1. The Organizers shall plan TOPP to take place Thursday, July 17, 2025 in Colorado Springs, CO
2. The Organizers hereby grant Sponsor the right to be a Corporate Exhibitor at the event with recognition as detailed in Attachment 1, Sponsor Rights & Benefits.
3. Fee: In consideration of the full performance by Organizer of all its obligations hereunder and all rights granted hereunder to Sponsor, Sponsor shall pay the Organizer a sponsorship fee the total sum of $1000, payable as invoiced. All checks are payable to the Pikes Peak Chapter Colorado Restaurant Association.
4. Substitutions: Organizer reserves the right, in its sole and absolute discretion, to substitute benefits of equal or greater value for those identified in Attachment 1 or to make reasonable adjustments to these benefits as required for purposes of the 2025 event, provided the adjustments are reasonably acceptable to Sponsor.
5. In-Kind Support: The in-kind portion of the agreement is to be valued at a minimum of $0. Organizer reserves the right, upon request, to require sponsor to provide additional documentation to support the value of all in-kind donations.
6. Exhibitor Supplemental Expenses: As the Exhibitor may want to activate aspects of their space, it is understood that the exhibitor is responsible for all additional expenses associated with the implementation. These expenses might include such items as additional exhibit space beyond the contracted benefit, on site displays, rental equipment, labor, utilities, activation or promotional costs, special signage as determined by the Sponsor, etc.
7. Term: The term of this Agreement encompasses the 2025 Taste of Pikes Peak commencing upon execution of this Agreement by both parties and ending on December 31, 2025, unless otherwise extended by written agreement of the parties.
8. Renewal: Exhibitor shall be granted the right to an exclusive period of negotiation to renew as a sponsor of the 2025 Event until December 30, 2025. If mutually agreeable terms are not reached by that date, the category shall be considered open and available to others.
10. Trademarks and Use: Each party represents and warrants to the other that it owns or has permission to use and has the right to grant to the other party the non-exclusive, royalty free right to use its trademarks, images, copyrighted materials or other intellectual property, and that of relevant third-party promotional participants which it has provided to the other party (“Marks”) in connection with this Agreement. Organizers are hereby authorized to use Sponsor’s Trademarks solely for the purpose of advertising and promoting the Event during the Agreement Term. Except as provided herein, Organizers shall not have the right to use, or obtain interest in the Trademarks of Sponsor or its affiliates without the Sponsor’s written consent. The right to use Sponsor’s Trademarks is non-exclusive, nonassignable and nontransferable. All uses by Organizers of Sponsor’s Trademarks shall (i) be
appropriate and dignified as befits Sponsor’s public image, (ii) inure solely to the benefit of Sponsor, and (iii) not be used stand-alone on merchandise for sale. In addition, upon the termination of this Agreement, Organizers shall immediately cease using Sponsor’s Trademarks in any manner what-soever.
9. Cause for Termination: Either party may terminate this Agreement in the event of a material breach by the other party, provided the non-breaching party gives the breaching party thirty (30) days prior written notice of such breach, identifies the nature of the breach, and within said notice period, the breaching party has failed to cure the asserted breach. If this Agreement is terminated due to the breach of this Agreement by the Organizers, then Sponsor will be entitled to a reduction or setoff or refund, as applicable, of the payment amounts stated in this Agreement based on the equitable promotional value of the Benefits left unfulfilled (such value to be determined by good faith negotiation and agreement of the parties).
11. Force Majeure: Neither party shall be responsible for events beyond its reasonable control in performing its obligations under this Agreement, such as acts of God, pandemics, weather, fire, flood, strike, labor dispute, civil unrest, order of civil authority or similar cause. Such circumstances do not cancel any obligations put forth in this Agreement.
12. Insurance: All vendors, sponsors, exhibitors, or any companies doing business with the PPCRA during the dates of or purposes for the Taste of Pikes Peak will be required to issue a certificate of insurance naming the PPCRA as additionally insured.
13. Indemnification: Each party will indemnify, defend and hold the other party (and its parent, subsidiaries, affiliates, contractors and vendors) harmless from any third- party claims, causes of action and damages, including reasonable outside attorney fees, arising from or relating to the indemnifying party’s breach or alleged breach of its obligations, including the representations and warranties, under this Agreement. Sponsor will not be held liable for any activities or occurrences relative to the Event, except for those activities or occurrences over which Sponsor has direct control.
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