¶¶Òõ¶ÌÊÓƵ

Long Term Partnering Agreement Template for England and Wales

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Long Term Partnering Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Long Term Partnering Agreement

"I need a Long Term Partnering Agreement for a technology development collaboration between my software company and a hardware manufacturer, with specific focus on IP rights sharing and joint product development, starting from March 2025."

Document background
The Long Term Partnering Agreement is utilized when organizations seek to establish sustainable, strategic collaborations extending beyond traditional customer-supplier relationships. This document, governed by English and Welsh law, provides a structured framework for managing complex, long-term business relationships, particularly suitable for high-value projects requiring significant investment and commitment. It addresses key aspects such as risk sharing, resource allocation, profit distribution, and governance structures, while incorporating flexibility for evolving business needs. The agreement is particularly valuable in sectors requiring sustained collaboration and integrated working practices.
Suggested Sections

1. Parties: Identification and details of contracting parties

2. Background: Context and purpose of the partnership agreement

3. Definitions: Key terms used throughout the agreement

4. Partnership Objectives: Core aims and principles of the partnership

5. Governance Structure: Management and decision-making framework

6. Term and Termination: Duration and circumstances for ending partnership

7. Financial Arrangements: Cost sharing, profit distribution, and financial obligations

8. Confidentiality: Protection and handling of confidential information

9. Liability and Indemnities: Allocation of risks and responsibilities between parties

10. Force Majeure: Provisions for handling events beyond parties' control

11. Dispute Resolution: Procedures for resolving conflicts between parties

12. General Provisions: Boilerplate clauses including notices, amendments, and governing law

Optional Sections

1. Intellectual Property Rights: IP ownership and licensing arrangements - include when IP is created or shared during partnership

2. Change Control: Process for managing changes to agreement - include for complex, long-term partnerships

3. Exit Strategy: Detailed procedures for partnership dissolution - include for high-value or complex partnerships

4. Data Protection: Specific provisions for handling personal data - include when personal data is processed

5. Anti-Bribery and Corruption: Compliance with anti-corruption laws - include for international partnerships or high-risk sectors

6. Modern Slavery Compliance: Provisions ensuring compliance with Modern Slavery Act - include when supply chain or labor risks exist

Suggested Schedules

1. Services Schedule: Detailed description of services to be provided by each party

2. KPI Schedule: Performance metrics and targets for measuring partnership success

3. Financial Schedule: Detailed financial arrangements, calculations, and payment terms

4. Governance Schedule: Detailed governance procedures, meeting frequencies, and decision-making processes

5. Change Control Procedure: Detailed process for implementing changes to the agreement or services

6. Personnel Schedule: Key personnel, roles, and responsibilities within the partnership

7. Exit Management Plan: Detailed procedures for managing partnership termination and transition

Authors

Alex Denne

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

Relevant legal definitions

























Clauses

























Industries

Contracts (Rights of Third Parties) Act 1999: Governs how third parties may enforce terms of a contract and needs to be considered for any provisions affecting parties beyond the main contracting entities

Unfair Contract Terms Act 1977: Regulates contracts by restricting how far parties can exclude or limit liability, particularly important in long-term agreements where risk allocation is crucial

Misrepresentation Act 1967: Deals with false statements made during contract negotiation and provides remedies for misrepresentation

Commercial Agents (Council Directive) Regulations 1993: Protects commercial agents in their relationships with principals, particularly relevant if the partnership involves agency arrangements

Partnership Act 1890: Provides the foundational rules governing partnerships in England and Wales, may be relevant depending on the partnership structure

Competition Act 1998: Ensures the partnership agreement doesn't contain anti-competitive provisions that could violate competition law

Data Protection Act 2018: Regulates the processing of personal data and implements UK GDPR requirements, crucial for data sharing between partners

Modern Slavery Act 2015: Requires consideration of modern slavery and human trafficking risks in business relationships and supply chains

Bribery Act 2010: Sets out anti-bribery provisions that must be reflected in the agreement's compliance obligations

Financial Services and Markets Act 2000: Relevant if the partnership involves financial services activities, requiring specific regulatory compliance measures

Consumer Rights Act 2015: Must be considered if the partnership's activities involve providing goods or services to consumers

Employment Rights Act 1996: Protects workers' rights and must be considered if the partnership affects employment relationships

TUPE Regulations 2006: Protects employees' rights when business ownership changes, relevant if the partnership involves transfer of staff

Copyright, Designs and Patents Act 1988: Governs intellectual property rights and must be addressed in terms of IP ownership and licensing between partners

