---

SayPro Sponsorship Agreement Template

---

Overview

The SayPro Sponsorship Agreement Template is a standardized contract designed to formalize the partnership between SayPro and its sponsors. This legal document clearly defines the rights, responsibilities, deliverables, financial terms, and other important conditions governing the sponsorship relationship. Using this template ensures mutual understanding, protects both parties, and sets clear expectations to foster a successful and transparent collaboration.

---

Key Sections and Content

1. Parties to the Agreement

• Full legal names and contact information of the parties involved:
  • Sponsor: The company or entity providing sponsorship.
  • SayPro: The event organizer/platform offering sponsorship opportunities.

2. Recitals / Background

• A brief introduction explaining the purpose of the agreement and the context of the sponsorship.

3. Definitions

• Key terms used throughout the agreement are clearly defined for clarity (e.g., “Activation Period,” “Deliverables,” “Confidential Information”).

4. Sponsorship Deliverables and Benefits

• Detailed description of what SayPro will provide to the sponsor, including:
  • Branding opportunities (e.g., logo placements, mentions).
  • Media placements (website, newsletters, social media).
  • Event presence and onsite activations.
  • Digital marketing support.
• Sponsor’s obligations regarding materials to be provided (logos, creatives, content).
• Any exclusivity clauses or category restrictions.

5. Sponsorship Fees and Payment Terms

• Total sponsorship fee amount and payment schedule (e.g., deposit, milestone payments, final balance).
• Accepted payment methods and currency.
• Late payment penalties or interest charges (if applicable).
• Refund or cancellation policy.

6. Term and Termination

• Duration of the sponsorship (start and end dates).
• Conditions for early termination by either party, including notice requirements.
• Consequences of termination on deliverables and payments.

7. Intellectual Property Rights

• Ownership and permitted use of sponsor logos, trademarks, and content.
• SayPro’s rights to use sponsor materials for promotion.
• Restrictions on use and protection of intellectual property.

8. Confidentiality

• Obligations to keep sensitive information confidential.
• Duration of confidentiality obligations after termination.

9. Indemnification and Liability

• Sponsor and SayPro agree to indemnify and hold each other harmless against claims arising from their actions or omissions.
• Limitation of liability clauses to cap damages.

10. Representations and Warranties

• Assurances from both parties that they have the authority to enter the agreement and will comply with applicable laws.

11. Force Majeure

• Circumstances beyond the control of either party (e.g., natural disasters, pandemics) that may excuse non-performance.

12. Governing Law and Dispute Resolution

• Jurisdiction under which the agreement is governed.
• Procedures for resolving disputes (mediation, arbitration, litigation).

13. Miscellaneous Provisions

• Assignment and transfer rights.
• Entire agreement clause stating this document supersedes prior discussions.
• Amendments procedure requiring written consent.

14. Signatures

• Signature blocks for authorized representatives of SayPro and the sponsor.
• Date of signing.

---

Additional Elements

• Schedules or Exhibits:
  Attachments such as:
  • Detailed activation plan.
  • Sponsorship package descriptions.
  • Payment schedule.
  • Brand guidelines for sponsor materials.
• Contact Information:
  Designated points of contact for both parties for operational communication.

---

Best Practices for Using the Template

• Customize the template to reflect the specific terms agreed upon with each sponsor.
• Review legal language with a legal professional to ensure compliance with local laws and industry standards.
• Clearly outline all deliverables and timelines to avoid misunderstandings.
• Ensure both parties keep signed copies for reference and enforcement.

---

Summary

The SayPro Sponsorship Agreement Template serves as the foundational legal document that formalizes the sponsorship relationship. It clearly articulates the expectations, financial terms, rights, and responsibilities of both SayPro and the sponsor, helping to build a transparent, professional, and mutually beneficial partnership.

---