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Business To Business Partnership Agreement
"I need a Business to Business Partnership Agreement for a technology consulting partnership between my software development company and a cybersecurity firm, with equal profit sharing and joint management structure, to be effective from March 1, 2025."
1. Parties: Identifies all partners entering into the agreement, including full legal names and registered addresses
2. Background: Sets out the context and purpose of the partnership, including the business objectives and intention to form a partnership
3. Definitions: Defines key terms used throughout the agreement to ensure clarity and prevent misinterpretation
4. Partnership Formation: Details of partnership establishment, business name, commencement date, and term of partnership
5. Business Purpose and Scope: Clearly defines the nature and scope of the partnership business activities
6. Capital Contributions: Specifies initial and ongoing capital contributions from each partner
7. Ownership and Profit Sharing: Details the ownership percentages and how profits/losses will be distributed
8. Management and Decision Making: Outlines management structure, voting rights, and decision-making processes
9. Rights and Obligations: Lists the specific rights and duties of each partner
10. Financial Management: Covers accounting practices, banking arrangements, and financial reporting requirements
11. Transfer of Partnership Interests: Rules regarding selling or transferring partnership interests
12. Dispute Resolution: Procedures for resolving disagreements between partners
13. Termination and Dissolution: Circumstances and procedures for ending the partnership
14. Governing Law: Specifies the jurisdiction and laws governing the agreement
15. General Provisions: Standard legal clauses including notices, amendments, and severability
1. Intellectual Property Rights: Include when partners bring existing IP or will develop new IP during the partnership
2. Non-Competition and Non-Solicitation: Include when partners want to restrict competitive activities
3. Insurance Requirements: Include when specific insurance coverage is required for the business
4. Confidentiality: Include when partners will share sensitive business information
5. Environmental Compliance: Include for businesses with environmental impacts or obligations
6. International Operations: Include when partnership operates across multiple countries
7. Technology and Data Protection: Include when partnership involves significant digital assets or personal data processing
8. Force Majeure: Include when partners want specific provisions for unforeseen circumstances
9. Buy-Sell Provisions: Include when partners want detailed procedures for buying out others
10. Special Tax Provisions: Include when partnership has specific tax requirements or structuring
1. Schedule A - Capital Contributions: Detailed breakdown of each partner's initial and committed capital contributions
2. Schedule B - Profit Sharing Ratios: Detailed formulas and mechanisms for profit/loss allocation
3. Schedule C - Partner Information: Detailed partner information including contact details and representatives
4. Schedule D - Business Plan: Initial business plan and strategic objectives
5. Schedule E - Management Structure: Detailed organizational structure and management roles
6. Appendix 1 - Banking Arrangements: Details of partnership bank accounts and signing authorities
7. Appendix 2 - Accounting Policies: Specific accounting procedures and policies to be followed
8. Appendix 3 - Insurance Requirements: Detailed insurance coverage requirements and policies
9. Appendix 4 - Intellectual Property Register: List of IP assets owned or used by the partnership
10. Appendix 5 - Operational Procedures: Detailed day-to-day operational procedures and policies
Authors
Applicable Law
Business
Business Day
Business Plan
Capital Account
Capital Contribution
Commencement Date
Confidential Information
Default Event
Effective Date
Encumbrance
Financial Year
Force Majeure Event
Intellectual Property Rights
Management Committee
Material Breach
Net Profits
Net Losses
Operating Expenses
Partnership
Partnership Interest
Partnership Property
Partner
Partnership Assets
Profit Share
Quarter
Related Entity
Representatives
Reserved Matters
Security Interest
Services
Special Resolution
Subsidiary
Tax
Term
Territory
Third Party
Transfer
Unanimous Resolution
Working Capital
Business Purpose
Term and Duration
Capital Contributions
Profit and Loss Sharing
Management and Control
Decision Making
Partner Rights and Obligations
Voting Rights
Financial Management
Accounting and Records
Banking Arrangements
Distribution of Profits
Tax Matters
Intellectual Property
Confidentiality
Non-Competition
Non-Solicitation
Transfer of Interest
Admission of New Partners
Partner Withdrawal
Partner Retirement
Partner Death
Partner Disability
Buy-Sell Provisions
Valuation
First Right of Refusal
Force Majeure
Indemnification
Insurance
Dispute Resolution
Mediation
Arbitration
Jurisdiction
Governing Law
Termination
Dissolution
Winding Up
Asset Distribution
Notices
Assignment
Amendment
Severability
Entire Agreement
Waiver
Further Assurance
Counterparts
Electronic Execution
Technology
Manufacturing
Professional Services
Healthcare
Real Estate
Financial Services
Retail
Construction
Energy
Transportation
Agriculture
Education
Media and Entertainment
Telecommunications
Consulting
Hospitality
Software Development
Mining and Resources
Biotechnology
Environmental Services
Legal
Finance
Executive Leadership
Operations
Business Development
Risk and Compliance
Strategy
Commercial
Corporate Development
Mergers and Acquisitions
Tax
Treasury
Governance
Business Intelligence
Partnership Management
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
Chief Operating Officer
Managing Director
Business Development Director
Corporate Counsel
Legal Counsel
Partnership Manager
Operations Director
Finance Director
Commercial Director
Strategy Director
Risk Manager
Compliance Officer
Business Unit Head
Joint Venture Manager
Alliance Manager
General Counsel
Company Secretary
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