CONTRACT FOR SPONSORSHIP The undersigned, by the duly authorized officer, agent or employee (hereinafter called "Sponsor") hereby enters into a contract with National Trade Productions (hereinafter called "NTP") for NTP’s SpaceCom 2017 Sponsorship...Sponsorship Agreement • October 3rd, 2016
Contract Type FiledOctober 3rd, 2016The Sponsor specifically recognizes and agrees that NTP will sustain losses in the event the Sponsor cancels. In keeping with industry practice, and with the existence of such practice being hereby acknowledged by the Sponsor, the Sponsor agrees upon the following late cancellation assessment schedule as being in the nature of liquidated damages. This schedule is specifically designed to compensate NTP for its losses and not constitute a penalty, should the Sponsor cancel.