Beruflich Dokumente
Kultur Dokumente
Terms of Agreement
1. The sponsorship will be for the period of Friday, March 31st to Sunday, April 1st. 2. The sponsee agrees to grant the sponsor the following sponsorship rights (benefits):
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4. The rights of either party under this agreement shall not be transferable or assignable either in whole or in part. 5. It is agreed if a renegotiation of terms becomes necessary, the proposing party will automatically invite the other party to renegotiate the agreement in a timely fashion. 6. In the event that one party is unable to carry out its obligations under this agreement due to circumstances beyond the partys control or those which could not have been reasonably prevented (i.e. force majeure), those obligations are suspended whilst hindrances continue, provided the other party is promptly notified and the disadvantaged party provides best efforts to overcome the disadvantages. 7. In the event of a dispute arising that the aforementioned parties cannot resolve, both parties agree to refer the matter to an independent arbitrator appointed by mutual agreement. 8. If the parties cannot agree on alternative dispute resolution, or both parties do not agree with the decision of the appointed arbitrator, the agreement may be terminated in the following manner:
a. If a breach of contract could be rectified, then the non-breaching party may request in writing that the breach be rectified within 14 days of the breach. If the breach is not rectified within that time, the non-breaching party may terminate the Agreement immediately;
Terms of Agreement b. If the breach is one that cannot be rectified, the non-breaching party may terminate the Agreement by giving 14 days written notice of their intention to terminate; c. If both parties determine that the established agreement is no longer necessary, a mutual termination of the Agreement may immediately occur. d. Following termination, each partys rights and liabilities toward one another shall cease immediately. The termination, though, shall not affect a partys rights within this Agreement in which the termination arises out of a breach of contract by the other party.
9. Each party shall indemnify the other against any claims arising from any breach of the agreement by either party. 10. The terms and conditions of this agreement shall not be disclosed to any third parties without the prior written consent of both parties.
Signed: ____________________________________ Sponsoring Organization ____________________________________ Signature of Affiliate __________________________ Date Sigma Pi Fraternity, Iota-Alpha Chapter Sponsee ____________________________________ Signature of Social Chairman __________________________ Date