Endorsement Agreement

• Date: 19 March 2024
• Parties: SPORT-HALEY, INC. ("Company"), __________ ("Professional")
• State: Colorado
• Section: Commercial Contracts

ENDORSEMENT AGREEMENT

THIS ENDORSEMENT AGREEMENT is made and entered into effective this day of

___________________, 19__, by and between SPORT-HALEY, INC., a Colorado

corporation (the "Company"), and _________________ (hereinafter referred to as

the "Professional").

WHEREAS, the Professional is an active, exempt and full-time touring

professional on the Professional Golfer's Association Tour (the "PGA Tour");

and/or (the "Senior PGA Tour") and

WHEREAS, the company is in the business of designing and marketing quality

men's and women's golf and active sportswear under the Haley label and desires

to obtain the services of the Professional in endorsing, promoting and

publicizing the Company and Haley apparel;

NOW, THEREFORE, in consideration of the agreements of the parties set forth

below, and in consideration of the Company's agreement to make the payments

below described to the Professional the parties hereto agree as follows:

1. SERVICES OF THE PROFESSIONAL. The Professional agrees to perform the

following services during the term of this Agreement:

a. The Professional agrees that, with respect to men's apparel,

he will exclusively endorse and use exclusively in play, practice,

exhibits, clinics and other events open to the media or public, Haley

brand apparel which shall consist of shirts, vests, jackets, sweaters,

pants and shorts (if permitted by applicable rules).

b. The Professional grants to the Company the exclusive worldwide

right and license to use his name, autograph, likeness, photographs,

electronic media depiction, signature and any other words, symbols or

depiction's which would identify the Professional to the public in

connection with the advertising, promotion, publicizing, sale and

distribution of Haley apparel by the Company.

c. Upon reasonable written request of the Company which shall be

tendered at least 30 days prior the date requested, the Professional

shall make himself available for the purpose of posing for print ads,

making commercials and other promotional materials, or attending

promotional events organized by the Company once per calendar year. In

the event of such requests by the Company, the company shall be

responsible for the payment of all reasonable travel, lodging and

meal expenses incurred in connection with the Professional rendering

services described in this subsection. Should the services of the

Professional be required for longer than one day, the Professional

shall be entitled to his daily appearance fee, plus reasonable

expenses, for each day in excess of one day.

d. The Professional shall have the opportunity to select from

the Company's semi-annual golf sportswear collections for the purposes

of obtaining a wardrobe of Haley apparel suitable to the Professional

at the Company's expense. The Company shall have the right to place on

the left chest and right sleeve of any jackets, shirts, vests, or

sweaters and above the back pocket of any pants selected by the

Professional the Company's logo and name in use by the Company at that

time.

2. RIGHTS OF USAGE. As described in Section 1(b) above, the Professional

has granted the company an exclusive worldwide right and license

to use his name, autograph, likeness, photographs, electronic media

depiction, signature and any other words, symbols or depiction's

(hereinafter the "Professional's Image") which will identify the

Professional to the public in connection with the advertising,

promotion, publicizing, sale and distribution of Haley apparel. The

Company shall have unlimited rights of utilization of the

Professional's Image in all advertising, promotion, publicity and

other forms of communication with any part during the term of this

Agreement, it being the intent of the Professional that the Company's

utilization of the Professional's Image shall be at the discretion of

the Company. The right of usage described herein shall be subject to

the requirement that the Company shall not place the Professional's

Image in an unfavorable light. The Professional or the Professional's

designated agent shall have the right to review any advertising,

promotion or publicity materials utilized by the company which

contain the Professional's Image on reasonable written or oral

request to the Company during the term of this Agreement.

3. COMPENSATION OF THE PROFESSIONAL. In consideration of the rights

granted to the Company and the services to be provided by the

Professional, the Professional shall receive the following

compensation:

4. PAYMENTS. All payments to be made to the Professional pursuant to the

terms of this Agreement shall be made to the Professional and

delivered to ________________________________________________________

_____________________________________________________________________