Restaurant Sponsorship Contract

I. Introduction

A. Purpose

This Restaurant Sponsorship Contract ("Agreement") is entered into by and between [Your Company Name], a well-established marketing agency specializing in event promotions, with its principal place of business located at [Your Company Address], and [Your Partner Company Name], a renowned fine dining restaurant located at [Partner Company Address]. This Agreement outlines the terms and conditions governing the sponsorship relationship between the parties for the promotion and support of the "Taste of the Town" culinary festival, organized by the City Events Committee. The parties acknowledge that this Agreement serves as a legal and binding contract governing the sponsorship arrangement for the aforementioned event, scheduled to take place on October 15th, 2050.

B. Parties

  1. [Your Company Name]:

    • Address: [Your Company Address]

    • Representative: [Your Representative Name], [Your Representative Position]

    • Contact Information: [Your Company Email], [Your Company Number]

    • Website: [Your Company Website]

    • Social Media: [Your Company Social Media]

  2. [Your Partner Company Name]:

    • Address: [Partner Company Address]

    • Representative: [Partner Representative Name], [Partner Representative Position]

    • Contact Information: [Partner Company Email], [Partner Company Number]

    • Website: [Partner Company Website]

    • Social Media: [Partner Company Social Media]

II. Sponsorship Details

A. Sponsorship Package

[Your Company Name] agrees to provide [Your Partner Company Name] with the following sponsorship package:

Sponsorship Benefits

Details

Logo placement on promotional materials

[Your Partner Company Name]'s logo prominently displayed on event posters, flyers, and online banners.

Verbal acknowledgment during event announcements

Recognition of [Your Partner Company Name] as a key sponsor during opening and closing remarks at the event.

Social media mentions on [Your Company Name] platforms

Regular posts on [Your Company Name]'s social media channels promoting [Your Partner Company Name]'s participation in the event, reaching over [10,000] followers.

[1,000] complimentary tickets to the event

[Your Partner Company Name] will receive [20] VIP tickets for guests to attend the festival.

[Your Company Name] branded signage at the event venue

Branded banners and signage featuring [Your Company Name]'s logo displayed prominently at the festival grounds.

B. Sponsorship Fee

  1. In consideration for the sponsorship package outlined in Section II.A, [Your Partner Company Name] agrees to pay a sponsorship fee of [$20,000] to [Your Company Name].

  2. Payment shall be made in two installments as follows:

    a. [$10,000] upon signing this Agreement.

    b. [$5,000] within [10] days prior to the event.

C. Additional Benefits

[Your Partner Company Name] acknowledges that [Your Company Name] may provide additional benefits beyond those listed in Section II.A, subject to mutual agreement between both parties.

III. Obligations of the Parties

A. [Your Company Name]'s Obligations

  1. [Your Company Name] agrees to deliver the sponsorship benefits outlined in Section II.A promptly and efficiently, ensuring [Your Partner Company Name] receives the agreed-upon promotional exposure in a manner that maximizes the restaurant's visibility and reputation.

  2. [Your Company Name] shall maintain the integrity of its brand and ensure all promotional materials align with [Your Company Name]'s brand guidelines. This includes creating visually appealing and cohesive content that reflects positively on [Your Partner Company Name] and enhances the overall image of the event.

B. [Your Partner Company Name]'s Obligations

  1. [Your Partner Company Name] agrees to make the sponsorship fee payments as outlined in Section II.B within the specified timelines, facilitating the successful execution of the event. Timely payments are crucial for [Your Company Name] to allocate resources effectively and ensure the event's success.

  2. [Your Partner Company Name] shall cooperate fully with [Your Company Name] in the implementation of sponsorship benefits. This includes providing necessary logos, branding materials, and any other assets required for promotional purposes. Open communication and collaboration between the parties will ensure that the sponsorship delivers maximum value for both [Your Company Name] and [Your Partner Company Name].

IV. Term and Termination

A. Term

This Agreement shall commence on the date of signing and shall remain in effect until the completion of the "Taste of the Town" culinary festival on October 15th, 2050, unless terminated earlier in accordance with the provisions herein. The parties recognize the importance of honoring the terms of the agreement for the duration of the event to achieve mutual goals and objectives effectively.

B. Termination

  1. Either party may terminate this Agreement in writing if the other party breaches any material provision of this Agreement, providing 30 days' notice to cure the breach. Termination shall be a last resort and pursued only after reasonable attempts to resolve any disputes or issues amicably.

  2. In the event of termination, [Your Company Name] shall be entitled to retain any sponsorship fees already paid, and [Your Partner Company Name] shall forfeit any unpaid sponsorship fees. Clauses regarding termination serve to protect the interests of both parties and ensure that any disputes are resolved fairly and in accordance with the terms outlined in this Agreement.

V. Confidentiality

A. Confidential Information

  1. Both parties agree to keep confidential any proprietary or sensitive information disclosed during the course of this sponsorship arrangement. This includes, but is not limited to, financial information, marketing strategies, and any other business-related data shared between [Your Company Name] and [Your Partner Company Name].

  2. [Your Company Name] and [Your Partner Company Name] shall take all necessary precautions to prevent the unauthorized disclosure or use of confidential information. This includes implementing appropriate security measures and restricting access to confidential data to only those individuals who require it for the purpose of fulfilling their obligations under this Agreement.

  3. Confidential information disclosed under this Agreement shall not be disclosed to any third party without the prior written consent of the disclosing party, except as required by law.

