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CM-2018-1910 - 10/19/2018HOST PARTNER AGREEMENT THIS AGREEMENT (the "Agreement") is executed effective as of date of signing (the "Effective Date") by and between PEAK EVENTS, LLC, PO Box 866, Frisco, Texas 75034, and the CITY OF ROUND ROCK, TEXAS (the "City/Host"), a Texas home -rule municipality having offices at 221 East Main Street, Round Rock, Texas 78664, regarding City"Host's desire to become an "Official Host Partner' of the Round Rock Classic (the "event") in Round Rock, Texas, on or about February 21 through February 23, 2020, to be held at the Dell Diamond, owned and operated by the CityHost and located at 3400 Palm Valley Boulevard, Round Rock, Texas 78664. NOW, THEREFORE, in consideration of the premises herein set forth and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, PEAK EVENTS, LLC and City"Host agree as follows: 1. Designation and Rights as Official Host Partner (a) City/Host shall be designated as an "Official Host Partner" for the event. (b) PEAK EVENTS, LLC has the right to secure its own sponsors or sponsorships for the event. (c) City Host acknowledges that PEAK EVENTS, LLC has granted and/or may grant to other National Corporate Sponsors, National Partners, or Licensees the use of PEAK EVENTS, LLC Marks (defined herein as PEAK EVENTS, LLC trademarks, trade names, service marks and logos) in the promotion of PEAK EVENTS, LLC goods or services. Said licensing and merchandising relationships shall be on a Iocal, regional, and national basis. (d) PEAK EVENTS, LLC and City/Host acknowledge that each recogniLes the value of inherent attributes of the goodwill associated with each other's respective trademarks, trade names, service marks and logos. PEAK EVENTS, LLC and City: Host shall not apply for and shall not obtain any state or federal service mark or trademark registration or any foreign service mark or trademark that incorporates or uses the trademark, trade name, service mark or logo of the other without the prior express written consent of the other. 2. PEAK EVENTS, LLC Rights and Resimnsibilities (a) PEAK EVENTS, LLC shall obtain and maintain in full force and affect a general liability insurance policy covering the event and said insurance policy shall fulfill all requirements of the City of Round Rock, Texas as to amount and co%erage. A copy of such insurance certificate shall be ss2 OW81466 2M,201t /q to provided to CityHost in advance of the event. PEAK EVENTS, LLC shall, upon the direction of City/Host, include City and designated sponsors as additional insureds on such insurance policy at no additional cost or charge to City -Host. (b) PEAK EVENTS, LLC, at its own expense, shall have the sole responsibility for establishing, organizing, and operating the event. 3. Fees and Costs As consideration for the rights and benefits granted herein, and provided that PEAK EVENTS, LLC is in compliance with all terms of this Agreement. City/Host shall pay to PEAK EVENTS, LLC the following: (a) Rights Fee of Fifteen Thousand and No/100 Dollars ($15,000). Such rights fee shall assist in covering PEAK EVENTS, LLC's event costs. 515,000 shall be due and payable by City Host to PEAK EVENTS, LLC upon execution of this Agreement, (b) Other Costs City'Host shall be responsible ibr the costs associated with the premiums or other expenses related to CityHost's on-site promotions. City/Host shall also be responsible for costs associated with the production of City/Host's own promotional materials to be distributed on-site City/Host shall endeavor to ensure that all City/Host advertising and promotion complies with all applicable laws, rules and regulations. 4. Terms Subject to the recited terms and provisions of this Agreement, the term of this Agreement shall commence immediately upon the execution hereof by both parties and shall end by operation of its own terms after completion of the event on February 23, 2020. 5. Representations and Warranties Each party hereto represents and warrants to the other party as follows: (a) It has the full right and legal authority to enter into and fully perform this Agreement in accordance with the terms and conditions hereof. (b) This Agreement, when executed, will be its legal, valid and binding obligation enforceable against it in accordance with the terms and conditions hereof, except to the extent that enforcement hereof may be limited by bankruptcy, insolvency or other similar laws affecting creditors' rights generally. 2 (c) The execution, delivery and performance of this Agreement does not and will not violate or cause a breach of any other agreements or obligations to which it is a party or by which it is bound, and no approval or other action by any governmental authority or agency, or any other individual or entity, is required in connection herewith. (d) Each of the lbregoing representations, warranties and covenants shall be true at all times during the term hereof. 6. Use and Ownership of Marks PEAK EVENTS, LLC and City/Host hereby agrees to use the Marks of the other only as set forth herein and only for the purposes of advertising, marketing and promoting the event and related events and goods as set forth in this Agreement. Each party shall retain ownership of its respective Marks. Use of the Marks under this Agreement shall be for the benefit of the respective Mark o%sner. The parties acknowledge that the rights granted by each party under this Agreement possess a special, unique and extraordinary character that make difficult the assessment of monetary damage that would be sustained by such party as a result of any unauthorized use of any PEAK EVENTS, LLC Mark or City!'Host Mark. Accordingly, in the e%ent of any unauthorized use of any PEAK EVENTS, LLC Mark or City/Host Mark by the other party (or a party authorized by such other party), each party shall, in addition to any other contractual, legal and equitable rights and remedies as may be available to it, have, during the term hereof and after the termination or expiration of this Agreement, the right to take such reasonable steps as are necessary to prevent any further Unauthorized use of any such e%ent Mark or City/Host Mark, without being required to prove damages or furnish a bond or other security, including petitioning a court of competent jurisdiction for a temporary restraining order, a preliminary or permanent injunction, and/or a decree for specific performance. 