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BOAT SPONSORSHIP AGREEMENT AUGUSTA SOUTHERN NATIONALS DRAG BOAT RACE July 20 22, 2013 I. Sponsorship Plan (Check preference): A. ×1,200.00Includes the following class of boats: Top Fuel Hydro B.

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How to fill out boat sponsorship agreement

How to fill out a boat sponsorship agreement:

01

Gather all necessary information: Before starting to fill out a boat sponsorship agreement, make sure you have all the relevant details handy. This may include the name and contact information of the sponsor, the boat owner's name and contact information, the duration of the sponsorship, the terms and conditions, and any specific obligations of each party involved.

02

Understand the terms and conditions: Carefully read through the sponsorship agreement to understand the rights and responsibilities of both the sponsor and the boat owner. This may include provisions regarding advertising rights, exclusivity, payment terms, and any additional obligations both parties must adhere to.

03

Fill in the basic details: Begin by entering the relevant information in the designated fields in the sponsorship agreement. This typically includes the names and contact information of both parties, as well as the effective date of the agreement.

04

Define the sponsorship terms: Clearly state the duration of the sponsorship agreement, specifying the start and end dates. This ensures both parties are aware of the agreed-upon timeline.

05

Outline the sponsor's obligations: Detail the specific obligations of the sponsor during the sponsorship period. This may include the placement of sponsor logos on the boat, participating in promotional activities, or any other requirements outlined in the agreement.

06

Specify the boat owner's obligations: Indicate the obligations of the boat owner throughout the sponsorship period. This can include maintaining the boat in good condition, adhering to any guidelines provided by the sponsor, and ensuring the sponsor's rights are respected.

07

Include provisions for termination or renewal: If applicable, outline the circumstances under which either party can terminate the sponsorship agreement before the agreed-upon end date. Additionally, include any provisions for renewal or extension of the sponsorship agreement.

Who needs a boat sponsorship agreement?

01

Boat owners seeking financial support: Boat sponsorship agreements are essential for boat owners who are looking for financial support from sponsors. These agreements help formalize the terms of the sponsorship and protect the interests of both parties involved.

02

Sponsors looking for brand exposure: Companies or individuals interested in promoting their brand or products through boat sponsorship can benefit from having a written agreement. A sponsorship agreement ensures that the sponsor receives the agreed-upon advertising rights and other benefits in exchange for their financial support.

03

Event organizers: If you are organizing a boat race, show, or any other boating event, having boat sponsorship agreements in place can help attract sponsors and secure the necessary funding for the event. These agreements outline the terms and obligations of each party, ensuring a clear understanding of the sponsorship relationship.

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