¶¶Òõ¶ÌÊÓƵ

The Event Sponsorship Agreement is essential for formalizing sponsorship arrangements in India, where corporate sponsorship of events has become increasingly sophisticated and regulated. This document is used when an organization (sponsor) agrees to provide financial or in-kind support to an event in exchange for promotional opportunities, brand exposure, or other benefits. It needs to comply with Indian contract law, tax regulations, and advertising standards while protecting both parties' interests. The agreement typically covers everything from basic sponsorship rights to complex issues like intellectual property usage, payment structures, and exclusivity provisions. It's particularly important in the Indian context where GST implications, TDS requirements, and specific advertising regulations must be carefully considered and incorporated into the agreement terms.

1. Parties: Identification of the sponsor and event organizer with full legal names, addresses, and registration details

2. Background: Brief description of the event and the purpose of the sponsorship arrangement

3. Definitions: Key terms used throughout the agreement including Event, Sponsorship Fee, Sponsorship Rights, Sponsor Materials, etc.

4. Sponsorship Rights and Benefits: Detailed outline of what the sponsor receives in return for their sponsorship

5. Sponsorship Fee and Payment Terms: Amount, payment schedule, and method of payment for the sponsorship

6. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

7. Sponsor's Obligations: Responsibilities of the sponsor including provision of logos, materials, and approvals

8. Event Organizer's Obligations: Responsibilities in delivering the event and promised sponsorship benefits

9. Intellectual Property Rights: Usage rights and restrictions regarding logos, trademarks, and other IP

10. Representations and Warranties: Standard promises made by both parties regarding their capacity and authority

11. Confidentiality: Protection of sensitive information shared between parties

12. Indemnification: Mutual protection against third-party claims and damages

13. General Provisions: Standard boilerplate clauses including notices, amendments, governing law, etc.