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Development Partnership Agreement
"I need a Development Partnership Agreement for a joint venture between my tech company and a property developer to build a new smart office complex in Manchester, with construction starting in March 2025 and focusing on sustainable development practices."
1. Parties: Details of all parties entering into the agreement
2. Background: Context and purpose of the development partnership
3. Definitions: Key terms used throughout the agreement
4. Partnership Structure: Legal structure and nature of the partnership
5. Scope of Development: Details of the development project and deliverables
6. Contributions: Partners' respective contributions (financial, assets, expertise)
7. Profit Sharing: Distribution of profits and losses
8. Management and Control: Decision-making processes and management structure
9. Term and Termination: Duration and termination provisions
10. Governing Law: Applicable law and jurisdiction
1. Intellectual Property Rights: IP ownership and licensing provisions - include when development involves creation of IP
2. Environmental Provisions: Environmental obligations and commitments - include for developments with environmental impact
3. Employment: Staff-related provisions - include when partnership involves hiring employees
4. Data Protection: Data handling and privacy provisions - include when personal data processing is involved
5. Insurance: Insurance requirements and obligations - include when specific insurance coverage is needed
1. Development Plan: Detailed project plans and specifications
2. Financial Model: Financial projections and assumptions
3. Property Details: Details of development site and properties
4. Partner Contributions: Detailed breakdown of each partner's contributions
5. Management Structure: Organizational chart and management procedures
6. Planning Permissions: Copies of relevant planning permissions and applications
Authors
Background IP
Business Day
Business Plan
Commencement Date
Confidential Information
Development
Development Costs
Development Period
Development Plan
Development Property
Development Rights
Effective Date
Force Majeure Event
Foreground IP
Good Industry Practice
Initial Contribution
Intellectual Property Rights
Joint Management Committee
Key Milestones
Management Structure
Material Breach
Partner(s)
Partnership
Partnership Assets
Partnership Interests
Planning Permission
Project
Project Account
Project Manager
Profit Share
Property
Relevant Authorities
Representatives
Site
Specifications
Target Completion Date
Term
Third Party
Working Capital
Assignment and Transfer
Audit Rights
Authority and Capacity
Boilerplate
Capital Contributions
Change Control
Confidentiality
Conflict Resolution
Contributions of Partners
Decision Making
Default
Development Obligations
Dispute Resolution
Environmental Compliance
Exit Rights
Force Majeure
Further Assurance
Governance
Health and Safety
Indemnification
Insurance
Intellectual Property Rights
Liability
Management Structure
Non-Competition
Notices
Partnership Accounts
Partnership Assets
Planning and Permits
Profit Distribution
Project Management
Representations and Warranties
Risk Allocation
Severability
Step-In Rights
Termination
Third Party Rights
Variation
Warranties
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