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2014-09-01-R
CITY-OF-BATESVILLE
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2014-09-01-R
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6/1/2016 11:47:03 AM
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• EXHIBIT A <br /> ADVERTISING AND SPONSORSHIP AGREEMENT <br /> FOR A FIELD AT NORTH COMPLEX <br /> This agreement is made by and between Centennial Bank (SPON OR) and the CITY OF <br /> BATESVILLE PARKS AND RECREATION DEPARTMENT(CITY), DN THIS 91h Day of <br /> September, 2014 (the "Effective Date"). <br /> t <br /> WHEREAS, the CITY is the owner of certain public park amenities known as the "North <br /> Complex", and hereafter referred to as the "FACILITIES"; and <br /> WHEREAS, SPONSOR and the CITY desire to enter this agree nt for the purpose of <br /> evidencing the agreement of the parties with regard to advertising on a field at North Complex <br /> by SPONSOR and the respective obligations of the parties regarding said advertisements at the <br /> Facilities: <br /> F <br /> NOW, THEREFORE in consideration of the promises and the rec procated covenants <br /> • and obligations contained herein, the parties agree as follows: <br /> 1. Term <br /> a. The term of this Agreement is for a period of 5 YEARS commencing on the <br /> Effective Date and ending at midnight on the fifth anniversary thereof. <br /> 11. Advertisement at Facilities <br /> a. It is agreed between the parties hereto, in return for the co enants and conditions <br /> set forth herein that the SPONSOR'S name and/or logo shall be put on: <br /> i. Sign to be erected on an athletic field of the SPON OR'S choice at North <br /> Complex for a period of 5 years at the price at $1,5 0.00 per year <br /> b. It is agreed between the CITY and the SPONSOR that the sign size shall be 36"x <br /> 72"and the CITY will be responsible for the maintenance ind upkeep of the sign. <br /> In addition, CITY will pay for the sign including any graphics on the sign. <br /> However, it shall be the responsibility of the SPONSOR to bear any expense <br /> should changes be requested to the sign during the term of this agreement. <br /> c. It is agreed between the CITY and the SPONSOR that all lield signage will be <br /> uniform in size and no other sponsorship signage will be p aced at the <br /> FACILITIES that exceeds 36"x 72". <br /> • <br />
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