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Sponsorship Letter
- Thread starter boomer35
- Start date
Lubejobs42
Charter Member
Got your PM. I don't have anything like that. Sorry
phragle
Charter Member
a good professional resume and a sound proposal. you are trying to sell the potential sponsor your advertising sevices. you need to tell him what you are going to do for him, be specific, numbers, demographics etc. Do your research and make sure you are sending it to the right person.
SPONSORSHIP AGREEMENT
THIS SPONSORSHIP AGREEMENT ("Sponsorship Agreement" or
"Agreement") is made by and between
Race Team _____________________________ ("The Race Team"),
and Sponsor:___________________________ ("The Sponsor"),
STATEMENT OF PURPOSE
"The Sponsor" has agreed to act as an associate sponsor for [Offshore Race Team]
team fielded by "The Race Team," driven by ________________________, and throttled by____________________.
"The Sponsor" expects to receive promotional and
advertising benefits from such sponsorship. It is the intention of the
parties hereto to field competitive boats in all the events for
which "The Sponsor" has agreed to serve as associate sponsor.
Now, therefore, in consideration of the mutual covenants and agreements
hereinafter set forth and intending to be legally bound hereby, the
parties hereto agree as follows:
I. SPONSORSHIP
1.01 "The Race Team" hereby grants to "The Sponsor" a Sponsorship
relationship with the [Offshore Race Team] raced under number ____
for the fee paid and other considerations contained herein.
1.02 "The Sponsor" shall have a decal located:
___________________________________________________________________________
In addition, the "The Sponsor" logo will be embroidered on:
___________________________________________________________________________
[Specify other sponsorship services to be provided.]
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
1.03 All decals for the race boats and all painting and other
preparation of the race boats shall be provided at the expense of
"The Race Team".
1.04 Except as herein otherwise expressly provided to the contrary, the
cost of providing, painting and maintaining the above items shall be the
responsibility of "The Race Team".
1.05 During the term of this Sponsorship Agreement, "The Race Team" shall
maintain a race team, and shall use its best efforts to qualify and
compete in the [Series] races at _________________ [locations]
and/or such other races as "The Race Team" in its sole
discretion may determine.
II. DRIVER AND TEAM OBLIGATIONS
2.01 During the term of this agreement and any renewals or extensions
thereof, "The Race Team" represents and warrants to "The Sponsor" that:
(a) It will at its own expense hire, furnish and maintain at all times an
experienced first-class complete race team ("The Race Team") consisting
of mechanics, pit crew, driver(s), transport and all other personnel necessary to
furnish, maintain, operate and race the race boat(s) and support
vehicles, including, without limitation, ensuring that the following
duties are performed:
(i) Building the race boats and purchasing or leasing all
necessary support vehicles.
(ii) Repairing, maintaining, storing and transporting the race
boats and support vehicles between [series] races; and
(iii) Utilizing its best efforts to qualify in and compete in the
remaining [series] races at ____________________ [locations] as "The Race Team" in its sole discretion may determine.
2.02 "The Race Team" warrants to "The Sponsor" that it will secure the
services of a qualified driver during the term of the sponsorship
agreement, and that each driver will handle himself (herself) in a
respectable manner that would not unfavorably impact any sponsor.
"The Race Team" has the right to terminate the services of any driver
should inappropriate behavior occur.
2.03 In the event any driver's services should no longer become available
to "The Race Team" for any part of a race season covered by this agreement,
it is the exclusive right of "The Race Team" to replace the driver. The
replacement or substitute driver is subject to no approvals other than
"The Race Team"'s sole discretion.
III. TERM AND TERMINATION
3.01 The term of this contract is from the date executed, through the final
race of the [xx]________ season at ___________________ [locations]
as "The Race Team" in its sole discretion sees fit to enter, this term not
to extend past [date]_________. This contract shall apply to all
[series] races in which "The Race Team" competes during such term regardless
of locale.
3.02 Either party may terminate this agreement if the other party is
found to have breached the terms of the agreement and said breach is
not cured within thirty (xx) days of receipt of written notice of such
breach from the non-breaching party. In the event a breach cannot be
completely cured within the thirty (30) days allowed to cure the breach,
and the curing process has been started within thirty (30) days, and the
breaching party has been diligent in its efforts to cure through the
period, both parties may agree to continue the agreement until such time
as the breach is cured. Rightful termination hereunder shall be without
prejudice to any other rights or remedies a party may have.