Trade Marks Act 1994: Regulates trademark usage and protection, important for brand-related aspects of the partnership

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

Find the exact document you need

Venture Partner Agreement

find out more

Vacation Home Partnership Agreement

find out more

Trucking Partnership Agreement

find out more

Term Sheet For Partnership Agreement

find out more

Temporary Partnership Agreement

find out more

Technology Partnership Agreement

find out more

Technical Partnership Agreement

find out more

Strategic Technology Partnership Agreement

find out more

Strategic Alliance Partnership Agreement

find out more

Startup Partnership Agreement

find out more

Standard Partnership Agreement

find out more

Sponsorship Partnership Agreement

find out more

Software Partnership Agreement

find out more

Software Partner Agreement

find out more

Shareholders Agreement Joint Venture

find out more

Service Partner Agreement

find out more

Simple 50 50 Partnership Agreement

find out more

Simple Partnership Dissolution Agreement

find out more

Simple Limited Partnership Agreement

find out more

Restaurant Profit Sharing Agreement

find out more

Revenue Share Partnership Agreement

find out more

Secret Partner Agreement

find out more

Sales Cooperation Agreement

find out more

Salaried Partner Agreement

find out more

Real Estate Limited Partnership Agreement

find out more

Real Estate Joint Venture Agreement

find out more

Real Estate Channel Partner Agreement

find out more

Property Partnership Agreement

find out more

Profit Sharing Ratio Partnership Agreement

find out more

Profit Sharing Agreement In Business Partnership

find out more

Profit And Loss Partnership Agreement

find out more

Production Partnership Agreement

find out more

Product Partnership Agreement

find out more

Preliminary Partnership Agreement

find out more

Preferred Partnership Agreement

find out more

Preferred Partner Agreement

find out more

Pre Partnership Agreement

find out more

Photography Partnership Agreement

find out more

Pharmacy Partnership Agreement

find out more

Partnership Subscription Agreement

find out more

Partnership Service Agreement

find out more

Partnership Purchase Agreement

find out more

Partnership Framework Agreement

find out more

Partnership Contribution Agreement

find out more

Partnership Contract Between Two Companies

find out more

Partnership Buy In Agreement

find out more

Partnership Agreement Profit Sharing

find out more

Partnership Agreement Between Two Parties

find out more

Partnership Agreement Between Two Individuals

find out more

Partnership Agreement Between Three Individuals

find out more

Nonprofit Partnership Agreement

find out more

Non Equity Partnership Agreement

find out more

Non Equity Partner Agreement

find out more

Mou For Event Partnership

find out more

Model Collaboration Agreement

find out more

Memorandum Of Understanding Between Two Partners

find out more

Media Partner Agreement

find out more

Marketing Collaboration Agreement

find out more

Managing Partner Agreement

find out more

Long Term Partnering Agreement

find out more

Livestock Partnership Agreement

find out more

Limited Partnership Purchase Agreement

find out more

Limited Partnership Interest Purchase Agreement

find out more

Limited Partnership Dissolution Agreement

find out more

Limited Partnership Agreement

find out more

Lifetime Partnership Agreement

find out more

Letter Of Intent Joint Venture

find out more

Letter Of Intent For Partnership Agreement

find out more

Joint Venture Offer Letter

find out more

Joint Partnership Agreement

find out more

International Business Partnership Agreement

find out more

Internal Agreement Between Partners

find out more

Informal Partnership Agreement

find out more

Influencer Partnership Agreement

find out more

Industrial Partner Agreement

find out more

Implementation Partner Agreement

find out more

Hotel Partnership Agreement

find out more

Home Buying Partnership Agreement

find out more

General Partnership Dissolution Agreement

find out more

General Cooperation Agreement

find out more

Fundraising Partnership Agreement

find out more

Food Delivery Partner Agreement

find out more

Fixed Share Partnership Agreement

find out more

Family Partnership Agreement

find out more

Family Limited Partnership Agreement

find out more

Family Business Partnership Agreement

find out more

Exclusive Channel Partner Agreement

find out more

Equity Partnership Agreement

find out more

Equal Partnership Agreement

find out more

Entertainment Partnership Agreement

find out more

Distribution Partnership Agreement

find out more

Delivery Partnership Agreement

find out more

Delivery Partner Agreement

find out more

Commission Partnership Agreement

find out more

Collaboration Agreement Letter

find out more

Collaboration Agreement Between Two Companies

find out more

Collaboration Agreement Between Builder And Owner

find out more

Co Branding Partnership Agreement

find out more

Club Partnership Agreement

find out more

Channel Partner Agreement

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.