Ben Hogan Golf Equipment Company, LLC Ambassador Agreement This Agreement made by and between Ben Hogan Golf Equipment Company, LLC (Ben Hogan) of 685 John B. Sias Memorial Parkway, Suite 515, Fort Worth, TX 76134, and _______________________________________________ (“Ambassador Professional”), a golf professional and/or golf equipment retail specialist, who resides at ___________________________________________________________________________________________________________________. WHEREAS, Ben Hogan is engaged in the manufacture and sale of golf equipment and desires to create a network of knowledgeable brand advocates who are in a position to influence sales of Ben Hogan golf products, and WHEREAS, Ambassador Professional is engaged with golfers in a position of influence as a result of his/her position as _________________________________, at _____________________________________________________________ (facility). The parties hereby enter into this Ambassador Professional Agreement as follows: 1. Ben Hogan will provide Ambassador Professional with Ben Hogan golf equipment as itemized below from the current product lines, built to his/her personal specifications for his/her own personal use. a. ______ Staff Ambassador. Ben Hogan will provide the Staff Ambassador professional up to 8 (eight) clubs (includes 3 TK wedges), stand bag, and up to 3 (three) Ben Hogan caps for personal use, or b. ______ Master Ambassador. Ben Hogan will provide the Master Ambassador professional up to 11 (eleven) Ben Hogan clubs (includes 3 TK wedges) and staff or stand bag, and up to 3 (three) Ben Hogan caps for personal use. 2. Ben Hogan will provide the Ambassador Professional with educational and sales support materials, as they are available to assist the Ambassador Professional with product knowledge and the dissemination of information regarding Ben Hogan golf products. 3. Ambassador Professional will become knowledgeable of the features and benefits of Ben Hogan branded products and will be able to communicate such to golfers with whom he/she comes into contact. 4. Ambassador Professional will exercise his/her best efforts to promote the Ben Hogan brand whenever appropriate and/or possible. The Ambassador Professional will plan, promote and execute as many events as is reasonably feasible in the calendar year. 5. Ambassador Professional will schedule and conduct a minimum number of member/customer events per season, where the Ambassador Professional will actively engage members/golfers with clinics, contests or other events to generate interest and exposure of the Ben Hogan product line. Ambassador Professional will document member/golfer participation and submit an itinerary of events along with contact information from participants. OWNERSHIP OF PRODUCT Ben Hogan Ambassador products will be provided to the Ambassador Professional at no charge for their own personal use contingent on the Ambassador’s authorized account achieving “Preferred Pricing” status for the calendar year. Selling these products without written consent from Ben Hogan Golf Equipment will result in a violation of this Ambassador Agreement. Should the Ambassador Professional decide to discontinue use of the Ben Hogan products provided, he/she must notify Ben Hogan Golf Equipment and ensure their safe and proper return. When the Authorized Dealer exceeds the required minimum gross purchases ($4,000.00 for Full Ambassador; $2,000 for Wedge Ambassador) in the current calendar year, product ownership will be transferred to the Authorized Dealer and/or Ambassador Professional.
TERM AND TERMINATION The term of this Agreement shall be for one (1) calendar year beginning on the Effective Date of the Ambassador Agreement, unless the Agreement is terminated earlier by Ben Hogan Golf Equipment Company for just cause. Either Party shall notify the other at least thirty (30) days prior to the termination of the Agreement.
Ben Hogan Golf Equipment Company, LLC Ambassador Agreement Page 2 This Agreement is effective as of (date) ____________________________________________ Ben Hogan Golf Equipment Company, LLC Name
____________________________________________
Signature ___________________________________________ Title
____________________________________________
Manager Approval_____________________________________
Authorized Dealer Name
____________________________________________
Signature ___________________________________________ Title
____________________________________________
Facility ____________________________________________
Ambassador Professional Name
____________________________________________
Signature ___________________________________________ Title
____________________________________________
____________________________________________
PGA/LPGA Membership # _______________________________ PGA/LPGA Classification _______________________________ Telephone
_________________________
Trade Account Number ___________________
Awards and Recognitions: Chapter / Section / National
________________________________________________________________ ________________________________________________________________ ________________________________________________________________ ________________________________________________________________