IV. COMPENSATION
4.01 As compensation for the sponsorship relationship under the terms
of this agreement, "The Sponsor" agrees to pay a total of $__________
and additional compensations such as products:
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
4.02 The schedule for the payment of this compensation shall be as follows:
$__________ - Upon execution of this agreement.
Payments are to be made payable to "The Race Team" and sent to the address
shown below.
V. INDEMNIFICATION
5.01 "The Race Team" will indemnify, defend and hold "The Sponsor" and its
affiliates, subsidiaries, officers, directors, employees, customers,
distributors, independent contractors, suppliers, agents, successors and
assigns, harmless from and against all actions, suits, proceedings,
judgments, demands, claims, liabilities, losses or expenses whatsoever
(including reasonable attorney's fees) incurred in connection with or
arising from the race boats(s), the support vehicle(s), the activities
or omissions of driver or team members or the activities or omissions of
"The Race Team" including, without limitation:
(a) Any claim falling within the insurance coverage;
(b) "The Race Team"'s breach, misrepresentation or non-performance under
this agreement;
(c) Any claim or action for or relating to personal loss, injury, death,
property damage or otherwise, suffered by participants, competitors
(such as the drivers), spectators or others at any of the racing events or
team activities or activities relating to the race boats (or their
relatives as a result thereof) or otherwise; or
(d) Any payment owed by "The Race Team" related to the team support vehicles
or race boats.
5.02 Both during and after this sponsorship agreement, "The Sponsor" will
indemnify, defend and hold "The Race Team", its officers, directors,
employees, team members, customers, distributors, suppliers, agents,
successors, and assigns, harmless from and against all actions, suits,
proceedings, judgments, demands, claims, liabilities, losses, or expenses
whatsoever (including reasonable attorney's fees) arising from
"The Sponsor"'s breach, misrepresentation or non-performance under this
agreement.
VI. INSURANCE
6.01 "The Race Team" shall provide at its expense and maintain throughout
the term of this Agreement liability insurance in an amount not
less than $[xxx] single limit coverage with respect to any liability
relating to the activities of the race team in the performance of this
Agreement. This liability insurance coverage is usually provided
by the [series/promoter/etc.] and the governing racing body (xxxx).
If requested, "The Race Team" shall, within [xx] days of the
execution of this Agreement, supply "The Sponsor" with a copy of such
policy of insurance or a certificate thereof, and such policies shall be
cancelable only upon 10 days written notice to "The Sponsor".
VII. MISCELLANEOUS
7.01 This contract is not assignable by either party without written
consent of all interested parties.
7.02 Any notice required to be given under this agreement shall be sent
via registered mail, return receipt requested and deemed given at the
time it is received by either party, provided such notice is addressed as
follows:
Race Team:__________________
Attn: ______________________
ADDRESS:____________________
____________________________
____________________________
____________________________
Sponsor:____________________
Attn: ______________________
ADDRESS:____________________
____________________________
____________________________
____________________________
7.03 This agreement shall be governed and construed within accordance
with the laws of _______________ (state / province).
7.04 This agreement constitutes the entire agreement between the
parties and may not be modified, amended or changed except by a
writing signed by all parties to this agreement.
7.05 This agreement shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns, provided that
neither party hereto shall have the right to assign this agreement or
delegate any duty, service or responsibility hereunder without the prior
written consent of the other party. Each party to this sponsorship
agreement warrants and represents that the individual signing this
agreement on behalf of a corporate party has the authority to bind his or
her respective company in and to the terms of the agreement and each
party further warrants and represents that it is authorized by its Board
of Directors to enter into this sponsorship agreement.
Race Team:_________________________
By:
Print Name: ______________________
Title: ____________________________
Date: ____________________________
Sponsor: __________________________
By:
Print Name: ______________________
Title: ____________________________
Date: ____________________________
THIS SPONSORSHIP AGREEMENT ("Sponsorship Agreement" or
"Agreement") is made by and between
Race Team _____________________________ ("The Race Team"),
and Sponsor:___________________________ ("The Sponsor"),
STATEMENT OF PURPOSE
"The Sponsor" has agreed to act as an associate sponsor for [Offshore Race Team]
team fielded by "The Race Team," driven by ________________________, and throttled by____________________.
"The Sponsor" expects to receive promotional and
advertising benefits from such sponsorship. It is the intention of the
parties hereto to field competitive boats in all the events for
which "The Sponsor" has agreed to serve as associate sponsor.
