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EVENTS SERVICES AGREEMENTEVENT SERVICES AGREEMENT Clearwater Turkey Trot 2026 — 2028 This Event Services Agreement ("Agreement") is entered into this 20 day of May , 2026 ("Effective Date") by and between BEST DAMN EVENTS, LLC, a Florida corporation, having a principal business address at 10420 66th St. N Unit 3, Pinellas Park, FL 33782. ("BDE"), and the CITY OF CLEARWATER, a Florida Municipality, having its principal business address 100 S. Myrtle Ave Clearwater, FL 33756 ("City") and together with BDE, the "Parties," and each, a "Party"). WHEREAS, The City is the owner of the Clearwater Turkey Trot ("Event"); WHEREAS, The City desires to utilize BDE's race production event services to organize, promote, and conduct the Event and BDE agrees to provide such services to the City for the Event under the Event Services Agreement (defined below) terms contained herein; NOW THEREFORE, for good and valuable consideration, the adequacy and sufficiency of which is hereby acknowledged, the Parties mutually agree to enter into this Agreement as follows: 1. Term of Agreement. This Agreement and the provisions hereof shall be in full force and effect for the term of the Effective Date through November 30, 2028 unless terminated earlier pursuant to this Agreement or extended as mutually agreed upon by the parties in writing (the "Term"). 2. Compensation. In consideration of the production of the Clearwater Turkey Trot. Hereunder, the City agrees to pay to BDE during the Term of this Agreement an annual event services fee ("Event Services Fee") in the amounts recited in Attachment A attached hereto by the due date set forth therein. 3. Termination. The following termination rights are in addition to the termination rights that may be provided elsewhere in this Agreement: a. BDE shall have the right to terminate this Agreement by giving written notice to City in the event that City does any of the following: (i) fails to make timely payment of the Event Services Fee (if applicable) when due. b. This Agreement may be terminated by either Party upon thirty (30) days prior written notice to the other Party in the event of a breach of a material provision of this Agreement by the other Party, which notice shall include a reasonable description of such breach, provided that, during such thirty (30) day period, the breaching Party fails to cure such breach. c. In the event this Agreement is terminated for any reason prior to completion of an Event or prior to final reconciliation of Event revenues, all Gross Revenue collected in connection with the Event, less any approved reimbursable expenses incurred prior to the effective date of termination and any undisputed earned fees due to BDE under this Agreement, shall remain the property of the City and shall be remitted to the City within fourteen (14) calendar days following the effective date of termination. BDE shall provide the City with a final accounting of all revenues collected and expenses incurred through the date of termination, including supporting backup documentation reasonably acceptable to the City. Any disputed charges or expenses shall not delay the remittance of undisputed funds to the City. Page 1 of 9 BDE Initials: N� City Initials: 4. Force Majeure. In the event either Party is prevented from performing any of the obligations or duties required under this Agreement by reason of any event outside of such Party's control, including, without limitation, labor disputes, fire, weather, volcano, explosion, flood, epidemic, acts of God, war or other hostilities, strike, civil commotion, domestic or foreign governmental act, orders or regulations ("Force Majeure Event"), then the obligations or duties of such Party during the period of such Force Majeure Event, and for a reasonable time thereafter shall be suspended. If, due to a Force Majeure Event, the Event is canceled and cannot reasonably be rescheduled 'or the Event is not held in its entirety, then the City shall not be deemed to be in breach of this Agreement. 5. Notices. All notices, requests, demands, and other communications required or permitted hereunder shall be in writing and shall be deemed to have been duly given if delivered by e-mail (with electronic read receipt for delivery proof), hand delivered, by certified or registered mail, or by overnight delivery service: If to BDE: Best Damn Events 10420 66th St. N Unit 3 Pinellas Park, FL 33782 Attention: Nick Zivolich - CEO nick@bestdamnevents.com If to City: City of Clearwater Kris Koch 100 S. Myrtle Ave Clearwater, FL 33756 kris.koch@MyClearwater.com 6. Indemnification. Notwithstanding any insurance carried by either Party pursuant to this Agreement or otherwise, each Party shall indemnify, defend, and hold the other Party harmless from all claims, loss, damage or injury of any kind or character (including, without limitation, legal fees and costs of defense) to any person or property arising from the performance of all terms and responsibilities under this Agreement by the indemnifying Party, its agent, or employees, or caused by or arising from any act or omission of the indemnifying Party, its agents, or employees. 