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This document can be used as a template for a Sponsorship Agreement where the Sponsor has agreed to sponsor the event and pays the sponsorship fee as a contribution to the cost in a fixed amount. This document is drafted in favour of the Event Holder / Organiser.
The Event Holder is the proprietor and organiser of the Event (as hereinafter defined) and is empowered to grant rights and licences to sponsors of the Event.
The Sponsor has agreed to sponsor the Event and to acquire from the Event Holder certain rights and licences in relation to the Event on the terms set out in this Agreement.
This document should be carefully read by the Sponsor and the Event Holder.
Details should be included. This should include definitions, sponsorship agreement, amount of money, obligations, conditions of termination, extension of terms, usage of broad and banners and contractual terms and conditions.
If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.