Now, therefore, in consideration of the mutual covenants and agreements
hereinafter set forth and intending to be legally bound hereby, the
parties hereto agree as follows:
I. SPONSORSHIP
1.01 "The Race Team" hereby grants to "The Sponsor" a Sponsorship
relationship with the [Offshore Race Team] raced under number ____
for the fee paid and other considerations contained herein.
1.02 "The Sponsor" shall have a decal located:
___________________________________________________________________________
In addition, the "The Sponsor" logo will be embroidered on:
___________________________________________________________________________
[Specify other sponsorship services to be provided.]
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
1.03 All decals for the race boats and all painting and other
preparation of the race boats shall be provided at the expense of
"The Race Team".
1.04 Except as herein otherwise expressly provided to the contrary, the
cost of providing, painting and maintaining the above items shall be the
responsibility of "The Race Team".
1.05 During the term of this Sponsorship Agreement, "The Race Team" shall
maintain a race team, and shall use its best efforts to qualify and
compete in the [Series] races at _________________ [locations]
and/or such other races as "The Race Team" in its sole
discretion may determine.
II. DRIVER AND TEAM OBLIGATIONS
2.01 During the term of this agreement and any renewals or extensions
thereof, "The Race Team" represents and warrants to "The Sponsor" that:
(a) It will at its own expense hire, furnish and maintain at all times an
experienced first-class complete race team ("The Race Team") consisting
of mechanics, pit crew, driver(s), transport and all other personnel necessary to
furnish, maintain, operate and race the race boat(s) and support
vehicles, including, without limitation, ensuring that the following
duties are performed:
(i) Building the race boats and purchasing or leasing all
necessary support vehicles.
(ii) Repairing, maintaining, storing and transporting the race
boats and support vehicles between [series] races; and
(iii) Utilizing its best efforts to qualify in and compete in the
remaining [series] races at ____________________ [locations] as "The Race Team" in its sole discretion may determine.
2.02 "The Race Team" warrants to "The Sponsor" that it will secure the
services of a qualified driver during the term of the sponsorship
agreement, and that each driver will handle himself (herself) in a
respectable manner that would not unfavorably impact any sponsor.
"The Race Team" has the right to terminate the services of any driver
should inappropriate behavior occur.
2.03 In the event any driver's services should no longer become available
to "The Race Team" for any part of a race season covered by this agreement,
it is the exclusive right of "The Race Team" to replace the driver. The
replacement or substitute driver is subject to no approvals other than
"The Race Team"'s sole discretion.
III. TERM AND TERMINATION
3.01 The term of this contract is from the date executed, through the final
race of the [xx]________ season at ___________________ [locations]
as "The Race Team" in its sole discretion sees fit to enter, this term not
to extend past [date]_________. This contract shall apply to all
[series] races in which "The Race Team" competes during such term regardless
of locale.
3.02 Either party may terminate this agreement if the other party is
found to have breached the terms of the agreement and said breach is
not cured within thirty (xx) days of receipt of written notice of such
breach from the non-breaching party. In the event a breach cannot be
completely cured within the thirty (30) days allowed to cure the breach,
and the curing process has been started within thirty (30) days, and the
breaching party has been diligent in its efforts to cure through the
period, both parties may agree to continue the agreement until such time
as the breach is cured. Rightful termination hereunder shall be without
prejudice to any other rights or remedies a party may have.
IV. COMPENSATION
4.01 As compensation for the sponsorship relationship under the terms
of this agreement, "The Sponsor" agrees to pay a total of $__________
and additional compensations such as products:
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
4.02 The schedule for the payment of this compensation shall be as follows:
$__________ - Upon execution of this agreement.
Payments are to be made payable to "The Race Team" and sent to the address
shown below.
V. INDEMNIFICATION
5.01 "The Race Team" will indemnify, defend and hold "The Sponsor" and its
affiliates, subsidiaries, officers, directors, employees, customers,
distributors, independent contractors, suppliers, agents, successors and
assigns, harmless from and against all actions, suits, proceedings,
judgments, demands, claims, liabilities, losses or expenses whatsoever
(including reasonable attorney's fees) incurred in connection with or
arising from the race boats(s), the support vehicle(s), the activities
or omissions of driver or team members or the activities or omissions of
"The Race Team" including, without limitation:
(a) Any claim falling within the insurance coverage;
(b) "The Race Team"'s breach, misrepresentation or non-performance under
this agreement;
(c) Any claim or action for or relating to personal loss, injury, death,
property damage or otherwise, suffered by participants, competitors
(such as the drivers), spectators or others at any of the racing events or
team activities or activities relating to the race boats (or their
relatives as a result thereof) or otherwise; or
(d) Any payment owed by "The Race Team" related to the team support vehicles
or race boats.
