Agreement Nonprofit Contract With Nike

State:
Multi-State
Control #:
US-02027BG
Format:
Word; 
Rich Text
Instant download

Description

The Agreement nonprofit contract with Nike serves as a binding document between a nonprofit corporation (referred to as 'Payee') and an individual or entity (referred to as 'Subscriber') that commits to a subscription payment to support the nonprofit’s activities. Key features of the contract include detailed provisions for the payment schedule, specifying the total subscription amount and deadlines for payments. Additionally, the contract outlines the purpose of the subscription, requiring the Payee to detail how funds will be used. Notably, the agreement stipulates minimum subscription amounts and provides guidelines for notice of termination for both parties, protecting the interests of all involved. Other important sections address severability, no waiver clauses, governing law, and the requirement for written modifications to ensure clarity and legal compliance. This form is especially useful for attorneys, partners, owners, associates, paralegals, and legal assistants working with nonprofit organizations as it provides a clear structure for agreements related to fundraising and support. It aids legal professionals in drafting comprehensive contracts that uphold the nonprofit's mission while ensuring the rights and responsibilities of both parties are well-defined and legally enforceable.
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FAQ

Establishing a partnership with Nike involves showcasing your organization’s alignment with their mission and values. Start by developing a strong pitch that emphasizes collaboration opportunities and mutual benefits. An agreement nonprofit contract with Nike can open doors for funding and resources, making it a valuable step towards a successful partnership.

Indeed, Nike donates to various nonprofit organizations as part of their corporate social responsibility strategy. They prioritize partnerships that foster community development and athletic opportunities for underserved populations. By pursuing an agreement nonprofit contract with Nike, your organization could benefit from their resources and support.

To secure sponsorship from Nike, start by demonstrating how your organization can provide value to their brand. Create a compelling proposal that outlines your mission, audience, and potential impact. Engaging in an agreement nonprofit contract with Nike can enhance your credibility and ensure a productive partnership.

Yes, Nike actively supports nonprofits through donations and community engagement initiatives. They focus on organizations that align with their values, particularly those promoting sports and youth development. If you are interested in pursuing an agreement nonprofit contract with Nike, consider highlighting how your organization’s mission complements their goals.

We proactively seek athletes to wear the Swoosh and represent the Nike brand. While we appreciate your love of sport and interest in Nike, we don't accept unsolicited sponsorship requests.

(?NIKE?): RECITALS: A. This Covenant Not to Compete and Non-Disclosure Agreement is executed upon initial employment or upon the EMPLOYEE's advancement with NIKE and is a condition of such employment or advancement.

These deals are typically given to bench players and reserves ? and rather than being paid cash or royalties by the brand to wear their shoes, these athletes receive free merchandise throughout the year that can be worth $25,0000 or more, depending on the player.

Kevin Durant and Nike have agreed to a lifetime contract, making him just the third NBA player to receive such a deal, joining Michael Jordan and LeBron James. The 13-time All-Star has a relationship with Nike that dates back to 2007, releasing 15 different sets of shoes. A 16th is coming soon.

The deals usually run for 10 to 15 years and amount to millions of dollars. Most contracts consist of an annual cash payment as well as clothes, shoes, and equipment. Some even include bonus payouts if teams make it to post-season tournaments or win championships.

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Agreement Nonprofit Contract With Nike