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HomeMy WebLinkAbout26-136 KeyPoint Sponsorship Agreement for Cupertino Bizwoman Networking LuncheonCUP ERTINO CITY MANAG ER 'S O FFIC E I 408 -777 -3212 I WWW .CUPERTINO .GOV CUPERTINO Website : kpcu .com Compan y: KeyPoint Credit Union Contact Name: Doron Noyman -----=------------Email: dnoyman@kpcu.com Addres s: 10815 N Wolfe Rd #100 City: Cupertino Entity Type: 0 Sole Proprietor State: ~ Zip : 95014 0 Partnership @ NonProfit: (Type: 501 (c)(14) QTrust Phone: 650-814-1790 0 Corporation (Type: _____ ) 0 Other: _____ _ Event Name: Cupertino Bizwomen Networl<ing Luncheon Event Date(s): August 27, 2026 E Vent Description: This quarterly event brings together local busJnesswomen to connect , share resources, and celebrate entrepreneurship in Cupertino. This sponsorship is an opportunity to support the Women's Business Luncheon, with the sponsor purchasing and providing food for the event. 0 Check (Make Payable to: City of Cupertino) 0 Invoice Request 0 Credit Card (will incur a 3.4% non-refundable convenience fee) l. The Sponsor has reviewed and agrees to be bound by those procedures, limitations, and restrictions identified in the City's Sponsorship Policy. 2. All sponsorships greater than $500 must complete the required City of Cupertino Sponsorship Agreement. (Separate Document) 3. The sponsor may not receive exclusive rights to benefits unless approved by the Department Head. 4. Sponsor agrees, to the fullest extent allowed by law, to indemnify, defend, and hold harmless the Qty, and its officers, employees, and agents ("City indemnitees"), from and against any and all causes of action, claims, liabilities, obligations, judgments, or damages, including reasonable legal counsels ' fees and costs of litigation ("cla ims"), arising out of the Sponsorship or Sponsor's performance of this Application and/or Agreement, including the City's active or passive negligence, except for such loss or damage arising from the sole negligence or willful misconduct of the City . In the e vent the City Daniel Degu (Aug 25, 2026 16:14:56 PDT) 4 Daniel Degu Economic Development Manager 08/25/2026 indemnitees are ma d , a party to any action1 law s uit, ur ulh e r adversarial pro cee ding arising from this Sponsorship or Spon or's p •tform a nc' of this ogrcement1 Spunsur shall provid e a d e fe nse to the City indenmitees, or at th, ity 's opt-ion, reimburs e th e lty lnd e mnit ees their costs c,( defense, including reasonable lt::ga l cmmsels' fees, incurred In defense of s uch claims. 'Inis duty ex tend s to any claim for violation of intellectual property rights, including but not limited to copyright or patent rights. S. To the extent applicable, Sponsor is required to compJy with the City's event permitting requirements, including the insurance requirements stated therein. Name: Doron Noyman Title: Vloe President of Business Development and Community Relations CUPERT,INOSlAFf USE ONLY (FOR SPONSORSHIPS NOT REQUIRING A SPONSORSHIP AGREEMENT) Status: [Q)Approved QDenied Reason for Denial: Special Requirements: Reviewed by: Staff Name: __________________ _ Signature: -&2=~---------- Title: ·------------- Date: ____________ _ KeyPoint Sponsorship Application 260827 Final Audit Report 2026-08-25 Created:2026-08-25 By:Andy Schramm (AndyS@cupertino.gov) Status:Signed Transaction ID: CBJCHBCAABAAoCetj8ovn7qc-lnyfQok-mfh9r0ujprv "KeyPoint Sponsorship Application 260827" History Document created by Andy Schramm (AndyS@cupertino.gov) 2026-08-25 - 11:12:56 PM GMT Document emailed to Daniel Degu (DanielDe@cupertino.gov) for signature 2026-08-25 - 11:13:01 PM GMT Email viewed by Daniel Degu (DanielDe@cupertino.gov) 2026-08-25 - 11:13:42 PM GMT Document e-signed by Daniel Degu (DanielDe@cupertino.gov) Signature Date: 2026-08-25 - 11:14:56 PM GMT - Time Source: server - Signature Appearance Selected: DRAW Agreement completed. 2026-08-25 - 11:14:56 PM GMT 6a Adobe Acrobat Sign CITY o, m SPONSORSHIP AGREEMENT CUPERTINO The City of Cupertino is a municipal corporation and is hosting an event on or about August 27, 2026, for which City is accepting sponsorships. Key Point Credit Union desires to sponsor thjs event in accordance wi.th City's sponsorship policy and the sponsorship application. Therefore, City and Sponsor enter into this Sponsorship Agreement as follows: 1. This Sponsorship Agreement is between the City of Cupertino, a municipal corporation ("City"), and KeyPoint Credit Union, 10815 N Wolfe Rd #100, Cupertino, CA 95014 ("Sponsor"), a non-profit, in connection with event being sponsored. 