Oklahoma Advertising Agreement between School District and Sponsor to Advertise on Electronic Scoreboard at School Sports Stadium

• Category: Contracts - Advertising
• State: Multi-State
• Control #: US-13225BG
• Format: Word; Rich Text

Description

This form is an advertising agreement between a school district and a corporate sponsor to advertise on an electronic scoreboard at a school sports stadium. Oklahoma Advertising Agreement between School District and Sponsor In Oklahoma, the Advertising Agreement between a School District and a Sponsor is a legally binding contract that governs the terms and conditions for advertising placement within school premises. This agreement allows sponsors to promote their products or services while providing financial support to the school district. 1. Types of Advertising Agreements: a) Exclusive Advertising Agreement: This type of agreement grants exclusive advertising rights to one sponsor within the school district. The sponsor benefits from maximum visibility and exposure, as no other competitors' advertisements will be allowed. b) Non-Exclusive Advertising Agreement: In contrast, this agreement permits multiple sponsors to advertise within the school district. Each sponsor receives their own designated advertising space, allowing for a diverse range of products or services to be promoted. 2. Terms and Conditions: The Oklahoma Advertising Agreement between School District and Sponsor typically contains the following elements: a) Scope of Advertising: The agreement outlines the areas of the school district where advertisements can be displayed, such as on building exteriors, sports facilities, buses, or within school publications. b) Advertisement Design and Placement: The contract specifies the size, format, and design requirements for advertisements, ensuring they align with the school district's aesthetic standards and values. c) Advertisement Approval Process: Before placement, sponsors must submit their proposed advertisements for approval to the school district. This step ensures content appropriateness and compliance with any relevant rules or regulations. d) Compensation: The agreement clearly defines the financial compensation structure, including payment terms, sponsorship rates, and the duration of the contract. e) Term and Renewal: The duration of the agreement is detailed, outlining the start and end dates. Additionally, if both parties agree, procedures for renewal or extension of the agreement can be included. f) Termination Clause: The contract includes provisions for termination, detailing circumstances under which either party can terminate the agreement, with or without cause, along with any associated penalties or notice periods. g) Indemnification: Both parties agree to indemnify and hold each other harmless from any claims, damages, or losses arising out of the advertising activities or any breach of the agreement. h) Governing Law: This section specifies that the agreement will be governed by the laws of the state of Oklahoma, ensuring compliance with local regulations. i) Confidentiality: Sponsors may be given access to confidential information about the school district, so this clause outlines the obligations and responsibilities to maintain the confidentiality of any proprietary information shared throughout the partnership. j) Dispute Resolution: In the case of any dispute or disagreement, the agreement may include clauses that define the procedure for resolving disputes, such as mediation or arbitration. In summary, an Advertising Agreement between a School District and a Sponsor in Oklahoma allows sponsors to advertise their products or services within schools while providing financial support. The agreement outlines various terms and conditions to ensure compliance, appropriateness, and mutual benefits for both parties involved.

Oklahoma Advertising Agreement between School District and Sponsor In Oklahoma, the Advertising Agreement between a School District and a Sponsor is a legally binding contract that governs the terms and conditions for advertising placement within school premises. This agreement allows sponsors to promote their products or services while providing financial support to the school district. 1. Types of Advertising Agreements: a) Exclusive Advertising Agreement: This type of agreement grants exclusive advertising rights to one sponsor within the school district. The sponsor benefits from maximum visibility and exposure, as no other competitors' advertisements will be allowed. b) Non-Exclusive Advertising Agreement: In contrast, this agreement permits multiple sponsors to advertise within the school district. Each sponsor receives their own designated advertising space, allowing for a diverse range of products or services to be promoted. 2. Terms and Conditions: The Oklahoma Advertising Agreement between School District and Sponsor typically contains the following elements: a) Scope of Advertising: The agreement outlines the areas of the school district where advertisements can be displayed, such as on building exteriors, sports facilities, buses, or within school publications. b) Advertisement Design and Placement: The contract specifies the size, format, and design requirements for advertisements, ensuring they align with the school district's aesthetic standards and values. c) Advertisement Approval Process: Before placement, sponsors must submit their proposed advertisements for approval to the school district. This step ensures content appropriateness and compliance with any relevant rules or regulations. d) Compensation: The agreement clearly defines the financial compensation structure, including payment terms, sponsorship rates, and the duration of the contract. e) Term and Renewal: The duration of the agreement is detailed, outlining the start and end dates. Additionally, if both parties agree, procedures for renewal or extension of the agreement can be included. f) Termination Clause: The contract includes provisions for termination, detailing circumstances under which either party can terminate the agreement, with or without cause, along with any associated penalties or notice periods. g) Indemnification: Both parties agree to indemnify and hold each other harmless from any claims, damages, or losses arising out of the advertising activities or any breach of the agreement. h) Governing Law: This section specifies that the agreement will be governed by the laws of the state of Oklahoma, ensuring compliance with local regulations. i) Confidentiality: Sponsors may be given access to confidential information about the school district, so this clause outlines the obligations and responsibilities to maintain the confidentiality of any proprietary information shared throughout the partnership. j) Dispute Resolution: In the case of any dispute or disagreement, the agreement may include clauses that define the procedure for resolving disputes, such as mediation or arbitration. In summary, an Advertising Agreement between a School District and a Sponsor in Oklahoma allows sponsors to advertise their products or services within schools while providing financial support. The agreement outlines various terms and conditions to ensure compliance, appropriateness, and mutual benefits for both parties involved.