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SPONSORSHIP AGREEMENT <br />DATE: January 29, 2025 <br />BETWEEN: Route 60 Hyundai / Chiarenza Agency (Sponsor) <br />Indian River County Parks, Recreation and Conservation (Sponsee) <br />TERMS OF AGREEMENT: <br />The Sponsee agrees to grant the Sponsor the following sponsorship rights: <br />• Thank you slides displayed on the daily rotation on the electronic billboards <br />located on Oslo Road at the iG Recreation Center, 581h Avenue at the Indian <br />River County Fairgrounds and North County Aquatic Center <br />• Route 60 Hyundai and Chiarenza Agency printed on the uniforms of 10 youth <br />basketball teams (5 per organization) <br />• Thank you slides displayed on the two televisions inside the iG Recreation <br />Center <br />• Social Media blast on the iG Recreation Center and IRC Parks and Recreation <br />Facebook pages thanking Route 60 Hyundai and Chiarenza Agency for their <br />generous sponsorship <br />• Route 60 Hyundai and Chiarenza Agency will be featured on the back cover <br />of the Parks, Recreation and Conservation Spring and Fall Activities brochure <br />2. The sponsorship will be for one year, beginning on March 1, 2025, and ending on <br />March 1, 2026. <br />3. The Sponsor will pay Sponsee $2,000 per month, due on the 20th of each month. <br />4. The Sponsee agrees to provide the Sponsor brand recognition in the form of <br />advertising as highlighted above in Section 1, <br />5. Termination: Either party may cancel this agreement without cause with 30 days' <br />notice. Notice shall be provided to: <br />a) Sponsee: Beth Powell <br />Indian River County Parks, Recreation & Conservation <br />1590 9th Street S.W., Vero Beach, Florida, 32962 <br />b) Sponsor: Emma Chiarenza <br />Route 60 Hyundai/Chiarenza Agency <br />85752 01h Street, Vero Beach, Florida, 32962 <br />6. Sponsor certifies that it and those related entities of,Sponsor as defined by Florida <br />law are not on the Scrutinized Companies that Boycott Israel List, created pursuant <br />to Section 215.4725 of the Florida Statutes, and are not engaged in a boycott of <br />Israel. Sponsee may terminate this contract if Sponsor, including all wholly owned <br />subsidiaries, majority-owned subsidiaries, and parent companies that exist for the <br />purpose of making profit, is found to have been placed on the Scrutinized Companies <br />that Boycott Israel List or is engaged in a boycott of Israel as set forth in Section <br />