2. Term. This Agreement begins on August 27, 2026, and ends on August 27, 2026, unless extended or terminated in writing. 3. Sponsorship Policy. Sponsor has read the City's sponsorship policy and agrees to comply with the policy. The policy is attached as Attachment A and incorporated herein by reference. 4. Sponsorship Application. City requires Sponsor to submit a sponsorship application. Sponsor has submitted said application and agrees to its requirements. City has approved the application which is included as Attachment B and incorporated herein by reference. Per the Sponsorship Application, Sponsor understands it may not receive exclusive rights to benefits unless approved by the relevant City Department Head or his/her designee ("Department Head"). 5. Coordinators and Primary Contacts. The Parties designate the following persons as Coordinators and Primary Contacts for this Sponsorsh)p Agreement. Sponsor's designation and any substitution are subject to City approval. For Sponsor: Name: Daron Nayman Position: Vice President of Business Development and Community Relations Contact: dnovman@kpcu.com For City: Name: Daniel Degu Position: Economic Development Manager Contact: danielde®cupertino.gov Rev . 03.19.25 CITYOI' m SPONSORSHIP AGREEMENT CUPERTINO 6. Marketing. ln accordance with the Sponsorship Policy, Sponsor may not use City 's logo in any way without the writte n p e rmission of the Department H ead and approval from the City's Public Information Office r. If permlsslon is granted, all materials must be reviewed and approved in writing by the Department Head. Sponsor will provide its logo within 30 days prior to the even.t(s) in AI, EPS, PDF or High-Resolution JPEG format. It is understood and agreed that City has permission to use Sponsor's logo on printed material and other marketing materials related to the events and programs being sponsored. Any publicity generated by Sponsor related to the sponsored event must reference the City. The words "City of Cupertino" shall be displayed in all pieces of publicity, including flyers, press releases, posters, brochures, public service announcements, interviews and newspaper articles. No signs may be posted, exhibited or displayed on or abou t City property, except signage required by law or under this Sponsorship Agreement without prior written approval from City. 7. Display Booth. If the sponsorship involves a display booth, Sponsor authorizes City to inspect Sponsor's display booth at any time prior to or during an event. Restrictions on items Sponsor may distribute at an event will be provided prior to the event. Sponsor may distribute only their own organization's materials and may not distribute materials for any other organization. Any request to share or give the booth to another organization must be approved in writing by the Department Head prior to the event. 8. Indemnification. Sponsor agrees to indemnify and hold harmless the City and its officers, officials, employees, agents and volunteers against any and all suits, claims, damages, liabilities, costs and expenses, including attorney fees, arising out of this Agreement, caused by or related to the negligence, recklessness, or willful misconduct of Sponsor, its employees, subcontractors, or agents. This includes any claim or liability for copyright infringement, patent rights, or violation of intellectual property rights. 9. Insurance Requirements and Waivers. a . Sponsors with a physical presence in the form of a demonstration or a booth at the event shall comply with the insurance requirements set forth in this Section 9. Insurance certificates and endorsements evidencing the type, amount, and dates of coverage are to be received and approved by City prior to the sponsored event. i. Commercial General Liability: Insurance covering on an "occurrence" basis, including property damage, bodily injury and Rev. 03. 19.25 j CITY Of m SPONSORSHIP AGREEMENT CUPERTINO personal & advertising Injury with limHs no less than $1,000,000 per occurrence. General liability insurance is not required if sponsor will have a physical presence at the event or program ( e.g., booth or table) !z.m limits its activities to one or more of the following: 1. Providing information verbally and/or on paper 2. Giving away small, low-value items (e.g., kei; chains, pens) ii. Automobile Liability: Insurance with limits no less than $1,000,000 per accident for bodily injury and property damage is required if automobile is used to perform Sponsor activities. b. All Sponsor participants that will have a physical presence at the event are required to sign a liability waiver. 