1. General Agreement
1.1. By agreeing to sponsor BlockHub, the Sponsor accepts the terms outlined in this agreement.
1.2. BlockHub reserves the right to make adjustments to the sponsorship program and will inform the Sponsor of any changes in advance.
2. Sponsorship Benefits
2.1. Sponsorship benefits are determined based on the agreed-upon sponsorship package. These benefits may include, but are not limited to:
- Promotion on BlockHub’s website, newsletters, and social media channels.
- Branding opportunities at events and workshops.
- Opportunities to co-create content and engage with the community.
2.2. BlockHub will make every reasonable effort to fulfill the agreed sponsorship benefits but cannot guarantee specific outcomes.
3. Sponsor Obligations
3.1. Sponsors agree to provide all required materials (e.g., logos, promotional content) in a timely manner to ensure inclusion in marketing materials.
3.2. The Sponsor is responsible for ensuring that all provided materials comply with copyright, trademark, and other applicable laws.
4. Payment Terms
4.1. Payment must be made in full within 30 days of signing the sponsorship agreement or as specified in the invoice.
4.2. Failure to make timely payments may result in suspension or cancellation of sponsorship benefits.
5. Use of Sponsorship Funds
5.1. Sponsorship funds will be used exclusively to support BlockHub’s events, programs, and operational expenses.
5.2. BlockHub will provide periodic updates to Sponsors on the use of funds if requested.
6. Termination
6.1. Either party may terminate the agreement with 30 days’ written notice.
6.2. If the agreement is terminated before the fulfillment of benefits, BlockHub will refund a proportionate amount of the sponsorship fee, excluding expenses already incurred.
7. Indemnification
7.1. The Sponsor agrees to indemnify and hold harmless BlockHub from any claims, liabilities, or damages arising from the Sponsor’s materials or actions.
8. Publicity and Branding
8.1. BlockHub may use the Sponsor’s name and logo for promotional purposes as outlined in the sponsorship benefits.
8.2. Sponsors may use BlockHub’s name or logo with prior written consent.
9. Confidentiality
9.1. Both parties agree to maintain the confidentiality of proprietary or sensitive information shared during the sponsorship agreement.
10. Dispute Resolution
10.1. Any disputes arising from this agreement will be resolved through mediation or arbitration in accordance with the laws of New Zealand.
11. Governing Law
11.1. This agreement will be governed by the laws of New Zealand.
12. Acceptance
By signing this agreement, the Sponsor agrees to abide by these terms and conditions.