By submitting a Fundraiser Request, Powerhouse Fundraising and Organization identified enter into the following Fundraiser Agreement for the purpose of providing a Fundraising Program designed to facilitate the Organization’s fundraising efforts.
Powerhouse agrees to:
1. Provide program materials, envelopes, order forms, and pay for production and printing costs.
2. Obtain necessary merchant discounts for the discount product.
3. Use its best efforts to assist the Organization with its fundraising efforts.
4. To train and provide the Organization with proper materials to conduct the fundraiser.
School/Organization agrees to:
1. Allow Powerhouse to operate the designated fundraising program within their School or Organization. The Organization will use their best efforts to sell the product provided at the specified price.
2. Retain any funds raised collected by organization until the last day of the fundraiser, at which time the Organization will pay all amounts collected from the sale of the product minus the Organization’s profit percentage.
3. The Organization confirms that it is not under a contractual obligation to participate in a competing non-Powerhouse program for the fundraising product that the Organization is purchasing from Powerhouse.
4. The Organization agrees to return to Powerhouse all unsold or unused fundraising product at the conclusion of the program.
5. The Organization agrees that Powerhouse may engage in fundraising activities with other organizations at the same time and with the same merchants, products, and programs. Powerhouse may distribute fundraising products to other groups to recoup costs after above agreements have been fulfilled or in the event that the program is not carried out.
Duration, Term, and Termination:
1. Powerhouse and the Organization agree that Powerhouse Fundraising shall be the exclusive provider for the fundraising term listed above.
2. If, for any reason, the Organization cannot perform the fundraiser, the Organization will reimburse Powerhouse for production costs using the following calculations: 25% X Units Ordered X Price/Unit. Organization agrees that this reflects costs associated with the fundraising program and it is a reasonable approximation of actual damages to Powerhouse.