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Noun. a contract between an employer and a senior employee, esp a director, executive, etc.
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.
A sponsorship is when a company commits money or resources to a nonprofit event or program in exchange for specific promotional benefits. In exchange for supporting the nonprofit, the company gets their name and logo on things like: Banners. T-shirts or wearable swag.
A research contract is a legal document detailing the obligations of two or more parties over the course of a research project. It usually has specific deliverables and milestones to be met and dictates how the contracting parties will interact with each other.
Under a service contract, well-defined work is conducted on a pay-for-service model. In contrast, in sponsored research, the scope of work, project plan, and budget are primarily defined by the principal investigator.
Service agreements are contracts between a customer or client and the person or business providing the service. It defines the relationship, the responsibilities of each party, the compensation or payment and the services that will be provided, among other things.
A Sponsored Research Agreement (SRA) is a contract between Yale and a sponsor for the purposes of funding and conducting research at Yale. A SRA may be supported by a for-profit (e.g., private industry) or non-profit (e.g., state or federal government, foundations, etc.) sponsors.
Sponsoring something (or someone) is the act of supporting an event, activity, person, or organization financially or through the provision of products or services. The individual or group that provides the support, similar to a benefactor, is known as the sponsor.
That said, the basics of a sponsorship agreement often include: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 an agreement that sets out the terms on which a sponsor (your business) will provide support towards or for: an event; a club; a community group; or. an individual.