and (Sponsee) 

The Refrigeration Professionals Guild of New Zealand Incorporated

 

TERMS OF AGREEMENT:

The sponsee agrees to grant the sponsor the following sponsorship rights: 

• Sponsor Banner on the footer www.refrigeration.life
• Sponsor Banner on awards webpage https://www.refrigeration.life/page/awards/
• Link to Sponsor webpage or products page
• Monthly promotion throughout the event on all social media channels including; Facebook group, Facebook page, and Linkedin. 

It is agreed that at the time of renegotiation, the sponsee will automatically invite the sponsor to renegotiate the agreement for the following year's awards.

The sponsorship promotion will be three months from the start of the award nominations each year.

In the event of a dispute arising that the parties themselves cannot resolve, the parties agree to refer the matter to an independent arbitrator appointed by mutual agreement.

If the parties cannot agree on an arbitrator, or both parties do not agree with the decision of the arbitrator appointed, the agreement may be terminated in the following manner:
a)    If the breach is one that can be rectified, then the non-breaching party can request in writing that the breach be rectified in 14 days. If the breach is not rectified within that time, the non-breaching party may terminate the Agreement immediately;

b)    If the breach is one that cannot be rectified, the non-breaching party may terminate the Agreement by giving 14 days' written notice of their intention to terminate.

c)     If either party goes into liquidation, is wound up, dissolved (except for the purpose of reconstruction or amalgamation), enters into a scheme of arrangement or is placed under official management or in receivership, the other party may terminate the Agreement by giving 14 days written notice of their intention to terminate under the clause.

d)    In the event of termination under this Agreement, each party’s rights and liabilities will cease immediately but the termination shall not affect a party’s rights arising out of a breach of this agreement by the other party.

8.     Where one party is unable to carry out its obligations under this agreement due to circumstances beyond its control or which it could not have prevented, those obligations are suspended whilst those circumstances continue, provided the other party is notified and the first party uses its best endeavours to overcome the circumstances preventing its obligations from being carried out.

9.     Each party shall indemnify the other against any claims arising from any breach of the agreement by either party.

10. The terms and conditions of this agreement shall not be disclosed to any third parties without the prior written consent of both parties.

11. The rights of either party under this agreement shall not be transferable or assignable either in whole or in part.