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2023 Sponsorship Agreement

  1. The sponsor abides by and agrees to pay the decided amount of sponsorship fee on the due date of payment.

  2. By following the terms and the conditions of the sponsorship agreement, the sponsor grants the sponsor to use the sponsor’s trade name logo designs, trademarks, and company descriptions in any medium of advertising means, promotional products, and marketing materials.

  3. The sponsor will indemnify and hold MTVA harmless from and against any claims relating directly or indirectly.

  4. The sponsor will provide names of individuals utilizing Symposium passes (if applicable) no later than 10 business days prior to the date of the live event utilizing the form/means provided by MTVA. The sponsor agrees changes to these names/registrations may be accommodated, when possible, at the discretion of MTVA and its agents. Late changes may not be possible to accommodate. Requests by sponsor for additional passes at full or discounted price will be based on availability and at the discretion of MTVA and its agents.

  5. MTVA will not be responsible for any damage or loss of property belonging to sponsor, its employees, contractors, agents, directors, invitees expect to the extent that claims may be solely, directly willful misconduct and gross negligence sponsor and MTVA’s employee’s directors or officers or assignees.

  6. The sponsor will give MTVA a written notice of any claim that comes within the purview of these indemnities.

  7. In no event will other parties be responsible to other parties for any consequential incidental or indirect damages, whether such liability results from the break of a sponsorship agreement.

  8. The agreement will be valid from the decided date to December 31, 2023.

  9. Sponsor has a right to terminate sponsorship agreement for breaking of the agreement due to any reason, giving the sponsor at least ten days’ notice and specify the nature of breach, as well as will provide MTVA at least ten days to resolve such breach.

  10. In case of any disagreement at any point of both parties, the parties will settle the matter through an independent arbitrator by their mutual agreement.

  11. The sponsorship agreement will supersede all mentioned oral and written forms of understanding between the sponsor and the MTVA.

  12. The sponsorship agreement may not be amended/changed or modified until the willingness to write an amendment and the signature of both parties.

  13. The sponsorship agreement will be governed and executed following the laws of the state of Connecticut.

  14. The sponsorship/agreement shall not be transferred to any third party without written approval from MTVA.

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