7. No Warranties. Except as specifically provided in this Agreement, neither Party makes any representation, warranty, or guarantee upon which the other Party hereto may rely. Neither Party assumes any liability or obligation to the other Party by providing (or denying) any waiver, approval, agreement, or suggestion to the other Party in connection with this Agreement. Notwithstanding the intention of the Parties that neither BDE nor the City is obligated to grant any waiver or approval under the provisions of this Agreement or under applicable law, if an obligation to grant any waiver or approval exists or in the future should exist under applicable law, the sole remedy for the breach of any such obligation shall be to seek specific performance of such obligation by a court of competent jurisdiction and BDE or the City, as the case may be, shall have no liability for damages or other monetary relief. Page 2 of 9 BDE Initials: City Initials: 8. Limitation of Liability. Notwithstanding anything else in this Agreement or otherwise, in no event will either Party be liable to the other or any other person or entity with respect to any subject matter of this Agreement (including, without limitation, with respect to the license or any other rights granted by either Party under this Agreement) under any contract, negligence, strict liability or other legal or equitable theory for any (i) indirect, incidental, special or consequential damages, (ii) lost profits, lost business or lost savings, (iii) interruption of business, or (iv) loss of goodwill. The foregoing limitation applies regardless of whether the remedies provided for in this Agreement fail of their essential purpose and even if either Party has been advised of the possibility or probability of any such damages. 9. Insurance. See Attachment B. 10. Headings. The section headings included in this Agreement are for convenience of reference only and shall not affect or be utilized in construing or interpreting this Agreement. 11. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument. 12. Agency and Revenue Facilitation Clause a. Designation of Roles: The City of Clearwater ("City") is the sole owner and Principal of the Clearwater Turkey Trot. Best Damn Events, LLC ("BDE") is contracted strictly as a facilitator and contractor to provide production and registration management services. b. Revenue Collection and Fiduciary Duty: All registration fees, donations, and associated event proceeds (collectively, "Gross Revenue") processed through the RunSignup platform are the exclusive property of the City from the moment of collection. Contractor (BDE) shall hold these funds in a dedicated, segregated bank account in a fiduciary capacity for the benefit of the City. c. Constructive Trust: At no time shall Gross Revenue be considered income, assets, or property of Best Damn Events, LLC (BDE). Contractor (BDE) acts merely as a conduit for the movement of funds from the registration platform to the City. d. Compensation and Tax Reporting: Contractor's sole taxable income from this event is the fixed facilitation fee of $38,750. e. 1099-K Reporting: For tax purposes, the City's Federal Employer Identification Number (EIN) shall be associated with the RunSignup payment account to ensure that any Form 1099-K issued by the merchant processor is directed to the City as the Principal. (If RunSignup will not allow this, then we will use the Best Damn Events, LLC EIN) f. Contractor Reporting: Contractor will report only the $38,750 fee as gross receipts on its federal and state tax returns. g. Post -Event Reconciliation: Within 14 days following the conclusion of the event, Contractor (BDE) shall provide a full accounting of all Gross Revenue. The Contractor (BDE) is authorized to deduct its fixed fee of $38,750, plus any pre -approved (in writing) expenses, from the dedicated account, after which the remaining balance shall be remitted to the City by check or ACH transfer. Contract will supply backup documentation for all pre -approved expenditures. Page 3 of 9 BDE Initials: City Initials: IN WITNESS WHEREOF, the Parties hereto have caused this Agreement and the attachments that are herein incorporated, to be executed by their respective duly authorized officers, intending to be legally bound hereby, as of the Effective Date. BEST DAMN EVENTS, LLC By: Nick Zivolich CEO, BDE Date Signed: 5/20/26 CITY OF CLEARWATER By: Jennifer Poirrier City Manager Date Signed: 51 aal a..(p Page 4 of 9 BDE Initials: City Initials: ATTACHMENT A Event Services Terms Subject to the terms and conditions set forth in the attached Agreement and in this Exhibit, the Parties agree to the following terms and conditions with regard to the Event services to be provided by BDE to City for the Event. BDE Obligations in Providing Event Services to the City 1. Event Management: This flat fee covers all pre -event planning, municipal coordination, site visits, and the professional services of our core leadership team. Total Management Fee: $10,000 2. Operational Infrastructure & Equipment: Includes the use and deployment of BDE's locally staged inventory. Any equipment that BDE has at its disposal will be available for use. a. Course Assets: (cones, mile markers, and directional signage) i. Includes Aid Stations (Water, Cups, Coolers, Trash Cans, Bags, Rakes, Aid Kits). b. Finish Line & Festival Assets: (Start/Finish trusses, barricades, sound systems, weights, coolers, and more). Total Equipment Fee: $10,000 3. Registration Coordination & Athlete Services: a. Registration Management: Oversight of athlete data and packet pickup logistics. b. Athlete Services: Freshdesk Ticket System for Athlete emails Total Registration & Athlete Services Fee: $5,000. 