This Sponsorship Agreement ("Agreement") is entered into by and between [Your Name or Entity], hereinafter referred to as "Sponsor," and AnzoUSA, hereinafter referred to as "Company."
1. Social Media Posting and Tagging Obligations: The Sponsor agrees to prominently tag AnzoUSA, using hashtags such as #anzousa, #anzo, and @anzousa, on all social media platforms in every post that includes images and/or videos of the sponsored product(s).
2. Submission of Media Content: The Sponsor agrees to provide the Company with a minimum of five (5) raw images and/or videos in high resolution featuring the sponsored product(s) installed on the Sponsor's vehicle. These media files must be sent to the Company no later than thirty (30) days following the receipt of the sponsored product(s).
3. Intellectual Property Rights and Ownership: The Sponsor affirms that all images and/or videos provided to the Company are the exclusive property of the Sponsor and do not infringe upon the intellectual property rights of any third party, including but not limited to copyright, trademark, or patent rights.
4. License for Marketing and Promotional Use: The Sponsor hereby grants AnzoUSA the right to use any images and/or videos featuring the sponsored product(s), whether supplied by the Sponsor or posted on the Sponsor's social media accounts, for marketing and promotional purposes in any media. This grant includes the use of the Sponsor's name, likeness, voice, and biographical information for such purposes, without the requirement of any further payment or consideration.
5. Live Story Posting Requirement: Within ten (10) days of receiving the sponsored product(s), the Sponsor agrees to post at least one live story featuring the product(s) on either their Instagram or TikTok account and to tag AnzoUSA in the story.
6. Release and Waiver: By participating in this sponsorship, the Sponsor agrees to release and hold harmless AnzoUSA, its parent, subsidiaries, affiliates, officers, directors, employees, and agents (collectively referred to as the “Released Parties”) from any claims or actions arising out of the sponsorship or the receipt/use of the sponsored product(s). The Sponsor waives any rights to claim damages of any kind, including but not limited to punitive, consequential, direct, or indirect damages.
7. Non-Compliance Penalty: Should the Sponsor fail to comply with the terms and conditions of this Agreement, the Sponsor agrees to purchase the sponsored product(s) from AnzoUSA at the full list price.
8. Product Modification Restrictions: The Sponsor agrees that the sponsored product(s) shall not be altered, opened, customized, or modified in any way, shape, or form without the prior written consent of AnzoUSA. Any modifications made without such consent may void the sponsorship agreement and any warranties associated with the product(s), and may result in the Sponsor being liable for damages or required to purchase the