Commencement of and Compensation for Services. Following execution of this Agreement by the Town, Adventure Fit shall be authorized to and shall commence performance of the Services as described in Exhibit A, subject to the requirements and limitations on compensation as provided by this Section 2.0 and its subsections. Compensation to be paid hereunder shall not exceed One Hundred Sixty Thousand Dollars ($160,000.00) plus fifty percent (50%) of all sponsorship sales, after activation expenses have been paid, unless a larger amount is agreed to by and between the Parties in accordance with the amendment requirements of this Agreement.
Appears in 2 contracts
Samples: Professional Services Agreement, Event Co Production and Joint Funding Agreement
Commencement of and Compensation for Services. Following execution of this Agreement by the Town, Adventure Fit shall be authorized to and shall commence performance of the Services as described in Exhibit A, subject to the requirements and limitations on compensation as provided by this Section 2.0 and its subsections. Compensation to be paid hereunder shall not exceed One Hundred Sixty Seventy-Five Thousand Dollars and No Cents ($160,000.0075,000.00) plus fifty percent (50%) of all sponsorship sales, after activation expenses have been paid, for event production costs unless a larger amount is agreed to by and between the Parties in accordance with the amendment requirements of this Agreement.. Adventure Fit shall also be entitled to a percentage of the Event sponsorship sales as set forth in Exhibit A and Exhibit B.
Appears in 2 contracts
Samples: Professional Services Agreement, Professional Services Agreement
Commencement of and Compensation for Services. Following execution of this Agreement by the Town, Adventure Fit shall be authorized to and shall commence performance of the Services as described in Exhibit A, subject to the requirements and limitations on compensation as provided by this Section 2.0 and its subsections. Compensation to be paid hereunder shall not exceed One Hundred Sixty Eighty-Five Thousand Dollars and No Cents ($160,000.0085,000.00) plus fifty percent (50%) of all sponsorship sales, after activation expenses have been paid, unless a larger amount is agreed to by and between the Parties in accordance with the amendment requirements of this Agreement.. Adventure Fit shall also be entitled to a percentage of the Event sponsorship sales as set forth in Exhibit A and Exhibit B.
Appears in 1 contract
Samples: Professional Services Agreement