This Preferred Catering Partnership Agreement (the "Agreement" ) is entered into as of
(the "Effective Date" ), by and between:
1. Purpose & Scope of Relationship
Venue hereby designates Caterer as an approved, non-exclusive preferred caterer for events held at any facility operated by Venue, including The Lumen , The Den , and The Feathers (collectively referred to as the "Space" ). Caterer is authorized to pitch, book, and execute food, beverage, and event-related services for clients booking the Space, subject to the terms of this Agreement.
2. Term & Termination
This Agreement shall remain in effect for a period of one (1) year from the Effective Date, automatically renewing for subsequent one-year terms unless either party provides written notice of non-renewal at least thirty (30) days prior to the end of the term. Either party may terminate this Agreement without cause upon sixty (60) days' written notice, or immediately for cause if the other party breaches material terms, loses licenses, or fails to maintain required insurance.
3. Financial Terms & Revenue Share
Caterer agrees to pay Venue a fee equal to twenty-five percent (25%) of the Gross Revenue generated by Caterer from all events hosted at the Space. "Gross Revenue" includes all charges billed to the client for food, beverages, service charges, labor, equipment rentals, and coordination fees, excluding only state/local sales tax and staff gratuities.
Billing and Payment Flow (Option A - Caterer Collects):
Caterer Invoicing & ACH Settlement
Caterer shall collect all payments and invoice the client directly. Immediately following the event, Venue will issue a B2B invoice to Caterer via its accounting software (e.g., QuickBooks or Wave) representing the 25% Venue Fee. Caterer shall remit the 25% Venue Fee to Venue within ten (10) business days via Bank ACH/Bank Transfer (the exclusive method of payment).
4. Audit Rights & Record Keeping
Caterer shall maintain complete and accurate financial records for all events hosted at the Space. Venue shall have the right, upon reasonable notice and during normal business hours, to inspect and audit Caterer’s books, point-of-sale systems, and invoices related to events held at the Space to verify compliance with the revenue split terms.
5. Operating Standards & Responsibilities
Caterer is solely responsible for all event operations and day-to-day management (including staffing, bartenders, servers, kitchen staff, rentals, setup, tear-down, on-site supervision, and thorough cleanup). The Venue's Liaison is not involved in day-to-day operations or management of events; their role is strictly limited to coordinating calendar availability and initial booking requests. If Caterer provides or serves alcohol, Caterer must possess and maintain a valid liquor license and catering permit issued by the State of Missouri and the local municipality. Caterer must return the Space to a broom-clean condition immediately following the event; failure to do so results in a $500 cleaning fee.
6. Insurance & Indemnification
Caterer shall maintain Commercial General Liability ($1,000,000 per occurrence / $2,000,000 aggregate), Liquor Liability ($1,000,000 per occurrence if serving alcohol), and Workers' Compensation (Statutory limits). Venue must be named as an Additional Insured on Caterer’s policies, and a Certificate of Insurance (COI) must be submitted prior to the first event. Caterer agrees to defend, indemnify, and hold harmless Venue from all claims arising from Caterer's operations, food preparation, or staff conduct.
7. Miscellaneous
The parties are independent contractors. This Agreement shall be governed by and construed in accordance with the laws of the State of Missouri.
For Venue (Universal Document Inc. d/b/a HiveSpaces):
Sarah Jenkins
Liaison & Authorized Representative for EPCI
Name & Title:
Sarah Jenkins, Liaison & Authorized Representative for EPCI