The Venue Promoter Agreement serves as a crucial document in the entertainment and events industry, particularly in the United States market. This agreement is essential when venue owners seek to partner with professional promoters to bring events to their spaces. It defines the business relationship, establishes clear responsibilities, and protects both parties' interests through detailed provisions on revenue sharing, liability, and operational requirements. The agreement should comply with various federal, state, and local regulations governing entertainment venues, including licensing, safety, and insurance requirements.
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1. Parties: Identification of the venue owner/operator and the promoter
2. Background: Context of the agreement and business relationship
3. Definitions: Key terms used throughout the agreement including Venue, Services, Events, and Revenue
4. Scope of Services: Detailed outline of promoter's responsibilities and obligations including event planning, marketing, and coordination
5. Term and Termination: Duration of agreement and conditions for termination or renewal
6. Financial Terms: Revenue sharing, compensation, payment terms, and financial responsibilities
7. Insurance and Liability: Required insurance coverage, liability allocation, and indemnification provisions
1. Exclusivity: Terms defining exclusive promotion rights for specific event types or time periods
2. Marketing Requirements: Specific marketing obligations, standards, and branding requirements
3. Force Majeure: Provisions for handling unforeseeable circumstances and event cancellations
1. Schedule A - Venue Specifications: Technical details of the venue including capacity, facilities, and equipment
2. Schedule B - Fee Structure: Detailed breakdown of revenue sharing, payment terms, and financial arrangements
3. Schedule C - Insurance Requirements: Specific insurance coverage requirements, limits, and certificates needed
4. Schedule D - Marketing Guidelines: Venue's marketing requirements, brand guidelines, and promotional standards
5. Schedule E - Event Types: Comprehensive list of permitted and restricted event types and categories
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