Sponsorship Terms and Conditions

In consideration of the terms and covenants of this Agreement, and other valuable consideration, the parties agree as follows:

RECITALS

1. Golden Tree is in the business of running and organizing events, including the World AI Technology Expo, which is scheduled for May 14 & 15, 2025, as described in documents related to the same incorporated herein via references.
2. Sponsor wishes to enter into this Agreement with Golden Tree for mutual benefits of sponsorship as described herein.
3. Sponsor wishes that Golden Tree promotes its Brand via Golden Tree’s website(s), marketing, and other modes as specified herein and in related documents incorporated herein via references.
4. Both parties are eligible to enter into this Agreement with each other and are not disqualified in any manner.

In consideration of the terms and covenants of this Agreement, and other valuable considerations, the parties agree as follows:

1). TERM

This Agreement shall commence as of the Effective Date and subsist until May 15th 2025 notwithstanding any provisions that ought to survive the term or unless terminated in accordance with the terms of this Agreement (“Term”). This Agreement shall terminate automatically after the Term of this Agreement unless the Parties agree to extend the Term further in writing.

2). SPONSORSHIP

Golden Tree in consideration of the amounts received from the Sponsor as may be specified in writing and/or which is appended or in relation to this Agreement (“Consideration”), shall actively promote the Sponsor’s brand as mentioned in Annexure A (“Brand”) which is hereby through this reference construed as a part of this Agreement.

In addition, the Sponsor shall be entitled to other benefits which shall be laid down in Annexure A. Such benefits may include, but are not limited to:

2.1). Exhibiting Opportunities

2.2). Speaking opportunities at conference sessions or panel discussions 

2.3). Branding opportunities on the expo website, digital magazine, stage, and signage

2.4). Networking opportunities with entrepreneurs, investors, and industry leaders

2.5). Access to VIP lounges

2.6). Nomination in the World Technology Awards

2.7). Participate in Startup pitching activity

2.8). Access to a Prefix Appointment Fixing portal to connect with buyers

3). SPONSOR'S OBLIGATIONS

The Sponsor shall provide all materials and information reasonably requested by Golden Tree for the performance of Golden Tree’s obligations under this Agreement, including but not limited to, the Sponsor's logo, company description, and marketing materials (the "Sponsor Materials"). The Sponsor shall provide the Sponsor Materials to Golden Tree no later than one (1) month prior to the commencement of the Event. The Sponsor shall be solely responsible for the accuracy and completeness of the Sponsor Materials. Golden Tree shall not be liable for any delays or failures to perform its obligations under this Agreement caused by the Sponsor's failure to provide the Sponsor Materials in accordance with this clause.

4). LICENSE TO USE SPONSOR'S BRANDING

The Sponsor grants to Golden Tree a perpetual, irrevocable, royalty-free, worldwide, non-exclusive license to use the Sponsor Materials for branding and marketing purposes. This license includes, the use of the Sponsor Materials in email campaigns, press releases, branding on Golden Tree’s websites, marketing proposals, and event-related promotions. Golden Tree is authorized to use the Sponsor Materials without any restriction on duration, ensuring its continued use for both ongoing and future marketing and promotional efforts associated with Golden Tree’s business, unless explicitly revoked in writing by mutual agreement.

5). VARIATION TO PROGRAMME

Golden Tree reserves the right to make changes to the Event programme in its absolute discretion, without prior notice to the Sponsor. Such changes may include, but are not limited to, changes to the date, time, venue, agenda, and speakers for the Event.

6). NO GUARANTEES AND WARRANTIES

All services of Golden Tree are provided on an “As Is” and “As Available” basis without warranty, representation, or guarantee of any kind whatsoever, either express or implied. Golden Tree does not warrant that the Agreement will result in the benefit of the Sponsor in any manner in terms of including without limits, sales, increase in sales, acquiring leads, etc.

In the event of any claims, disputes, or liabilities arising under or in connection with the event organized by Golden Tree, the total liability of Golden Tree, whether in contract, tort (including negligence), or otherwise, shall be limited to the maximum amount paid by the claimant to Golden Tree for participation in the event.

