Nevada Ski Team Pledge Agreement

  • June 2020
  • PDF

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  • Words: 466
  • Pages: 2
PLEDGE AGREEMENT An Investment Commitment ____________________ irrevocably pledge(s) and promise(s) to pay the University of Nevada, Reno’s Department of Athletics the sum of ________________________(U.S. $___________). This gift shall be used exclusively to fund directly the University of Nevada, Reno’s Ski Team, created to fund the program’s coaches and operating budget. This promise to use the amount pledged and the University’s reliance on and use of the amount pledged shall constitute full and adequate consideration for this pledge. I/We understand that this total pledge of $______________ shall be paid in annual installments of $__________ over a period of four years beginning August 2010. It is my/our intention to satisfy this commitment according to the following: Annual Payments August 2010 August 2011 August 2012 August 2013

Scheduled Payment by 6/30: $ _________ $ _________ $ _________ $ _________

Scheduled Balance $ _________ $ _________ $ _________ $ _________

This pledge is intended to reflect the commitment and investment of the donor in the University of Nevada, Reno’s Athletics Department and specifically Ski Team. This pledge shall be governed by the laws of the State of Nevada. I/We sign this pledge with the intent to be legally bound. If I am executing this pledge with my spouse, I understand that we are each separately obligated to fulfill this commitment. In the event that I, and if I am executing this with my spouse, my spouse should die prior to the time this pledge is fully paid, I direct that my personal representative satisfy this pledge as a debt of my estate. The unenforceability, invalidity, or illegality of any provision of this Agreement shall not render any other provisions unenforceable, invalid, or illegal, which other provisions shall remain in full force and effect.

By:

_______________________________________________

____________________

(DONOR)

Date

Please initial as appropriate: _____/_____ I/We agree that the University may publicize this gift. _____/_____ I/We wish the terms of my gift to remain anonymous. University of Nevada, Reno, Department of Athletics: By:

Date:

University of Nevada, Department of Athletics:

________________________________ Cary Groth Director of Athletics University of Nevada, Reno

___________________________

______________________

Date:

Rory Hickok Associate Athletics Director University of Nevada, Reno ____________________

Page Two

PLEDGE AGREEMENT An Investment Commitment

If you wish, you will receive an acknowledgement of your commitment and annual reminders of the outstanding balance and payment amount. Please indicate if you would like pledge reminders sent and if so, at what time each year. Reminder notices: _____ No _____ Yes, and please send at the beginning of ________________ (month).

ACKNOWLEDGEMENT/REMINDER ADDRESS: Please send acknowledgement and requested reminders to this name and address:

________________________________________________________________________ Name(s)

PLEASE PRINT

________________________________________________________________________ Street

________________________________________________________________________ City, State, and Zip Checks should be made payable to: University of Nevada, Reno Foundation and mail to: Legacy Hall/MS 232 University of Nevada/ Reno, NV 89557.

Thank You

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