You are on page 1of 13
‘TEAM AGREEMENT ‘This Team Agreement (his “Agreement? is entered into between adidas America, inc, ‘n Oregon corporation (“aides”), and Ohio Univesity ("School effective a ofthe frst day of the Term (as defined in Section 7.1 below). RECITALS ‘A. School fields athletic teams and programs in Mc's: Bechll, Baketall, Cross County, Foothal, Gol, Wresling, Women's: Busketal, Cros Coutty, Field Hokey, Golf, Socce, Sofal, Swimming & Diving, Track & Fil, Volleyball. (each, « “Tesm”) and retsine and supports the couches, staff and student siete in connection therewith (ollectively, the “Team Participants. B, adidas designs, manufactures, distributes, and sels athletic footwear, appael and related svoessries through is Team Direct Sales Program (tho “adidas Team Progra”, the ferms and condition of sale are updated perodiealy in the adides Team Sales Catalog ‘The products included inthe adidas Teum Program include Footwear Products end. Noo Footwear Products (cach as defined in Section 1 below) (collectively, “adidas Products"). sides wishes to support School and its athletic teams and programs by, as more ‘specifically descbed inthis Agreement, supplying adidas Products to School under the ‘ides Toam Programs. ©. Schoo! wishes to acquire and use adidas Products under the adidas Team Program and ‘consistent with the terms of thi Agreement. ‘The pares agree es follows: AGREEMENT 1. adidas Products, 4.1, ootwear Produets. During the Team, School agrees to purchase adidas Footwear Products directly from adidas for Team Participants’ use in acordance withthe ‘adidas Team Program (45% off MSRP / 30% off MSRP for all miteum footwear ‘roducts). Wherever used inthis Agreement, “MSRP” refers tothe MSRE listed in ‘the corresponding team catalog. “Footwear Products” mean all fotweer for Team Participants for ell Team events, incloding competition, practices, tsining, cotching, travel, reruting, camp, ad media engagements. 1.2. Apparel, Custom Uniforms, Accessories and Equinment, During the Term, Schoo! fags (o purchase, directly ffom adidas, () Non-Footwear Products for ‘Team Pantcipants’ use in accordance with the adidas Tear Program at (50% off MSRP 150% off MSRP for all epprel products); end (2) custom wniforms (at then- ‘creat pricing) for Team Participants use in each case for ll Team events, “Non: Footwear Profyets" means all appare, uniforms (including custom uniforms), sccessories, competition balls (fotbll, basketballs, volleyballs), all o-fld headwear, equipment (including travel bags, headwear, socks, ‘wristbands, gloves, watches, eyewear, hid goods, and inflatables) included in the adidas Tour Progra, but excluding Footwear Products 1.3. Baseball, Fspitch, and Lacrosse Products, During the Teem, Schoo! agrees to Prchese, directly fiom adides, and use fielding glovesmits,bating helmets, ‘ating. ploves, catchers protective oqupment, batter protective equipment loves, sticks, bats, and shoulder pads at 37.5% off MSRP for Team Participants 14, No Warranties. adidas shall not be lisble for any injury or damage suffered by Sehool or Team Participants from wearing or using adidas Produts, and Schoo! heceby expressly imowingly and irevocably waives all such libility, except to the extent such injny ox damage iy caused by adidas's negligence or will misconduct. ALL GOODS PURCHASED OR OTHERWISE ACQUIRED BY SCHOOL PURSUANT TO THIS AGREEMENT ARE TRANSFERRED ASIS. ADIDAS HEREBY DISCLAIMS ANY AND ALL IMPLIED WARRANTIES, INCLUDING | THE WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE AND THOSE THAT MAY ARISE BY COURSE OF DEALING, COURSE ‘OF PERFORMANCE OR USAGE OF TRADE. 2 Exelusive Use 2, Athletic Aatvtes. During the Tem, School shall ensure hat each Team (including all Team Participanis) exclusively uses and wears adidas Products whenever ‘cagagedin any Team event and anyother athletic activites for which such atts ‘spproprat, including games and practice session, being fled by mation pictre ‘or video tape posing for photograph, social medi posts by Schoo, and conducting ‘or participating in camps or clinics. The partes understand and acknowledge thet any post to social media that is evidence of the flue to exclusively wo of Went adidas Products is a breach ofthis Seton 22. No Spating, Schoo! shall not permit any Team Participant or any other person to “spat, obstruct or eter adidas's Joos and marks in any way. Exceptions fo this Sesion 2 require writen approval by edidas 3. License. School herehy grants to adidas the right and license during the Tem, to use School's name and trademarks worldwide in