Such a celebrity must be a well-known personality within a given field. During the Contract Period: a) Subject to the terms of Paragraph 6 below, Auriemma will make the appearances and provide to Berkshire during the Services Period the services, initiatives and programs described in Schedule A attached hereto (the Endorsement Services); and. 3. This Agreement shall bind and inure to the benefit of Auriemma and his successors and permitted assigns. Technical and scientific agreement, policy level endorsement, effective regional collaboration supported by international organizations, and wide stakeholder participation are essential for successful implementation of regional and international criteria and indicators processes (a) In consideration of the rights and benefits granted to Berkshire hereunder, Berkshire shall pay to Auriemma the sum of Four Hundred Eighty Thousand and 00/100 Dollars ($480,000.00), as set forth in Paragraph 4 (b)-(c)below. <p>Celebrity influencer agreements are a special breed of product endorsement contracts. 3. Artist Endorsement Agreement. Words enclosed by square brackets indicate that these must be amended or added to. A celebrity endorsement agreement is a contract between a well-known celebrity and a company or organisation that wants to advertise their company or products using the celebrity's name. An Endorsement Agreement is a contract that lets a company use someone's name, likeness, and reputation to promote a service or product.This Celebrity Endorsement Agreement clearly defines the terms of the endorsement, including how the endorser will use or advertise the endorsed product or service. His prior experience before entering private practice includes negotiating sales contracts for a Fortune 500 healthcare company, as well as regulatory compliance contracts for a publicly traded dental manufacturer. If during the Contract Period Berkshire desires to make reference to University of Connecticut, UConn, or to use of the University of Connecticut logos or trademarks, or to refer to Auriemmas position as head womens basketball coach for the University of Connecticut, Auriemma agrees to use reasonable efforts to obtain the necessary consents from the State of Connecticut and the University of Connecticut in order to permit Berkshire to do so, it being understood by Berkshire that Auriemma makes no representation or warrantees that he will be able to obtain such consents and that the time required to obtain such consents is wholly outside of the control of Auriemma. 4. Successful athlete endorsements can enhance consumer recognition of a brand and increase the relative perceived value of the products being endorsed. Purpose of a celebrity endorsement agreement. EXCLUSIVITY. b. This Agreement may be modified or amended in writing, if the writing is signed by the Party obligated under the amendment. Last Update: May 30, 2022. Whether you represent a celebrity or a company hir-ing one, here are the most important points to cover in a typical celebrity endorsement agreement. Endorsement Agreement Form. 1. 8. Endorser represents that he or she is in good health and does not plan to retire during the Term of this Agreement Endorser agrees to conduct themselves in a professional and legal manner at all times during the term of this contract including but not limited to events, advertising opportunities, and person ventures. 20. 25. 19. Endorsement contracts are used to detail the agreement between brands and celebrities or famous figures paid to represent the brand. ENDORSEMENT AND GRANT OF RIGHTS. self drafting agreements to govern that relationship. Our celebrity endorsement agreement is produced in general terms without specific reference to a particular industry, although it can be easily adapted to suit any product, whether physical or electronic. Mr. Brennan firmly believes that every business deserves a lawyer that is both responsive and dependable, and he strives to provide that type of service to every client. 5. e) RIGHTS shall mean all of the endorsement rights, services and other rights and benefits granted to Berkshire in this Agreement. There's a lot to learn about how contracts can protect influencers and make big . Targeted sponsorships typically last for several years. Morals Clause THIS ENDORSEMENT AGREEMENT (Agreement) by and between GENO AURIEMMA (Auriemma) and BERKSHIRE BANK, a Massachusetts savings bank with its principal place of business at 24 North Street, Pittsfield, MA 01210 (Berkshire)(Each or both of which shall hereinafter be referred to as the PARTY or PARTIES, respectively). 