LOPSA Policies/Renewal and Lapsed Sponsorship

Policy approved by the Board on 11 December 2006.

Renewal and Lapsed Sponsorship Policy

Renewal of Sponsorship

As Section 1.8 of the Sponsorship Policy: At its discretion, LOPSA may contact each sponsor every 30 days commencing 60 days prior to the expiration of the sponsorship period to solicit renewal. The effective date of a renewal will be the expiration date of the prior sponsorship period.

Grace Period

As Section 1.9 of the Sponsorship Policy: At the recommendation of the Development Committee, a sponsorship may be granted a 30 day grace period before the sponsorship benefits and recognition are terminated.