4. Specialized Labor & Crew: Covers the event crew required to manage course safety and site infrastructure. a. BDE Professional Event Crew i. 2-3 Course Crew ii. 5-6 Site Crew iii. 2 Registration Crew iv. 1 Emcee v. Includes: Registration Coordinator, Race Director Total Crew Fee: $7,500. 5. Timing Services: Covers the timing services & chips needed for the competitive 5K event up to 2,500* athletes. Because we have not yet determined how many participants we will time, we will include this as the base timing fee in the Annual Base Fee. Total Fee: $6,250 for the first 2,500 chip -timed participants. + $2.50 per participant timed >2,500 a. BDE will work with the City to mutually agree upon what equipment is necessary to produce and manage a successful event. BDE and the City will determine any event -related expenses that must be provided by the the City, including but not limited to traffic and MOT plans, heavy equipment, tent rentals, etc. b. Unless otherwise specified herein, all employees and representatives of BDE providing the event services hereunder to the City during the Term shall be deemed for all purposes (including Page 5 of 9 BDE Initials: City Initials: compensation and employee benefits) to be employees or representatives solely of BDE and not to be employees or representatives of the City or to be independent contractors thereof. In performing their respective duties hereunder, all such employees or representatives of BDE shall be under the direction, control and supervision of BDE and BDE shall have the sole right to exercise all authority with respect to the employment (including termination of employment), assignment and compensation of such employees and/or representatives, subject to compliance with the terms and provisions contained in this Agreement including, without limitation, the provision of the event services by BDE. 6. City Obligations to BDE: The City agrees to comply with the following undertakings and obligations in its performance under this Agreement and as provided within this Exhibit; the failure of which to comply with any one undertaking or obligation should constitute a material breach of this Agreement. 7. Event Services Fee — The City shall pay BDE an Event Services Fee in the amount stated below: a. 2026 Event $38,750 + approved expenses* *Will be deducted from the registration revenue from the 2026 Event b. 2027 Event $38,750 + approved expenses* *Will be deducted from the registration revenue from the 2027 Event c. 2028 Event $38,750 + approved expenses* *Will be deducted from the registration revenue from the 2028 Event In the event the event registrations fall short, of the management fee, the City of Clearwater will compensate for the balance. Payments made payable to: Best Damn Events LLC 10420 66th St. N Unit 3 Pinellas Park, FL 33782 Check or ACH is accepted. ( 8. The City shall obtain, at its own expense, all required business registrations, certificates or qualifications to do business in the state of the Event, business licenses, permits, sanctioning fees, and other licenses, permits and other governmental approvals or permissions required to promote and conduct the Event in the state, county, city and/or municipality where the Event will take place. 9. The City and BDE shall comply with all local, state and federal laws and regulations applicable to the organization, promotion and occurrence of the Event. The City shall make all appropriate filings of forms or other documents required by federal, state or local laws in connection with the Event. The City shall be solely responsible for compliance with any and all federal, state or other tax information reporting and withholding obligations (including, but not limited to, Federal Form 1099) with respect to the prize monies or other amounts payable with respect to the Event. 10. The City shall provide for promotion and public relations coordination, advertising coordination, and shall be responsible for securing sponsorships for the Event. Page 6 of 9 BDE Initials: City Initials: 11. The City shall provide sufficient volunteers and workers to assure a well -executed and safe Event and arrange, at its own expense, for necessary local venues and facilities. 12. The City agrees that BDE and the event reserves the right to deny any athlete entry and/or participation in the Event. 13. The City shall use the "Event Registration, Release and Waiver of Liability, and Assumption of Risk and Indemnity Agreement" ("Athlete Agreement and Waiver") to be provided annually by BDE to the City, or a form substantially similar that is valid under the applicable laws that apply to the Event, that is approved by BDE in writing and that lists BDE by name as a party to be discharged, released and indemnified from any and all claims relating to any Event. The Athlete Agreement and Waiver form used by the City must be used in connection with the City's online and onsite registration of athletes for each Event. The City shall keep all Athlete Agreement and Waivers for an Event for at least seven (7) years after the date of such Event. Page 7 of 9 BDE Initials: /I City Initials: (J ATTACHMENT B INSURANCE REQUIREMENTS The Contractor shall, at its own cost and expense, acquire and maintain (and cause any subcontractors, representatives or agents to acquire and maintain) during the term with the City, sufficient insurance to adequately protect the respective interest of the parties. Coverage shall be obtained with a carrier having an AM Best Rating of A -VII or better. In addition, the City has the right to review the Contractor's deductible or self-insured retention and