This Partnership Agreement Is Made Between Short Season LLC, Dba Hillsboro Hops Professional Baseball (Club), and Destination Newport (Partner)
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PARTNERSIDPAGREEMENT This Partnership Agreement is made between Short Season LLC, dba Hillsboro Hops Professional Baseball (Club), and Destination Newport (Partner). This agreement is effective 2/16/2018 and will be for the 2018 season. Partner and Club agree as follows: Partner to Receive: Branding - Signage Partner will receive one (1) 4' x 6' signage placement on the main concourse of Ron Tonkin Field. Fixed and visible for all Hops games. Partner to provide production-ready artwork and Club to cover the cost of initial signage production. Partner shall have the right to change sigt1age creative at any point during the partnership, but will do so at their own expense. Promotional - Sponsor Night Partner will be the presenting sponsor of one (1) theme night each season of this agreement. Initial concept is "Deadliest Catch Night". Exact concept to be mutually agreed upon each season. Theme Night will be listed in the pocket schedule and online calendar as "Deadliest Catch Night presented by Destination Newport." Promotion will include: • Custom videoboard graphic promoting the theme night • Videoboard content in line with theme night • Opportunity to have activations on the Ron Tonkin Field concourse at Partner's behest Print Elements Partner will have 8.5" H x 5.5" W, full-page, four-color ad in The Hillsboro Hops gameday program. Artwork will be provided by Partner with an opportunity to change the artwork up to three (3) times throughout the season with different volumes. In-venue / Video Board Elements Partner will receive the following in-venue/ video board elements: • One (1) on-field contest during all thirty-eight (38) games o Branded graphic and PA complementing the on-field contest. o On-field contests will be rotated throughout the season. o Concepts include a "Dress-up Relay Race," "Dungeness Crab Walk Race," Give Us Your Best Call," etc. Radio Elements Partner will receive the following Radio broadcast elements on Rip City Radio 620am KPOJ: • One (1) thirty (:30) second radio ad per live game broadcast. • One (1) fifteen (:15) second live read or branded feature per live game broadcast. TV Elements Partner will receive the following TV broadcast elements: • Three (3) thirty (:30) second in-game spots per broadcast. Terms and Considerations In consideration for the benefits to be provided to Partner by Club, Partner will pay Club the amounts set forth below and at the times set forth below: • 1-year agreement covering the 2018 season • Annual Investment - $15,000 o To be billed in four (4) equal monthly installments of $3,750 o To be billed June, July, August and September of 2018 • Additional Terms o Initial production costs included By signing.this agreement, Destination Newport and Hillsboro Hops Professional Baseball agree to all of the above elements. This contract becomes non-cancelable and in force once signed by both parties. Camera ready copy to be provided by Partner. Should Partner be unable to do so, Partner shall accept reasonable and satisfactory copy prepared by Club on Partner's behalf. Partner agrees to hold Club harmless from all claims, damages and expenses arising from any and all elements included within this partnership. Should any payment be in default 30 days, all subsequent payments shall become due and payable immediately. The signing party understands, acknowledges and agrees that all deposits and payments are non-refundable. In the event this account is referred to collection, the Partner agrees to pay collections fees not to exceed 35% of the commercial claim. The venue of any collection action based on this agreement shall lie in Washington County, in the state of Oregon. Partner represents and warrants that the person whose signature appears below is duly authorized to execute this agreement and legally bind Partner under this agreement. ACCEPTED AND AGREED AS OF THE ABOVE DATE: Hillsboro Hops Baseball Destination Newport BY: /_ /"_ ~ BY: (2;;£14 ti DATE: ----------.