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Software Development Partnership Agreement
"I need a Software Development Partnership Agreement for a joint venture between my AI software company based in Bangalore and a US-based cloud services provider, where we'll jointly develop machine learning solutions and share revenue 60-40, with specific provisions for data protection and cross-border IP rights."
1. Parties: Identification and details of the partnering entities
2. Background: Context of the partnership and brief overview of each party's business
3. