HomeMy WebLinkAboutSponsorship AgreementSPONSORSHIP AGREEMENT
This Sponsorship .Agreement is made as of this 2 'day of -t AO, 20.z,A by and between
Connor Sports ("Sponsor"), the. Townsend Entertainment Corporation ("TEC"), and the Southeast
Overtown/Park West Community Redevelopment Agency, a public agency and body corporate
created pursuant to Section 163.356, Florida Statutes (the "CRA").
RECITALS
WHEREAS, the Board of Commissioners of the CRA, by Resolution No.. CRA-R-12-0068,
passed and adopted on September 24, 2012, authorized a grant, in an amount not to exceed
$200,000: to the University of Miami ("University") to conduct film -related job training ("Film
Institute Job Training Program"), in furtherance of the CRA.'s stated redevelopment goal of creating
employment opportunities within the CRA' s Redevelopment Area.
WHEREAS, the CRA and the University entered into a Grant Agreement reflecting a grant
to the University to conduct the Film :Institute Job Training Program.
WHEREAS, Townsend is a private third party .filmproduction company that is working with the
University to assist in facilitating the film industry job training as well as the overseeing the local movie
production, "Playnii' for Love," wherein said job training is occurring.
WHEREAS, the Sponsor desires to make a contribution towards the operation of the Film
Institute Job :Training Program, and any film project produced in connection with the Film Institute
Job Training Program, in exchange for certain creditsand marketing opportunities,
WHEREAS, the CRA is relying on the Sponsor's contribution in order to further the
objectives of the Film Institute rob Training Program, and any related film project, and is willing to
accept said contribution based upon the terms set forth herein.
1
NOW, TJJJiREFORE, in consideration of themutual promises of the parties contained
herein and other good and valuable consideration, receiptof which is hereby acknowledged, the
CRA and the Sponsor agree as follows:
1. The Recitals to this Agreement are true and correct and are incorporated herein.
2. The Sponsor agrees to contribute the sum of Ten. Thousand Dollars and No Cents
($1.0,000.00) towards the operation of the Film Institute Job Tr aining:Program and any related film
project Said contribution: shall be made payableto the CRA or its designee within thirty (30)
business days from the date written above.
3. The Sponsor also agrees to provide the materials for the repair or replacement alone
(1) basketball floor, "Valued at Forty Five Thousand Dollars and No Cents ($45,000.00) and to
produce on -court signage for said floor. The .on -court signage will include the Sponsor's Logo and
Tagline. CRA or its designee will be responsible for all related installation cost of the floor: The
Sponsor acknowledges that the proposed basketball floor is expected to be installed. at a facility
Owned and operated by the City of Miami and the acceptance of the proposed basketball floor must
be obtained fromthe lvfiami City Commission. The CRA'agrees tosupport any legislative item
presented to the Miami City Commission calling for, the acceptance of the proposed basketball
floor.
4. The Sponsor's contribution shallbe used in connection with the Film Institute Job
Training Program only.
5. In exchange for the. Sponsor's contributions to the Film Institute Job Training
Program, as set forth in paragraph 2 above, TEC, on behalf of the CRA, agrees to facilitate the
following:
a. Signage, including tagline and logo, at all public and private events, tryouts
and •auditions related to the film production, "Playin for Love."
b. Release of the .November 4, 2012 video footage of "Playin' for. Love"
basketball auditions with Sponsor's tagline for use by Sponsor for marketing purposes.
c. Sponsor's logo and tagline will be added to the film credits.
6. This Agreement is made solely with the Sponsor. The benefits received by the
Sponsor under this Agreement shall not be assigned to any other party without written approval of
the CRA.
7. All notices or other communications which shall or may be given pursuant to this
Agreement shall be in writing and. shall be delivered by personal service, or by registered mail,
addressed to the party at the address indicated herein or as the same may be changed from time
to time. Such notice shall be deemed given on the day on whichpersonally served, or, if by mails
on the fifth day after being posted, or the date of actual receipt or refusal of delivery, whichever
is earlier.
To CRA: Southeast Overtown/Park West Community Redevelopment. Agency
1490 N.W..3`d Avenue, Suite 105
Miami, FL 33136
Telephone: (305) 679-6800
Facsimile: (305) 679-6835
Attn: Clarence E. Woods, III, Executive: Director
To Sponsor: Connor Sports
1830 Howard St.
Elk Grove Village, IL 60007
Telephone: 847-290-9034
Attn: • Jon Isaacs, VP GM Connor
Connor Sports
1830 Howard St:.
Elk Grove Village, IL 60007
Telephone: (801) 294-3716
Attn: Lauren Gillian, Marketing Manager
3
To TEC: • Townsend Entertainment Corporation
433 N. Camden Drive, #600
Beverly Hills, CA 90210
Telephone; (818) 752-9494
Attn: Robert Townsend, President
8. The Sponsor understands and acknowledges that any contribution .made under this
Agreement by the Sponsor carries no rightsor responsibilities in the operation of the Film Institute
Job Training Program or.anyrelated film production.
9. The Sponsor acknowledges; warrants, and represents that theindividual executing
this Agreement is authorizedto bind the Sponsor to the terms and conditions of this Agreement.
This Agreement has .been duly authorized by all necessary actions on the .part: of, andhas been, or
will be, duly executed and delivered by the Sponsor,. and neither the execution .and. delivery hereof,.
nor .compliance with the terms and provisions hereof: (i) requires the approval and consent of any
other party, except such as have been duly obtained or as are specifically noted : herein; (ii)
contravenes any existing law, judgment, governmental rule; regulationor order applicable to or
binding on any indenture, mortgage, deed of trust, bank loan or credit agreement, applicable.
ordinances, resolutions, or on the date of this Agreement, any other agreement or instrument to
which the Sponsor is a party; or (iii) contravenes or results in any breach of; or default under any
other agreementto: which the. Sponsor is a. 'party,or results in the creation of any lien or
encumbrances upon any property of the Sponsor.
[SIGNATURES ON FOLLOWING PAGE]
4
IN WITNESS WHEREOF, in consideration of the mutual entry into this Agreement, for
other good and valuable consideration, and intending to be legally bound, the CRA and the
Sponsor have executed this Agreement.
TOWNSEND ENTERTAINMENT
CORPORATION
By:
Robert Townsend
.President
Date:
ATTEST:
By:
To Hannon
City Clerk
By:
CONNOR SPORTS 411L
Jon Isaacs
Vice.President, General Manager
Date: /
By:
l
Lauren Gillian
Marketing Manager
Date: /
SOUTHEAST OVERTOWN/PARK
WEST COMMUNITY REDEVELOPMENT
AGENCY -
By:
larence E. Woods, III
Executive Director
Date:
APPROVED AS TO FORM AND
CORRECTNESS:
3r-(o-�3
5
Jes§ida N. Pacheco q.
CRA Outside Counsel