HomeMy WebLinkAboutSponsorship Agreement ICCU Skyline GymScope of Agreement: District 9l Board Policy 505.4 sets out the criteria that must be
adhered to by Vendor in all promotional activities of Vendor at any and all District 9l
facilities or in conjunction with any District 9l activities with which Vendor is allowed to
be associated under the terms of this Agreement. Policy 505.4 is specifically incorporated
herein as if set out in full. A copy of such policy is attached hereto as Exhibit A.
Term of Agreement: The term of this agreement will be from July l, 2019 to June 30,
2029.
Services to be Provided: It is agreed by and between the parties that Vendor shall
provide the following services or participate in the following activities:
Idaho Centrul Credit Union will receive naming rights on the center-hung 3-sided video scoreboard in the
nain gym ofSlqline High School.Naming ights include 2 stationary "wedge" signs on lhe Northwest and
Southeast corners ofthe scoreboard with ICCU colors and logos to be provided b, ICCU (74.5 "H x
36.34 "W dt top topering down to 16.64 "|Y at bottom) Additionally, the underside ofthe scoreboard
"bottom round sign " (10.63 square Jeet) will have ICCU colors and logos @rovided by ICCQ.
Additionally, ICCU will be given 3, l5-second video ads and 5 slatic logo ads Ooth to be provided by
ICCU) per event hosted in the main gy,l. ICCU will be given the option to sponsor one (1) Volleyball, one
(l) llomen's Basketball, and one (1) Men's Basketball games each yeaL with the ability to bring
protnotional vehicles, items, and displays, gear, and giveaways. This agreement isfor 10 years.
Facilities or Locations to be Utilized. Vendor agrees that no promotional materials or
activities shall utilize any classroom or other instructional area of District 9l .
Specifically, the following are the agreed upon facilities that may be utilized by Vendor
with respect to this agreement:
l. Slryline High School Main Gym (and adjacent parking lot at events sponsored
by ICCU and muaally agreed upon by both parties.)
Authorized Activities. The following are the authorized activities, advertising, and/or
services to be provided by Vendor at the above identified location(s):
Sationary advertising (2 wedge corner signs, bottam "round" sign)
3 video ads, 5 static ads per event
ICCU will be given the option to sponsor one (l) Volleyball, one (l) Women's Basketball,
and one (l) Men's Basketball games each year, with the ability to bring promotional
vehicles, items, and displays, gear, and giveaways.
Idaho Falls School District 91
Sponsorship Agreement
This agreement is made and entered into between the Idaho Falls School District 9l
(District 9l) and Idaho Central Credit Union(Vendor) to establish the terms and
conditions of Vendor providing promotional and marketing services and activities at
District facilities.
Renewals or Extensions: No later than 30 school days prior to the expiration of this
agreement the Parties shall meet and determine whether or not the agreement should be
extended and any and all changes or alterations to the scope and term of the agreement
necessary to support such extension. ln the event an extension is agreed upon a new
agreement setting out any and all changes, deletions, or additions to the original
agreement shall be entered into and signed by the appropriate parties.
Idaho Central Credit Union will receive first ight of refusal on renewal or extension.
Restrictions. Vendor agtees to comply with all restrictions set out in Policy 505.4.2 as
well as the following:
Ads must be in good nsrc and appropriate (i.e. normally produced and consumed in
public media outlets) and subject to approval by school and districl administration.
It is acknowledged by the Parties that Vendor shall make no representations of
endorsement by the Board or the District of any kind or nature of Vendor products or
services as part of the activities and services provided hereunder.
Consideration: In exchange to utilize District 9l facilities Vendor agrees to provide the
following:
One payment of$120,000 due August l, 2019 payable to SlEline High School.
Effective Datet The efective date ofthis agreement shall be _July l, 2019
which is subject to the termination date ofJune 30, 2029
unless terminated sooner pursuant to the terms and provisions of this Agreement.
Miscellaneous Provisions:
l. Each Party agrees to be solely responsible for its own acts or omissions
arising out ofthe performance of this Agreement. Each Party shall indemnify,
defend, and hold harmless the other Party from and against any and all
liability, loss, claim, lawsuit, injury, cost, damage, or expense whatsoever
(including reasonable attomeys'fees and court costs at all levels of trial and
appeal), arising (a) from or incident to a negligent or intentional act or
omission by the indemnifying Party or any of its employees, agents,
contractors or subcontractors, or (b) from a breach or default, in the
performance or non-performance of any duty or responsibility under this
Agreement, by such indemnifying Party or any of its employees, agents,
contractors or subcontractors-
2. Except as otherwise provided herein, this Agreement may be terminated upon
the occurrence of any one of the following:
Upon mutual written agreement of the Partiesa
b. In the event of a material breach of this Agreement by any Party, the
other Party shall have the right to terminate this Agreement by service
of written notice of the breach upon the defaulting Party (the "Default
Notice"). The defaulting party shall have thirty (30) days to cure the
default to the reasonable satisfaction of the non{efaulting party.
Failure to cure within such time period automatically terminates this
agreement.
Immediately, by either Party should the other Party (i) show gross or
willful misconduct in connection with the performance of its duties
and responsibilities under this Agreement; (ii) willfully fail to comply
with requirements of applicable federal, state or local law, rule or
regulation, provided that such failure to comply has a material adverse
effect on the terminating Party; or (iii) breach of any representation or
warranty made in this Agreement.
3. The District shall not be responsible for the safekeeping, installation, storage,
removal or usage of any and all materials or items provided by Vendor under
the terms of this agreement. Vendor agrees to be responsible for the removal
off and repair to any District property of facilities caused by the installation,
use or removal of any items provided or used by Vendor.
4. Vendor specifically agrees that any and all persons employed by or allowed to
access any facility of District 9l in conjunction with the authorized services or
activities under the terms of this agreement shall not be restricted in any
fashion by any Federal, State or local law, statute, or ordinance from entering
on or being within a certain distance of school facilities or property.
5. Idaho Central Credit Union, in its sole and absolute discretion, may terminate
this agreement unilaterally and at any time should you, District 9l , or any of
your employees, agents or representatives engage in any conduct, commit any
act, or do anyhing which may bring you or Idaho Central Credit Union into
public disrepute, contempt, scandal, or ridicule; orwhich might tend to reflect
unfavorably upon you or Idaho Central Credit Union.
Entered into and effective as ofthe date set out above
C
IDAHO FALLS SCHOOL DISTRICT9I Idaho Central Credit Union
Superintendent of Schools Representative