Agreement Regarding
Contribution to Support <Insert Brief Description
at Carnegie Mellon University
I. INTRODUCTION
The purpose of this Agreement is to summarize the mutual understanding of Insert Company Name, a Insert Company Type having a principal place of business located at Insert Company Primary Address (the “Company”), and Carnegie Mellon University, a Pennsylvania non-profit corporation having a principal place of business located at 5000 Forbes Avenue, Pittsburgh, PA 15213 (the “University”), regarding the Company’s contribution to the University, described below.
II. THE CONTRIBUTION
The Company agrees to make a contribution of $<Insert Amount> to the University.
[For one-time gift] The foregoing contribution shall be paid by the Company to the University by <Insert Month DD, YYYY>.
[For multi-year pledge, up to five years] The foregoing contribution shall be paid by the Company to the University in installments according to the following schedule:
$<Insert Amount> by <Insert Month DD, YYYY>
$<Insert Amount> by <Insert Month DD, YYYY>
$<Insert Amount> by <Insert Month DD, YYYY>
$<Insert Amount> by <Insert Month DD, YYYY>
$<Insert Amount> by <Insert Month DD, YYYY>
[Or alternatively; for rare circumstances] The foregoing contribution shall be paid by the Company to the University by <Insert Month DD, YYYY>, with payment times and amounts at the discretion of the Company.
Unless otherwise agreed by the parties, the contribution shall be paid by the Company via wire transfer to the following account of the University on or before the date(s) indicated:
Bank Name: Bank of New York Mellon
Address: Bank of New York Mellon Client Service Center
500 Ross Street
Pittsburgh, PA 15262-0001
Beneficiary: Carnegie Mellon University
Account Name: Cash Management Account
Account No.: 1979003
ABA Routing No.: 043000261
SWIFT Code: IRVTUS3N
Reference: <Insert Contribution Reference
III. USE OF CONTRIBUTION
The University will use the contribution to support the University’s <Insert Description of Area of Support. It is understood and agreed, however, that the contribution, as and when received, may be invested by the University as it shall determine, pending the contribution’s application to the use(s) described herein.
IV. RECOGNITION
The University will recognize the Company as a donor of the University <Insert in the College, School, Department, Program, etc. that will recognize the Company’s contribution <Insert Description of Manner of Recognition and Timeframe the Recognition Will Occur. The University may use the Company’s name, logos and/or trademarks, and contribution amount/range in various publications, press releases, and publicity vehicles that reference University donors and/or sponsors. The Company authorizes the University to use its name and logos and/or trademarks for the foregoing purposes. The Company may terminate the University’s right to use its name and logos and/or trademarks at its sole discretion, and the University <Insert (including the College, School, Department, Program, etc. that will recognize the Company’s contribution) will cease any such use within a reasonable period of time under the circumstances following the University’s receipt of notice of termination from the Company.
The Company may use the University’s name and trademark/logo in connection with the Company’s mention of its financial support of the <Insert Description of Area of Support in various publications, press releases, and publicity vehicles if and to the extent such use does not state or imply that the University endorses the Company or its products or services.
V. NOTICES
Any notice to the other party under this Agreement must be in writing, signed by the party giving it, and provided either personally, by registered or certified mail (with return receipt requested), by email and/or reputable overnight courier with tracking capabilities (such as, for example, UPS or FedEx) to the appropriate address listed below. Either party may update its contact information by providing written notice to the other party as required by this Section V.
Company:Attn: <Insert Name
<Insert Title
<Insert Company Name
<Insert Address
<Insert Address
Tel.: <Insert Number XXX-XXX-XXXX
Email: <Insert Email Address / University:
Attn: <Insert Name
<Insert Title
Carnegie Mellon University
5000 Forbes Avenue
Pittsburgh, PA 15213
Tel.: <Insert Number 412-XXX-XXXX
Email: <Insert Email Address
VI. MISCELLANEOUS
The Company recognizes that the University is relying on the Company’s agreement to make the contribution specified herein and may authorize expenses in anticipation of the receipt of the Company’s contribution. Therefore, the Company acknowledges that Company’s agreement to make the contribution identified herein, including any unpaid installment of the contribution, shall constitute the Company’s binding obligation.
The University represents that it is qualified as a charitable organization under Section 501(c)(3) of the U.S. Internal Revenue Code. The University’s Federal Tax Identification number is 25-0969449.
This Agreement constitutes the entire agreement and understanding between the Company and the University concerning the subject matter of this Agreement and supersedes all prior agreements and understandings, whether written or oral, between the Company and the University concerning that subject matter.
The Company and the University agree that this Agreement shall be governed by the laws of the Commonwealth of Pennsylvania.
VII. SIGNATURES
The Company and the University, intending to be legally bound, hereby sign this Agreement, effective as of the date that it is fully executed, as set forth below:
For Company: / For University:<Insert Name of Company Rep. Date
<Insert Title> /
Scott M. Mory Date
Vice President for
University Advancement
<Insert Dean/Other Signer Name> Date
<Insert Dean/Other Title>
<Insert Dean/Other College/Division/Office>
[Insert second signature line, as appropriate]
Contribution Agreement for <Insert Company Name Page 1 of 3