty, as it describes how the parties would resolve a dispute that might arise during the event or in the future. This is a very common clause that most lawyers forget to include in the contract. It stipulates that in the event of a dispute between the parties, what route should be taken: whether they should opt for negotiations, disputes, arbitration or mediation procedures.
The rules must be established with the agreement of both parties. (l) to complete all additional documents and to provide any assistance reasonably requested by the organiser to protect the event marks. This may include the registration of the terms of this Agreement or an agreement or obligation under this Agreement in a trademark registry or other registry, or otherwise. Sponsor Trademark: The Marks made available by the Promoter for the purposes of this Agreement, as well as all accompanying works of art, designs, slogans, texts and other related marketing marks of the Sponsor. The Sponsor wishes to sponsor the Event by providing financial assistance (the “Sponsorship”) in exchange for certain rights granted in connection with the Event. . . .