10. Ownership of Materials. To the extent Sponsor prepares written material, drawings or data in connection with this Sponsorship Agreement, City, will have property rights to those materials unless otherwise agreed to by the Parties. 11. Cancellation of Events or Program. City retains full control over the program, event or service covered by this Agreement. City reserves the right to cancel the program or event at any time. If the event is cancelled, City will endeavor to notify Sponsor prior to the event. City will issue a refund (either pro-rated based on benefits or a full refund). 12. Endorsements. By entering into this Sponsorship Agreement, City is in no way endorsing Sponsor's organization, products, services or employees. 13. Assignment This Sponsorship Agreement is not assignable. Sponsor may not substitute another or transfer any rights or obligations under this Agreement. 14. Termination. City may terminate this Agreement immediately, with or without cause, upon written notice to Sponsor. 15. Governing Law, Venue and Dispute Resolution. This Agreement is governed by the laws of the State of California. The venue for a legal action or proceeding is the Santa Oara Superior Court, County of Santa Clara, State of California. This Agreement is subject to the Government Claims Act. The Parties may seek mediation to resolve disputes arising under this Agreement. If the Parties elect arbitration, the arbitrator's award must be supported by law and substantial evidence and include detailed written findings of law and fact. In accordance with the law, the prevailing party may seek and be entitled to reasonable attorney fees and costs. This Section survives this Sponsorship Agreement. Rev. 03.19.25 J CITY 01' g SPONSORSHIP AGREEMENT CUPERTINO 16. Third Party Deneficiarles. 11,ere are no third-party beneficiaries under this Agreement. 17. Execution. By signing this Agreement, Sponsor warrants and represents it has the right, power, and authority to enter into this Agreement and be bound by its terms. IN WITNESS WHEREOF, the parties have caused this Sponsorship Agreement to be executed. CITY OF CUPERTINO A Municipal Corporation By ________ _ Name ·-------- Title _______ _ Date _______ _ APPROVED AS TO FORM: MIQ-IAEL K. WOO Senior Assistant City Attorney ATTEST: LAUREN SAPUDAR City Clerk Date. ________ _ SPONSOR Key Point Credit Union By ____ -<--~"-- Rev. 03.19.25 Kirsten Squarcia Deputy City Manager 08/25/2026 08/26/2026 Contract Number: 10430709 CUMIS INSURANCE SOCIETY, INC. CERTIFICATE OF INSURANCE This is to certify that such insurance policies as indicated below by policy number have been issued on forms in current use by the Society. Hazards covered are indicated by (X). This CERTIFICATE OF INSURANCE neither affirmatively nor negatively amends, extends, or alters the coverage afforded by these policies. The insurance afforded by the policies described herein is subject to all the terms, exclusions and conditions of such policies. Aggregate limits shown may have been reduced by paid claims. This certificate is issued as a matter of information only and confers no rights upon the certificate holder. Name and Address of Certificate Holder ATTN: Daniel DeguCity of Cupertino 10300 Torre Ave.Cupertino, CA 90514- 3202 Type of Insurance Policy Number Expiration Date Limits of Liability WORKERS’ COMPENSATION EMPLOYERS’ LIABILITY Statutory COMPREHENSIVE GENERAL LIABILITY (X)OCCURRENCE 045398 08/20/2027 $300,000 Each Occurrence $900,000 Policy Aggregate AUTOMOBILE LIABILITY ( ) Owned Automobiles (X ) Hired Automobiles (X) Non-Owned Automobiles ( ) Repossessed Automobiles 053041 08/20/2027 Combined Single Limit $300,000 Each Occurrence EXCESS LIABILITY (X)OCCURRENCE 045398 08/20/2027 $10,000,000 Each Occurrence $30,000,000 Policy Aggregate Should any of the described policies be cancelled before the expiration date noted, the Society will mail 45 days prior written notice of such cancellation to the above named Certificate Holder. The mailing of the notice shall be sufficient proof of notice. Description and location of operations and /or automobiles and /or property covered: Proof of insurance for the Cupertino Bizwomen Networking Luncheon event to be held on 08/27/2026 from 11:30am to 1:00pm