Model contract for sponsors of sports events

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In order to promote the development of _ _ _ _ _ _ _ _ _ _ _ _ _ in China, according to the Contract Law of People's Republic of China (PRC), the Sports Law of the People's Republic of China and relevant laws and regulations, through friendly negotiation, Party A and Party B have reached the following agreement on relevant matters in order to clarify the rights and obligations of both parties:

Article 1 Definition of sponsorship

1. 1 The Organizing Committee of the Universiade refers to the event preparation organization that has legal qualifications and has signed the hosting agreement with the organizer of the Universiade.

1.2 "XXX Company" refers to the head office, subsidiaries, branches, successors, licensees and sellers of XXX Company.

1.3 event sponsors refer to sponsors at three levels: partners, sponsors and suppliers, and enjoy different benefits according to the level of sponsoring enterprises. The _ _ _ _ mentioned in the following clauses of this contract refers to the sponsors of the above _ _ _ level.

1.4 "brand" refers to the brand of "XXX company", including the following brands (listed in the annex).

1.5 "products" refers to the following products and their accessories produced by XXX company (listed in the annex).

1.6 "Territory" refers to the area where Party B can use advertisements and promotional materials for publicity during the contract period.

Article 2 Sponsorship Confirmation and Sponsorship Return Agreement

2. 1 As the resource management organization of this event, Party A is fully responsible for the sponsorship and investment promotion of this event. Party A agrees that Party B voluntarily becomes the sponsor of this competition, which is hereby confirmed in writing.

2.2 According to the sponsorship and investment invitation of this event, Party B, as the sponsor of this event, will enjoy the reward rights as stated in Annex 1 of this contract.

Article 3 Total amount of sponsorship and mode of capital contribution

As a sponsor of this competition, Party B provides Party A with a total sponsorship of RMB _ _ _ _ _ _ _ _.

3. 1 RMB _ _ ten thousand yuan (/USD) in cash, with _ _% of the total sponsorship cash to be paid within _ _ days from the signing date of this contract, and the remaining _ _ _% to be paid before _ _.

3.2 From the date of signing this contract to the end of this competition, Party B may publicize and use the contents of this competition in commercial activities in China (including Chinese mainland, Hongkong and Macau).

3.3 From _ _ _ _ _ to _ _ _ _ _ _ _

3.4 Party B shall provide human resources assistance to Party A, and the specific way shall be determined by both parties through consultation.

Article 4 Rights and obligations of both parties

4. 1 Party A shall provide Party B with the rights and interests of sponsorship return according to the above terms, and guarantee that Party B is the sponsor of this competition.

4.2 Party B shall pay the sponsorship fee to Party A within the agreed time according to the above terms.

4.3 Once this contract is signed, the rights and obligations of both parties shall not be transferred. Unless the other party agrees in writing in advance, it shall be deemed as giving up the performance of this contract and bearing the liabilities for breach of contract arising therefrom.

Article 5 Warranty Statement

Both parties declare and guarantee each other as follows:

5. 1 Both parties are legal entities formally established under the laws of People's Republic of China (PRC), with all necessary government approvals and permits, capable of conducting business under this contract, and will maintain their good reputation and qualifications for conducting such business in China.

5.2 Both parties have full rights and legal authority or effective authorization to sign and perform this contract.

5.3 After this contract is signed by both parties, it shall constitute legal, effective and binding responsibilities for both parties according to its terms, except for the impact caused by bankruptcy, liquidation or other laws affecting creditor's rights.

5.4 The above statements, warranties and statements are true not only on the first day, but also during the term of this contract. Both parties confirm that the above statements, guarantees and statements are of vital importance.

Article 6 Validity and termination

6. 1 This contract shall come into effect from the date of signature and seal by both parties, and shall be valid until the closing date of this tournament or the date when both parties complete their rights and obligations (whichever is later).

6.2 In addition to the remedies stipulated in this contract or according to the law, either party has the right to terminate this contract under the following circumstances, which will take effect when the other party receives the notice of termination, provided that other legal rights of the party proposing termination are not affected:

6.2. 1 The other party commits a major breach of contract when executing the terms of this contract, and fails to correct it within _ _ _ days after the breaching party receives the notice of breach of contract; or

6.2.2 Any statement or guarantee made by the other party in this contract is proved to be materially incorrect or inaccurate.

6.3 If Party B unilaterally terminates this contract, Party B shall still pay the sponsorship fee agreed in Article 3 of this contract to Party A. If Party A unilaterally terminates this contract, Party A shall return the sponsorship fee agreed in Article 3 of this contract to Party B. ..

6.4 The termination of this contract for any reason mentioned in this contract does not relieve either party of the responsibility of extending the effective date of termination or performing the terms that are still valid after termination.

Article 7 Abide by the law

If there is reasonable reason to believe that any clause of this contract violates national or local laws, or affects the norms, regulations, laws or instructions of industrial and commercial organizations of one party in performing this contract, both parties shall promptly amend this contract to comply with the law. However, if the amendment makes this contract lose its fundamental purpose, then both parties will agree to terminate this contract. On the premise of not violating the generality of the above situation, both parties expressly agree that if this contract is terminated due to this clause, Party B shall pay according to the performance on the termination date for its advertising rights in _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _. The future payment will be returned in proportion, and neither party will assume any obligation or responsibility for this contract except the terms that will be effective after the termination of this agreement.

Article 8 Force Majeure

8. 1 Due to unforeseeable, inevitable and uncontrollable circumstances (force majeure events), such as flood, fire, earthquake, strike, labor movement, illness or orders issued by government departments after the official announcement of the competition schedule, this contract cannot be performed or delayed. In case of the above-mentioned force majeure event, one party shall not be regarded as a breach of contract, and the other party shall be unable to perform or delay the performance.

8.2 The party affected by force majeure shall immediately notify the other party of the nature and degree of force majeure and provide evidence. If the force majeure lasts or accumulates for more than one month, both parties shall negotiate in good faith under all reasonable circumstances to mitigate the impact or make alternative arrangements.

Article 9 Settlement of disputes

Any dispute arising from or related to this contract shall be settled by both parties through consultation. If negotiation fails, both parties can choose the following dispute settlement mechanism:

9. 1 Submit to Beijing Arbitration Commission for arbitration in accordance with its arbitration rules;

9.2 Appeal to the people's court with jurisdiction.

Article 10 Others

10.4 this contract is a modification of this contract without the consent of both parties, and it shall not be modified unless the authorized representatives of both parties sign in writing.

10.5 The failure of one party to raise objections or take actions against the other party's violation of the terms of this contract or subsequent breach of contract shall not be deemed as waiver. The rights and remedies in this contract are cumulative, and the exercise of one right or remedy by either party does not exclude or waive the exercise of other rights and remedies.

10.8 the annexes to this contract constitute a part of this contract, and have the same effect as the terms of the contract, and are binding on both parties.

10.9 The original of this contract is in duplicate, with each party holding one copy.

10. 10 Matters not covered in this contract shall be settled by both parties through negotiation.

Party A _ _ _ _ _ (official seal) Party B _ _ _ _ (official seal)

On behalf of _ _ _ _ (signature) on behalf of _ _ _ _ (signature)

Phone number: _ _ _ _ _ _ _ Phone number: _ _ _ _ _ _ _

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