connection with adidas’ performance of this ‘Agreement. School shall nt grant any comparable right to any other person or eatity ifthe ‘other person or entity is engaged in any business competitive with edides Ths License includes the right to use School's name, nickname, initials, photograph, likenes, image or facsimile image, video or film portrayals and any other metns of expressing Schoo! use of ‘adidas Products in connection with, bul ut Lited to, eteviston and redid advertisement, Print advertisements, advertisements on any public or'private online service or the Internet, catalogs, posters, billboards, building murals, video or audio promotional production, promotional or marketing appearances, and bang tags and 2 4 other instore displays. School acknowledges that no royalty shall be paid on adidas Products provided by adidas to Schoo!’ Teams snd Team Participants under this Agreement. Promotional Merchandise, 41 42, is ting the Ter adides will, [Wovide Scho! with merchandise sed in Section 42 below, dig eck Team "Year (Getined as July 1 through June 30) of te Tem, conngent upon School achieving and maintaining minimum snnoal purchase volumes of $200,000 (hich includes custom uniform purchases dectly through the adidas ‘Team Program). Except for promotional merchandise requested by School at expedited shipping speeds (overnight, nextday, two-day, or other expedited shipping options), al promotional merchandise sal be shipped at no costo School Failure to comply with minimum purchase requirements wil result in School being lisble for providing adidas with cash compensation equivalent to the sles shot, but ‘provided that School meets this obligation, School still shall be ened 10 the ‘Ahetie Director's Allotment indieated below. Promotional Merchandise for Bach Term Year For each Term Year, during the ‘Term, adidas shell provide the following types and values of Promotional Merchandise: ‘Amount [Atletic Director's Allotment for'Term Years 1-5: $600,000 (MSRP, Anus!) Atiletic Director's Allotment for Term Yeus 68: $635,000 (MSRP, Annual) “Prmatonsl Merchandise" means promotional merchandise orders from the adidas Team ‘Sale Catalog, Unused promotional merchandise amounts, as of 5:00 PM EST June 30, _are forfited by School. Asa result, promotional merchandise cannot be eared ffom one ‘Tem Yeaeto thenext. 43. 44, 45. ‘Sign-on Bonus. adidas will give Ohio Athletics an additonal $120,000 traniion allotment in Product (MSRP value) to be used atthe disxretion ofthe Athletic Director only between the Effeive Date and June 30,2018, This Product llotment ‘mustbe sed during the time period stated inthis socton to asst with the transition ‘Employee Discount: [Intentionally omitted] [Retal & Marketing Activation: adidas will allocate a $50,000 credit to be used toward mutually agreed upon implementation of adidas fixtres and graphic within team stores in Peden Stadium and the Convocation Cente. School understands tht regarding the design elements and trade dress ofthe fixtures and graphics adidas sll have sole discretion with regard to the look and fea of the immplemectation, 2 s. ‘School shall be responsible fr contacting with and paying the vendors) needed to perform this work. The partie shall collaborate in selecting such vendor() and in finalizing appropriate contracts) fer the work, subject to legal and compliance requirements applicable to Schoo’s construction projects. School sll invoice adidas for the amounts require, and adidas shall pay to the School the amounts reflected in the invoices within thirty (30) days ofthe invoice date, adidas als wil allocate a $25,000 cet forthe School o be used toward mutually ‘greed upon marketing activation within these tam stores and sisting in diving. ‘oot rfc int the stores, Within thirty (30) days of mutual ageement regarding the allocation ofthe credits described in this section (as evidenced by written corespondence where email is sufficient), the School shall invoice adidas for such amounts required. Such invoice shall be paid within hity (30) days of receipt. ‘The credits described in his section ay be usod by School in Term Years 1 and 2 only Incentive Compensation. adidas shell provide School the fllowing bonus amounts in any ‘Term Yearif School echieves the applicable gous during such Term Yes. Football bowl Appearance Football Conference Championship Football Conference Coach of The Year M's & W's Basketball “NCAA Appearance Mes W's Basketball - Win Conference Tournament M's & W's Basketball NCAA Sweet 16 [M's & W's tasetbll Conference Coach ofthe Year BasebalSofall~ World Serica Apporance asebal/'SoRball~ Super Regional Appearce ‘All other sports NCAA Peet Season Play [All othe sports ~ Conference Coach of the Year All other spots Conference Championship Cash Bonus Compensation - Men's Basketball Only: NCAA Appearance, $10,000 {$20,000 (MSR value) 510000 (MSRP vals) $5,000 (SRP vals) $10,000 (MSRP vale) $5,000 (MSRP vale) 515,000 (MSRP velo $2,000 (SRE vate) $10,000 (MSRP vate) $5,000 (MSRP value) 51,000 (MSRP valu) $1,000 (MSRP vale) $5,000 (MSRP vals) NCAA Appearance Round of 32 | $15,000 ‘Sweet i6 325,000 Eitee 350,000 Final Four $100,000 NCAACRampIOnS $200,000 NCAA National Coach of the Vear | — $25,000 (Cash Bonus Compensation — Football Only: "a tonuses are non-cuotatve; ony the highest achlevement shal be compensated, 6. Marketing Benefits. In all media and methods of communica listed below, and in « ‘manner mutually egreeable between the p School's exclusive athletic footwesr, apparel, its products, ‘Adidau/Ohlo University Marketing Hlements: Subject to School's satisfactory agreement ‘with IMG College, LLC and for which School shall make best efforts to secure from IMG College, LLC, School shal provide the following: ‘Athletic Collateral Materials + adidas logo to be placed in the fillowing items where applicable: Team ‘Media Guides, Game Day Programs, Team Poster, Schelule Cards, Camps, ‘Coaches Clinics. + Pull Page sdverisement in Football, Men's and Wemea's Basketball Programs and Media Guides + Thooptiono include afyerfbrochure, provided by adidas and subject to Schools prior reasonable approval, into Ohio University season holder anilings free of charge. sides Signaee ‘Signage indicated below to be on display at all home verues: Foosball Fesiity: ‘didas corporate logo sign within football tam, (sponse recognition feat on ietoard + Basketball: . (ihe courtside sign Aeutng ie on Sere able 6 Athlses Webnite + adidas lnk to appear on athletics department homepage Public Address Announecrneats ‘+ 2PA Announcement at all home contests (where applicable listing adidas ‘asthe oficial supplier ofthe Ohio Bobcats. Verbiage tobe mutually agreed ‘on between the parties each season, Direc Mail nsrt/Emal Blasts = Allow adidas to inlue (2) direct mail nscts for Athletics pet yer. ‘adidas o provide copy and content. adidas to pay for cos offer. + School wil end up to fu 4 el bss pr Term Year on behalf of ads, ‘sing copy and content provided by adidas end approve by Schoo. + School wil provide up to four (4) social modi biats per Term Year on behalf of ‘adidas, sing content provided by Adidas and proved by School ‘School shal also provide: ‘Sexson Tickets ‘+ 4 Lower Level Season Tickets with 2 parking passes, all fee of charge, to all ‘home men’s and women’s basketball games ‘+ NCAA Basketball Toursameat: Offered upto 8 game tickets upon request — feo of charge ‘+ Football Season Tickets offre up o 4 season tickets with 2 parking passes ‘fee of charge for both home and road games. ‘+ Footbal Post Season Tickets — offered upto 4 tickets fre of change upon request 7. Representations and Warranties, Each party represents and warrants that such LE Sac ipa eagiecaratene ae. ree oe, carer ‘and perform its obl this Agree = Ivete ‘Term. This Agreement shall romain in effect fom July 1, 2017 and until Jane 30, "2025 (Tera), which may b extended by ral writen agrereat of bath parties for ‘wo nddtonal one-year extension, unless sooner tenminated pursuant 19 the terns ofthis Agreement. 3.1, Temninstion for Cause, Either party may terminate this Agreement if th ‘other party materially breaches this Agreement and, if such breech curable, fils to cure such breach within 30 days of writen notice from the non-breechiag party. The partis acknowledge and agre thatthe breech (of Section 2 constitutes an incurable material breach ofthis Agreement 7 %. 82, 83, a4, adidas may, ia its sole diseretion, reduce the amount ‘of Promotional Merchandise described in Section 4 by 50% or terminate this Agreement if (a) one or more coaches, Teams or players ae suspended for otherwise subject to materiel disipinary action by the NCAA, ‘including aay disciplinary action that init the Team's competitiveness ot prevents the Team from participating in regular season or tournament ‘games; or (b) in adidas” sole estimation one ar more couches, Teams, of players engage in conduct thal reflecs poorly on adidas or that harms adidas! eptation in ay way. Right of Suspension or Reduction If aides belives that School has breached any term of his Agreement, nd if Schoo! fils oeare such breach within ten busines days following