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Concession Agreement

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Booth Concession Rental Agreement for Farmers Market

This Booth Concession Rental Agreement (this Agreement) is made effective as of the (date), between a , a non-profit corporation organized and existing under the laws of the state of , with its principal office located at , referred to herein as Landlord, and of , referred to herein as Vendor.

For and in consideration of the mutual covenants contained in this Agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:

1. Rental of Booth Space

Vendor hereby agrees to rent from Landlord a Booth space (the Booth) at , hereinafter called the Farmers Market, with such location of the Booth to be designated by Landlord.

2. Purpose and Use

A. Vendor shall use the Booth for the sole purpose of selling his produce, products, merchandise or other Goods (the Goods) as may be pre-approved by Landlord for sale at the weekly Farmers Market. Vendor shall not use or permit the use of the Booth for any other purpose.

B. Landlord has the right to restrict or limit Vendor’s sale of Goods at the Booth which Landlord may, in its sole judgment, deem to be competitive with other Goods sold by other Vendors at the Farmers Market.

C. Trash or other materials shall not be allowed to accumulate in or near the Booth area. The storage of flammable, explosive or other inherently dangerous material is prohibited. Vendor shall not store or use in the Booth any items which shall be in violation of any law or regulation, or do any act or cause to be done any act which creates or may create a nuisance in or upon or connected with the Booth area.

D. No tobacco products shall be sold or distributed by Vendor.

E. For all days that Vendor is scheduled to attend, Vendor agrees to operate Vendor's business and be open for business for the entire duration that the Farmers Market is open to the public.

3. Term of Rental

The term of this Agreement shall be for the period specified in the Farmers’ Market Application submitted by Vendor and approved by Landlord or as otherwise mutually agreed upon by Landlord and Vendor. The Vendor expressly acknowledges and agrees that it shall be bound by the terms and conditions of this Agreement during all times that it rents the Booth, regardless of whether such rental extends over a continuous period of weeks or such rental is for only certain weeks.

4. Access to Booth

Vendor agrees that Landlord shall have the right of free access to the Booth at all times.

5. Rental Rate

Vendor shall pay a rental rate per week, as applicable, as shown on the Farmers’ Market application. The rent is due and payable at the end of each market day as described in the application.

6. Vendor’s Insurance

A. Vendor shall, at its sole expense, procure and maintain at all times during the term of this Agreement the following liability and property damage insurance with the specified minimum limits of coverage:

1. Comprehensive Bodily Injury, Property Damage, and Liability Insurance covering losses caused by the operation of the Booth, automobiles, trucks, or other vehicles with limits of $500,000 for injury or death of one (1) person and $1,000,000 for injury or death of two (2) or more persons in any one (1) accident, and $100,000 for property damage in any one (1) accident, and also including bodily injury and property damage or loss caused by independent contractors or by agents of Vendor.

2. Fire and extended coverage insurance with fire, vandalism and mischief endorsements for the full cash value of the Booth and its contents.

3. Product Liability Insurance with minimum limits of $500,000 for injury or death of one (1) person and $1,000,000 for each accident or occurrence to cover the liability of both Vendor and Landlord and the agents and employees of each.

4. Worker's Compensation Insurance as required by the laws of the State of .

5. Automobile Liability Insurance covering all vehicles owned, non-owned, hired and leased with minimum limits of $100,000 for property damage and $1,000,000 for bodily injury or death.

B. Vendor shall cause the foregoing insurance policies to name as additional insureds each of the following: , and its respective officers, directors, agents, and employees; and the specific City where each Farmers Market takes place. All such insurance shall be primary insurance and shall provide that any right of subrogation against any party named as additional insured and its successors and assigns are waived.

7. Indemnification

Vendor agrees to defend, indemnify, and hold harmless the Landlord, and each of its respective officers, directors, employees, agents, representatives, contractors, and assigns (collectively referred to as the Indemnitees), from and against, and reimburse the Indemnitees for, any and all claims, damages, losses, demands, liabilities, obligations, judgments, settlements, penalties, fines, costs and expenses (including attorneys’ fees and costs) and other amounts (collectively, the Losses) which may be paid, incurred or sustained or asserted against the Indemnitees based upon, or relating to,

A. Any breach or noncompliance by Vendor of any covenant contained in this Agreement, including all exhibits hereto;

B. The use, occupancy or operation of the Booth, including all common areas and other areas adjacent to the Booth, by Vendor, its employees, and customers (collectively, the Users).

