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Business Development Partnership Agreement
"I need a Business Development Partnership Agreement for a software company partnering with a marketing agency to expand into the European market, with a 60-40 revenue split and initial term of 24 months starting January 2025."
1. Parties: Details of the partnering entities including registered addresses and company numbers
2. Background: Context and purpose of the partnership, including business objectives and rationale
3. Definitions: Key terms used throughout the agreement with their specific meanings
4. Partnership Scope: Detailed description of partnership activities, objectives, and limitations
5. Roles and Responsibilities: Specific duties and obligations of each partner in the business development relationship
6. Financial Terms: Revenue sharing arrangements, costs allocation, and financial obligations between partners
7. Term and Termination: Duration of the partnership and conditions for termination or renewal
8. Confidentiality: Protection and handling of confidential information shared between partners
1. Intellectual Property Rights: Terms governing ownership, use, and licensing of intellectual property created or shared during the partnership
2. Territory Restrictions: Geographical limitations and territorial exclusivity terms for the partnership
3. Non-Compete: Restrictions on competitive activities during and after the partnership
4. Data Protection: GDPR compliance measures and data handling procedures between partners
5. Force Majeure: Provisions for handling events beyond reasonable control of the parties
1. Schedule 1 - Business Plan: Detailed operational and strategic plans for the partnership
2. Schedule 2 - Revenue Models: Financial projections and detailed revenue sharing calculations
3. Schedule 3 - Service Level Agreements: Performance metrics, standards, and service delivery requirements
4. Schedule 4 - Marketing Guidelines: Brand usage rules and marketing requirements for both parties
5. Schedule 5 - Technical Specifications: Technical requirements, integration details, and operational procedures
6. Schedule 6 - Key Personnel: List of key contacts and responsible individuals from each party
Authors
Business Development Activities
Business Development Services
Business Plan
Commencement Date
Confidential Information
Development Period
Effective Date
Force Majeure Event
Initial Term
Intellectual Property Rights
Key Performance Indicators
Material Breach
Net Revenue
Partnership
Partnership Period
Performance Metrics
Principal
Qualified Leads
Revenue Share
Services
Strategic Partners
Target Market
Territory
Term
Termination Date
Trade Secrets
Working Day
Partnership Scope
Term and Duration
Business Development Services
Obligations of the Parties
Exclusivity
Revenue Share
Payment Terms
Performance Requirements
Reporting and Monitoring
Intellectual Property Rights
Confidentiality
Data Protection
Non-Competition
Non-Solicitation
Representations and Warranties
Limitation of Liability
Force Majeure
Termination
Effects of Termination
Assignment and Subcontracting
Publicity and Marketing
Notices
Dispute Resolution
Governing Law and Jurisdiction
Entire Agreement
Severability
Variation and Waiver
Third Party Rights
Further Assurance
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