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Sponsor Agreement Example

Note: This is an example of an agreement we used in Colorado and is not intended to substitute for an agreement prepared by or advice given by your attorney.

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General. The sponsor hereby agrees to sponsor the event THE LITTLETON RIVER FESTIVAL described in the SPONSORSHIP PROPOSAL,  a copy of which is attached hereto as Exhibit A and is incorporated herein by this reference. The Sponsor agrees to provide to LITTLETON RIVER FESTIVAL the following in-kind services and/or pay the following fees:


In consideration therefore, LITTLETON RIVER FESTIVAL shall provide Sponsor with the benefits described in the Proposal. LITTLETON RIVER FESTIVAL may adjust such benefits, substitute benefits or provide other benefits with the approval of the Sponsor.

Payment. cash payments are due as follows:  25%percent on or before May 1, 2000 and the balance due on or before July 1 2000. Failure to pay fees when due may result in termination of this agreement. In-kind services shall be scheduled in writing by representatives of LITTLETON RIVER FESTIVAL and Sponsor.

Limitation of Sponsorship. Unless otherwise provided, the cash or services and the Sponsor benefits described in this agreement are related solely to the LITTLETON RIVER FESTIVAL  to be held August 25-28 2000. Assuming the Event is continued in 2001, the Sponsor shall have the first right of refusal to continue Sponsor's involvement in the Event on such terms as Sponsor and LITTLETON RIVER FESTIVAL shall agree.

License and Usage. Sponsor hereby grants LITTLETON RIVER FESTIVAL] a limited, non-exclusive license to use Sponsor's trade names, trademarks, service marks and other proprietary information [the "Proprietary Information"] owned by the Sponsor. LITTLETON RIVER FESTIVAL agrees that the Proprietary Information will be used only in connection with the 2000 Event to provide the benefits set forth in the Proposal and such other benefits as Sponsor and LITTLETON RIVER FESTIVAL may agree.  LITTLETON RIVER FESTIVAL's use of the Proprietary Information is subject to the approval of the Sponsor's designated representative, which approval will not be unreasonably withheld.

Sponsor Understandings. Sponsor understands as follows: the dollar values set forth in the Proposal are estimates are based upon general sponsorship information available to LITTLETON RIVER FESTIVAL;  the audience multiplier is based upon estimates of LITTLETON RIVER FESTIVAL attendance and actual attendance figures may vary materially. No portion of the sponsorship cash payment or in-kind services are subject to being refunded for any reason except as provided herein. Sponsorships are not exclusive unless otherwise set forth in the Proposal.

Termination. LITTLETON RIVER FESTIVAL  may terminate this contract on 30 days written notice. In the event of termination for any reason other than failure to provide contracted fees or services, LITTLETON RIVER FESTIVAL may substitute an event with equivalent benefits with the approval of the Sponsor or shall refund any cash fee received from Sponsor by LITTLETON RIVER FESTIVAL Sponsor shall not terminate this agreement without the approval of LITTLETON RIVER FESTIVAL.

Amendments. This agreement may be amended only by a written instrument executed by both parties.

Miscellaneous. This agreement is governed by [insert state] law and is binding upon all of the parties' successors and assigns.

Dated:_______________ Dated________________

Sponsor_____________ Event________________

By:_________________ By:__________________

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