8. Security for Booth

Landlord is not responsible for any loss or damage to the Booth or the property of Vendor caused by the removal of the Booth or any property therein by any authorized or unauthorized persons, or any act of repossession, resale or other removal of the Booth or any property therein by other persons.

9. Limitation of Liability

Notwithstanding Landlord’s negligence or breach of this Agreement, the Indemnitees shall under no circumstances be liable for injury to Vendor’s business or for any loss of income or profit therefrom, or for any consequential, incidental or special damages of any kind, nor shall the Indemnitees be liable for any damages to the property of Vendor, its employees, invitees, customers or other Users, or for injury to the person of Vendor or any other Users, all of which loss, damage or injury shall be at the sole risk of Vendor, except to the extent that such injury, loss or damage is caused by the gross negligence or willful misconduct of an Indemnitee. Further, Landlord shall not be liable for any damages arising from any act or neglect of any other Vendor.

10. Rules

Vendor shall, and shall cause its employees, agents, representatives, affiliates, contractors, licensees, customers and invitees to, abide by all rules and policies that may be adopted from time to time by Landlord for the use, occupancy and operation of the Booth and the Farmers Market, including, without limitation, the Market Rules attached hereto as Exhibit A and incorporated herein by reference.

11. Surrender of Booth

After the closing of the Farmers Market, Vendor shall as soon as possible quit and surrender the Booth to Landlord. Upon such quitting and surrender, the Booth shall be in the same condition as at the opening of the Farmers Market. Vendor shall remove all of its property from the Booth and the Farmers Market after closing time. Vendor shall pay Landlord for any expenses incurred by Landlord in removing and/or storing any property of Vendor that it fails to remove after the closing of the Farmers Market.

12. Abandonment

If Vendor fails to pay rent when due and remains unpaid for a period of one (1) day after the due date, and Vendor fails to give Landlord written notice of Vendor’s intention not to abandon the Booth and personal property located therein within one (1) day thereafter, Vendor shall be deemed to have abandoned the Booth and personal property located therein and, at Landlord's option, the Booth shall be deemed abandoned. In the event of Vendor’s abandonment, any expenses and costs incurred by Landlord in connection with Vendor’s abandonment shall be paid by Vendor upon demand by Landlord.

13. No Refund

If Vendor fails to occupy or use the Booth as provided herein (other than as a result of a breach by Landlord of its obligations hereunder), no refund shall be made to Vendor.

14. Maintenance and Service

A. Vendor shall regularly inspect and service the Booth and shall keep it in clean and sanitary condition in accordance with all applicable federal, state and local laws.

B. Vendor shall furnish and bear the expense of regular janitorial service for the area in which the Booth is located.

C. Vendor shall supply suitable waste disposal containers for the convenience of Users of the Booth and the Vendor’s customers.

15. Electrically Operated Machines

All electrically operated equipment utilized by Vendor shall be equipped so as to provide thermal overload protection, and shall comply with applicable ordinances and regulations.

16. Compliance With Laws

A. Vendor shall comply with all applicable federal, state or local laws with respect to the Farmers Market, the use, occupancy and operation of the Booth, and the sale of Goods at the Farmers Market.

B. Vendor shall comply with all applicable rules, orders, regulations or requirements of the Fire Department (the Fire Department) or any other similar body and shall not do or permit to be done in or about the Booth or bring or keep anything therein except as permitted by the Fire Department or any other authority having jurisdiction over the Farmers Market, Landlord or Vendor.

17. Permits

Prior to Vendor’s use of the Booth, Vendor agrees, at Vendor’s expense, to obtain from the City of Los Angeles or any other applicable governmental body or agency, such governmental permits as Landlord determines to be necessary for Vendor’s use of the Booth for the Farmers Market, including, but not limited to, business licenses and seller’s permits.

18. Fees and Taxes

Vendor shall be responsible for and shall pay all federal, state, county, and city license fees and all sales or other taxes that may be imposed on the sales of Goods at the Booth.

19. Non-Exclusive Use

Vendor agrees that Landlord shall have the full, complete and absolute authority to establish the schedules for the use and availability of such services and facilities and to determine when and to what extent any sharing of any such services and facilities is necessary or desirable provided such schedules do not unreasonably interfere with Vendor’s use of the Booth, and Vendor agrees to comply with any schedules so established and to cooperate in any sharing arrangements so determined. In no event shall Vendor enter or use any areas, service space or facility of the Farmers Market other than the Booth without first obtaining Landlord’s consent and approval, which may be given or withheld in its sole discretion.

