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CO-PROMOTIONAL AGREEMENT
EVENT DETAILS:
Venue: ______________________________________
Address: ________________________________
1. TERM. The co-promotion shall be solely for the event and date aforementioned.
2. EXPENSES. Both Promoter A and Promoter B shall equally divide mutually agreed
upon expenses that are set forth for the promotion. Any unexpected expenses that are
paid by either Promoter A or Promoter B must brought to the other promoter’s attention
prior to spending funds and must consequently present a receipt or payment verification
to receive a 50% reimbursement of said expense.
3. REVENUE. All revenue shall be divided equally (50/50) between Promoter A and
Promoter B after backend expenses and sub-promoters are paid out at the conclusion of
said event. Revenue shall include any and all funds that are generated from said event
that either promoter has positioned themselves to receive. This includes, but is not
limited to, pre-sales, VIP admissions, bar commissions, sponsorship contributions, etc.
All revenues shall be divided out between Promoter A and B at the conclusion of the
event. All receipts for backend expenses and guest lists from sub-promoters shall be
present at that time.
5. DRAWINGS. Any draws made from the register during the event must be
documented and verified by either the other Promoter or by a third party staff member.
Documentation must include (i) the amount drawn (ii) the time (iii) the reason for the
draw (iv) and the signature of both the drawing promoter and the third party verifier if the
other promoter is not present during said draw.
6. DUTIES AND RESTRICTIONS. Both promoters shall equally share the promotional
duties and responsibilities required to execute the promotion prior to, during, and after
1200 Entertainment Group
CO-PROMOTIONAL AGREEMENT
said event. Without the consent of the other promoter neither promoter shall solely
negotiate or execute any contracts or agreements involving said event.
7. STAFFING. Both promoters shall have the right to personally enlist a designated staff
member to represent them in attending to funds received at the door. Personal staff
members’ wages shall be paid solely by the hiring promoter. Any additional staff
members, such as email collection personnel, DJ’s, etc, shall be mutually agreed upon
and equally compensated by both parties.
9. GUEST LIST. Both promoters shall receive a 10 person VIP guest list. All guest lists
shall terminate at 10:30 pm.
10. LIABILITY. Both parties shall assume equal liability to all debts, legal issues, or any
other circumstance that may arise within the production and execution of said promotion.
(signature)____________________________________ (date)_________________
(signature)____________________________________ (date)_________________
Witness
(print) _______________________________
(signature)____________________________________ (date)_________________