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Promoter Agreement
Promoter Agreement
This Agreement is entered into this 1st day of January, 2020, between Mr. Krishnan Iyer
(PROMOTER) and d/b/a xxx (OWNER).
WHEREAS, OWNER is the owner of Bank place (Block R, Krishnan RKT Market,
Ring Road, Surat, and
WHEREAS, OWNER desires to use PROMOTER’s services at the VENUE under the
conditions recited herein; and
NOW THEREFORE, in consideration of the mutual covenants herein and other good
and valuable consideration, the receipt of which is acknowledged, it is agreed as follows:
1. DURATION: This agreement shall commence on 1st January, 2020 and continue until
terminated pursuant to the provisions of ths Agreement, contained herein.
2. EXCLUSIVITY: PROMOTER shall have the exclusive right to produce, present and
promote all events at VENUE on all days
For purposes of this Agreement, “days” refers to the day of the week VENUE opens for
business.
4. PROMOTER’S DUTIES: The PROMOTER shall be responsible for all duties and
responsibilities required to produce, promote, advertise and present the designated
Business activitiess, that are not the duty of OWNER.
8. TERMINATION: This Agreement shall continue in full force and effect unless one of
the following events occurs:
a. VENUE is closed or sold.
b. PROMOTER fails to meet its PERFORMANCE QUOTAS more than 2
times in any 25 day period. In which event, OWNER may terminate this
agreement upon ten (10) days written notice.
c. Either party may unilaterally terminate this agreement upon thirty (30) days
written notice.
10. NON-COMPETE: During the term of this Agreement and for a period of one year after
termination, PROMOTER shall not directly or indirectly provide services similar to those
provided under this agreement at any ban in Surat, India.
11. NOTICES: All notices required under this Agreement shall be by United States Postal
Service, Certified Mail, Return Receipt Requested as follows:
As to PROMOTER:
As to OWNER:
12. LAW AND VENUE: This Agreement shall be governed and construed in accordance
with the laws of the State of Florida. Venue for any litigation shall be in a court of
appropriate jurisdiction in ________ County, Florida.
13. ATTORNEY”S FEES: In connection with any claim, legal action, dispute or arbitration
arising out of this Agreement, the prevailing party shall be entitled to all costs incurred,
including reasonable attorney’s fees, appellate attorney’s fees and all costs of
investigation.
14. WAIVERS: The waiver by any party hereto of a breach or violation of provisions of this
Agreement shall not operate nor be construed as a waiver of any subsequent breach or
violation.
16. PARAGRAPH HEADINGS: The paragraph headings contained in this Agreement are
for reference purposes only and shall not affect in any way the meaning or interpretation
of this Agreement.
17. ENTIRE AGREEMENT: All prior negotiations of the parties relating to the subject
matter hereof have merged in and are superseded by this instrument which contains the
entire agreement of the parties.
18. AMENDMENTS: All amendments of this agreement not in writing, signed by both
parties shall be void and of no effect in law or equity.
IN WITNESS WHEREOF, the parties have set their hands and seals on the date above
written.