license application

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March 6, 2016
To Whom It May Concern:
Thank you for your interest in Joe Gibbs Racing and our Licensing Program. This application is in response to
your inquiry regarding obtaining a license agreement with Joe Gibbs Racing, Kyle Busch, Denny Hamlin and/or
Joey Logano.
Enclosed is a licensing application, which requires a nonrefundable $500 processing fee. Please complete and
return the application with a check made payable to “Redline Sports Marketing, Inc.”. Upon receipt, it will be
evaluated for approval by our marketing department (please allow six to eight weeks for this process). After the
evaluation process is complete, you will then receive either an official Joe Gibbs Racing term sheet or an
explanation of refusal. Feel free to enclose any additional information that might give us a better understanding
of your company and its product line. Please be sure to fill out the application as completely as possible. Lack
of information can slow the process.
We appreciate your interest and look forward to receiving your completed application. If you have any
questions regarding the application or process, please do not hesitate to contact our Marketing & Licensing
Coordinator, Jenni Murphy at 704.944.5005 or jmurphy@joegibbsracing.com.
Best regards,
J.J. Damato
Director of Licensing & New Business Development
Joe Gibbs Racing
13415 Reese Blvd. West
Huntersville, NC 28078
(1)
Ph: 704.944.5000
Fax: 704.944.5006
LICENSE APPLICATION
PLEASE ALLOW APPROXIMATELY EIGHT WEEKS FOR PROCESSING
Please complete and return this application to the following address:
REDLINE SPORTS MARKETING, INC.
13415 REESE BOULEVARD WEST
HUNTERSVILLE, NC 28078
ATTN- JENNI MURPHY
PHONE: 704/944-5005
YOU MUST ENCLOSE A NONREFUNDABLE $500 APPLICATION FEE.
MAKE YOUR CHECK PAYABLE TO "REDLINE SPORTS MARKETING
INC." FAILURE TO PAY THE APPLICATION FEE, SEND SAMPLES OR
COMPLETE ALL SECTIONS OF THE APPLICATION WILL RESULT IN
A DELAY IN PROCESSING.
If additional space is needed to adequately answer any of the items below, please attach additional pages referencing that
particular item number.
I.
Company Information:
A.
Name of Company:
Other Assumed Names Used (if any):
B
State of Incorporation or Organization:
C.
Type of Entity
D.
Corporation
Limited Liability Company
Partnership
Other:
Mailing Address:
Street or P.O. Box
City
E.
State
Zip
Street Address (if different than above):
Street
City
F.
Telephone Number: (
State
Zip
)
(2)
Facsimile Number: (
II.
)____________________ Email: ______________________
Ownership/Management Information:
A.
B.
Describe the ownership structure of your business (complete name and business
address) for principal owners:
Principal Management (Designate primary contact with an asterisk “*”):
1. President:
2. Licensing Coordinator:
3. Sales Director:
4, Marketing/Advertising Director:
5. Chief Financial Officer:
6. Counsel (if applicable):
7. Other:
C.
III.
Years in Business:
Information on Product(s) to be Submitted for Licensing:
A.
Description of Product(s) for which you seek a License:
B.
Identify the properties (driver, sponsor, team, Sprint Cup, etc.) for which you are seeking a License:
Driver(s):
Sponsor(s):
Team(s):
Sprint Cup:
Other:
C.
Quantity of product(s) you desire to produce:
D.
Estimated Wholesale Selling Price/Unit:
(3)
E.
Estimated Retail Price/Unit:
F.
Requested Term of License Agreement:
Has the Product(s) been tested for compliance with:
American Society for Testing and Materials Standards
Consumer Product Safety Commission Standards
Yes
Yes
No
No
Other laws:
Results:
(attach reports)
If no testing, indicate method for ensuring compliance:
H.
Will the product(s) be used in connection with any other trademarks or proprietary rights?
Yes
No
Identify:
Source of Rights in these Marks:
I.
Attach a sample of each product to this License Application. Please make sure the sample is a product your
company is currently manufacturing or distributing.
IV.
Marketing Information
A.
Describe any advertising and promotional materials or programs you plan to use to
Market the above products:
B.
C.
Describe anticipated timing for the marketing and production of each proposed licensed product:
Does your firm use an advertising agency?
1.
Name:
2.
Address:
3.
Key Contact:
(4)
4.
Telephone Number:
If yes, what type?
Consumer Advertising
Trade Advertising
In-store Materials
Sales/Trade Incentives
Other
D.
