Blitz Sponsor Agreement - KTVZ News Channel 21
Contract: Exclusive TV Sponsor
Event Dates: June 16, 2016
Location: Tetherow Golf Club
KTVZ agrees to the following terms as a partner of the 2016 Blitz
The Blitz will provide the following to KTVZ :
Logo recognition on 250 event posters and 1000 event flyers
Name/logo recognition on all radio, tv and print advertising
Logo/link displayed prominently on the event website
Name recognition on all press releases
Name/link on social media leading up to the event
Logo on event banner at finish line
Logo on volunteer t-shirts
Blitz will provide 10 beer tickets to be redeemed during the event
Blitz will provide food for guests at $10 per person in addition to sponsor contract
Blitz will allow KTVZ to pass through one sponsor to the Blitz marketing campaign up to $5000 value
KTVZ can sell additional sponsors onto the Blitz for a 50/50 split of revenue
Blitz requires pre-approval of all sponsors
As a the host sponsor, KTVZ agrees to the following:
KTVZ agrees to provide $3000 in kind TV spots
KTVZ agrees to produce the radio spot
TERMS OF THIS AGREEMENT:
Blitz and its designated representatives will coordinate all aspects of site staging, programming and overall management of the Blitz.
All amounts owed by KTVZ to Event Theory unpaid after 30 days of invoicing will be subject to a late payment charge of 1.5% monthly (18% APR). Should the account become past due, KTVZ agrees to pay all cost of collection, including collection agency charges, attorney fees, and court costs incurred by Blitz. This includes, but is not limited to, all fees and costs actually incurred whether or not any suite or action is filed and is intended to include all fees and costs incurred in any mediation, arbitration, trial or appeal.
Postponement or cancellation of Blitz for any reason beyond the control of Blitz (earthquake, fire, flood, terrorism or other acts of God) shall not constitute cause for any reimbursement.
The terms of this Agreement are valid through August 30, 2016.
This agreement does not transfer to another KTVZ property, agent, or subsidiary. All other business sectors must negotiate separate Sponsorship agreements.
The Blitz shall secure and maintain throughout the term of this agreement all insurance for events of this statue and size, including but not limited to comprehensive general liability insuring themselves against loss of liability out of or relating to activities associated with any of the events.
This agreement sets forth the entire agreement between the parties and takes place of all prior verbal or written communication concerning the subjects of the agreement. This agreement may not be altered, modified or changed in any way by either of the parties without the prior written consent of the other party.
Each of the parties hereto is an independent contractor. Neither party shall have the authority to act on behalf of the other or to incur obligation on behalf of the other unless expressly authorized.
If suit or action is instituted to enforce this agreement or to determine any matter in controversy regarding this agreement, the prevailing party shall be entitled to recover such sums as the court may judge reasonable attorney fee, including attorney fees on appeal and in collecting or enforcing any judgment order or decree.
Neither party shall without written authorization from the other party disclose to any third party the terms and conditions of this agreement except as may be necessary to establish or assert rights hereunder or required by law; provided however, either party may on a confidential basis disclose this agreement to officials, officers, accountants, attorneys or other individuals within each other’s organizations on a “need to know” basis.
KTVZ has permission to use the official artwork without prior approval from Event Theory or the Blitz.