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HomeMy WebLinkAboutTuskawilla Karate Centers, LLC Addendum to Sponsorship Agreement 2021 05 24 ADDENDUM TO SPONSORSHIP AGREEMENT THIS ADDENDUM TO SPONSORSHIP AGREEMENT ("Addendum") is made and entered into as of the I A day of q t -„2021,by and between the CITY OF WINTER SPRINGS,a Florida Municipal Corporatio ("City")located at 1126 East State Road 434,Winter Springs, Florida 32708, and Tuskawilla Karate Centers, LLC, a Florida Limited Liability Company,d/b/a Championship Martial Arts-Tuskawilla,("Sponsor"),whose principal address is 1295 Tuskawilla Rd., #1057. Winter Springs,Florida,32708. WITNESSETH: WHEREAS, the City holds certain annual events, inclusive of the "Celebration of Freedom" (July 4th event) (the "Event" or"Special Event"), for the benefit and enjoyment of its citizens; and WHEREAS, the parties entered into that certain Sponsorship Agreement dated April 15, 2021 ("Agreement')which secured Sponsor's contribution to the City as a sponsor of the Event as further detailed therein; and WHEREAS, following execution of the Agreement, due to logistical changes relating to the Event,the parties negotiated the revision of certain provisions of the Agreement; and WHEREAS,the Parties desire to amend the Agreement to provide for Sponsor to sponsor the 2021 Event in accordance with the terms and conditions of the Agreement. NOW THEREFORE,in consideration of the provisions contained in this Agreement,and other good and valuable consideration in which the parties acknowledge has been received, the parties agree as follows: 1.0 Incon° oration of Recitals.The foregoing recitals are true and correct and by this reference are fully incorporated into this Addendum. 2.0 Terms and Conditions of SponsorshiD Benefits Provided by the Cfty. Section 7.1 of the Agreement is hereby deleted in its entirety and replaced with the following: 7.1 Industry exclusivity relating to the Event. Sponsor shall enjoy industry exclusivity as to sponsorship of and participation in the Event. For purposes of this Agreement, Sponsor's industry exclusivity shall be limited solely to mixed martial arts, which relates to and includes businesses offering mixed martial arts training or classes. The City will not allow any other person or company within said industry to sponsor or participate in the Event during the term of this Agreement. 3.0 Terms and Conditions of S)onsorshi Benefits Provided bA7 the Citv. Section 7.2 of the Agreement is hereby deleted in its entirety and replaced with the following: Sponsorship Agreement—Addendum-Celebration of Freedom City of Winter Springs/Championship Martial Arts Page 1 of 2 7.2 Space for tent/booth provided in Preferred Location during Event. The City will provide to Sponsor a 10-foot by 10-foot(10, x 10')space in a preferred location agreeable to both parties for the placement of a City approved tent/booth,tables, and chairs, in which Sponsor may promote its company and conduct advertising,dissemination of information, and other City- approved booth related activities. The City will provide one 10-foot by I0-foot tent, one table, and chairs for use by Sponsor. Sponsor shall break-down and clean-up the tent/booth' space and remove all of Sponsor's materials,garbage, and other debris,and return to the City any City tents, tables and chairs,within two hours of the Event's conclusion. 4.0 Terms and Conditions of Sonsorshi Benefits Provided b the Cit . Section 7.5 of the Agreement is hereby deleted in its entirety and replaced with the following: 7.5 Opportunities for Promotional Business Advertising on Banners. Sponsor shall have the opportunity to promote its business via three (3)banners during the Event.Banners shall be provided by Sponsor. Banner locations will be chosen at the sole discretion of the City. If Sponsor desires that such banners be returned to Sponsor following the Event, Sponsor is responsible for the coordination and pickup from City staff of such banners within one week of the Event. 5.0 Terms and Conditions of S onsorshi. Benefits Provided b the Ci Section 7.8 of the Agreement is hereby deleted in its entirety and replaced with the following: 7.8 Hospitality passes. For each Event, the City will provide Sponsor with five (5) hospitality passes for entrance by five persons to the hospitality tent wherein food and beverages will be provided. The hospitality passes are non-transferable and must be used by Sponsor and its company staff. 6.0 Other Terms and Conditions. Any other term or condition of the Agreement not expressly modified by this Addendum shall remain in full force and effect. IN WITNESS WHEREOF,the parties hereto have executed this Addendum on the day and year written above. CITY OF WINTER SPRINGS, FLORIDA TUSKAWILLA KARATE CENTERS, LLC,D/B/A CHAMPIONSHIP MARTIAL ARTS - .meµ TUSKAWILLA By- B -„ hawn Boylty Manager "" Name/Title: i 1 "t'C. n Dan ... (Please print Dated- o z. Dated: 2A Sponsorship Agreement—Addendum-Celebration of Freedom City of Winter Springs/Championship Martial Arts Page 2 of 2