A sponsorship agreement template is signed between two parties; sponsor and sponsored. The sponsor at the time of signing this agreement promises to support the next person for any project. A sponsorship agreement may be signed for advertisement purposes or some charity purposes. This document will provide detailed information about the rights and duties of both the sponsor and sponsor. Clear information about the time period of the agreement and penalties in case of default will be provided and the agreement will be signed by both the parties. Apart from this, we are also providing our services of developing new…