SANCTION AGREEMENT
THIS AGREEMENT is effective as of 1 April 2008.
BETWEEN
(A) CHINESE MOUNTAINEERING ASSOCIATION of NATIONAL SPORTS COMMISSION of 9 Tiyuguan Road, Chongwen District, Beijing 100763, People’s Republic of China (the "Association"); and
(B) ESPN STAR SPORTS of 151 Lorong Chuan, #03-01 New Tech Park, Singapore 556741 ("ESS");
WHEREAS
I. The Association is the governing body authorised to sanction sport climbing in the People’s Republic of China including but not limited to those in the Event (defined herein).
II. ESS is in the business of promoting, organizing, staging and marketing sporting events throughout Asia.
III. ESS wishes to engage the Association’s services and the Association wishes to host and assist in the coordination of the Event under the terms and conditions of this Agreement.
NOW THEREFORE, for and in consideration of the mutual covenants and agreements herein contained, the Association and ESS (individually a Party and collectively the Parties) hereto, intending to be legally bound hereby, covenant and agree as follows:
1. EVENT AND VENUE
The event is the KIA X Games Asia 2008 (as further particularized in Schedule I) and scheduled to take place on 30 April 2008 to 3 May 2008 (the “Event’) or any other dates to be determined by ESS, provided that such dates fall within the Term. The Event will be staged at a venue to be determined by ESS in Shanghai (the “Venue”). The official title of the Event is the KIA X Games Asia 2008 (the “Event Title”).
2. ASSOCIATION’S APPOINTMENT
ESS agrees to appoint the Association and the Association agrees to host and assist in the coordination of the Event under the terms and conditions of this Agreement.
参考资料:自译