5.02 Both during and after this sponsorship agreement, "The Sponsor" will
indemnify, defend and hold "The Race Team", its officers, directors,
employees, team members, customers, distributors, suppliers, agents,
successors, and assigns, harmless from and against all actions, suits,
proceedings, judgments, demands, claims, liabilities, losses, or expenses
whatsoever (including reasonable attorney's fees) arising from
"The Sponsor"'s breach, misrepresentation or non-performance under this
agreement.
VI. INSURANCE
6.01 "The Race Team" shall provide at its expense and maintain throughout
the term of this Agreement liability insurance in an amount not
less than $[xxx] single limit coverage with respect to any liability
relating to the activities of the race team in the performance of this
Agreement. This liability insurance coverage is usually provided
by the [series/promoter/etc.] and the governing racing body (xxxx).
If requested, "The Race Team" shall, within [xx] days of the
execution of this Agreement, supply "The Sponsor" with a copy of such
policy of insurance or a certificate thereof, and such policies shall be
cancelable only upon 10 days written notice to "The Sponsor".
VII. MISCELLANEOUS
7.01 This contract is not assignable by either party without written
consent of all interested parties.
7.02 Any notice required to be given under this agreement shall be sent
via registered mail, return receipt requested and deemed given at the
time it is received by either party, provided such notice is addressed as
follows:
Race Team:__________________
Attn: ______________________
ADDRESS:____________________
____________________________
____________________________
____________________________
Sponsor:____________________
Attn: ______________________
ADDRESS:____________________
____________________________
____________________________
____________________________
7.03 This agreement shall be governed and construed within accordance
with the laws of _______________ (state / province).
7.04 This agreement constitutes the entire agreement between the
parties and may not be modified, amended or changed except by a
writing signed by all parties to this agreement.
7.05 This agreement shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns, provided that
neither party hereto shall have the right to assign this agreement or
delegate any duty, service or responsibility hereunder without the prior
written consent of the other party. Each party to this sponsorship
agreement warrants and represents that the individual signing this
agreement on behalf of a corporate party has the authority to bind his or
her respective company in and to the terms of the agreement and each
party further warrants and represents that it is authorized by its Board
of Directors to enter into this sponsorship agreement.
Race Team:_________________________
By:
Print Name: ______________________
Title: ____________________________
Date: ____________________________
Sponsor: __________________________
By:
Print Name: ______________________
Title: ____________________________
Date: ____________________________
A sponsorship is a simple, basic business plan.
If I were to be approached, I need to know in one paragraph how I'm going to benefit and how you're going to deliver if I choose to fund your operation. If you can't do this or it goes over 4 or 5 sentences, stop now. Don't waste your time. There's no one out there looking to sponsor a boat. You have to sell them. And you have to open up to the possibility before you can start to sell anything. And stay the f.uck away from anything that looks cute or you think is an attention-getter. I work hard for the money I spend on advertising (which is what this is) and I want results. Tell me how.
Now that you have your paragraph, start fleshing it out. I need an executive summary. 1.5 pages max. This tells me if I want to go further or not. You're not going to nail the prom queen on the first date and you're going to have to romance me a bit before you get much time or any money. You had a whole paragraph to sell me on reading a page and a half. Don't screw it up. It needs to be compelling stuff. How my business benefits. And show me you took time to understand my business and how this fits in. If it's a generic approach, forget it. I get enough telemarketing calls from people that can't pronounce my name. And I'm hanging up on you too if you don't hook me.
Beyond that, it's a next-step. No piece of paper can sell anything to anyone. If you get past this step, you need a personalized presentation delivered by you. And stick to the strictly business stuff. If I don't like you, my clients that I'm bringing to your races sure as hell won't. So be prepared to show me what I'm going to experience.
Like all things in business, stop thinking about what you want and focus on what your prospect wants. If you can give that to them, you're getting yours automatically.
Good luck. Put something together and come back. We'll mercilessly rip the $hit out of it, but you might get closer to something that will work.
