Sample Collaboration Agreement Contract With Nike

State:
Multi-State
Control #:
US-13114BG
Format:
Word; 
Rich Text
Instant download

Description

The Sample Collaboration Agreement Contract with Nike outlines the essential terms and conditions for a partnership between two corporate entities, referred to as ABC and XYZ. This document specifies the purpose of the collaboration, which involves joint efforts, and details the scope, duration, and decision-making structures necessary for effective collaboration. Key features include definitions of responsibilities, resource commitments, and the establishment of a Leadership Committee for operational management. Users are instructed to fill in specific details such as the involved parties' names, dates, and descriptions of contributions. The form also addresses risk management strategies, accountability processes, and mechanisms for adding new participating parties. Furthermore, it includes provisions for the termination and amendment of the agreement, ensuring flexibility in managing the collaborative relationship. The document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who require a structured approach for formalizing collaborations, as it provides a clear framework for negotiation and partnership execution.
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FAQ

What is usually included in a collaboration agreement?...Jump to:Details of the joint project.Collaboration period and schedule.Confidentiality, exclusivity and permitted use.Reporting and project management.Payments by each party.Intellectual property rights.Data Protection.Non-solicitation.More items...?

Each Contract Year, NIKE shall receive: (i) fifty (50) tickets (i.e., 46 tickets in addition to NIKE's 4 season tickets) to one mutually agreed upon football game; (ii) twenty-five (25) tickets (i.e., 17 tickets in addition to NIKE's 8 season tickets) to one mutually agreed upon men's basketball game.

What are the Basics of a Sponsorship Agreement Template?The date the parties enter into the agreement.The names and addresses of the sponsor and rights holder/property.The start and end date the agreement.Terms regarding the right of renewal/right of first refusal.More items...

A sponsorship agreement is a legally binding contract, written to provide fair and equitable transactions between a company or individual that is promoting the company, and the company that holds a brand, product, or offers a service. Sponsorship is a form of marketing.

The total value of the Nike deal, not including incentives, is $46.45 million over six years, an average of $7.7 million per year, according to the contract.

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Sample Collaboration Agreement Contract With Nike