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Dear <<Athlete Name>>, Congratulations and welcome to the <<Your Company Name>> Team. We receive thousands of applications per season and only a select few are chosen for the team. You have been selected not only for your racing skills, but we believe that on or off the track you will be a good ambassador for <<Your Company Name>>. <<Company Background, including some top Athletes/teams you sponsor.>> After reviewing your SponsorHouse profile, you have been qualified for an: <<1) Level of Deal 2) Description of Deal – I.E. 40% off retail pricing 3) Instructions to activate sponsorship – (Accept deal thru SponsorHouse, mail signed contract) 4) Ordering Instructions – Ex: Log in to our shop on SponsorHouse to view products available and place orders, or call 555-555-1212.>> Please review the contract below and reply accepting if the terms meet your needs. Be sure to follow the instructions at the bottom of the contract upon accepting this sponsorship offer. Welcome to the team! Sincerely, <<Team Manager Your Company Name>> --------------------------------------------------------------- Athlete Sponsorship Agreement The purpose of this document is to set forth in writing the terms and conditions of the agreement reached between Sponsor, Inc., (hereinafter referred to as "SPONSOR") and <<Athlete Name>> (hereinafter referred to as “ATHLETE”). By you responding to this offer, you have accepted the ride and your account is complete and active. TO PLACE AN ORDER YOU MUST REPLY, ACCEPTING THIS OFFER AND LOG INTO THE SPONSOR SHOP ON SPONSORHOUSE. Your sponsorship requirements are as follows. 1. Agreement Period. This Agreement shall commence January 1, 2008 and shall continue through December 31, 2008 2. Definition of Certain Terms. The following terms have the following meanings when used herein: (a). "Endorsed Product" shall mean (PRODUCT DESCRIPTION) designed and sold by SPONSOR. 3. Contract Territory. Worldwide. 4. Exclusivity. ATHLETE agrees that he shall not wear or endorse any product other than Endorsed Product during the Agreement Period. 5. Use and Endorsement of Endorsed Product. ATHLETE agrees that he shall exclusively use Endorsed Product in training for and competing in motorcycle events during the Agreement Period. SPONSOR shall provide ATHLETE with the deal as outlined above for personal use in competition, training and recreation during the Agreement Period. During the Agreement Period, ATHLETE shall promote and recommend Endorsed Product exclusively to other athletes and to the public. SPONSOR must appear on all of ATHLETE’S sponsor lists, as well as appearing in all text pertaining to your name. ATHLETE agrees that Endorsed Product shall feature three (3) Sponsor logos of sizes and positions determined by SPONSOR. ATHLETE further agrees that Endorsed Product may not be modified or otherwise decorated. 6. Indemnification a) Indemnification by ATHLETE. ATHLETE shall hold SPONSOR harmless from any liability or expense (including legal fees and costs) arising from any injury to or damage to ATHLETE or any Athletes and from any injury caused to others by them, during competition or training. This shall include, without limitation, any liability or expense arising based upon SPONSOR'S alleged negligence or strict product liability, except when resulting from the willful misconduct of SPONSOR. b) Indemnification by SPONSOR. SPONSOR shall hold ATHLETE harmless from any liability or expense (including legal fees and costs) made by third parties against ATHLETE with respect to claims arising from the manufacture, sale and/or use of SPONSOR products, except when resulting from the willful misconduct of ATHLETE. 7. Employer/Employee Relationship. SPONSOR agrees that ATHLETE’S relationship with SPONSOR shall be that of an independent contractor and nothing contained in this Agreement shall be construed as establishing an employer/employee relationship between SPONSOR and ATHLETE or any Athlete. 8. Confidentiality. All parties, including but not limited to ATHLETE and SPONSOR, agree to keep all terms of this agreement, especially financial arrangements, strictly confidential. 9. SPONSOR has the right to terminate this Agreement at any time for any reason with or without cause, including unsportsmanlike conduct or a breach of any term of this Agreement. 10. Entire Agreement. This Agreement constitutes the entire understanding between SPONSOR, and aforementioned ATHLETE. Upon its execution, this Agreement cannot be altered or modified except by an agreement in writing signed by both parties, and 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. ACCEPTED AND AGREED: Sponsor By: <<Team Manager Your Company Name>> By: <<Athlete Name>>
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