SayPro Quarterly Science and Technology Competitions: Partnership/Sponsorship Agreement.

A Partnership/Sponsorship Agreement is a legally binding document that outlines the terms and conditions for collaborations between SayPro and its sponsors, mentors, or partners involved in the SayPro Quarterly Science and Technology Competitions. This agreement sets clear expectations and ensures that both parties understand their roles, contributions, and responsibilities in supporting the competition. It is designed to promote transparency, align goals, and formalize the partnership.

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1. Agreement Overview

This Partnership/Sponsorship Agreement is entered into between SayPro (hereinafter referred to as the “Organizer”) and [Sponsor/Partner Name] (hereinafter referred to as the “Partner”). The purpose of this Agreement is to establish the terms of the partnership and sponsorship in connection with the SayPro Quarterly Science and Technology Competitions for the period [Start Date] to [End Date].

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2. Definitions

• Sponsor: A company or individual providing financial support or in-kind contributions to the competition.
• Partner: A company or individual providing additional resources, mentorship, or other forms of support to the competition.
• Competition: Refers to the SayPro Quarterly Science and Technology Competitions organized by SayPro.
• Event: Includes all promotional activities, workshops, and events associated with the competition.
• Agreement Term: The period during which this partnership or sponsorship is effective.

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3. Scope of the Partnership

a) Sponsorship/Partnership Benefits

• The Partner agrees to provide [list specific contributions such as financial sponsorship, mentoring, or in-kind services] to support the SayPro Quarterly Science and Technology Competitions.
• In return, the Organizer agrees to provide the Partner with the following benefits:
  • Logo placement on promotional materials, event signage, and website.
  • Brand visibility through social media mentions, email newsletters, and press releases.
  • Exclusive access to competition events, including judging panels, workshops, and networking opportunities with participants and other sponsors.
  • Public recognition during events and in competition-related communications.
  • Mentorship or advisory roles (if applicable) for the Partner’s employees or representatives.

b) Financial Contributions

• The Partner agrees to contribute the following financial support:
  • Monetary Sponsorship Amount: $__________
  • Payment Schedule: The Sponsor/Partner agrees to pay the sponsorship fee according to the following schedule:
    • First Payment Due: $__________ on [Date].
    • Second Payment Due: $__________ on [Date].
  • Method of Payment: [Bank Transfer/Credit Card/Other Payment Methods].
• In-Kind Contributions: If the partnership involves in-kind contributions (e.g., products, services, or venue space), the value of these contributions is outlined as follows:
  • In-Kind Contribution Details: [Describe in-kind contributions, e.g., technology, materials, volunteer time, etc.]
  • Estimated Value of In-Kind Contribution: $__________

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4. Roles and Responsibilities

a) Organizer’s Responsibilities

• Promotion and Marketing: The Organizer will promote the Partner through various channels, including social media, email marketing, and event promotions, ensuring proper branding visibility.
• Event Management: The Organizer is responsible for managing all aspects of the competition, including registration, participant coordination, judging processes, and logistical arrangements.
• Reporting: The Organizer will provide the Partner with a post-event report, including an overview of the competition’s success, participant feedback, and media coverage.

b) Partner’s Responsibilities

• Contribution of Sponsorship: The Partner will fulfill the financial or in-kind sponsorship commitment as specified in this Agreement.
• Active Involvement: The Partner is encouraged to engage actively in competition activities, such as judging, mentoring, or presenting workshops (if applicable).
• Promotion: The Partner will contribute to promoting the competition via their own marketing channels, including social media, newsletters, or other relevant platforms.

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5. Duration and Termination

a) Agreement Term

This Agreement is effective from [Start Date] and will remain in effect until [End Date], unless otherwise terminated as outlined below.

b) Termination of Agreement

Either party may terminate this Agreement under the following conditions:

• By Mutual Agreement: Both parties agree in writing to terminate the Agreement before the end date.
• Breach of Agreement: If one party fails to fulfill their obligations under this Agreement, the other party has the right to terminate the Agreement immediately.
• Force Majeure: In the event of unforeseen circumstances (e.g., natural disasters, government restrictions) that prevent either party from fulfilling their obligations, the Agreement may be terminated without penalty.

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6. Intellectual Property and Branding

• Ownership of Materials: Any intellectual property (IP) created during the competition, including logos, designs, branding materials, and content, shall remain the property of SayPro.
• Branding Guidelines: The Partner must adhere to the Organizer’s branding guidelines when using logos and promotional materials. Any use of SayPro’s intellectual property requires prior written approval from the Organizer.

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7. Confidentiality

Both parties agree to keep confidential any proprietary or sensitive information shared during the course of the partnership. This includes financial details, project plans, and any other non-public information.

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8. Liability and Indemnity

• Limitation of Liability: Neither party shall be liable for any indirect, special, or consequential damages arising from this Agreement.
• Indemnification: Each party agrees to indemnify and hold harmless the other party from any claims, damages, or legal liabilities arising from their actions or negligence during the competition.

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9. Miscellaneous

• Dispute Resolution: In the event of a disagreement or dispute, both parties will attempt to resolve the issue amicably. If a resolution cannot be reached, the matter will be settled through mediation or arbitration.
• Governing Law: This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction/Region].

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10. Signatures

By signing below, both parties agree to the terms and conditions outlined in this Partnership/Sponsorship Agreement for the SayPro Quarterly Science and Technology Competitions.

• SayPro Representative (Organizer):
  Name: ___________________________
  Title: ___________________________
  Signature: ________________________
  Date: ___________________________
• [Sponsor/Partner Name]:
  Name: ___________________________
  Title: ___________________________
  Signature: ________________________
  Date: ___________________________

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This SayPro Partnership/Sponsorship Agreement ensures that the roles, responsibilities, and expectations of all parties involved in the SayPro Quarterly Science and Technology Competitions are clearly defined and legally binding. By setting clear terms for financial contributions, in-kind donations, promotional activities, and event involvement, this Agreement helps foster successful collaborations that benefit both SayPro and its partners or sponsors.