12. Support for the sponsorship program: Ryerson University recognizes that the effective development and implementation of its sponsorship program requires both sufficiently trained staff and adequate financial resources. Ryerson University is committed to this. 1. Description of the sponsorship alliance: The contract contains a complete description of the establishment, project or event around which the sponsorship alliance is formed, including a list of commitments for both parties. The parties` obligations for market research or sponsorship analysis are explicitly broken down into the contract. 7. Financial terms and payment plan: the value and timing of the payment of the sponsorship agreement between the parties are clearly defined in the contract. The name and full address of the organization to which the payments are transferred are included in the contract. Sponsorship is an essential relationship between a student organization and a university unit. The agreement is a written presentation of this relationship. 2.
Contractual terms: The start and closing dates of sponsorship alliances must be included in the contract. In the case of temporary or lasting name possibilities, this must be indicated in the contract and must be approved by the procedures described in the university policy for the naming of benefactors. 6. Exclusive: Ryerson University may offer a sponsor absolute or sectoral exclusivity, or the sponsor may request such exclusivity within the sponsorship alliance. If applicable, the following declaration of exclusivity is included in the contract: ARyerson University accepts that (sponsor name) be the exclusive sponsor (name of the initiative) for the duration of the agreement. 13. Sponsor Recognition: Ryerson University supports a formal sponsor recognition program, different from the marketing benefits of certain event sponsors and different from other recognition and trust programs for university donors. 5. Restrictions and authorization for the use of Ryerson University`s name: the following clause limits the use of Ryerson`s name by the promoter in its own internal and external advertising and advertising, in accordance with negotiated agreements: no party, in any situation, either within or outside the parameters of the sponsorship, is considered a spokesperson or representative of the other party.” The use of the university`s coat of arms, verbal marks or logos must be defined in all contracts and conventions.
Sponsorship contracts and contracting must include the following clauses: 8. Commitments between the parties: the obligations of the parties depend on the form of the alliance and are determined individually. The corresponding clause relates to market research, the program, evaluation responsibility, reports and authorisations. Specific criteria and methods for evaluating sponsorship alliances are broken down into the commitment clause. 3) Signing authority: one or more of the following contracts or agreements must be signed: the university president or the president-elect; Vice-President, Administration and Finance or Vice-President, Promotion of Higher Education. 4. Key personnel: the contract contains the names of the persons of the two persons, who are primarily responsible for the sponsorship and who must be referred to matters relating to the contract.