at 10350 Torre Ave., Cupertino, CA 90514. Refer to CUPOP 61 05 Additional Insured endorsement for details. Name and Address of insured: KEYPOINT CREDIT UNION2150 TRADE ZONE BLVD.SAN JOSE, CA 95131 Date: By: 08/20/2026 AUTHORIZED REPRESENTATIVE CGA 200 A27 08 10 CUMIS Insurance Society, Inc. Page 1 of 2 I I I - ~ -- - I I J Important Notice This is your current Certificate of Insurance. This replaces any previously issued Certificate of Insurance that may have been issued to you. The General Liability and Excess Liability coverages may contain both a Per Occurrence and General Aggregate limit. Refer to the Certificate of Insurance for specific coverage, limit and deductible information. Questions Regarding This Certificate If you have questions regarding this Certificate, please contact our Customer Response Center at 1-800-637-2676. CG 08/20/26 Page 1 of 2 CUPOP 61 05 01 22 CUMIS Insurance Society, Inc. Includes copyrighted material of Insurance Services Office, Inc., with its permission. 045398 ADDITIONAL INSURED ENDORSEMENT SCHEDULED EVENTS PROPERTY AND BUSINESS LIABILITY POLICY Various provisions in this Policy restrict Coverage. Read the entire Policy carefully to determine rights, duties and what is and is not covered. The Common Policy Provisions apply to this endorsement. This endorsement modifies the Business Liability Coverage. Scheduled Event Cupertino Bizwomen Networking Luncheon 11:30AM - 1:00PM Effective Date: 08/27/2026 Name of Person or Organization The City of CupertinoCupertino Chamber of Commerce10300 Torre Ave.Cupertino, CA 90514- 3202 Expiration Date: 08/27/2026 WHO IS AN INSURED Who Is An Insured The following is added to the Who Is An Insured provision in the Business Liability Coverage: The person or organization shown above is also an insured, but only with respect to their liability arising out of your activities during the event scheduled above. However; 1.The insurance afforded to such additional insured only applies to the extent permitted by law; and 2.If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured will not be broader than that which you are required by the contract or agreement to provide for such additional insured. ADDITIONAL CONDITION Limit Of Insurance With respect to the insurance afforded to the additional insured, the following is added to the Limit Of Insurance Additional Condition in the Business Liability Coverage: If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of the additional insured is the amount of insurance: 1.Required by the contract or agreement; or CG 08/20/26 Page 2 of 2 CUPOP 61 05 01 22 CUMIS Insurance Society, Inc. Includes copyrighted material of Insurance Services Office, Inc., with its permission. Limit Of Insurance 2. Available under the applicable Limits Of Insurance shown in the Policy, whichever is less. This endorsement shall not increase the applicable Limits Of Insurance shown in the Policy. ADDITIONAL INSURED ENDORSEMENT SCHEDULED EVENTS PROPERTY AND BUSINESS LIABILITY POLICY ADDITIONAL CONDITION KeyPoint Sponsorship Agreement and Application 260827 Final Final Audit Report 2026-08-26 Created:2026-08-26 By:Andy Schramm (AndyS@cupertino.gov) Status:Signed Transaction ID:CBJCHBCAABAAKPU_yDaNle2y-oWDmx0BUBgIYnugfGH4 "KeyPoint Sponsorship Agreement and Application 260827 Final " History Document created by Andy Schramm (AndyS@cupertino.gov) 2026-08-26 - 0:04:16 AM GMT Document emailed to Kirsten Squarcia (KirstenS@cupertino.gov) for signature 2026-08-26 - 0:04:27 AM GMT Email viewed by Kirsten Squarcia (KirstenS@cupertino.gov) 2026-08-26 - 0:05:07 AM GMT Document e-signed by Kirsten Squarcia (KirstenS@cupertino.gov) Signature Date: 2026-08-26 - 1:25:47 AM GMT - Time Source: server - Signature Appearance Selected: IMAGE Document emailed to Michael Woo (MichaelW@cupertino.gov) for signature 2026-08-26 - 1:25:50 AM GMT Email viewed by Michael Woo (MichaelW@cupertino.gov) 2026-08-26 - 1:26:27 AM GMT Document e-signed by Michael Woo (MichaelW@cupertino.gov) Signature Date: 2026-08-26 - 6:13:04 PM GMT - Time Source: server - Signature Appearance Selected: IMAGE Document emailed to Lauren Sapudar (LaurenS@cupertino.gov) for signature 2026-08-26 - 6:13:07 PM GMT Email viewed by Lauren Sapudar (LaurenS@cupertino.gov) 2026-08-26 - 6:13:46 PM GMT Document e-signed by Lauren Sapudar (LaurenS@cupertino.gov) Signature Date: 2026-08-26 - 6:32:04 PM GMT - Time Source: server - Signature Appearance Selected: IMAGE Agreement completed. 2026-08-26 - 6:32:04 PM GMT