Sponsorship Support. (i) The parties hereby acknowledge that there is an agreement in effect between the University and NIKE, Inc. for a term commencing July 1, 2001 and ending June 30, 2025 (the “NIKE Sponsorship Agreement”).1 In recognition of sponsorship support and benefits provided under the NIKE Sponsorship Agreement, the University shall provide to Xxxxxx an allocation of NIKE products of a value of up to Three Thousand Five Hundred Dollars ($3,500) per Contract Year so long as the NIKE Sponsorship Agreement is in effect. This product shall also be provided during the term of a subsequent Sponsorship Agreement so long as the Sponsorship Agreement provides for an allocation of product to the University
Sponsorship Support. The Non-Profit hereby grants ACN the non-exclusive and royalty free license to use its marks, as defined below, and shall make available sufficient personnel and materials (subject to and as outlined in ACN’s Policies and Procedures) to allow ACN to include the Non-Profit’s business name, intellectual property and logo in soliciting sales to potential customers.
Sponsorship Support. (i) The Parties hereby acknowledge that there is an agreement in effect between the University and NIKE, Inc. for a term commencing July 1, 2001 and ending June 30, 2025 (the “NIKE Sponsorship Agreement”).1 Because the University could award a sponsorship agreement to replace the current NIKE Agreement to a sponsor other than NIKE, NIKE and any follow-on sponsor, is referred to in this Agreement as the “University’s Sponsorship Contractor” and the NIKE Sponsorship Agreement and any follow-on sponsorship agreement is referred to as the “Sponsorship Agreement.” Payment of Supplemental Salary under this paragraph 5(c) is conditioned on a Sponsorship Agreement being in effect for the Contract Year in which payment is due.
(ii) In further recognition of sponsorship support and benefits provided under the NIKE Sponsorship Agreement, or any other sponsorship agreement that may be in effect during the term of this Agreement, the University shall provide to Xxxxxxx an allocation of NIKE products, as defined in Addendum A below, of a value of up to Three Thousand Five Hundred Dollars ($3,500) per contract year so long as the NIKE, or other applicable, Sponsorship Agreement is in effect. The products shall also be provided during the term of a subsequent Sponsorship Agreement so long as the Sponsorship Agreement provides for an allocation of products to the University for the benefit of the Football Program. All Supplemental Salary due under this paragraph shall be payable monthly in twelve (12) equal installments during each Contract Year through the normal payroll process.
Sponsorship Support. (i) The Parties hereby acknowledge that there is an agreement in effect between the University and NIKE, Inc. for a term commencing July 1, 2001 and ending June 30, 2025 (the “NIKE Sponsorship Agreement”).1 Because the University could award a sponsorship agreement to replace the current NIKE Agreement to a sponsor other than NIKE, NIKE and any follow-on sponsor, is referred to in this Agreement as the “University’s Sponsorship Contractor” and the NIKE Sponsorship Agreement and any follow-on sponsorship agreement is referred to as the “Sponsorship Agreement.” 1 Pursuant to the NIKE Sponsorship Agreement, NIKE provides sponsorship support and benefits for the University’s Intercollegiate Athletics Programs, and to the University as a whole, and such sponsorship support and benefits include, but are not limited to, payments to the University and a supply of NIKE products to the University for use by the University in the University’s Athletics Department, including the Football Program. In consideration of the sponsorship support and benefits provided by NIKE to the University, the University has agreed to provide NIKE with certain sponsorship rights and benefits.
(ii) Coach agrees that at all times while he is acting in his official capacity as head football coach of the University of Colorado (including coaching, recruiting, fundraising, appearing on television or radio as the head coach, etc.,) he will wear NIKE-University co-branded products, as appropriate.
(iii) Notwithstanding the foregoing, nothing contained herein shall prohibit Xxxxxxx from entering into a separate endorsement agreement with University’s then current University’s Sponsorship Contractor. All Supplemental Salary due under this paragraph shall be payable monthly in twelve (12) equal installments during each Contract Year through the normal payroll process.
Sponsorship Support. (i) The parties acknowledge an agreement in effect between the University and NIKE, Inc. for a term commencing July 1, 2001 and ending June 30, 2025 (the “NIKE Sponsorship Agreement”).1 In recognition of sponsorship support and benefits provided under the NIKE Sponsorship Agreement, the University shall provide Xxxxxx an allocation of NIKE products of a value of up to Three Thousand Five Hundred Dollars ($3,500) per Contract Year so long as the NIKE Sponsorship Agreement is in effect. This product shall also be provided during the term of a subsequent Sponsorship Agreement so long as the Sponsorship Agreement provides for an allocation of product to the University. 1 Pursuant to the NIKE Sponsorship Agreement, NIKE provides sponsorship support and benefits for the University’s Intercollegiate Athletics Programs, and to the University as a whole, and such sponsorship support and benefits include, but are not limited to, payments to the University and a supply of NIKE products to the University for use by the University in the Department. In consideration of the sponsorship support and benefits provided by NIKE to the University, the University has agreed to provide NIKE with certain sponsorship rights and benefits.