receipt of written notice of such breach ‘rom adidas, ten adidas may in its sole discretion) during the time such ‘breach is on-going suspend or reduce payments of incentive compensation andlor reduce the dollar amount of adidas Products availble to School ‘under Section 42 seoording to the folowing schedule: For the first offense, there will be 2 25% reduction in the amount of Promotional Merchandise. The socond offense will incur a 50% reduction inthe amount of Promotional Merchandise or termination of the ‘Agreement. The third offense will incur a 100% redution inthe amount ‘of Promotions] Merchandise or termination of the Agreement, at adidas” sole discretion “Any reductions in the amount of Promotional ‘Merchandise will be deducted in the following Tern Year unless the breach occurs in the final year of this Agoement, in which case the deduction wall occu in the curent Term Year ori the frst renewal yea. ‘The decision to apply the deduction in the curent Term Year or the firt renewel year Tests cotirely with adidas, ‘With respec to the Schools care right above fie School acknowledges end ‘understands thet breaches of Seaton 2 ae not curable. EEfect_of Termination: Survival, The right of termination under this ‘Agreement ia not exclusive and isin adition to any an all other rights and remedies availabe to the partes under aplicable law, The termination ‘ofthis Agreement shall not relieve a party frm lability fora prior breach ‘ofthis Agreement. The provisions of tis Ageement that by their context ‘or nature. e intended to survive the expiration or termination of this ‘Agreement, including Sections 9.1 and 9:2 sll survive the expiration or termination ofthis Agresment Rights of Fist Dealing and First Refusal 9a. Fmt Dealing, Between July 1, 2024 and December 31, 2024, the parios 8 92, stall meet and nogotiate in good foith tke renewal of this Agreement (Bizet Dealing Period"), The parties shall not be obligate to enter into fan agreement if they camo sete on mutually agreeable tems during the First Dealing Pecod. During the Fist Dealing Period, School shal ‘ot, and School shall not permit its agents, atlomeys, sccountants, representatives or employees to, engage ia any discussions or negotiations ‘wih any third party for ay agreement or arrangement involving, in whole ‘or in part, the same subject matter as ia this Agreement, inciding the sponsorship, promotion, advertisement ot endocsment of athletic apparel thd footwear products, or providing exmulting or similar services with respect to athletic appael and footwear products ("Thitd Paty Deal”). its Refistl, School shall not enter ict a school-wide Endorsement ‘Sponsorship Agreement ar similar agreement, or sport-specific agreements ‘with a third party witout first giving adlas an opportunity to enter into ‘tn egreement with School for such rights on the third party terms and ‘conditions, measured soley in terms wich are material, measurable and tatchable ("Thitd Party Tem"). Schoo ball notify adidas ofthe Thicd Party Terms it receives for any Third Puty Deal, Fvidence of auch an offer mast be on the third party's letterhead and copy thereof must be ‘supplied to adies. adidas shal have 30 days fiom its receipt of the Third Party Terms to match such Third Party Teons. If adidas matches the ‘Third Paty Terms, then School shall tater into a new agreement with sdides consistent withthe Tied Party Tem. 10, School Approval. 101. 102. ‘ital Approval. schol ti hd pry ensign rit lensing department witha the School administration, School agros_ and acknowledges tht eny approvals given bythe Schools alte direslor or his/her deaignee shall be sufficient forall, Purposes under this Agreement [Notie, adidas shall provide School wit items for upproval, Scho! shall lpprove or disapprove within ten (10) business days. 1f School doesnot ‘Provide approved or disapproval with th alloted time, then this shall be ‘eemed approval and adidas may procted with is obligations under tis ‘Agreement. 11, Covenants of Parties. Ma. ‘Confidentiality, Subject to applicable state public ecards lw, the terms of this Agreement arestricly confidential and nether party may disciose the terms hereof to any thd party without the prior written conseot of the other party. Notwithstanding the foregoing, School may disclose ‘Agreement upon receipt of a public records request for it; provided however that before disclosure, School shall provide notice to adidas ‘and aJidas may redect based on Ohio's public recorés exemptions. Further, either party may disclose the tenms hereof to such party's ‘professional, nancial and similar afvisors provided such persons are 9 2 a ‘bound by covenants or obligations prohibiting further disclosure and restricting their use of such information to purposes consistent with the provisions of this Agreement. 