PURDUE UNIVERSITY STUDENT ORGANIZATIONS
FUND RAISING SALES AGREEMENT
THIS AGREEMENT entered this
day of
, 20 ____ , by and between
VENDOR, and
,
SPONSOR, (a recognized student organization at Purdue University) for the purpose of
defining the rights and obligations of the parties, and
WHEREAS, the parties hereto desire to maintain an exclusive relationship during the
term of this contract,
NOW, THEREFORE, in consideration of the mutual promises contained herein, the
parties agree as follows:
1. The above VENDOR agrees to provide to the SPONSOR items of
, to be sold by SPONSOR. Said items shall be
provided at no cost or liability to the SPONSOR.
2. An inventory of merchandise will be taken prior to the sale and at the
conclusion of the sale. Verification of this inventory will be made jointly by a
representative of the VENDOR and the SPONSOR.
3. SPONSOR agrees to provide to VENDOR an on campus location for the Fund
Raising Sale. The location will be at
and will be available between the
day of
, 20 __ , and the
day of
, 20 _ , during the hours of
to
.
4. The SPONSOR will provide adequate coverage by student personnel to
conduct the sales activity during the time periods indicated above.
5. All advertising must clearly identify the student organization as the Sponsor of
the activity.
6. The student organization must clearly be identified as the sponsor of the
activity at the on campus location. (i.e. by posters, banners, etc.)
7. VENDOR is prohibited from engaging in active sales participation during the
event.
8. All funds received from the sale shall be deposited to the SPONSOR's student
organization account at Purdue University. Credit card sales transactions are
prohibited. Only checks or cash will be accepted at this sales event. All change
funds will be provided by the sponsor.
9. The SPONSOR shall retain
% of net sales.
(Net Sales = Gross Sales less Sales Tax) SPONSOR is responsible for
remitting state sales tax to the Indiana Department of Revenue.
10. A student organization check for amount due VENDOR will be issued and
mailed to VENDOR's business address indicated below, within ten (10) days after
the date of the sale.
11. It is Understood and Agreed that the SPONSOR has no business relationship
to the VENDOR other than the agreements contained herein.
Revised: August 2012
12. If any merchandise sold at this sale bears the Purdue University seal, logo, or
trademark, the vendor will display the official licensing tag which indicates the
seal, logo, or trademark have been reproduced under the licensing agreement as
registered with the Collegiate Licensing Company.
13. Additionally, by signing this Agreement, I hereby agree that in the event of a
breach of any of the terms of this Agreement, the University shall be entitled to
recover from the Vendor reasonable attorney’s fees, the costs of collection, and
court costs, in addition to all other relief, in law or in equity, to which the
University may be entitled. The costs of collection may also include collection
agency costs, if the account is referred to a third party collection agency for
collection. Any judgment entered shall be without relief from valuation and
appraisement laws. This Agreement is executed and delivered in the State of
Indiana, and it shall be governed by, construed, and administered in accordance
with the laws of the State of Indiana. The parties agree that the exclusive venue
for any dispute resolution brought under this Agreement shall be the courts of
Tippecanoe County, Indiana.
14. Addition Provisions
_____________________________________________________________________
_____________________________________________________________________
IN WITNESS WHEREOF the parties have affixed their name on the day and year first
above written.
______________________________________
NAME OF STUDENT ORGANIZATION
______________________________________
NAME OF VENDOR
(PRINTED)
______________________________________
VENDOR SIGNATURE
DATE
_______________________________________
AUTHORIZED SIGNATURE
(PRINTED)
BUSINESS OFFICE
STUDENT ORGANIZATION
_______________________________________
FED TAX ID# or SOCIAL SECURITY
_______________________________________
ADDRESS
_______________________________________
CITY
STATE
ZIP
_______________________________________
PHONE
Revised: August 2012
DATE