Sponsorship Agreement
By submitting the sponsorship registration information, the University of North Dakota (UND) and SPONSOR hereby agrees as follows:
In exchange for receipt of the sponsorship fee, which must be paid in full no later than March 15, 2019, UND agrees to provide to SPONSOR the benefits corresponding to the level of sponsorship selected (i.e., GOLD, SILVER, BRONZE, or EXHIBITOR). In order to be included in promotional information and media, SPONSOR must upload their high resolution logo to UND.edu/CDRC no later than March 15, 2019. In order to facilitate live interviews and other on-site activities, SPONSOR must provide full contact information to UND for 1-2 responsible person(s) no later than March 15, 2019. Exhibit booth space details will be provided separately by UND in advance of the event. SPONSOR hereby grants to UND the limited right to use SPONSOR’s name and logo and, if applicable, commercial advertising content, for purposes consistent with the promotion and staging by UND of the sponsored event, including event telecasts and webcasts, as well as for news reporting purposes related to the event and for educational and archival purposes, and for incidental usage in future marketing by UND in any and all media whether for its own promotional purposes or to promote similar events. If the sponsored event is canceled for any reason and not rescheduled within a reasonable time, the sponsorship fee (less a 10% non-refundable service charge) will be refunded to SPONSOR. Each party shall be responsible for its own acts and omissions. SPONSOR hereby warrants that it is fully authorized to enter into this Agreement and that the permission granted to UND herein will not violate the rights of any third parties. SPONSOR is solely responsible for the content of its own commercial advertising, if applicable, including the clearance of all audiovisual elements therein. The liability of UND shall be determined solely in accordance with Chapter 32-12.2 of the North Dakota Century Code, and subject to the conditions and limitations set forth therein. This Agreement shall be interpreted under North Dakota law, and any lawsuit arising hereunder shall be brought exclusively in the Northeast Central Judicial District Court of North Dakota. The Collegiate Drone Racing Association is not a party to this Agreement.