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Partnership Service Agreement
"I need a Partnership Service Agreement for a technology consulting firm entering into a partnership with a software development company, with specific provisions for intellectual property sharing and joint client service delivery starting from March 2025."
1. Parties: Identification and details of all partnership parties
2. Background: Context and purpose of the partnership arrangement
3. Definitions: Key terms used throughout the agreement
4. Partnership Structure: Legal form and organization of the partnership
5. Scope of Services: Detailed description of services to be provided
6. Financial Arrangements: Payment terms, profit sharing, and financial obligations
7. Duration and Termination: Term of agreement and termination provisions
8. Confidentiality: Protection and handling of confidential information
9. Liability and Indemnification: Allocation of risks and responsibilities between partners
10. Governing Law and Jurisdiction: Applicable law and dispute resolution mechanisms
1. Intellectual Property Rights: IP ownership and usage rights - include when IP is created or shared in partnership
2. Non-Compete Provisions: Restrictions on competitive activities - include when protecting market position is crucial
3. International Operations: Cross-border operational provisions - include for partnerships operating in multiple jurisdictions
4. Data Protection: Specific data handling and GDPR compliance measures - include when personal data processing is involved
5. Force Majeure: Provisions for unforeseen circumstances preventing performance - include for long-term or high-value partnerships
1. Schedule 1 - Service Level Agreement: Detailed service standards and performance metrics
2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, charges, and payment arrangements
3. Schedule 3 - Partner Details: Comprehensive information about each partner including contact details and roles
4. Schedule 4 - Operating Procedures: Detailed operational processes and protocols for service delivery
5. Schedule 5 - Insurance Requirements: Required insurance coverage details and minimum coverage amounts
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