CONTRACTS
Not the most exciting, but the most necessary
2 TYPES OF CONTRACTS
2 TYPES OF CONTRACTS


•University   Contract
2 TYPES OF CONTRACTS


•University   Contract
•Company/Performer       Contract
MOST OFTEN SEEN
MOST OFTEN SEEN
•Catering
MOST OFTEN SEEN
•Catering

•Hotel
MOST OFTEN SEEN
•Catering

•Hotel

•Performance
MOST OFTEN SEEN
•Catering

•Hotel

•Performance

•Service
MOST OFTEN SEEN
•Catering

•Hotel

•Performance

•Service

•Agency    - Performer + Speaker
WHO IS INVOLVED?
WHO IS INVOLVED?
• Event   organizerstudent leader
WHO IS INVOLVED?
• Event   organizerstudent leader
• Advisor
WHO IS INVOLVED?
• Event    organizerstudent leader
• Advisor

• SIL   Staff
WHO IS INVOLVED?
• Event    organizerstudent leader
• Advisor

• SIL   Staff
• As    Necessary:
 • General      Counsel
 • Insurance Administrator
MUST have a contract for any
goods, services or performances
 where money is transferred or
        liability may arise
THINGS TO REMEMBER
THINGS TO REMEMBER

• Contracts   are binding, legal documents
THINGS TO REMEMBER

• Contracts    are binding, legal documents
• Negotiate!   Find the best price
THINGS TO REMEMBER

• Contracts    are binding, legal documents
• Negotiate!   Find the best price
• Read   EVERYTHING within the contract
THINGS TO REMEMBER

• Contracts    are binding, legal documents
• Negotiate!   Find the best price
• Read   EVERYTHING within the contract
• Review   contract with advisor
VENDOR CONTRACT REVIEW
KEY CONTRACT INFO
KEY CONTRACT INFO
• W9   form completed by vendor and submitted with contract
KEY CONTRACT INFO
• W9   form completed by vendor and submitted with contract

• Vendor   can’t use University name, logos, etc. for promos
KEY CONTRACT INFO
• W9   form completed by vendor and submitted with contract

• Vendor   can’t use University name, logos, etc. for promos

• “Hold   Harmless” and Indemnification
KEY CONTRACT INFO
• W9   form completed by vendor and submitted with contract

• Vendor      can’t use University name, logos, etc. for promos

• “Hold   Harmless” and Indemnification

• Liability   and Insurance
KEY CONTRACT INFO
• W9   form completed by vendor and submitted with contract

• Vendor      can’t use University name, logos, etc. for promos

• “Hold   Harmless” and Indemnification

• Liability   and Insurance

• Students     CAN’T sign contracts
KEY CONTRACT INFO
• W9   form completed by vendor and submitted with contract

• Vendor      can’t use University name, logos, etc. for promos

• “Hold   Harmless” and Indemnification

• Liability   and Insurance

• Students     CAN’T sign contracts

• Vendors      sign first, SIL signs second
PERFORMER CONTRACTS
PERFORMER CONTRACTS
• Completely   different process
PERFORMER CONTRACTS
• Completely   different process
• Some   require offer letter first
PERFORMER CONTRACTS
• Completely   different process
• Some   require offer letter first
• 2%   Missouri tax on out of state performers
PERFORMER CONTRACTS
• Completely    different process
• Some    require offer letter first
• 2%   Missouri tax on out of state performers
• Will   require physical markups
PERFORMER CONTRACTS
• Completely    different process
• Some    require offer letter first
• 2%   Missouri tax on out of state performers
• Will   require physical markups
• Further   costs will be incurred
PERFORMER CONTRACTS
• Completely    different process
• Some    require offer letter first
• 2%   Missouri tax on out of state performers
• Will   require physical markups
• Further   costs will be incurred
• Process   timeline is extended
Student presenting
contracts needs to be
 lead event planner.
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   @WUGetInvolved

       DUC 250

Contracts