5. If you need any legal assistance regarding arts and entertainment, our commercial lawyers are here to help! ________. This provision shall continue to be effective after the termination of this Agreement. The grayed-out words become clear when the document is downloaded. Auriemma will permit Berkshire to place a link on its website (Berkshirebank.com) throughout the Contract Period, directing website viewers to a landing pagepromoting Berkshires product or brand containing the Auriemma Identification. This Agreement shall be construed in accordance with the laws of the State of Alabama. If any term, covenant, condition or provision of this Agreement or the application thereof to any person or circumstance, shall to any extent be held to be invalid, illegal, or unenforceable in any respect, the remainder of this Agreement, or application of such term or provision to a person or circumstance other than to those as to which it is held invalid, illegal, or unenforceable, shall not be affected thereby, and each term, covenant, condition or provision of this Agreement shall be valid and shall be enforced to the fullest extent provided by law. ENDORSEMENT AGREEMENT This ENDORSEMENT AGREEMENT (the "Agreement") is dated as of the 15th day of January 2018 and shall be made effective as of February 1, 2018 ("Effective Date") between Adidas Corporation, United States Division ("Adidas"), an Oregon corporation, and Corey Davis ("Athlete"), an individual. PAYMENTS. The scope of their endorsement can vary from wearing particular merchandise to making social media posts to attending promotional events. A member of the BOPA Executive Committee and representative of the third party will sign an Endorsement Agreement Form (appendix 1) before the endorsement is finalised. 2. CONFIDENTIALITY. Such a figure may be a celebrity, athlete, social media influencer or business leader. 9. leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment; the First Variation Agreement means the agreement a copy of which is set forth in the Second Schedule; Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection; Reimbursement Agreement means, with respect to a Letter of Credit, such form of application therefor and form of reimbursement agreement therefor (whether in a single document or several documents) as the Issuing Bank may employ in the ordinary course of business for its own account, with such modifications thereto as may be agreed upon by an Issuing Bank and a Borrower, provided that such application and agreement and any modifications thereto are not inconsistent with the terms of this Agreement. AURIEMMAS ENDORSEMENT SERVICES AND APPEARANCES, PROTECTION OF THE AURIEMMA IDENTIFICATION, Employment Contract Review: Costs, What To Expect. Auriemma will sign 100 items per year during the Services Period for Berkshire provided all items are to be obtained at Berkshires cost, provided, however, that Berkshire shall not sell any items autographed by Auriemma and Auriemma will not be required to sign any item that is manufactured by a competitor of Nike and subject to Nikes right to disapprove any items. The term of this Agreement shall be one (1) year, and either party shall have the right to terminate this agreement at any time. 20. Endorser may only spend the following maximum amount of hours on services provided to Brand per week: ________. I am an experienced technology contracts counsel that has worked with companies that are one-person startups, publicly-traded international corporations, and every size in between. Use them for competitive intelligence, drafting documents or to get information about transactions within a particular industry or sector. Federal laws may restrict what services can be contracted for (for example, illegal services may not be contracted for) and certain broad categories, like contracting for something that looks more like an employment relationship, but individual state laws may govern the interpretation of the contract in case of a dispute. c. Endorser hereby agrees that they shall not endorse or sponsor any other product/service made or sold by any other company, individual, manufacturer, or retailer which is the same or overwhelmingly similar product/service as Brand. If any use of the Auriemma Identification submitted for approval as provided herein is disapproved, Berkshire shall be advised of the specific grounds for disapproval. Payment Agreement means a written agreement which provides. bankruptcy or insolvency laws; (ii)has appointed for it or for any substantial part of its property a court-appointed receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official; (iii)makes an assignment or the benefit of its credits; (iv)fails generally to pay its debts as they become due; or (v)takes corporate action in furtherance of any of the foregoing (collectively, herein referred to as Events of Insolvency), then, in each case, the Bankrupt Party shall immediately give notice of such event to the other Party. For any payment that is not paid within 10 (ten) days of its due date, Brand shall pay a late fee of $________ (________). This paragraph shall survive termination of this Agreement. All Service Agreements are subject to both federal and state laws that cover general contract principles governing how contracts are created and interpreted by courts. Get helpful updates on where life and legal meet. this is a document preview . This Agreement may be executed in any number of counterparts, each of which shall be deemed an original and all of which will constitute together a single document. The failure of either Party to enforce any provision of this Agreement shall not be construed as a waiver or limitation of that Party's right to subsequently enforce and compel strict compliance with every provision of this Agreement. 