Sponsorship Agreement LOA

SPONSORSHIP AGREEMENT LOA

This Sponsorship Agreement Letter of Agreement (Agreement) is entered into as of Effective Date: by and between Sponsor Name: ("Sponsor") and Recipient Name: ("Recipient"). Sponsor and Recipient are collectively referred to as the Parties.

WHEREAS

WHEREAS, Recipient organizes and conducts the Event described below and seeks financial and/or in-kind sponsorship to support the Event; and

WHEREAS, Sponsor desires to provide sponsorship on the terms set forth in this Agreement in exchange for the rights, benefits, and acknowledgements described herein.

WHEREAS, the Parties intend this Agreement to set forth the material terms of Sponsor's sponsorship of the Event and to memorialize their mutual obligations.

EVENT DETAILS

SCOPE OF WORK

Recipient will provide the following goods, services, and rights (collectively, the Services) to Sponsor in connection with the Event. The Services will be provided in a professional manner consistent with industry standards and in accordance with the schedule set forth below.

PAYMENT TERMS

In consideration of the Services, Sponsor agrees to pay Recipient the Sponsorship Fee as set forth below. All payments are non-refundable except as expressly provided in this Agreement.

All amounts payable under this Agreement are exclusive of taxes. Sponsor shall be responsible for any taxes assessed on the sponsorship fee, except taxes based on Recipient's net income.

TERM AND TERMINATION

This Agreement commences on Start Date: and continues until End Date: unless earlier terminated in accordance with this section.

Either Party may terminate this Agreement for material breach by the other Party if the breaching Party fails to cure the breach within Notice Period: days after receipt of written notice specifying the breach.

In the event of termination by Sponsor without cause prior to the delivery of Services, Sponsor shall remain liable for any non-recoverable costs and any payments due under undisputed milestones that were earned prior to termination.

CONFIDENTIALITY

Each Party agrees to keep confidential and not disclose to any third party any Confidential Information of the other Party, except as required by law. "Confidential Information" includes non-public business information, financial terms, marketing plans, attendee lists, and any materials designated in writing as confidential. Confidential Information does not include information that is public through no fault of the receiving Party, independently developed without use of the disclosing Party's confidential information, or rightfully received from a third party without restriction.

The receiving Party shall use the same degree of care it uses to protect its own confidential information, but in no event less than reasonable care.

BRAND USAGE AND INTELLECTUAL PROPERTY

Sponsor grants Recipient a limited, non-exclusive, revocable license to use Sponsor's trademarks and logos solely as necessary to perform the Services and only in accordance with Sponsor's trademark usage guidelines. All goodwill arising from such use will inure to Sponsor.

Unless otherwise agreed in writing, Recipient retains ownership of creative materials created by Recipient in connection with the Event; Sponsor is granted a non-exclusive license to use such materials for promotional purposes relating to the sponsored Event.

INDEMNIFICATION

Each Party shall indemnify, defend and hold the other harmless from and against any third-party claims, liabilities, damages, losses and expenses (including reasonable attorneys' fees) arising out of the indemnifying Party's breach of this Agreement, negligence, or willful misconduct.

GOVERNING LAW

This Agreement will be governed by and construed in accordance with the laws of the State of , without regard to conflicts of laws principles.

ENTIRE AGREEMENT

This Agreement, including any exhibits or attachments executed by the Parties, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, proposals, and communications, whether written or oral. Any amendment or waiver must be in writing and signed by authorized representatives of both Parties.

NOTICES

All notices under this Agreement shall be in writing and delivered to the addresses below by hand, nationally recognized overnight courier, or registered mail, return receipt requested.

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