Pre Partnership Agreement Template for Netherlands

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Key Requirements PROMPT example:

Pre Partnership Agreement

"I need a Pre Partnership Agreement between my tech startup and a potential manufacturing partner in the Netherlands, with strong IP protection clauses and a 6-month evaluation period starting January 2025."

Document background
The Pre Partnership Agreement is a critical preliminary document used in the Netherlands when two or more parties wish to explore a potential business partnership while maintaining legal protections and clear boundaries. It serves as a stepping stone towards a full partnership agreement, allowing parties to share confidential information, conduct due diligence, and evaluate the viability of a partnership while managing risks and expectations. This document is particularly important in the Dutch business context, where careful preparation and clear documentation of business relationships is valued. The agreement typically includes provisions for confidentiality, exclusivity, cost allocation, and termination rights, all aligned with Dutch legal requirements and business practices. It's commonly used when parties need a structured framework for their partnership discussions but aren't yet ready to commit to a full partnership arrangement.
Suggested Sections

1. Parties: Identification and details of all potential partners entering into the pre-partnership agreement

2. Background: Context of the proposed partnership and reasons for entering into the pre-partnership agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Purpose and Scope: Clear statement of the agreement's purpose and scope of the potential partnership evaluation

5. Duration: Timeline for the pre-partnership period and evaluation process

6. Confidentiality: Obligations regarding confidential information shared during the evaluation period

7. Due Diligence: Framework for information sharing and evaluation process

8. Exclusivity: Provisions preventing parties from pursuing similar partnership arrangements during the evaluation period

9. Costs and Expenses: Allocation of costs incurred during the pre-partnership period

10. No Partnership: Clear statement that this agreement does not constitute a partnership

11. Termination: Circumstances and process for terminating the pre-partnership agreement

12. Governing Law and Jurisdiction: Specification of Dutch law as governing law and jurisdiction for disputes

Optional Sections

1. Non-Solicitation: Prevents parties from hiring each other's employees during and after the evaluation period - include when intellectual property or key employees are crucial

2. Milestone Requirements: Specific targets or conditions that need to be met before proceeding with the partnership - include when specific achievements are prerequisites

3. Break Fee: Compensation payable if one party withdraws from negotiations - include in high-value or complex negotiations

4. Intellectual Property Rights: Protection of existing IP and provisions for jointly developed IP during evaluation - include when IP is relevant to the potential partnership

5. Public Announcements: Rules for making public statements about the potential partnership - include for high-profile or market-sensitive situations

6. Tax Considerations: Preliminary tax structure and implications - include for complex or high-value partnerships

Suggested Schedules

1. Schedule 1 - Business Plan: Outline of the proposed partnership's business plan and objectives

2. Schedule 2 - Due Diligence Requirements: List of required documents and information for the evaluation process

3. Schedule 3 - Timeline: Detailed timeline for the evaluation period and key milestones

4. Schedule 4 - Confidential Information: Definition and categories of information considered confidential

5. Schedule 5 - Existing Commitments: Declaration of relevant existing business commitments and potential conflicts

6. Appendix A - Contact Details: Key contact persons and their details for each party

7. Appendix B - Required Approvals: List of necessary regulatory or third-party approvals for the partnership

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Relevant Industries

Technology

Professional Services

Manufacturing

Retail

Healthcare

Financial Services

Real Estate

Construction

Energy

Agriculture

Logistics

Education

Consulting

Media and Entertainment

Telecommunications

Relevant Teams

Legal

Corporate Development

Business Development

Executive Leadership

Finance

Strategy

Operations

Risk Management

Commercial

Mergers & Acquisitions

Compliance

Business Affairs

Relevant Roles

Chief Executive Officer

Managing Director

Business Development Manager

Legal Counsel

Chief Financial Officer

Partnership Manager

Strategy Director

Commercial Director

Corporate Development Manager

General Counsel

Business Owner

Entrepreneur

Operations Director

Chief Operating Officer

Risk Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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