Nil Contract Template

Name, Image, And Likeness (Nil) Agreement Is In Editable, Printable Format.

Contracts involving name, image, and likeness (nil) are formal agreements that connect collegiate athletes with external entities like apparel brands or marketing firms. The agreement outlines the terms of the endorsement, including payment, duration, and promotional activities. As part of bodman’s ongoing series about ncaa nil regulations, below is an introductory checklist for every sa and employer to consider when creating a nil endorsement deal. Accordingly, the parties agree as follows:

Although Every Contract Is Unique, These Five Features Will Be Generally Universal To Your Nil Agreement.

This type of agreement allows college athletes to capitalize on their name, image, and likeness (nil) rights, which are a form of intellectual property. Easily fill out pdf blank, edit, and sign them. This nil contract template (agreement) is intended to serve as a guide for individuals seeking to enter into agreements for the commercial use of their name, image, and likeness. For frazier, the partnership with celestial seasonings was simple.

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You are encouraged to consult with legal counsel or a service provider about what terms and. This agreement provides for the employment of a college freshman, as a brand ambassador, who could represent zike for the duration of his or her intercollegiate athletics career. Below are sample contract terms and provisions that you may want to review, consider, and understand as you engage in nil services. Customize and download this name, image, and likeness (nil) agreement.

This Is The “Who Of The Endorsement Deal.

Save or instantly send your ready documents. Complete nil agreement template online with us legal forms. But some deals are more complex.