SPONSORSHIP AGREEMENT

between

ddb Deutsche Digitale Bibliothek GmbH & Co.

Publishers of VIPsight.eu

represented by the Managing Director

party of the first part

and 

nn

Sponsor

party of the second part

§1

For purposes of sponsorship, the parties agree the following performance(s) on a reciprocity basis:

The party of the second part shall provide, in connection with the publication of corporate governance material (www.VIPsight.eu), earmarked financial resources to promote the party of the first part. In return, the party of the first part undertakes to place the company name/logo suitably and highly visibly and/or to mention it in an appropriate way (advertising).

The above-mentioned material in VIPsight.eu shall be published by CLUB of FLORENCE (CoF) – Istituto internazionale per una buona CORPORATE GOVERNANCE – International Institute for good CORPORATE GOVERNANCE – Internationales Institut für gute CORPORATE GOVERNANCE, Florence.

§ 2

The sponsor undertakes to provide the following annual services to the party of the first part:

material sponsoring to a value of € -. - (in detail #)

and/or

a sponsoring amount of € -. - (in words: #),

On receiving the invoice, and in any event no later than 4 weeks after admission to the public list of sponsors of VIPsight.eu, the sponsor’s performance is due and payable.

§ 3

The party of the second part shall provide the party of the first part with the materials (images, logo, text, URL, software, etc.) required for the agreed marketing measures free and on time in accordance with §2; they may not be used other than as authorized and for the stated purpose.

The party of the first part is not responsible for marketing success. Any liability by the party of the first part for loss of or damage of any kind to the materials provided, unless negligently or intentionally caused by employees of the party of the first part, is excluded.

§ 4

The advertising materials made available to the party of the first part may be used only for the purpose agreed in this contract. Further or other uses shall require the prior approval of the party of the second part.

There is agreement between the parties that the use of the marketing materials handed over in or on products/property of the party of the first part does not give the party of the second part any rights to the products/property, in particular copyright and/or competition rights.

§ 5

To complement and supplement this sponsorship contract, the rules of the sponsorship statute in its currently valid form shall apply, in doubtful cases as in the version of the date of the contract.

§ 6

This contract may at any time be cancelled on ordinary notice of six months at the end of a calendar year, or without notice by mutual agreement. A one-year sponsoring amount is due and payable upon signature. The right of extraordinary termination shall remain unaffected.  

§ 7

If any provision of this Agreement be or become invalid, this shall not affect the validity of the others. The parties commit themselves to replacing such invalid provision by one which corresponds to the intended economic purpose. Gaps in the contract shall be dealt with similarly.

No side agreements have been made. Repeal, amendment or supplementation of the contract must be in writing. The jurisdictional venue shall be Cologne.

Cologne, January 2014