Commercial Co-Venture Agreement
DATE
PARTY_1_NAME
PARTY_1_ADDRESS_MULTI_LINE
This is a Commercial Co-Venture Agreement ("Agreement"), dated as of DATE, between PARTY_1_NAME, a nonprofit corporation of JURISDICTION_STATE ("Client") and PARTY_2_NAME ("Company").
Whereas
A. Client is a tax-exempt charitable organization under the applicable law of JURISDICTION_STATE. Its mission is MISSION.
B. Company desires to support Client by donating to Client a portion of the proceeds from sales by Company of its products or services, Client desires to accept such donation, and the parties wish to publicize the arrangement, all on the terms set out in this Agreement and in accordance with the applicable laws of JURISDICTION_STATE.
C. This Agreement has three parts. The first part sets out framework understandings regarding the arrangement, including funds transfers, disclosures, legal compliance, use of trademarks, and termination. The second part, a document attached as Exhibit A and referred to as the “Promotion Plan,” sets out the specifics of the arrangement, including the relevant products or services; relevant location of sale; donation percentage, computation, and payment schedule; and contact persons. The third part consists of exhibits identifying Client and Company trademarks that may be used in connection with the relationship.
D. As used in this Agreement, the term “Promotion” means the donation and communication relationship contemplated by this Agreement, and the terms “Products,” “Promotion Period,” and “Territory” have the meanings given them in the Promotion Plan.
Client and Ccompany agree as follows:
1. Promotion
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