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Performing Arts, Spectator Sports, and Related Industries · NAICS 711 · Vendor and Concession Agreement
This Vendor and Concession Agreement is specifically designed for performing arts venues, theaters, arenas, and stadiums that host concerts, plays, and sporting events. It establishes clear terms for independent vendors selling food, beverages, merchandise, or novelties during events. The agreement covers space assignment, commission structures, insurance requirements, and compliance with health and safety regulations. By using this tailored template, venue operators can protect their interests, minimize disputes, and ensure a professional vending experience for all parties.
Typically, the venue requires the vendor to carry general liability insurance with minimum limits (e.g., $1 million per occurrence) and name the venue as an additional insured. Food vendors may also need product liability coverage.
Yes, the agreement should allow the venue to relocate the vendor to a comparable space for operational reasons, such as stage setup changes or crowd flow adjustments, with reasonable notice.
Commissions are usually a percentage of gross sales, before taxes. The vendor must report sales accurately, often daily, and pay the commission according to a schedule (e.g., weekly or at the end of the event).
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