Here is a few exerpts of a sample “partnership” contract from the NBA Properties (NBAP)
1. ETHICAL STANDARDS
Product Suppliers shall conduct their businesses in accordance with the
highest standards of ethical behavior.
2. COMPLIANCE WITH APPLICABLE LAWS
Product Suppliers shall comply with all applicable laws and regulations of
the countries, states and localities in which they operate.
3. EMPLOYMENT PRACTICES
NBAP will only do business with Product Suppliers whose employees are
appropriately compensated, present at work voluntarily, not at undue risk
of physical harm and not exploited in any way. In addition, Product
Suppliers must comply with the following specific standards:
o Wages and Benefits: Product Suppliers shall provide wages, overtime
compensation and benefits at not less than the minimum levels required
by applicable laws and regulations or the prevailing local industry levels, if higher.
on and on and on…........................
I’m wondering how Cieaura even entered into a contract with the NBA. Did they not check them out first?
I’m also wondering if someone was able to inform the NBA on how the NFL was sued over a similar bracelet, and what kind of company they really “partnered” with,.......would they enforce this part of the contract? :
(f) Revocation of Approval: In the event that: (i) the quality, appearance
or style of any Licensed Product previously approved by NBAP ceases to
be acceptable to NBAP because of a material change in the quality,
appearance or style of the Licensed Product, (ii) LICENSEE uses the
Licensed Marks improperly or violates any material term of this
Paragraph 12 or (iii) there is an event or occurrence relating to any
player depicted in a Licensed Product which, in the good faith opinion
of NBAP, defames or brings into disrepute, or reflects unfavorably
upon NBAP, the NBA or any of its Member Teams, then, in any such
event, NBAP shall have the right, in its sole discretion, to withdraw
its approval of such Licensed Product.
7. FAILURE TO COMPLY
NBAP reserves the right, in addition to all other legal and contractual rights,
to terminate its relationship with any Product Supplier found to be in violation
of this Code.