Does your company have product design and artwork capability?
Yes
E.
No
If yes, who does the design?
Company Art Department
F.
Freelance
Agency
Does your company have a formal Quality Control Program?
If yes, what criteria is used for Quality Control?
V.
Manufacturing Information:
A.
Will your company actually manufacture this product?
B.
If not, who will manufacture this product? (Manufacturing Agreement required)
Name:
Telephone (
Yes
)
Address:
C.
Where will the product be manufactured?
U.S. Domestic
D.
Foreign
Location of principal plants (Complete address and telephone)
1.
2.
VI.
Sales and Distribution Information:
A.
Company sales volume for most recent year: $
(5)
Both
No
B.
Company sales volume for previous year: $
C.
Distribution capability:
International list:
National
D.
Regional
Number of States
Territory where License is requested:
________________________________________
E.
F.
Sales Force
1.
Own Sales Force - Number of Salespersons
2.
Reps, Jobbers, etc. – Number
3.
Agents – Number
Current Distribution:
Type of Account
Percent of
Sales Volume
1. National Chains
2. Regional Chains
3. Department Stores
4. Buying Offices
S. Discount Stores
6. Drug Stores
7. Food Stores
8. Convenience Stores
9. Catalog Stores
10. Toy Stores
___________
11. Internet Stores
12. Other (Specify)
Leading
Accounts Sold
__________________________
G.
Estimate of annual dollar volume of the items you wish to manufacture under this License.
Year 1 $
Year 2$
H.
Proposed royalty structure:
I.
Proposed annual minimum guaranteed royalty: $
J.
Accounts to whom you plan to sell the licensed product:
(6)
Wholesale:
Retail:
Other:
K.
Please list three trade references we can contact who would be able to provide us with an opinion on your
company's product line and performance:
Company Name
Contact
Telephone Number
Email
1.
2. _______________________
____________
____________________
________________
____________
3.
VII.
VIII.
____________
L.
List trade shows where you exhibit your product:
M.
List other products your company sells that are not included in this Sublicense Application:
Licensing Information:
A.
Does your company currently manufacture any other products under licensing contracts?
_______Yes
No
B.
Specify which licenses your firm currently holds:
Insurance:
A.
Does your company carry product liability insurance?
If so, please list the carrier and the amount of coverage:
Yes
Insurance Carrier:
Individual Limit: $
Type of Coverage:
Aggregate Annual Limit: $
(7)
No
Expiration:
IX.
Deductible: $
Financial Information:
A.
Bank References:
Name:
Branch:
Address:
Bank- Contact:
Telephone: (
)
Credit References (name, address, email address and telephone number):
1.
2.
D.
B.
D & B Number:
C.
Most Current D & B Rating:
Please include a copy of your most recent D & B Report.
E.
X.
As an individual, as an officer of a corporation or as a partner in a partnership, have you ever filed for
bankruptcy voluntarily or been proceeded against involuntarily as bankrupt. If yes, give details - date,
court, case number, etc.
Additional Information:
A.
Please enclose any additional information you believe may be helpful in evaluating your license request
which should include but not be limited to the following:
(8)
1. Nonrefundable product samples, artwork, and marketing materials at no charge to Redline Sports
Marketing, Inc. for evaluation of quality, workmanship, material, etc.
2. Annual Report and/or Balance Sheet and Income Statement.
3. Catalogs, brochures and promotional materials which illustrate or reference your company's products.
XI.
Prospective License Statement
I hereby attest that the information included herein is true and complete. I understand
than any License which may be granted to this company by Redline Sports Marketing, Inc.
will be subject to immediate termination without the return of any amount paid (including the nonrefundable application
fee) or the abatement of any amount due, in the event Redline Sports Marketing, Inc., finds that any of the information
contained herein is false, misleading,
fraudulent or incomplete in any material respect.
I hereby acknowledge the proprietary nature of all names, likenesses and marks of the
properties represented by Redline Sports Marketing, Inc. and that until such time, if any, as a
License has been issued to this company, no rights exist for use thereof.
I understand that this application does not constitute an offer from Redline Sports
Marketing, Inc., or imply any obligations on the part of Redline Sports Marketing, Inc., to grant
a License in any category. Redline Sports Marketing, Inc. may reject this application for any reason. I understand that the
application fee is nonrefundable and that I will not receive credit against any future royalties due for any and all of the
application fee.
Signature:
Print Name:
Title:
Date:
(9)
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