Laserfiche WebLink
Letter ofAgreement <br />Elk Grove Village <br />This Agreement (the "Agreement') is by and among Chicago Running and Special Events Management Inc., <br />d/b/a Chicago Special Events Management (hereinafter referred to as "SEM") and Elk Grove Village <br />(hereinafter referred to as "Client"), with a mailing address of 901 Wellington Ave, Elk Grove Village, IL 60007, <br />for the Client to retain the services of SEM to manage and produce the 2010, 2011 and 2012 Alexian Brothers <br />Tour of Elk Grove, an international bike race (hereinafter referred to as the "Event"), an event owned by the <br />Client. <br />Section 1. <br />Definitions. As used herein, the following terms shall have the following meanings: <br />A. Host A location or place that has ownership rights to land that can be used for a period of time to stage an <br />event. <br />B. Name and Date of the Event. The name of the Event will be the "Alexian Brothers Tour of Elk Grove". <br />The Event will be scheduled subject to the Clients approval and mutually agreed upon with the <br />requirements of the United States Cycling Federation. <br />C. National Governing Bodies (NGB�. The Olympic sanctioned governmental agencies representing their <br />respective, sports. <br />D. USA Cycling. The United States Cycling Association. <br />E. Event Planning. Consultation and administrative services provided for a project or event. <br />F. Sponsor. A person, firm or company that financially supports the event through a monetary commitment <br />(cash) or trade that is directly budget relieving to the expense of the event and receives benefits from such <br />involvement which may include sales, marketing or advertising. <br />G. Media Partners. Sponsors of promotional value whose monetary value can be established through the <br />cost of advertising as concluded by the fair market value of such advertising. <br />H. Production. Services. The setup, operations, management and take down of an event site, which includes: <br />labor, goods and services and equipment. <br />Term. The term of this Agreement is set forth within this agreement and commences upon execution of <br />this agreement. It concludes upon final payment and execution of the provisions set forth within <br />agreement. <br />J. Block Party. An on -street musical event free of charge and includes food and drink vendors serving items <br />for sale to the general public. The Block Party will take place immediately following the last racing event <br />held on both Friday and Saturday evening. <br />Section 2. Scope of Servioes. <br />Pre -Planning. <br />SEM shall worts with the Client to plan the event (including a Block Party following the bicycle race if requested <br />by client at time of determining the following year's race event), which shall include, but shall not be limited to, <br />