If I were to be approached, I need to know in one paragraph how I'm going to benefit and how you're going to deliver if I choose to fund your operation. If you can't do this or it goes over 4 or 5 sentences, stop now. Don't waste your time. There's no one out there looking to sponsor a boat. You have to sell them. And you have to open up to the possibility before you can start to sell anything. And stay the f.uck away from anything that looks cute or you think is an attention-getter. I work hard for the money I spend on advertising (which is what this is) and I want results. Tell me how.
Now that you have your paragraph, start fleshing it out. I need an executive summary. 1.5 pages max. This tells me if I want to go further or not. You're not going to nail the prom queen on the first date and you're going to have to romance me a bit before you get much time or any money. You had a whole paragraph to sell me on reading a page and a half. Don't screw it up. It needs to be compelling stuff. How my business benefits. And show me you took time to understand my business and how this fits in. If it's a generic approach, forget it. I get enough telemarketing calls from people that can't pronounce my name. And I'm hanging up on you too if you don't hook me.
Beyond that, it's a next-step. No piece of paper can sell anything to anyone. If you get past this step, you need a personalized presentation delivered by you. And stick to the strictly business stuff. If I don't like you, my clients that I'm bringing to your races sure as hell won't. So be prepared to show me what I'm going to experience.
Like all things in business, stop thinking about what you want and focus on what your prospect wants. If you can give that to them, you're getting yours automatically.
Good luck. Put something together and come back. We'll mercilessly rip the $hit out of it, but you might get closer to something that will work.
Last edited:
catastrophe
Registered
:26:Thats my boy!!!!!!!!!!!!!!!!
He does it all.
Just ask and give him 3 minutes. :26::26:
He does it all.
Just ask and give him 3 minutes. :26::26:
DAREDEVIL
Banned
CORRECT !!
All i want is money to race and garantie people will see the decal on the road ,magazins ,race and video fotage. We can also do boat shows !!!!
SO NOW PAY ME X AMOUNT OF DOLLARS !!!!!!:sifone:
All i get all the time is ,,,,the check is in the mail !!!! LOL:ack2:
Chris, send it and don't be cheap. hehe
Scott
Last edited:
That would have cost you 6 grand between the hours of 8 and 5.
DAREDEVIL
Banned
DAMN,,, forgot about that.:rofl:
catastrophe
Registered
Scott
You should be pointing out that you are going by as slow as you are so the fans can read the sponsors decal.
That might help.:rofl::rofl:
a convo with stez couldnt get $$ from serious offshore for a Point pleasant OPA race...
but then again, i never tried to nail the prom queen again and again and again...classy yet refined comment chris...
If anyone needs help with aquiring some spons help please phone or pm
Id be happy to help. Was able to get some big names interested to race the 2010 season and going over all options, so i decided to make a business from businesses to get $$ to boat racer owners.
Best of luck
SOS is a great asset to start from!
~Christian
but then again, i never tried to nail the prom queen again and again and again...classy yet refined comment chris...
If anyone needs help with aquiring some spons help please phone or pm
Id be happy to help. Was able to get some big names interested to race the 2010 season and going over all options, so i decided to make a business from businesses to get $$ to boat racer owners.
Best of luck
SOS is a great asset to start from!
~Christian
catastrophe
Registered
DAREDEVIL
Banned
The "how much fuel" thing left a mark. That one- road rash.
No $hit. And don't think I know it. You couldn't buy what you can get here for free.
catastrophe
Registered
I know ,,,still nobody .LOL:ack2::sifone:
You think you're OK..............and so do I buddy!!!!!!!!
You were out there lookin back at us.
I knew you werent going to win when I saw you trying to light a smoke.:26:
DAREDEVIL
Banned
:reddevil:
:rofl::rofl:
Chris ,,,i really don't care. I HAD A BLAST !!!!!!
HOPE TO SEE U ALL AGAIN !!!!:USA:
:rofl::rofl:
Chris ,,,i really don't care. I HAD A BLAST !!!!!!
HOPE TO SEE U ALL AGAIN !!!!:USA:
DAREDEVIL
Banned
You think you're OK..............and so do I buddy!!!!!!!!
You were out there lookin back at us.
I knew you werent going to win when I saw you trying to light a smoke.:26:
Freakin wind keept me from not smokin untill the dock .:ack2:
But i had 2 in the milling area ! LOL:biggrinjester:
DAREDEVIL
Banned
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