7. No Joint Venture This Agreement does not constitute and shall not be constructed as constituting a partnership, employer-employee, or joint venture between or among PEAK EVENTS, LLC or City/Host. PEAK EVENTS, LLC is an independent contractor and is not City. Host's employee. Neither party shall have any right whatsoever to obligate or bind the other party in any manner whatsoever, except as expressly set forth herein. Neither party has authority to enter into contracts or relationships or to perform acts as agent for the other party. 8. Assignment This Agreement shall be binding on the parties and their respective successors and assigns. Notwithstanding the preceding sentence, neither party may assign this Agreement without the prior written consent of the other party. 9. Notice Whenever notice is required to be given by either party to the other under this Agreement, it shall be sent by certified U.S. mail with receipt confirmed to the following: To PEAK EVENTS, LLC: Ryan Holloway President PQ Box 866 Frisco, Texas 75034 To City/Host: Laurie Hadley City Manager City of Round Rock 221 East Main Street Round Rock, Texas 78664 Each party shall have the obligation to notify the other of* any change in address for these notice purposes. 10. Termination and Cancellation (a) If the other party materially defaults in the performance of this Agreement, and if such default is not cured within thirty (30) days following written notice of such default to the defaulting party, then and in that event either party hereto may terminate this Agreement without prejudice to any legal or equitable rights to which such terminating party may be entitled, and such termination shall be effective upon delivering notice to the other party of such termination. (b) City Host may terminate this Agreement, in whole or in part, for convenience and without cause, at any time upon ninety (90) days' written notice to the other party. Prior to proceeding with a termination for cause, City. Host agree to use all reasonable efforts to resolve any and all issues %%ith PEAK EVENTS, LLC and shall provide PEAK EVENTS, LLC a reasonable amount of time to remedy the issues to avoid a termination for cause (c) Termination of this Agreement for any reason prop ided herein shall not relieve either party from its obligation to perform up to the effective date 4 of such termination or to perform such obligations as may survive termination. (d) In the event of tennination of this Agreement for any reason and/or the cancellation of the event, the parties acknowledge that City/Host would only be required to pay a prorata portion of its Rights Fee based on those benefits actually determined by City Host to have been provided to City/Host by PEAK EVENTS, LLC prior to termination or cancellation In the event that City/Host has, as of the effective date of termination or cancellation, paid PEAK EVENTS, LLC more of the Rights Fee than required by this section and this Agreement, then and in that event PEAK EVENTS, LLC shall be obligated to promptly refund the full difference to City/Host. 11. Indemnification To the extent allowed by law, City Host hereby agree to hold harmless PEAK EVENTS, LLC, and its affiliates and subsidiaries, and the agents, representatives, officers, directors, employees and shareholders of the foregoing, from and against any and all claims, suits, demands, damages, causes of action, expenses and liabilities of any kind or character (including reasonable attorneys' fees and costs) related to or arising out of, whether directly or indirectly, (i) City/Host's intentional or negligent actions or omissions under this Agreement, including but not limited to trademark infringements based upon PEAK EVENTS, LLC's use of the City/Host Marks as approved in accordance with this Agreement, contests, sweepstakes or other activities conducted by CitylHost pursuant to this Agreement, and any product demonstrations or products distributed by City/Host pursuant to this Agreement and (ii) any breach of this Agreement by City/Host. To the extent allowed by Iaw, PEAK EVENTS, LLC hereby agrees to hold harmless City/Host, and its affiliates and subsidiaries, and the agents, representatnes, officers, directors, employees and shareholders of the foregoing. from and against any and all claims, suits, demands, damages, causes of action, expenses and liabilities of any kind or character (including reasonable attorneys' fees and costs) related to or arising out of, whether directly or indirectly, (i) PEAK EVENTS, LLC's intentional or negligent actions or omissions under this Agreement, including but not limited to trademark infringements based upon City Host's use of PEAK EVENTS, LLC's Marks as approved in accordance %%ith this Agreement, contests, sweepstakes or other activities conducted by PEAK EVENTS, LLC pursuant to this Agreement, and any product demonstrations or products distributed by PEAK EVENTS, LLC pursuant to this Agreement and (n) any breach of this Agreement by PEAK EVENTS, LLC. 5 Each party will promptly notify the other of any claim. The terms, provisions and conditions of this Section 12 shall survive the expiration or earlier termination of this Agreement. 