Organizers are also expected to comply with a number of legal obligations set by sponsors in exchange for sponsorship fees. Commitments vary depending on the sponsors and the type of sponsorship they offer. There are some common obligations that can be seen in almost all sponsorship contracts. These include: 1. The sponsorship contract; followed by 2. The Organizer may accept or refuse, at its discretion, the sponsorship application submitted by the Promoter of a signed Sponsorship Agreement. In the event of an opposition between the various documents constituting this agreement between the parties, the following order of priority applies: this is a very simple but essential clause of the agreement. As a general rule, the parties decide on the amount of the aid fee. The fee depends on the sponsors and their participation in the event.

Certain conditions are mentioned in the clause relating to the increase of fees for the occurrence of certain events, for example. B for the win of a team or additional tickets sold for the event. This document could be used by the organizer or sponsor, probably first to explore the agreement that could be reached, and then as a legal contract. Each party could start the elaboration and send it to the other as the preferred conditions for the opening of negotiations. At sponsored events, sponsors usually advertise and apply for their brand name in order to increase their profitability. The promoter can obtain many rights by entering into a well-crafted sponsorship agreement…