11.2. Compliance with Law. Bach party sball comply with all awa, roles and regulations applicable fo it inthe performance of its obligations under this ‘Agroement 113. No Resale, During and after the Term, School agrees to not sell of distribute, or to pemit the sele or distribution of, any adides Products seguir pursuant to this Agreement, provide that School may sell such sdidas Products to: () aflites of the School, including on-arnpus real ‘outlets that provide servioes or salesto the Schoo!’ teams, athletic cilities, faculty, students and visitors, (i) vendors of the School that provide services tothe School's teams ot ele fclities but only to the extent ‘elatod to vendor's provision of service tothe Schoo, and (ji) ata surplus qupmen ad perl, wich my oscuro mare than once per Tera (Notices, Notices roquiced by this Agreement shll be seat to the adress listed ‘below orto such other addres sth parties may from time to time by notice provide, Ito adidas: ft Schoo: ‘adidas Ameria, Ine. Director of Athletes 50S5.N, Gredley Intercollegiate Athletics ‘Ave. Portland, OR Ohio University nit Convocation Center ‘Ata: Director, US, Team Sports ‘Athens, OH 45701, With a copy to: ‘Witha copy to: adidas America, ne General Counsel ‘5055 N, Gresley Ohio University ‘Ave, Portland, OR 1160 W. Union St, Room 150 97217 Attn: Legal Athens, OH 45701 [Notice is effective when actually rocsived if sent by any means thet leaves a hard-copy recordin the hands ofthe recipient. If seot registered mail, postage ‘prepeid,retum receipt requested, nti shall be deemed effexive on the date the fetum roceipt shows the totice was acceped refused, orretumed undeliverable, Miscellaneous. 13.41, Inguranee. During the Term, adidas shall maintain comprehensive ‘general ability insurance coveringbodily injury and propety damage in ‘mounts not less than $500,000 per occurrence and $1,000,000 in the tggregste, adidas shall provide proof of this coverage to School on request. School accepts, acknowledges, and understands that adidas is 10 selfnsre. 132. Severability 1 any provision of thi Agreement ished tobe invalid or ‘unenforenble in any respect for any reason, the validity and ‘enforcebily of such provision in any other respect and ofthe remaining, provisions of ths Agreement will not be in any way paired, 133, Choice of Law; Venue: Jurisdiction. Notwithstanding eny provision of ‘adidas’ catalog terms and conditions this Agreement shall be governed by and construed in accordance with the laws of the State of Ohio. The parties hereby ages snd consent to the exclusive juricton and vemie ‘of any federal of State court located in or embracing Franklin County, ‘Ohio, except that claims for money damages againt School sall be ‘brought in the Ohio Court of Claims, unless otherwise sllowed by tev. 134, Binding Effect This Agreement will be binding on and inure to the benef of the parties and their respective heirs, personal representatives, sucoesors ad permitted assigns 135, Assignment, Neither party may assign, sell or transfor this ‘Agrosment of any of its rights interests or obligations under this ‘Agreceal widiul the othe pasty’ pior written conse 13.6, Constnution, The captions used in this Agreement are provided for convenionce only and will not affect the meaning cr intexpretation of fay provision of this Agreement. All references inthis Agrecment to “Section” or “Sections” without ddtional idetification refer to the Section or Sextons of this Agrecment. All words used in this ‘Agreement will be constnied to be of such gender or mumber es the Cdroumslanoes require. Whenever the words include or including are ‘od inthis Agreement, they will be deemed tobe followed bythe words vlthout lintaton. 13:7, Expenses. Except as otherwise expressly provided -n this Agreement, 13 139, ach party to this Agreement will bear is own expenses in conection ‘with the preparation, execution and performance of his Agreement and the transactions contemplated by this Agreement. Scool sll be solely responsible forthe payment of ll txes or otber asocated expenses fon any compensition or consideration received unier this Agreement. SSchooVadidss Relationship. Nothing contained in this Agreement shall be construed as establishing an employeremployee, agency, perinenhip or joint ‘venture relationship between th partes. Independent Contrctors, School and Adidas are independent contracting parties. [Neither Adidas nor its employees are employees, parmers or agents of School. adidas willbe solely responsible forall compensation cf its employees including, n 13.19. 