Accounting Sponsorship Agreement
Accounting Sponsorship Agreement
Sponsor: [Your Company Name]
[Your Company Address]
[City, State, ZIP Code]
[Your Company Email]
[Your Company Number]
Recipient: [Recipient Company Name]
[Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
Purpose: The purpose of this Agreement is to set forth the terms and conditions under which the Sponsor will provide sponsorship to the Recipient for [Event Name], scheduled to take place on [Event Date] at [Event Location].
I. Sponsorship Commitment
A. Sponsorship Amount and Benefits
1. Sponsorship Amount:
The Sponsor agrees to provide a sponsorship amount of $10,000 to the Recipient.
2. Sponsorship Benefits:
In exchange for the sponsorship, the Sponsor will receive the following benefits:
2.1 Promotional Recognition:
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Sponsor’s logo will be prominently displayed on all event materials, including banners, flyers, and digital media.
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Acknowledgment in event announcements and press releases.
2.2 Event Participation:
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Reserved seating for 5 representatives of the Sponsor at the event.
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Opportunity for a representative from the Sponsor to deliver a brief address during the event’s opening session.
2.3 Media Exposure:
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Mention in any media coverage of the event.
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Featured in post-event reports and thank-you notes.
2.4 Additional Perks:
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Complimentary tickets to the event for 10 guests.
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Access to exclusive networking opportunities with key participants and stakeholders.
B. Payment Terms
1. Payment Schedule:
The Sponsor shall pay the total sponsorship amount of $10,000 to the Recipient as follows:
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50% ($5,000) upon signing this Agreement.
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The remaining 50% ($5,000) by September 30, 2050.
2. Payment Method:
Payments shall be made via bank transfer, check, or credit card. Bank details for the transfer are provided below:
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Bank Name: Account Bank
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Account Name: AccountPro Solutions
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Account Number: 123456789
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Routing Number: 987654321
II. Responsibilities of the Recipient
A. Event Organization
1. Planning and Execution:
The Recipient agrees to organize and execute the event in a professional manner, ensuring all agreed-upon sponsorship benefits are provided.
2. Promotional Materials:
The Recipient will provide the Sponsor with the design and placement details of all promotional materials featuring the Sponsor’s logo for approval prior to production.
B. Reporting
1. Post-Event Report:
The Recipient will provide a comprehensive report to the Sponsor within 30 days following the event, including attendee statistics, media coverage, and an overview of the event’s success.
2. Acknowledgment:
The Recipient will send a formal thank-you letter acknowledging the Sponsor’s contribution and support.
III. Term and Termination
A. Term
1. Agreement Duration:
This Agreement shall commence on August 27, 2050, and shall continue until November 27, 2050, unless terminated earlier in accordance with this Agreement.
B. Termination
1. Termination for Convenience:
Either party may terminate this Agreement for any reason by providing 15 days’ written notice to the other party.
2. Termination for Cause:
Either party may terminate this Agreement immediately if the other party breaches any of its obligations under this Agreement and fails to remedy the breach within 10 days of receiving written notice of such breach.
IV. Confidentiality and Intellectual Property
A. Confidentiality
1. Confidential Information:
Both parties agree to keep confidential any proprietary or sensitive information disclosed in connection with this Agreement and not to disclose such information to any third party without prior written consent.
B. Intellectual Property
1. Use of Logos and Trademarks:
The Sponsor grants the Recipient a non-exclusive, royalty-free license to use its logos and trademarks for the purpose of promoting the event. All intellectual property rights in the Sponsor’s logos and trademarks remain the property of the Sponsor.
2. Ownership:
Any materials created for the event incorporating the Sponsor’s branding will remain the property of the Recipient, but the Sponsor will have the right to use such materials for promotional purposes.
V. General Provisions
A. Governing Law
1. Jurisdiction:
This Agreement shall be governed by and construed in accordance with the laws of the State of Texas, without regard to its conflict of law principles.
B. Dispute Resolution
1. Negotiation:
In the event of any dispute arising out of or in connection with this Agreement, the parties agree to attempt to resolve the dispute through good-faith negotiations.
2. Arbitration:
If the dispute cannot be resolved through negotiation, it shall be submitted to binding arbitration in accordance with the rules of the American Arbitration Association.
C. Amendments
1. Modification:
Any amendments or modifications to this Agreement must be made in writing and signed by authorized representatives of both parties.
D. Entire Agreement
1. Integration:
This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements, understandings, and negotiations, whether oral or written.
E. Execution
1. Signatures:
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.
IN WITNESS WHEREOF, the parties hereto have executed this Accounting Sponsorship Agreement as of the day and year first above written.
Sponsor:
Name: [Name]
Title: [Title]
Date: [Date]
Recipient:
Name: [Name]
Title: [Title]
Date: [Date]
