This Partnership Agreement (“Agreement”) is entered into as of [Date] by and between:
SayPro
[Full Address]
Represented by: [Name], [Title]
(Hereinafter referred to as “SayPro”)
AND
[Partner Name]
[Full Address]
Represented by: [Name], [Title]
(Hereinafter referred to as “Partner”)
Collectively referred to as the “Parties.”
1. Purpose of Agreement
The purpose of this Agreement is to establish the terms and conditions under which SayPro and Partner will collaborate on [specific sports program, event, or initiative], with a focus on [youth development, community engagement, sports sponsorship, etc.]. This partnership aims to mutually benefit both Parties by leveraging the strengths, resources, and expertise of each Party in advancing their respective missions.
2. Term of Agreement
- Effective Date: This Agreement shall commence on [start date] and shall continue in full force until [end date], unless terminated earlier in accordance with the provisions of this Agreement.
- Renewal Option: This Agreement may be renewed for an additional period by mutual written consent of both Parties.
3. Roles and Responsibilities
The roles and responsibilities of each Party in the partnership are as follows:
SayPro’s Responsibilities:
- Develop and implement the sports program, including [specific program details].
- Provide marketing and promotional materials, including logos, social media posts, and press releases.
- Manage community engagement and outreach efforts to ensure program success.
- Monitor and evaluate the program’s outcomes, reporting key performance metrics to the Partner.
Partner’s Responsibilities:
- Provide [financial contributions, in-kind donations, resources, etc.] to support the program’s execution.
- Assist with event promotion via the Partner’s marketing channels, including [specific platforms, such as social media, websites, etc.].
- Offer any necessary logistical support, such as facilities, staff, or equipment.
- Attend and participate in meetings, reviews, and community events related to the program.
Shared Responsibilities:
- Jointly promote the program across respective media platforms.
- Regularly meet to assess progress and adjust strategies as necessary.
- Ensure that all activities comply with relevant legal and ethical standards in the sports industry.
4. Financial Considerations
- Funding Amount: The Partner agrees to contribute a total of [amount] to fund the sports program, payable according to the following schedule:
- [Date] – [Amount]
- [Date] – [Amount]
- [Date] – [Amount]
- In-kind Contributions: The Partner agrees to provide the following in-kind contributions:
- [e.g., facilities, coaching staff, equipment, etc.]
- Budget Breakdown: The funds will be used for the following purposes:
- Program development
- Event execution and logistics
- Marketing and promotions
- Monitoring and evaluation
- Payment Method: Payments shall be made via [payment method, e.g., bank transfer, check, etc.].
5. Program Execution and Deliverables
Both Parties agree to the following deliverables:
- Deliverable 1: Program kickoff by [date], including all necessary preparations.
- Deliverable 2: Conduct [number] community sports events between [start date] and [end date].
- Deliverable 3: Regular updates on program progress, including participation numbers, community engagement, and media coverage.
- Deliverable 4: Post-program evaluation report by [date].
6. Intellectual Property
- Any intellectual property (IP) created during the partnership, such as marketing materials, logos, videos, or content, will be jointly owned by SayPro and the Partner.
- Each Party agrees to respect the other’s IP and will not use or modify it for purposes outside of the partnership without prior written consent.
7. Confidentiality
- Both Parties agree to maintain the confidentiality of any proprietary or sensitive information shared during the course of the partnership.
- This confidentiality obligation shall survive the termination of this Agreement for a period of [X] years.
8. Termination
Either Party may terminate this Agreement with written notice under the following circumstances:
- Breach of Agreement: If either Party fails to fulfill its obligations under this Agreement and does not remedy the breach within [number] days after receiving written notice from the other Party.
- Mutual Agreement: If both Parties agree in writing to terminate the Agreement before the end of the term.
- Force Majeure: In the event of unforeseen circumstances, such as natural disasters, war, or other events beyond the Parties’ control, that prevent the continuation of the program.
Upon termination, the Parties agree to settle any outstanding financial obligations and return any materials, equipment, or resources provided by the other Party.
9. Liability and Indemnity
- Indemnity: Each Party agrees to indemnify and hold harmless the other Party from any claims, damages, or liabilities arising from their respective actions during the course of the partnership.
- Liability: Neither Party shall be liable for indirect, special, or consequential damages resulting from this Agreement.
10. Dispute Resolution
- Initial Resolution: In the event of a dispute, the Parties agree to first attempt to resolve the issue through informal discussions and negotiation.
- Mediation: If the dispute cannot be resolved informally, the Parties agree to submit the dispute to mediation with a neutral third-party mediator.
- Arbitration: If the dispute remains unresolved, the Parties agree to submit the dispute to binding arbitration in accordance with the rules of [Arbitration Organization].
11. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
12. Miscellaneous
- Entire Agreement: This Agreement constitutes the entire understanding between the Parties and supersedes any prior discussions or agreements.
- Amendments: Any amendments to this Agreement must be made in writing and signed by both Parties.
- Severability: If any provision of this Agreement is deemed invalid or unenforceable, the remainder of the Agreement shall remain in effect.
13. Signatures
By signing below, the Parties agree to the terms and conditions outlined in this Partnership Agreement.
For SayPro:
Signature: ______________________
Name: [Full Name]
Title: [Title]
Date: [Date]
For [Partner Name]:
Signature: ______________________
Name: [Full Name]
Title: [Title]
Date: [Date]
This Partnership Agreement Template provides a comprehensive framework for formalizing a partnership between SayPro and its sports partners, including the roles, financial arrangements, and deliverables. It ensures both Parties are aligned and accountable to achieve mutually beneficial goals. Let me know if you’d like to adjust or add specific terms!
Leave a Reply