UK Karting - Notice Board (General Karting) : Re: Sponsorship contract

Notice Board (General Karting)

Re: Sponsorship contract
Posted by 'Knighty' on 11 Oct 2016 @ 16:16

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KnightyJoined: May 2014
Total Posts: 470
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If your talking about a genuine contract, you will probably need to involve a solicitor, in which case its going to cost you.

What I would urge you to do is google a "memorandum of understanding" (MOU) which is jointly owned 50:50 agreement, created, agreed and signed by both parties.

You need to cover both parties expectations and jointly discuss it face-to-face, mold and adapt it accordingly, to cut a long story short, nobody likes surprises, and this document should cover all possible surprises and expectations for both of you.

If you go the MOU route with your sponsor, its a bit more soft and pliable for them to agree jointly together with you.

hope that helps?

Message Thread:

Sponsorship contract by 'Ryanfield' (06 Oct 2016 @ 21:09)

Re: Sponsorship contract by 'Knighty' << You are here!

Re: Sponsorship contract by 'Ryanfield' (11 Oct 2016 @ 17:19)

Re: Sponsorship contract by 'benbab' (11 Oct 2016 @ 18:46)

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