1B. bn. 13.8. 13.44, 13s. 136. sat. 1318, peyments of wages, salaries and benefits), for obtining and peying for all femploymentelsted insurance, and for paying and/or withholding all required temploymentelsted taxes and contributions. Employess of adidas who provide personal service to School are not pubic employees by virtue of those services fand are not entitled to membership in any Ohio public pension system. vs, ‘The partie will comply with all applicable federal, stato ‘nd Tocl laws end regulations that pertain othe goods and actives contemplsted by this Agreement Late ees, Notwithstanding ey provision of adidas’ catalog tens and conditions, the patie agree that School wil not be responsible for any Ine Fes for overdue ‘Confidentiality, Notwithstanding sny provision of adidas's catalog terms and ‘conditions, adidas acknowledges that School is subject othe Ohio Publi Records ‘Act and thatthe terms ofthis Agroement may be disclosed upcn School's receipt (of an appropriate public records request. “Taxes, The parties scknowledge thatthe goods provided hecander are exempt ‘fom Ohio sales tax. An exemption certificate is evllable upor request to School Fores Maloure, Neither party will be responsible for any delay or faire in pecformance resaling from strike, lockout, failure of power, fire, set of God, fecroriam, sil, inmutecion, war or other similar reason beyond the reasonable contol of auch party ("Fores Majcure Event). When either puty has knowledge fof any Force Majeure Event that will delay or affect is peformance, such party ‘hall immediately noty the other party. The time for performing any obligation ‘may be extended fora period equivalent othe period of such Perce Majoure Event. Invoicing and Payment by School, All sles and ober matters quiring payment by School shall be invoiced by adidas, with paymeat net 6C from the date the invoice is received by School for s-once orders, and with payment net 90 from the date the invoices recived by School for booking orders, [Nondisrimination, adidas acknowledges and agrees that it doesnot discriminate in employment on the basi of race, color, religion, sex, age ethnicity, national ancestry, naionl origin, sexual orientation, pregnancy, gender, gender identity or expression, military service or vetoren statu, or mental or physical disability. rm adidas warrants that iti not subject to an unresolved Finding for Recovery under Oo Revised Code setion 9.24. adidas agrees that if (his representation is determined tobe false, tis Agreement wil be void ab initio, and adidas must immediately cepay ll funds paid under this Agreement. ‘Campaign Contributions. sides warrants tha neither it nr its partners, officers or ‘iretors, or spouses of any such perso, bas made contributions in excest ofthe 2 limitation specified in Ohio Revised Code section 3517.13, 13.19, Non-Waiver, No waiver of ay provision ofthis Agreement willbe effctiveunl itis in wring and signed by the party aginst whom i is sought to be enforced. Failure or delay by ether party to enforce any rights under thi vil not ‘be construed as a waiver of sch rights, anda waiver by ether party of «det in ‘one or more instances wil not be construed ssa continuing waiver or as a waiver {other instances 1320, Debarment. adidas certifies that its not curently suspended or debared by the ‘eral government or by the sate of Ohio from participating in federal or Ohio- fanded projects, adidas agrees to give prompt notice to School if it becomes suspended or debared during the Tem. 1321. Entire Agreement, This Agreement, together with the terms and conditions ofthe adidas Team Sales catalog and of the account or credit application completed in connestion with execation ofthis Agreement, all of which are incorporated into this Agreement by reference, constiutes the entire understanding between the paris with espct othe wubject matter hereof and cannot be amended or moitied ‘xcept by an agreement in writing signed by each ofthe partes. All previous “understandings or agreements betwoen the parties related to the subject matter herein shal ave no further force and effect. IN WITNESS WHEREOF, the undersigned individuals hereby certify that they ae duly authorized to execute this Agreement on behalf ofthe parties. ‘adidas Ameria, Ine. Out0 UNIVERSITY ~~ “Ter VP. US Team Sports Silas vega. 3

You might also like