12. Entire Agreement This Agreement constitutes the entire agreement between City/Host and PEAK EVENTS, LLC with respect to the subject matter herein and shall supersede any and all other agreements, whether oral or othenv ise, between the parties. Any amendments or modifications of this Agreement must be in writing and signed by authorized representatives of both parties. 13. Limitation of Liability Notwithstanding anything contained herein to the contrary, in no event shall either party be liable to the other party for any consequential, incidental, punitive, special, or indirect damages of any kind. 14. Con6dentialin, The parties hereto expressly ackno,.ti ledge that City/Host is a Texas municipality and, as such, is subject to and %k ill obey the Public Information Act and other related statutes. Notwithstanding the foregoing, the parties hereto agree to maintain in confidence the terms and conditions of this Agreement and any other information disclosed that such disclosing party has reasonably designated as confidential except for disclosures to the parties' respective employees, agents, or representatiN es to the extent necessary to implement this Agreement, and except where a proposed disclosure of any specific terms or conditions hereof is authorized in ad% ance in writing by the parties, and except for disclosures required in the course of legal proceedings arising out of this Agreement, in addition to any other remedies available, injuncti%e relief shall be available to any aggrieved party. This foregoing shall not apply to any information that becomes generally known through no fault of the parties bound hereunder - 15. Execution This Agreement may be executed in counterparts and shall be deemed executed and binding upon signature by both parties hereof, 16. Governing Law This Agreement shall be enforceable in Round Rock, Texas, and if legal action is necessary by either party with respect to the enforcement of any or all of the terms or conditions herein, exclusive venue for same shall lie in Williamson County, Texas. This Agreement sha:l be governed by and construed in accordance %%ith the laws and court decisions of the State of Texas, 6 17. Compliance In accordance with Chapter 2270, Texas Government Code, a governmental entity may not enter into a contract with a company for goods and services unless the contract contains written verification from the company that it: (l) does not boycott Israel; and (2) will not boycott Israel during the tens of this Agreement, The signatory executing this Agreement on behalf of PEAK EVENTS, LLC verifies PEAK EVENTS, LLC does not boycott Israel and will not boycott Israel during the term of this Agreement. 18. Severabilitv Whenever possible, each provision of the Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be invalid or enforceable under applicable law, such provision shall be ineffective to the extent of such unenforceability or in invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement_ Al I obligations and rights or the parties expressed herein shall be in addition to, and not in limitation of', those provided by applicable law. 19. No Waiver No failure or delay on the part of any of the parties in the exercise of any right, power, or remedy under this Agreement shall operate as a waiver by such party thereof, nor shall exercise by any of the parties of any right, power or remedy preclude other or further exercise thereof by such party or such party's exercise of any other right, power or remedy. No waiver or modification of this Agreement or of any provision herein, including this section, shall be valid unless it is in writing and duly executed by the party charged with it. 20. Headings The headings contained in this Agreement are for convenience only and shall not be construed as an interpretation of any of the language contained herein. 21. Survival All rights and obligations that accrue pursuant hereto prior to the expiration or termination of this Agreement, as the case may be, and the representations and warranties made in and the indemnifications provided pursuant to this Agreement shall survive the expiration or earlier termination of this Agreement. 22. Force Majeure No party hereto will be responsible for the performance of any of its obligations hereunder if'prevented, delayed or hindered by war, riots insurrection, embargoes, strikes, concealed acts of workmen, casualty, accidents, acts of terror, or any other occurrence beyond such party's control, excluding weather - IN WITNESS N NHEREOF, the parties hereby execute this Agreement on the indicated dates. PEAK EV ITS, LLC By: K W Name�lf ,., Art r✓d4 L- .._..,_ Title: �)„-e,hv Dater • 111,181 0 ' • For City, Attest: By: — - QCle&ara Whie, City For City, A p ved as to F m: By, _ Stephan L. Sheets, City Attorney City of Round Rock ROUND ROCK TEXAS Agenda Item Summary Agenda Number: Title: Consider executing a Host Partner Agreement with Peak Events, LLC for use of the Dell Diamond to host the Round Rock Classic College Baseball Tournament. Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 10/19/2018 Dept Director: Chad McKenzie Cost: $15,000.00 Indexes: Attachments: RR Baseball Classic HPA (not signed), CMAF - Peak Events LLC Department: Sports Management and Tourism Text of Legislative File CM -2018-1910 Consider executing a Host Partner Agreement with Peak Events, LLC for use of the Dell Diamond to host the Round Rock Classic College Baseball Tournament. This event will take place during February 21 through February 23, 2020 at the Dell Diamond. This will be the first year that this event is held in Round Rock. Cost. $15,000.00 Source of Funds: HOT Funds CltyofRoundRock Page i Printed on 1WIG12048