20. Termination

Either party may terminate this Agreement for any or no reason by giving thirty (30) days' prior written notice to the other party of its intention to terminate.

21. Severability

The invalidity of any portion of this Agreement will not and shall not be deemed to affect the validity of any other provision. If any provision of this Agreement is held to be invalid, the parties agree that the remaining provisions shall be deemed to be in full force and effect as if they had been executed by both parties subsequent to the expungement of the invalid provision.

22. No Waiver

The failure of either party to this Agreement to insist upon the performance of any of the terms and conditions of this Agreement, or the waiver of any breach of any of the terms and conditions of this Agreement, shall not be construed as subsequently waiving any such terms and conditions, but the same shall continue and remain in full force and effect as if no such forbearance or waiver had occurred.

23. Governing Law

This Agreement shall be governed by, construed, and enforced in accordance with the laws of the State of .

24. Notices

Any notice provided for or concerning this Agreement shall be in writing and shall be deemed sufficiently given when sent by certified or registered mail if sent to the respective address of each party as set forth at the beginning of this Agreement.

25. Attorney’s Fees

In the event that any lawsuit is filed in relation to this Agreement, the unsuccessful party in the action shall pay to the successful party, in addition to all the sums that either party may be called on to pay, a reasonable sum for the successful party's attorney fees.

26. Mandatory Arbitration

Any dispute under this Agreement shall be required to be resolved by binding arbitration of the parties hereto. If the parties cannot agree on an arbitrator, each party shall select one arbitrator and both arbitrators shall then select a third. The third arbitrator so selected shall arbitrate said dispute. The arbitration shall be governed by the rules of the American Arbitration Association then in force and effect.

27. Entire Agreement

This Agreement shall constitute the entire agreement between the parties and any prior understanding or representation of any kind preceding the date of this Agreement shall not be binding upon either party except to the extent incorporated in this Agreement.

28. Modification of Agreement

Any modification of this Agreement or additional obligation assumed by either party in connection with this Agreement shall be binding only if placed in writing and signed by each party or an authorized representative of each party.

29. Assignment of Rights

The rights of each party under this Agreement are personal to that party and may not be assigned or transferred to any other person, firm, corporation, or other entity without the prior, express, and written consent of the other party.

30. In this Agreement, any reference to a party includes that party's heirs, executors, administrators, successors and assigns, singular includes plural and masculine includes feminine.

WITNESS our signatures as of the day and date first above stated.

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What a Concession Agreement Is and When It’s Used

A Concession Agreement is a contractual arrangement granting a party the right to operate a business or provide services on another party’s property for a defined term and under specified conditions. Commonly used for retail kiosks, airport or stadium vendors, public facility concessions, and leasehold services, the agreement sets operational scope, fees or revenue share, performance standards, insurance and indemnity obligations, and termination rights. It governs who controls operations, how income is shared, obligations for maintenance and compliance, and remedies for default, making it the primary legal document that establishes the concessionaire-owner relationship.

Why a Clear Concession Agreement Matters

A well-drafted Concession Agreement reduces operational disputes, clarifies revenue and cost allocation, protects property and public interests, and documents regulatory and insurance responsibilities for both parties.

Why a Clear Concession Agreement Matters

Who Typically Prepares and Signs These Agreements

Signatories should confirm authority, insurance, and any corporate or governmental approval requirements before execution.

  • Property owners and landlords who delegate retail or service operations while preserving property control and standards.
  • Concessionaires or vendors seeking rights to operate, sell goods, or provide services under agreed financial and performance terms.
  • Government agencies and public authorities that lease space for services while ensuring compliance with public procurement and safety rules.

Essential Elements to Include in a Professional Concession Agreement

Include clear, enforceable clauses covering commercial terms, operational controls, and protections for both parties; specificity reduces ambiguity and enforcement risk.

Term and Renewal

Define fixed start and end dates, automatic renewal or extension options, and notice periods for nonrenewal so parties know exact rights and obligations over time.

Scope of Rights

Specify permitted activities, exclusive or nonexclusive rights, geographic limits, permitted merchandise or services, and any prohibited conduct to prevent disputes.

Compensation

Detail base rent, percentage rent, minimum guarantees, payment schedule, late fees, and audit rights to verify reported receipts and revenue sharing.

