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MOMENTUM NA INC. (2) - 2017
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MOMENTUM NA INC. (2) - 2017
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Last modified
6/15/2022 12:41:14 PM
Creation date
5/8/2017 12:14:34 PM
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Contracts
Company Name
MOMENTUM NA INC.
Contract #
N-2017-044
Agency
Parks, Recreation, & Community Services
Expiration Date
5/7/2017
Destruction Year
2022
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INSURANCE NOT ON FILE N-2017-044 <br />WORK MAY NOT PROCEED <br />CLERK OF. COUNC%11 <br />DATE - <br />SPONSORSHIP AGREEMENT WITH MOMENTUM NA, INC. <br />O: PRCS FOR THE BENEFIT OF THE UNITED STATES ARMY <br />Silvia Cuevas FOR CINCO HE MAYO FESTIVAL 2017 <br />THIS SPONSORSHIP AGREEMENT is made and entered into this 9'b day of March, <br />2017, by and between MOMENTUM NA, INC. for the benefit of the United States Army <br />("Sponsor"), and the City of Santa Ana, a charter city and municipal corporation organized and <br />existing under the Constitution and laws of the State of California ("City"). <br />RECITALS <br />A. The City is hosting its annual Cinco de Mayo Festival in downtown Santa Ana on <br />May 6 - May 7, 2017 ("Evernt" ). The City desires to retain sponsors for this Event. <br />& Sponsor represents that it is able and willing to provide sponsorship for this Event. <br />C. In undertaking the perfonnance of this Agreement, Sponsor represents that it is <br />knowledgeable in its field and that any activities conducted by Sponsor render this <br />Agreement will be performed in compliance with such standards as may reasonably <br />be expected from a professional firm. in such field. <br />NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the <br />terms and conditions hereinafter set forth, the parties agree as follows; <br />I. SPONSOR BENEFITS <br />In exchange for the scum specified in Section 2 below, Sponsor shall be entitled to the <br />benefits at the Events as described on .Exhibit A. Sponsor grants to City the right to use <br />Sponsor's tradezxrark(s), trade nainc(s), logo designs and company descriptions as prepared and <br />delivered to City by Sponsor in any inedi.m-n of advertising, marketing materials, and/or <br />promotional goods distributed in conjunction with the Event and in accordance with Sponsor's <br />usage guidelines. <br />2. SPONSORSHIP FEE <br />For its participation as a Sponsor for the Event, Sponsor shall pay to the City a <br />sponsorship fee of Ten Thousand Dollars ($10,000.00) for the Event. The total sponsorship fee is <br />payable by Sponsor to City upon execution of this Agreement and before the Cinco de Mayo <br />Event, but no later than May 4, 2017. <br />3, TERM <br />This Agreement shall commence on the date stated above and continue through the last <br />day of the Event, unless terminated as otherwise provided in this Agreement, <br />Page 1 of <br />
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