The footfall figures referenced in marketing materials, including but not limited to websites, proposals, emails, and social media platforms, are provided solely as estimates. These figures are indicative in nature and are not intended to constitute a warranty or guarantee of actual footfall or engagement. Variations in actual results may occur due to factors beyond reasonable control.

7). REFUNDS

The Sponsor acknowledges and agrees that all payments made under this Agreement are non-refundable. Golden Tree shall have no obligation to provide a refund to the Sponsor in any circumstances whatsoever, including, without limitation, in the event of cancellation or postponement of the Event, or if the Sponsor is unable to attend the Event for any reason. In the event that any of the Sponsorship Benefits are not provided to the Sponsor for any reason, Golden Tree shall use commercially reasonable endeavors to provide substitute benefits of equivalent value to the Sponsor.

8). LIMITATION OF LIABILITY

In no event shall Golden Tree or any of its Directors, Employees or Other Representatives be responsible for any special, incidental, indirect, or consequential damages of any kind. Sponsor shall assume full responsibility for the overall effectiveness and efficiency of the operating environment in which its network and equipment is to function.

9). INDEMNIFICATION

Sponsor hereby agrees to indemnify and defend at its sole expense Golden Tree, its employees, agents, representatives, directors, and shareholders, from and against any and all claims arising out of or based upon Sponsor use of all services, software or hardware provided or serviced hereunder. In addition, Sponsor agrees to pay any judgment and costs associated with such claim.

10). TERMINATION

Sponsor party may terminate this Agreement, with or without cause, upon the giving of fifteen (15) days advanced written notice to Golden Tree. Either party may terminate this Agreement immediately upon written notice to the other party of such other party substantially breaches its obligation set forth in this Agreement. All obligations of the parties shall remain in effective until the effective date of any termination.

11). NON-DISCLOSURE OBLIGATION

Golden Tree shall regard any and all information it receives which in any way relates or pertains to said Sponsor, including its customers, consumers, or employees as confidential. Golden Tree shall take commercially reasonable steps to not disclose, reveal, copy, sell, transfer, assign, or distribute any part or parts of such information in any form, to any person or entity. Sponsor also acknowledges that all information and services, consulting techniques, proposals, and documents disclosed by Golden Tree, or which comes to its attention during the course of business and provided under this Agreement constitute valuable assets of, and confidential and/or proprietary to Golden Tree. This provision shall survive termination of this Agreement.

12). MISCELLANEOUS

12.1). Entire Agreement: This Agreement shall constitute the entire agreement between the Parties.

12.2). Governing law: This Agreement shall be construed and enforced according to the laws of Dubai.

12.3). Successors and Assigns: This Agreement shall be binding on and inure to the benefit of the parties hereto.

12.4). Headings: The headings in this Agreement are for convenience only.

12.5). Severability: If any term of this Agreement is held by a court of competent jurisdiction to be invalid or unenforceable, then this Agreement, including all of the remaining terms, will remain in full force and effect.

12.6). Notices: Any notice or other communication to be given or sent hereunder shall be left or sent by email or prepaid registered post to the Party concerned.

12.7). No partnership: Nothing contained or implied in this Agreement shall constitute or be deemed to constitute a partnership.

12.8). No Rule of Construction: Unless prohibited by law, no rule of construction applies to the disadvantage of the Party responsible for the preparation of this Agreement.

12.9). Amendment: This Agreement shall not be varied, amended or cancelled unless such variation, amendment or cancellation has been expressly agreed to in writing by the Parties.

12.10). Survival: All provisions that logically ought to survive termination of this Agreement shall survive.

12.11). Waiver: No delay or failure by any of the Parties to exercise or enforce at any time any right or provision of this Agreement shall be considered a waiver thereof unless made in writing.

12.12). Electronic Signatures/ Counterparts: This Agreement may be executed in one or more counterparts.

12.13). Taxes: The Parties shall bear their respective taxes applicable to them which may arise by virtue of this Agreement.

IN WITNESS WHEREOF the undersigned have executed this Agreement as of the day and year first written above.  The parties hereto agree that facsimile signatures shall be as effective as if originals.