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ADVERTISING AND SPONSORSHIP AGREEMENT <br /> FOR A FIELD AT THE NORTH COMPLEX <br /> AND FIELD AT FITZHUGH PARK <br /> This agreement is made by and between ConAgra Foods RDM, Inc. (SPONSOR)and the <br /> CITY OF BATESVILLE PARKS AND RECREATION DEPARTMENT(CITY), ON THIS 1st <br /> Day of January, 2012 (the"Effective Date"). <br /> WHEREAS,the CITY is the owner of certain public park amenities known as"North <br /> Complex"and"Fitzhugh Park", located at 1420 S. 20`' Street Batesville, AR 72501 and <br /> hereafter referred to as the"FACILITIES"; and <br /> WHEREAS, SPONSOR and the CITY desire to enter this agreement for the purpose of <br /> evidencing the agreement of the parties with regard to advertising on Fields at both the North <br /> Complex and Fitzhugh Park by SPONSOR and the respective obligations of the parties regarding <br /> said advertisements at the Facilities: <br /> L <br /> NOW, THEREFORE in consideration of the promises and the reciprocated covenants <br /> and obligations contained herein,the parties agree as follows: <br /> I. 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 /> II. Advertisement at Facilities <br /> a. It is agreed between the parties hereto, in return for the covenants 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 SPONSOR'S choice at the <br /> North Complex for a period of 5 years at the price at$1,500.00 per year. <br /> ii. Sign to be erected on an athletic field of the SPONSOR'S choice at the <br /> Fitzhugh Park for a period of 5 years at the price at$1,500.00 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 and 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 /> 1Scanned <br />