B. Exceptions

The obligations of confidentiality set forth in this Agreement shall not apply to any information that: a. Is or becomes publicly available through no fault of the receiving party; b. Was rightfully known to the receiving party prior to disclosure by the disclosing party; c. Is independently developed by the receiving party without the use of confidential information; or d. Is required to be disclosed by law or court order, provided that the receiving party gives prompt notice to the disclosing party of such requirement to allow for protective measures to be taken.

VI. General Provisions

A. Entire Agreement

This Agreement constitutes the entire understanding between [Your Company Name] and [Your Partner Company Name] concerning the subject matter herein and supersedes all prior agreements and understandings, whether written or oral, relating to such subject matter. Any modifications or amendments to this Agreement must be made in writing and signed by both parties to be effective.

B. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction]. Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of [Jurisdiction].

C. Severability

If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect. In such a case, the parties shall replace the invalid or unenforceable provision with a valid and enforceable provision that most closely achieves the intended economic effect of the invalid or unenforceable provision.

D. Waiver

The failure of either party to enforce any provision of this Agreement shall not constitute a waiver of such provision or any other provision herein. No waiver of any provision of this Agreement shall be effective unless made in writing and signed by the waiving party.

E. Counterparts

This Agreement may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. Facsimile, PDF, or electronic signatures shall be deemed originals for all purposes.

VII. Indemnification

A. [Your Partner Company Name]'s Indemnification

[Your Partner Company Name] agrees to indemnify, defend, and hold harmless [Your Company Name], its officers, directors, employees, and agents from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or in connection with any breach of this Agreement by [Your Partner Company Name] or its representatives, or any negligent or wrongful act or omission of [Your Partner Company Name] or its representatives.

B. [Your Company Name]'s Indemnification

[Your Company Name] agrees to indemnify, defend, and hold harmless [Your Partner Company Name], its officers, directors, employees, and agents from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or in connection with any breach of this Agreement by [Your Company Name] or its representatives, or any negligent or wrongful act or omission of [Your Company Name] or its representatives.

VIII. Dispute Resolution

A. Negotiation

In the event of any dispute arising out of or in connection with this Agreement, the parties agree to first attempt to resolve the dispute amicably through good-faith negotiations between senior executives of [Your Company Name] and [Your Partner Company Name].

B. Mediation

If the dispute cannot be resolved through negotiation within [Number] days of written notice by either party, the parties agree to submit the dispute to non-binding mediation by a mutually acceptable mediator. Each party shall bear its own costs of mediation.

C. Arbitration

If the dispute is not resolved through mediation, the parties agree to submit the dispute to binding arbitration in accordance with the rules of [Arbitration Institution]. The arbitration shall be conducted by a single arbitrator appointed jointly by the parties or, failing agreement within [30] days, appointed by [Arbitration Institution]. The decision of the arbitrator shall be final and binding on both parties and enforceable in any court of competent jurisdiction.

D. Equitable Relief

Notwithstanding the foregoing, either party may seek injunctive or other equitable relief to prevent the breach or threatened breach of any provision of this Agreement, without the necessity of posting a bond or other security.

E. Governing Law and Jurisdiction

This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction]. Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of [Jurisdiction].

IX. Non-Assignment

A. [Your Partner Company Name]'s Non-Assignment

[Your Partner Company Name] shall not assign, transfer, or delegate any of its rights or obligations under this Agreement to any third party without the prior written consent of [Your Company Name]. Any attempted assignment, transfer, or delegation in violation of this provision shall be null and void.

B. [Your Company Name]'s Non-Assignment

[Your Company Name] shall not assign, transfer, or delegate any of its rights or obligations under this Agreement to any third party without the prior written consent of [Your Partner Company Name]. Any attempted assignment, transfer, or delegation in violation of this provision shall be null and void.

X. Notices

A. Method of Giving Notice

Any notices, requests, demands, or other communications required or permitted to be given under this Agreement shall be in writing and shall be deemed to have been duly given if delivered personally, sent by registered or certified mail (postage prepaid, return receipt requested), or sent by email to the respective addresses set forth below or to such other address as the parties may designate in writing from time to time.

B. Addresses for Notice

  1. Notices to [Your Company Name] shall be addressed to: [Your Company Name] [Your Company Address] [Your Company Email] [Your Company Number]

  2. Notices to [Your Partner Company Name] shall be addressed to: [Your Partner Company Name] [Partner Company Address] [Partner Company Email] [Partner Company Number]

C. Date of Notice

Notices delivered personally shall be deemed to have been given on the date of delivery. Notices sent by registered or certified mail shall be deemed to have been given [Number] days after mailing. Notices sent by email shall be deemed to have been given on the date of transmission, provided that no "delivery failure" or similar notification is received by the sender.

D. Copies of Notices

Each party shall send a copy of any notice given under this Agreement to the other party concurrently with sending the notice to any third party.

XI. Signatures

A. Execution

This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. This Agreement may be executed and delivered by facsimile, PDF, or electronic signature, which shall be deemed an original for all purposes.

B. Binding Effect

This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.

C. Signatures

IN WITNESS WHEREOF, the parties hereto have executed this Restaurant Sponsorship Contract as of the date first written above.

[Your Company Name]

[Your Representative Name]

[Your Representative Position]

[Date]

[Your Partner Company Name]

[Partner Representative Name]

[Partner Representative Position]

[Date]

By signing below, the parties acknowledge that they have read, understood, and agreed to all the terms and conditions of this Agreement.

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