- Sponsorship Fee
- The cash amount the sponsor pays in exchange for the agreed benefits package, stated in the contract with a payment schedule.
- Benefit Schedule
- An itemized attachment listing every deliverable the property owes the sponsor β logo placements, mentions, tickets, signage, digital impressions β tied to each sponsorship tier.
- Exclusivity
- A provision preventing the property from accepting competing sponsors in the same product or service category for the duration of the agreement.
- Category Exclusivity
- Exclusivity limited to a defined industry segment β for example, a single airline or a single software company β rather than all sponsors across all categories.
- Activation
- The on-site or digital activities a sponsor executes to engage the audience and extract value from the sponsorship beyond passive logo placement.
- IP License
- The limited grant allowing the sponsor to use the property's name, logo, and marks in its own marketing materials for a defined period.
- Naming Rights
- A sponsorship arrangement in which the sponsor's name is attached to the event, venue, or program itself β the most premium and most expensive sponsorship category.
- Force Majeure
- A clause that excuses both parties from performance obligations if the event is cancelled or materially altered due to circumstances outside either party's control, such as a natural disaster or government order.
- Right of First Refusal
- A provision giving the current sponsor priority to renew the sponsorship at the same or improved terms before the property offers it to a third party.
- Clutter Policy
- A limit on the total number of sponsors permitted at a given tier or across the entire event, protecting the value of each sponsor's investment.
- Contra Deal
- A sponsorship arrangement where a sponsor provides goods or services instead of cash, valued at an agreed amount and credited against the sponsorship fee.