to require that it be reduced or eliminated. Specifically the Contractor must carry the following minimum types and amounts of insurance on an occurrence basis or in the case of coverage that cannot be obtained on an occurrence basis, then coverage can be obtained on a claims -made basis with a minimum three (3) year tail following the termination or expiration of this Agreement: a. Commercial General Liability Insurance coverage, including but not limited to, premises operations, products/completed operations, products liability, contractual liability, advertising injury, personal injury, death, and property damage in the minimum amount of $1,000,000 (one million dollars) per occurrence and $2,000,000 (two million dollars) general aggregate. b. Commercial Automobile Liability Insurance coverage for any owned, non -owned, hired or borrowed automobile is required in the minimum amount of $1,000,000 (one million dollars) combined single limit. c. Professional Liability/Malpractice/Errors or Omissions Insurance coverage appropriate for the type of business engaged in by the Contractor with minimum limits of $1,000,000(one million dollars) per occurrence. If a claims made form of coverage is provided, the retroactive date of coverage shall be no later than the inception date of claims made coverage, unless prior policy was extended indefinitely to cover prior acts. Coverage shall be extended beyond the policy year either by a supplemental extended reporting period (ERP) of as great a duration as available, and with no less coverage and with reinstated aggregate limits, or by requiring that any new policy provide a retroactive date no later than the inception date of claims made coverage. - d. Unless waived by the State of Florida, statutory Workers'- Compensation Insurance coverage in accordance with the laws of the State of Florida, and Employer's Liability Insurance in the minimum amount of $500,000 (one hundred thousand dollars) each employee each accident, $500,000 (one hundred thousand dollars) each employee by disease and $500,000 (five hundred thousand dollars) aggregate by disease with benefits afforded under the laws of the State of Florida. Coverage should include Voluntary Compensation, Jones Act, and U.S. Longshoremen's and Harbor Worker's Act coverage where applicable. Coverage must be applicable to employees, contractors, subcontractors, and volunteers, if any. The above insurance limits may be achieved by a combination of primary and umbrella/excess liability policies. Page 8 of 9 BDE Initials: City Initials: Other Insurance Provisions. a. Prior to the execution of this Agreement, and then annually upon the anniversary date(s) of the insurance policy's renewal date(s) for as long as this Agreement remains in effect, the Contractor will furnish the City with a Certificate of Insurance(s) (using appropriate ACORD certificate, SIGNED by the Issuer, and with applicable endorsements) evidencing all of the coverage set forth above and naming the City as an "Additional Insured." In addition when requested in writing from the City, Contractor will provide the City with certified copies of all applicable policies. The address where such certificates and certified policies shall be sent or delivered is as follows: City of Clearwater Attn: Parks & Recreation Department P.O. Box 4748 Clearwater, FL 33758-4748 b. Contractor shall provide thirty (30) days written notice of any cancellation, non -renewal, termination, material change or reduction in coverage. c. Contractor's insurance as outlined above shall be primary and non-contributory coverage for Contractor's negligence. d. Contractor reserves the right to appoint legal counsel to provide for the Contractor's defense, for any and all claims that may arise related to Agreement, work performed under this Agreement, or to Contractor's equipment, or service. Contractor agrees that the City shall not be liable to reimburse Contractor for any legal fees or costs as a result of Contractor providing its defense as contemplated herein. The stipulated limits of coverage above shall not be construed as a limitation of any potential liability to the City, and failure to request evidence of this insurance shall not be construed as a waiver of Contractor's obligation to provide the insurance coverage specified. INDEMNIFICATION/LIABILITY: a. To the fullest extent permitted by law, Contractor agrees to defend, indemnify, and hold the City, its officers, agents, and employees, harmless from and against any and all liabilities, demands, claims, suits, losses, damages, causes of action, fines or judgments, including costs, attorneys', witnesses', and expert witnesses' fees, and expenses incident thereto, relating to, arising out of, or resulting from: (i) the services provided by Contractor personnel under this Agreement; (ii) any negligent acts, errors, mistakes or omissions by Contractor or Contractor personnel; and (iii) Contractor or Contractor personnel's failure to comply with or fulfill the obligations established by this Agreement. b. Contractor will update the City during the course of the litigation to timely notify the City of any issues that may involve the independent negligence of the City that is not covered by this indemnification. c. The City assumes no liability for actions of Contractor and will not indemnify or hold Contractor or any third party harmless for claims based on this Agreement or use of Contractor -provided supplies or services. Page 9 of 9 BDE Initials: 7 City Initials:. (((JJJ