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PAYMENT TERMS
Due upon receipt of invoice.

LATE PAYMENT FEE
Invoices not paid in full by 1.01.18 are subject to a 1.5% monthly late fee.

DIGITAL ADVERTISING
Sponsor may cancel the Sponsorship/Advertising Agreement in writing; however, sponsor agrees to the following refund schedule:

  • 91 – 120 days before artwork due date – 90% Refund
  • 61 – 90 days before the artwork due date – 75% Refund
  • 31 – 60 days before the artwork due date – 50% Refund
  • 30 days or less before the artwork due date – No Refund

SINGLE SPONSORSHIPS/ADVERTISING UNDER $25,000

Sponsor may cancel the Sponsorship/Advertising Agreement in writing; however, sponsor agrees to the following refund schedule:

  • 91 – 120 days before the first day of the program – 90% Refund
  • 61 – 90 days before the first day of the program – 75% Refund
  • 31 – 60 days before the first day of the program – 50% Refund
  • 30 days or less before the first day of the program – No Refund

SINGLE SPONSORSHIPS/ADVERTISING OF $25,000 OR GREATER

Sponsor may cancel the Sponsorship Agreement in writing; however, sponsor agrees to the following refund schedule:

  • 211 – 240 days before the first day of the program – 75% Refund
  • 181 – 210 days before the first day of the program – 50% Refund
  • 180 days or less before the first day of the program – No Refund

SIGNAGE (produced by our third-party vendor, Freeman)

Once Signage Proposal is signed and accepted, a minimum 80% down payment will be due and payable upon receipt of invoice. Post VMX, a final Invoice will be sent to the sponsor with the balance due (including charges for additional signage purchased during VMX, late fees, updated rigging fees, etc.). Final Signage payment will be due and payable upon receipt of invoice. Sponsor may cancel the Signage Agreement in writing; however, sponsor agrees to the following refund schedule:

  • 91 – 120 days before reserved signage artwork due date (as outlined on Signage Proposal) – 90% Refund
  • 61 – 90 days before reserved signage artwork due date (as outlined on Signage Proposal) – 75% Refund
  • 60 days or less before reserved signage artwork due date (as outlined on Signage Proposal) – No Refund
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