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- An endorsement agreement is a contract between two parties that allows a business to use the other party's image, likeness, name, and reputation to market a product or service. In addition, an endorsement agreement outlines the terms and conditions that will guide both parties on what is expected of their business partnership.
www.contractscounsel.com › t › usEndorsement Agreement: Definition & Sample - Contract Lawyers
Jun 21, 2024 · Formats Word and PDF. Size 4 to 6 pages. Download a basic template (FREE) Create a customized document. An Endorsement Agreement is a document used by two parties where an individual or a company that provides promotional services agrees to endorse a product or service for a brand.
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- Rights & Licenses
- Endorsement Agreement Effective Date
- Payment of Royalties
- Late Payments
- Appearances
- Products For Endorser
- Competing Agreements
- Notifications
- Representations & Warranties
- Insurance
[Sender.Name] is requesting the exclusive right and license to utilize this name in connection with the advertisement, promotion, and sale of their product. This contract is an agreement for those rights and services with the following terms being in place. [Endorser.Name] will provide rights for [Sender.Company] to hold all exclusive rights and li...
This agreement shall become effective as of signature dates below and will remain effective for a term of 12 months unless prematurely terminated for failure to comply with any of the terms or conditions listed in this agreement.
[Sender.Company] agrees to pay all royalties due from sales of such products as agreed between parties.Any and all royalties owed will be due on a yearly basis and shall be payable no later than thirty (30) days after the termination of the preceding full calendar quarter. For each royalty period due [Sender.Comany] will provide endorser with writt...
Late payments will be subject to a late fee of [Late.Percentage] of cost due. Late fees are subject after payment terms are not satisfied.
Upon [Sender.Company] request, [Endorser.LegalName] will make appearances no more than [Appearance.Number] of times on a yearly basis for photography and promotional purposes. [Sender.Company] Understands endorsers’ obligations and other requirements therefor will provide 10 days written notice prior to any appearances. [Sender.Company] is in agree...
During the Term of this Agreement, [Sender.Company] shall supply Endorser, any and all products the Endorser may reasonably request for his or her own personal use or for distribution in connection with charitable events. The Products shall be created with the highest quality or at least equal to comparable products manufactured and marketed by [Se...
[Endorser.LegalName] has not entered into any employment or non compete agreements with [Sender.Company] therefore is prohibited from the endorsing of any third parties.
Any notice required to be given to Endorser shall be delivered by certified mail, personal delivery, or overnight delivery paid for by [Sender.Company] [Endorser.LegalName] has the option and right to inspect any and all books and records as well as any other documents and material in [Sender.Company] possession or control with respect to the subje...
Endorser represents and warrants that he or she has the full right, power, and authority to grant the Property herein. Endorser represents that he or she is in good health and does not plan to retire during the Term of this Agreement Endorser agrees to conduct themselves in a professional and legal manner at all times during the term of this contra...
[Sender.Company] is responsible for obtaining and maintain adequate insurance coverage during the term of this agreement. Furthermore [Sender.Company] agrees to furnish Endorser a certificate of insurance evidencing such insurance prior to the manufacture, distribution, or sale of the Product.
Oct 18, 2021 · An endorsement agreement is a contract that allows a business to use the other party's image, likeness, name, and reputation to market a product or service.
Searches related to define endorsement in business terms and conditions template word
An endorsement agreement is a legally binding contract between a company and an endorser, which outlines the terms and conditions of their collaboration. This agreement grants the company permission to use the following: Endorser’s name. Image and likeness for the advertisement. Promotion and sale of its products or services.
An endorsement agreement is a legal contract between a company and an individual (usually a celebrity, influencer or public figure) wherein the individual agrees to promote the company’s products or services. In return, the company compensates the endorser, either monetarily or with other benefits like free products or services.
Endorsement agreements are legally binding contracts that set out the terms, conditions, and obligations of both parties. Designed to protect the interests of all involved, they provide clarity and security for everyone involved in the agreement.
Feb 1, 2024 · An endorsement agreement is a legal contract between a person or entity (the endorser) and another party (the endorsee) where the endorser agrees to publicly promote, recommend, or support the endorsee’s products, services, or brand.
