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Bio: The above article is intended to provide generalized financial information designed to educate a broad segment of the public it does not give personalized tax, investment, legal, or other business and professional advice. Before taking any action, you should always seek the assistance of a professional who knows your particular situation for advice on taxes, your investments, the law, or any other business and professional matters that affect you and/or your business. 53 ratings Baird Fogel, a partner at the San Francisco office of law firm Eversheds Sutherland who focuses on the sports industry and on renewable energy, said naming rights agreements often contain a morality clause in case of major problems “because whenever you enter into some sort of sponsorship arrangement, for better or for worse, you’re tying yourself to that entity and that organization. Your reputations are now aligned. It takes a very long time to build a good reputation and about five minutes to destroy it.”