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City Council Report 915 I Street, 1st Floor Sacramento, CA 95814 www.cityofsacramento.orgFile ID: 201700803June 20, 2017Consent Item 02Title: Agreement for Naming Rights and Sponsorship Opportunities

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How to fill out agreement for naming rights

01

Step 1: Start by including the names and contact information of both parties involved in the agreement.

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Step 2: Clearly state the duration for which the naming rights are being granted.

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Step 3: Define the specific rights and privileges being granted to the party receiving the naming rights.

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Step 4: Include any financial considerations, such as payment terms or sponsorship agreements.

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Step 5: Outline the responsibilities and obligations of both parties, including the use of logos or trademarks.

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Step 6: Include any provisions for termination or renewal of the agreement.

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Step 7: Ensure that both parties sign and date the agreement to make it legally binding.

Who needs agreement for naming rights?

01

Agreement for naming rights is usually needed by organizations or individuals who want to grant naming rights of a facility, property, event, or product to another entity. This can include sports teams, concert venues, corporate sponsors, or even individuals who want to sell the naming rights of their personal property.

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What is agreement for naming rights?

Naming rights agreement is a contract between a company and a venue, where the company pays for the right to have their name on the venue.

Who is required to file agreement for naming rights?

The company purchasing the naming rights is required to file the agreement.

How to fill out agreement for naming rights?

The agreement can be filled out by including the terms of the sponsorship, duration of the agreement, financial details, and any specific obligations.

What is the purpose of agreement for naming rights?

The purpose of the agreement is to formalize the partnership between the company and the venue, ensuring both parties understand their rights and responsibilities.

What information must be reported on agreement for naming rights?

The agreement must include details such as the name of the company, duration of the agreement, financial terms, and any specific obligations of both parties.

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