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Event Management Partnership Agreement Template for United States

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Key Requirements PROMPT example:

Event Management Partnership Agreement

"I need an Event Management Partnership Agreement for my medium-sized event planning company to partner with a luxury hotel chain, focusing on corporate events and weddings, with a minimum revenue commitment of $500,000 per year starting March 2025."

Document background
The Event Management Partnership Agreement serves as a foundational document for establishing professional partnerships in the events industry. This agreement is particularly vital when two or more parties wish to combine their expertise, resources, or market presence to deliver event management services. Governed by U.S. law, it addresses key areas such as profit sharing, operational responsibilities, risk management, and service delivery standards. The document is essential for protecting all parties' interests while ensuring clear accountability and compliance with relevant state and federal regulations, including those pertaining to public gatherings, safety, and business partnerships.
Suggested Sections

1. Parties: Identifies all parties entering into the partnership agreement, including legal names and business addresses

2. Background: States the purpose of the agreement and context of the partnership

3. Definitions: Defines key terms used throughout the agreement

4. Partnership Structure: Details the nature of the partnership, roles, and responsibilities of each party

5. Financial Terms: Outlines revenue sharing, payment terms, and financial obligations

6. Term and Termination: Specifies duration of agreement and conditions for termination

7. Insurance and Liability: Mandatory insurance requirements and liability allocation between parties

8. Confidentiality: Provisions for handling confidential information

9. Governing Law: Specifies applicable jurisdiction and law

Optional Sections

1. Non-Compete: Restrictions on competing activities during and after the partnership term

2. Force Majeure: Provisions for unforeseeable circumstances, particularly relevant for outdoor events or high-risk scenarios

3. Intellectual Property Rights: Ownership and usage rights of branding, creative content, or proprietary methods

4. Staff and Contractors: Terms regarding employment, shared staffing arrangements and subcontracting

Suggested Schedules

1. Schedule A - Service Specifications: Detailed description of event management services to be provided

2. Schedule B - Fee Schedule: Detailed breakdown of fees, commissions, and payment terms

3. Schedule C - Insurance Requirements: Specific insurance types and coverage amounts required

4. Schedule D - Key Personnel: List of key team members and their roles

5. Schedule E - Standard Operating Procedures: Agreed procedures for event planning and execution

6. Appendix 1 - Event Types and Specifications: Categories of events covered under the agreement

7. Appendix 2 - Health and Safety Protocols: Required safety measures and emergency procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Industries

Business Partnership Laws: Including Uniform Partnership Act (UPA), state-specific partnership laws, and IRS partnership taxation regulations that govern the formation and operation of business partnerships

Contract Law: State-specific contract laws, Statute of Frauds requirements, and Uniform Commercial Code provisions that govern contractual relationships and enforcement

Event-Specific Regulations: Local venue licensing, public gathering permits, fire safety codes, noise ordinances, and food/beverage licensing requirements specific to event management

Insurance Requirements: Event liability insurance, professional liability insurance, workers' compensation insurance, and property insurance necessary for event management operations

Employment Laws: Fair Labor Standards Act (FLSA), state labor laws, independent contractor regulations, and minimum wage requirements governing employment relationships

Health and Safety Regulations: OSHA regulations, COVID-19 requirements, state/local health department regulations, and emergency response protocols for ensuring safe event operations

Intellectual Property Laws: Copyright laws, trademark protection, and music licensing requirements pertaining to event content and branding

Privacy Laws: Data protection requirements, GDPR compliance considerations, and state privacy laws governing the handling of personal information

Consumer Protection Laws: Federal Trade Commission regulations, state consumer protection laws, and requirements for refund and cancellation policies

Anti-Discrimination Laws: Americans with Disabilities Act (ADA), Civil Rights Act, and state anti-discrimination laws ensuring equal access and fair treatment

Financial Regulations: Payment processing requirements, banking regulations, and tax reporting obligations for event management operations

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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