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Agenda - 09-17-2024; 8-j - Ratification of County Manager’s Execution of a Services Agreement with Sonark Media, Inc.
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Agenda - 09-17-2024; 8-j - Ratification of County Manager’s Execution of a Services Agreement with Sonark Media, Inc.
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9/17/2024
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8-j
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Docusign Envelope ID: 156B4E69-5994-4FAA-A9FE-046F8EC4364E <br /> 13 <br /> EXHIBIT A <br /> 1 SPONSORSHIP AGREEMENT <br /> This Sponsorship Agreement(the"Agreement") is made on August 1,2024("Effective Date")by and between: <br /> SONARK MEDIA,INC. ORANGE COUNTY VISITORS BUREAU <br /> 913 Borland Road ADDRESS <br /> Hillsborough,NC 27278 <br /> ("Sonark") ("Sponsor") <br /> 2 Each a"Party" and collectively,the"Parties". <br /> 3 Sponsorship Term: 4 August 1,2024—July 31,2025 <br /> 5 Territory: 6 Worldwide. <br /> 7 Recitals <br /> WHEREAS, Sonark is a company in the business of producing audio-visual content embodying the musical <br /> performances of various artists. <br /> WHEREAS, Sponsor is a bureau providing information and assistance to those interested in visiting the <br /> communities of Orange County,NC including the towns of Chapel Hill, Carrboro, and Hillsborough. <br /> WHEREAS,The Parties wish to jointly co-operate with respect to the sponsorship by Sponsor of Sonark's television <br /> production that is broadcast on the North Carolina PBS station(the "Sponsored Production") as further set forth <br /> and described on Schedule 3. <br /> The Parties agree as follows: <br /> 1. Definitions.For purposes of this Agreement,the following terms shall have the meanings set forth below: <br /> 1.1. "Sonark"—includes any person,partnership,joint venture, corporation or other form of enterprise that <br /> directly or indirectly controls, is controlled by, or is under common control with Sonark. A person, <br /> partnership,joint venture, corporation or other form of enterprise, shall be deemed to have control if <br /> they have the power to direct or cause the direction of the management and policies, whether through <br /> the ownership of voting securities,by contract or otherwise. <br /> 1.2. "E isode s "—each individual episode of the Sponsored Production aired during the Sponsorship Term. <br /> 1.3. "Intellectual Property" or"IP"includes but is not limited to any patent, copyright, design right,trade <br /> mark, service mark, trade dress, trade name, goodwill, geographical indication, image rights, moral <br /> rights, integrated circuit layout-design right, know-how, confidential information, trade secret, any <br /> application (whether pending, in process or issued) for any of the foregoing, and any other industrial, <br /> intellectual property or protected right similar to the foregoing (whether registered, registrable or <br /> unregistered)in any country and in any form,media, or technology now known or later developed. <br /> 8 <br /> 1.4. "Sponsor Content"—the thirty second(00:30) sponsorship content produced by Sponsor for inclusion <br /> by Sonark in the Sponsored Production. <br /> Sonark Sponsorship AgreementPage 1 of 10 <br />
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