{"id":9006,"date":"2018-04-28T15:00:22","date_gmt":"2018-04-28T09:30:22","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=9006"},"modified":"2019-06-15T12:55:14","modified_gmt":"2019-06-15T07:25:14","slug":"sponsorship-agreement","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/sponsorship-agreement\/","title":{"rendered":"Sample Format of Sponsorship Agreement"},"content":{"rendered":"

Sample Format of Sponsorship Agreement<\/strong><\/h2>\n

 <\/strong>An agreement between a party, called Sponsor and those entitled to enforce the sponsorship obligation is called a Sponsorship Agreement<\/strong> (or contract<\/strong>). Sponsorship agreement contains the number of terms and conditions. Generally, it is adopted as a marketing strategy as it involves the payment of sponsorship fees in return for a publicity related benefits. The sponsorship agreement is being adopted by both the parties as it balances the interest of both the parties.<\/p>\n

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Download Sponsorship Agreement Format<\/div>\n<\/div>\n
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You can also download Sponsorship Agreement Format in the PDF formats.<\/strong><\/div>\n
Download PDF<\/a><\/div>\n<\/div>\n<\/div>\n

What are the Benefits of Sponsorship Agreement?<\/strong><\/h2>\n
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  1. Sponsorship often can generate media coverage which may not have been otherwise available.<\/li>\n
  2. The practice of using Sponsorship as a market<\/a> strategy.<\/li>\n
  3. Favor the interest of both the parties.<\/li>\n
  4. Easy to enter and easy to exit.<\/li>\n
  5. Promotion of Trademark<\/a>.<\/li>\n
  6. Warranty clause in the sponsorship agreement protects the interest of both the parties.<\/li>\n
  7. Direct advertisement of the product.<\/li>\n<\/ol>\n

    What are the Elements of Sponsorship Agreement?<\/strong><\/h2>\n

    A well-drafted sponsorship agreement must have the following clauses:-<\/strong><\/p>\n

     <\/strong>Term of Contract<\/strong><\/p>\n

    The term of this contract when it shall commence and the tenure till when it will be in force or where either of the parties terminates pursuant to the terms and conditions of this contract.<\/p>\n

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    1. Sponsorship Rights and Benefits<\/strong><\/li>\n<\/ol>\n

       <\/strong>What are the benefits that organizer is agreed to grant to the sponsor? Whether the rights granted are exclusive or non- exclusive. A complete list of rights should be given in the agreement.<\/p>\n

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      1. Cooperation<\/strong><\/li>\n<\/ol>\n

         <\/strong>Both the parties will endeavor to conduct itself in a manner so as to present a professional and high-quality promotion and image of the event.<\/p>\n