5588 222882 85588 52885882 8825 8522888222 522588 252 252552 22 252 5225582. Hawke is an experienced attorney with a law practice in Mobile, Alabama. To provide the Executive with the rights to name a beneficiary or beneficiaries for a portion of the death benefits under the Policies as provided for in Section 3.a. This Agreement shall be governed by and construed in accordance with the laws of the State of Connecticut. Your right to the Stock under this Restricted Stock Unit Agreement vests in accordance with the schedule shown on the cover sheet, subject to the terms and conditions of the Endorsement Agreement and, as applicable, this Restricted Stock Unit Agreement. Now, we have got the complete detailed explanation and answer for everyone, who is interested! b. Wall Street Journal Critical of Renewed China-Vatican Agreement Immediately after learning of the renewed endorsement of the agreement between China and the Vatican . Endorsement Agreement is a contract that allows an organization to use a celebrity's name and reputation to promote a product or such services by his consent. NOW, THEREFORE for and in consideration of the foregoing, and the mutual covenants and agreements set forth herein, the Parties hereby agree as follows: The following terms shall be defined in the Agreement as follows: a) CONTRACT PERIOD means that period of time commencing upon the full execution of this Agreement by both Parties and terminating on May31, 2016 unless sooner terminated under this Agreement. Any dispute or difference between the parties hereto arising out of or relating to this Agreement shall be settled by arbitration in accordance with the Commercial Rulesof the American Arbitration Association by a panel of three qualified arbitrators. In addition, an endorsement agreement outlines the terms and conditions that will guide both parties on what is expected of their business partnership. Provide the return address that you would wish that the letter be mailed to. Auriemma will participate in one (1)recording session annually during the Services Period of not more than two (2)hours, not including travel time, to record a radio advertising spot at a date and location to be mutually agreed upon; 3. d) Nothing herein shall grant Auriemma any rights to use any of Berkshires trademarks, names, services marks, logos or any copyrightable materials with Berkshires prior written consent. This document is specifically for services related to someone providing endorsement services. 6. 2. It is important to note that this is generally the main source of income for the endorser subject to these agreements. For example, if you are a banker, you may need a financial advisor to endorse a check. Endorsement means a written endorsement issued by Us on the Schedule to record any changes to the applicable terms and conditions of this Policy or the details contained in the Schedule. At the end, you receive it in Word and PDF formats. Berkshire and Auriemma shall each choose an arbitrator and the two (2)arbitrators so chosen shall choose the third. Most endorsement agreements in which a company pays an athlete (or celebrity) to promote its products or services contain a "morals clause." A morals clause allows a company to terminate, or otherwise take some corrective action against, an endorser who is tarnishing the company's reputation based on some "immoral" conduct. Lien Waiver Agreement means an agreement which is executed in favor of Agent by a Person who owns or occupies premises at which any Collateral may be located from time to time and by which such Person shall waive any Lien that such Person may ever have with respect to any of the Collateral and shall authorize Agent from time to time to enter upon the premises to inspect or remove the Collateral from such premises or to use such premises to store or dispose of such Inventory. By discussing the specifics of the Agreement ahead of time, both the service provider and the client can make sure that their needs and wishes about the business relationship are known and honored. Endorsement contracts come with explicit morals clauses as a way to limit and handle negative activity that is seen as a negative reflection of the brand. Upon its execution, this Agreement shall supersede all prior negotiations, understandings and agreements, whether oral or written, and such prior agreements shall thereupon be null and void and without further legal effect. In connection with this Agreement, the Endorser agrees to perform the following services: a. Endorser authorizes and grants to Brand the exclusive right, license, and interest to use this Endorsement in respect of the marketing, promotion, advertising, and sale of their product/service. Brand will pay Endorser weekly in the amount of $________ (________). Watch as attorney Giselle Ayala tears down Shaq's agreement with Papa John . 