Advertising Sales Representation Agreement between Total Sports, Inc. and Golf.Com, LLC regarding exclusive advertising sales representation to sell all on-line advertising and sponsorship for the web site and any related publications or materials
Hawaii Advertising Sales Representation Agreement — A Comprehensive Overview The Hawaii Advertising Sales Representation Agreement between Total Sports, Inc. and Golf.com, LLC establishes an exclusive partnership for the purpose of selling online advertising. This agreement entails Total Sports, Inc. acting as the exclusive advertising sales representative for Golf.com, LLC in the Hawaiian market. By leveraging their expertise, market knowledge, and advertising capabilities, Total Sports, Inc. aims to maximize the revenue potential for Golf.com, LLC's online advertising platform within Hawaii. Under the terms of this comprehensive agreement, several key components are included to ensure a successful partnership between the two entities. The agreement outlines the rights, obligations, and responsibilities of both Total Sports, Inc. and Golf.com, LLC, emphasizing the exclusivity of the advertising sales representation within the Hawaiian market. Key Agreement Terms: 1. Exclusivity: Total Sports, Inc. is granted exclusive rights to represent Golf.com, LLC for all online advertising sales activities in Hawaii. This ensures that no other entities or competitors can engage in advertising sales activities for Golf.com, LLC within the Hawaiian market during the term of this agreement. 2. Scope of Representation: Total Sports, Inc. is entrusted with the responsibility of actively promoting, marketing, and selling Golf.com, LLC's online advertising inventory within Hawaii. Their dedicated sales team will engage with potential advertisers, negotiate advertising contracts, and manage ongoing relationships with clients. 3. Revenue Sharing: The agreement specifies a detailed revenue sharing structure, outlining the percentage of revenue earned by Golf.com, LLC and Total Sports, Inc. from the sale of online advertising. The agreed-upon percentage ensures fair compensation for both parties based on the overall sales performance. 4. Performance Metrics: The agreement includes specific targets and performance indicators that Total Sports, Inc. must meet to maintain the exclusivity of their advertising sales representation. Key metrics may include revenue targets, increased market share, customer satisfaction ratings, and client acquisition goals. 5. Reporting and Accountability: To ensure transparency and ongoing collaboration, Total Sports, Inc. is obligated to provide regular reports to Golf.com, LLC regarding their sales activities, advertising performance, and market insights. This information will help Golf.com, LLC to assess the effectiveness of the partnership and make data-driven decisions. Additional Types of Hawaii Advertising Sales Representation Agreements: 1. Renewal Agreement: If the initial agreement between Total Sports, Inc. and Golf.com, LLC proves successful, the parties may negotiate a renewal agreement to extend the exclusivity and continue their advertising sales representation in the Hawaii market. 2. Expansion Agreement: In the case where Total Sports, Inc. demonstrates exceptional performance and results, the parties may consider expanding the agreement to encompass additional advertising platforms, such as mobile or video advertising, thereby broadening their revenue streams. 3. Termination Agreement: If either party fails to fulfill their obligations or if circumstances require the termination of the agreement, a termination agreement will outline the terms and conditions under which the partnership concludes in an amicable manner. This protects both parties' interests and allows for a smooth transition of responsibilities. In summary, the Hawaii Advertising Sales Representation Agreement serves as a foundation for the exclusive partnership between Total Sports, Inc. and Golf.com, LLC. It outlines the rights and responsibilities of the parties involved, fosters revenue growth through effective advertising sales representation, and provides a framework for ongoing collaboration. Through this agreement, both companies aim to capitalize on the opportunities present in the Hawaiian market and achieve mutual success in the realm of online advertising.
Hawaii Advertising Sales Representation Agreement — A Comprehensive Overview The Hawaii Advertising Sales Representation Agreement between Total Sports, Inc. and Golf.com, LLC establishes an exclusive partnership for the purpose of selling online advertising. This agreement entails Total Sports, Inc. acting as the exclusive advertising sales representative for Golf.com, LLC in the Hawaiian market. By leveraging their expertise, market knowledge, and advertising capabilities, Total Sports, Inc. aims to maximize the revenue potential for Golf.com, LLC's online advertising platform within Hawaii. Under the terms of this comprehensive agreement, several key components are included to ensure a successful partnership between the two entities. The agreement outlines the rights, obligations, and responsibilities of both Total Sports, Inc. and Golf.com, LLC, emphasizing the exclusivity of the advertising sales representation within the Hawaiian market. Key Agreement Terms: 1. Exclusivity: Total Sports, Inc. is granted exclusive rights to represent Golf.com, LLC for all online advertising sales activities in Hawaii. This ensures that no other entities or competitors can engage in advertising sales activities for Golf.com, LLC within the Hawaiian market during the term of this agreement. 2. Scope of Representation: Total Sports, Inc. is entrusted with the responsibility of actively promoting, marketing, and selling Golf.com, LLC's online advertising inventory within Hawaii. Their dedicated sales team will engage with potential advertisers, negotiate advertising contracts, and manage ongoing relationships with clients. 3. Revenue Sharing: The agreement specifies a detailed revenue sharing structure, outlining the percentage of revenue earned by Golf.com, LLC and Total Sports, Inc. from the sale of online advertising. The agreed-upon percentage ensures fair compensation for both parties based on the overall sales performance. 4. Performance Metrics: The agreement includes specific targets and performance indicators that Total Sports, Inc. must meet to maintain the exclusivity of their advertising sales representation. Key metrics may include revenue targets, increased market share, customer satisfaction ratings, and client acquisition goals. 5. Reporting and Accountability: To ensure transparency and ongoing collaboration, Total Sports, Inc. is obligated to provide regular reports to Golf.com, LLC regarding their sales activities, advertising performance, and market insights. This information will help Golf.com, LLC to assess the effectiveness of the partnership and make data-driven decisions. Additional Types of Hawaii Advertising Sales Representation Agreements: 1. Renewal Agreement: If the initial agreement between Total Sports, Inc. and Golf.com, LLC proves successful, the parties may negotiate a renewal agreement to extend the exclusivity and continue their advertising sales representation in the Hawaii market. 2. Expansion Agreement: In the case where Total Sports, Inc. demonstrates exceptional performance and results, the parties may consider expanding the agreement to encompass additional advertising platforms, such as mobile or video advertising, thereby broadening their revenue streams. 3. Termination Agreement: If either party fails to fulfill their obligations or if circumstances require the termination of the agreement, a termination agreement will outline the terms and conditions under which the partnership concludes in an amicable manner. This protects both parties' interests and allows for a smooth transition of responsibilities. In summary, the Hawaii Advertising Sales Representation Agreement serves as a foundation for the exclusive partnership between Total Sports, Inc. and Golf.com, LLC. It outlines the rights and responsibilities of the parties involved, fosters revenue growth through effective advertising sales representation, and provides a framework for ongoing collaboration. Through this agreement, both companies aim to capitalize on the opportunities present in the Hawaiian market and achieve mutual success in the realm of online advertising.