Performance Standards

Set operational hours, customer service standards, quality controls, inspection rights, staff training requirements, and remedies for performance failures.

Risk Allocation

Allocate liability through insurance minimums, indemnities, and limits of liability; require certificates of insurance and name additional insureds where appropriate.

Termination Rights

Describe default events, cure periods, hazardous events, insolvency, and remedies including termination, forfeiture of deposits, and recovery of damages.

Step-by-Step: Filling Out a Concession Agreement

Follow these sequential steps to prepare a usable, enforceable agreement and reduce review cycles.

  • 01
    Gather Parties: Collect legal names, tax IDs, and authorized signatory details for all parties.
  • 02
    Define Premises: Describe the space and include exhibits or maps that show exact boundaries.
  • 03
    Set Financials: Enter rent, percentage splits, payment schedule, and audit rights clearly.
  • 04
    Review Compliance: Confirm insurance, licenses, permits, and any public procurement requirements.

Customizing and Setting Up an Online Signing Workflow

Configure digital fields, authentication, and routing to match the agreement’s execution flow and compliance needs.

Field | Configuration Signer role | Required | Date stamp | Conditional
Authentication Method Email link | SMS code | KBA as needed
Template Reuse Save as template with preplaced fields
Notarization / RON Enable RON session or in-person notarization
Notifications Auto reminders and completion receipts

Where to Send or File the Executed Agreement

Know the intended recipients and any official recording or filing requirements before execution.

  • Owner / Landlord: Keep an original executed copy and store the certificate of completion for audit.
  • Concessionaire: Provide a fully executed copy with invoices and insurance certificates attached.
  • Local Recorder: Record only if the agreement creates an interest in real property and state law requires it.
  • Procurement Office: For public concessions, submit executed documents to the agency procurement or contract unit.

Digital Signing and Technical Compatibility

Ensure the chosen eSignature solution supports required authentication, retention, and any notarization features.

  • File Formats: PDF and DOCX supported
  • Integrations: Salesforce, NetSuite, Microsoft 365
  • Authentication: Email, SMS, KBA, SSO

Key Dates and Common Deadline Requirements

Tracking critical dates prevents inadvertent renewals, missed payments, or lost rights.

Effective Date Entry:

Specify MM/DD/YYYY as the contract start date and confirm operations cannot begin earlier.

Rent Payment Dates:

List recurring payment dates, grace periods, and late-fee triggers to avoid disputes.

Renewal Notice Period:

Provide exact notice window, e.g., 90 or 120 days, so renewal rights are preserved.

Performance Milestones:

Add build-out, inspection, or license attainment deadlines with associated remedies.

Termination Notice:

State cure periods and final notice timing for default-based termination.

Typical Agreement Lifecycle Milestones

A sequential view of negotiation to operation clarifies responsibilities and timing.

01

Negotiation Complete

Agreement terms agreed and draft prepared for legal review.

02

Execution

All authorized signatories sign and exchange executed copies.

03

Commencement

Concessionaire begins operations after required permits and insurance are in place.

04

Renewal/Close-out

Renewal notices or close-out obligations completed before contract end.

Common Mistakes to Avoid When Preparing a Concession Agreement

  • Vague description of premises or permitted uses, which leads to disputes over permitted activities and exclusivity.
  • Omitting exact payment mechanics or audit rights, creating ambiguity about how revenue and fees will be calculated.
  • Insufficient insurance or indemnity language that leaves the property owner exposed to claims related to vendor operations.
  • Failing to confirm signatory authority or corporate approvals, which can render the agreement voidable or unenforceable.

Risks and Potential Consequences of an Incorrect Agreement

Breach Damages: Monetary liability and loss of rights
Forfeiture: Loss of deposit or security interest
Regulatory Fines: Fines for operating without permits
Insurance Gap: Uninsured claims for injuries or property loss
Tax Exposure: Unexpected tax obligations or withholding
Assignment Issues: Unauthorized transfer leading to default

eSignature Pricing and Feature Comparison for Executing Agreements

Compare basic pricing and key capabilities relevant to signing and managing Concession Agreements; signNow is listed first per vendor comparison conventions.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial Yes, 7-day trial Yes, varies by plan Yes, varies by plan Yes, limited Yes, limited
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

Frequently Asked Questions About Concession Agreements

Answers to common legal and execution questions to help avoid pitfalls when preparing or signing a Concession Agreement.


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