552 2588552 22 2522 585885882 25 5288825 252 52588828 82 252 2822 525 252225 25288525 225 82 2588 825222222. Importantly, an endorsement agreement will stipulate the number of appearances that the endorser must make in a specified time period. This Endorsement Agreement is made effective as of the following date: ________, by and between the following endorser (the "Endorser"): B. The blurry words become clear when the document is downloaded. For the endorser, common reasons for termination may be bankruptcy of either party, failure to make payment, or failure to provide adequate insurance. It is agreed that the terms of an Endorsement shall supersede any conflicting provisions in this Policy Document, Rider or Schedule. Auriemma may elect to have cash payments due Auriemma hereunder made by check, wire transfer, or bank transfer. Engagement. Specifically, the business will cover the endorser for the duration of the agreement, in relation to activities concerning the endorsement. This Agreement is the entire agreement of the parties and cannot be altered or modified except by an agreement in writing signed by both parties. Specifically, this clause allows the business to use the endorsers name in any advertisement or promotion to do with the product or service. Hiring a lawyer on ContractsCounsel is easy, transparent and affordable. You will often need to cover issues 1) ENDORSEMENT AGREEMENT. At the termination of this Agreement, a final accounting shall be made between the parties. 6. Replacement Agreement shall have the meaning set forth in Paragraph 2(b) hereof. Receive flat-fee bids from lawyers in our marketplace to compare. I work with early stage startups (in Georgia and internationally) with their formation, contract, patent and investment needs. Conversely, the business will be able to terminate if the endorser engages in criminal activity, misrepresents the product or breaches any terms of the agreement. Any endorsement is simply based upon the adherence of the candidate to the principles set down by the party; Endorsement automatically becomes relinquished when it is found that the contents of this agreement, the platform, goals or principles of the party are not the aim of the recipient, nor actively pursued in private or public activity or . Endorser and any of Endorser's employees, agents, or representatives will not at any time or in any manner, either directly or indirectly, use for the personal benefit of Endorser, or divulge, disclose, or communicate in any manner any information that is proprietary to Brand. It addresses the benefits and risks of using celebrity endorsements, preliminary considerations when entering into a celebrity endorsement agreement, key clauses in a typical celebrity endorsement agreement, and key issues to consider when drafting or reviewing those agreements. 552 2885552282 22 522 22 252 228828822 85588 8228282522 5 25225858 5225582 52525 2588 825222222: 5. IP Mall | The Oldest and Most Critically Acclaimed Open Access . Two parties are usually agreeing on an endorsement agreement. Where the University has entered into an arrangement for the Endorsement of Training, an Endorsement Agreement must be drawn up, and should be in place prior to the progression of students to or from the collaborating institution. 7. Endorsement contracts. The performance of such Partys obligations will be suspended during the period that the Force Majeur Event persists and such Party will be granted an extension of time for performance equal to the period of the delay. 21. Use the form on the left to fill in the template. i) $ shall mean the lawful currency of the United States of America unless otherwise specified. Nothing herein shall prevent Auriemma from assigning the monetary benefits (but not the obligations) of this Agreement, as he may so desire. d. Endorser hereby agrees that they shall not serve as an endorser of any other company, individual, manufacturer, or retailer that sells the same or overwhelming similar product/service as Brand. Berkshire and Auriemma wish to enter into an agreement to cooperate and coordinate the marketing of Auriemmas endorsement with Berkshires banking services. If performance of this Agreement or any obligation under this Agreement is prevented, restricted, or interfered with by causes beyond either party's reasonable control ("Force Majeure"), and if the Party unable to carry out its obligations gives the other Party prompt written notice of such event, then the obligations of the Party invoking this provision shall be suspended to the extent necessary by such event. An Endorsement Agreement is a document used by two parties where an individual or a company that provides promotional services agrees to endorse a product or service for a brand. If any provision of this Agreement will be held to be invalid or unenforceable for any reason, the remaining provisions will continue to be valid and enforceable. This Agreement authorizes the brand to make use of the endorser's name, likeness, and reputation to promote their service or product. Based on your field, the specific endorsement you ask for may vary. 01. At the end, you will immediately receive the document in Word and PDF formats. Determine what you want to ask for.
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