The Sponsorship Partnership Agreement is a crucial document for organizations engaging in sponsorship arrangements in New Zealand. It is typically used when one party (the sponsor) agrees to provide financial or in-kind support to another party in exchange for specific marketing, branding, or promotional rights. This document type is essential for businesses, sports organizations, event managers, and cultural institutions seeking to formalize sponsorship relationships while ensuring compliance with New Zealand legal requirements. The agreement covers key aspects such as sponsorship rights, payment terms, brand usage, exclusivity, and performance metrics, while incorporating necessary protections under New Zealand commercial law. It serves as both a commercial and legal framework, establishing clear guidelines for the partnership while protecting both parties' interests.
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1. Parties: Identifies and provides full legal details of the sponsor and sponsored entity
2. Background: Outlines the context of the sponsorship relationship and parties' objectives
3. Definitions and Interpretation: Defines key terms used throughout the agreement and interpretation rules
4. Term and Renewal: Specifies the duration of the agreement and any renewal options
5. Sponsorship Rights and Benefits: Details the specific rights granted to the sponsor, including branding, marketing, and promotional rights
6. Sponsorship Fees and Payment Terms: Outlines the financial terms, payment schedule, and any performance-related adjustments
7. Obligations of Sponsor: Lists all responsibilities and commitments of the sponsoring party
8. Obligations of Sponsored Party: Details all responsibilities and commitments of the sponsored entity
9. Intellectual Property Rights: Governs the use of trademarks, logos, and other IP during the sponsorship
10. Exclusivity: Defines any category exclusivity or non-compete provisions
11. Approvals and Brand Guidelines: Establishes the process for approving promotional materials and brand usage
12. Reporting and Performance Measurement: Specifies how sponsorship effectiveness will be measured and reported
13. Termination: Details circumstances under which either party may terminate the agreement
14. Confidentiality: Protects confidential information shared during the sponsorship
15. General Provisions: Includes standard boilerplate clauses such as notices, governing law, and dispute resolution
1. Event-Specific Terms: Required when sponsorship relates to specific events, detailing event-related rights and obligations
2. Digital Media Rights: Needed when sponsorship includes specific social media or digital platform obligations
3. Athlete/Personality Rights: Required when sponsorship involves individual athletes or personalities
4. Hospitality Benefits: Include when sponsorship package includes corporate hospitality or entertainment rights
5. Force Majeure: Important for event-based sponsorships or when significant external risks exist
6. Insurance Requirements: Needed for high-risk activities or event-based sponsorships
7. Anti-Doping Provisions: Required for sports-related sponsorships
8. Moral Clause: Important when reputation risks are significant
9. Territory Rights: Needed when sponsorship rights are territory-specific
1. Schedule 1: Sponsorship Benefits: Detailed list of all sponsorship rights, benefits, and deliverables
2. Schedule 2: Payment Schedule: Detailed breakdown of payment amounts, dates, and any performance-related adjustments
3. Schedule 3: Brand Guidelines: Specific requirements for use of sponsor's brands, logos, and marketing materials
4. Schedule 4: Reporting Requirements: Templates and specifications for performance reporting
5. Schedule 5: Approval Procedures: Detailed process for obtaining approvals for promotional materials
6. Appendix A: Form of Marketing Plan: Template or actual marketing plan for the sponsorship activities
7. Appendix B: Key Performance Indicators: Detailed metrics for measuring sponsorship success
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