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Today's video discusses how to create a sponsorship agreement and the five key elements to include in every contract. Chris Bale from the sponsorship collective emphasizes the importance of consulting with a lawyer before finalizing any agreement with sponsors, especially in the case of sponsorship agreements. It is essential to involve legal counsel to ensure that the contract is legally binding and protects both parties. Sponsorship is a vital marketing discipline, and proper legal guidance is crucial when engaging with sponsors.
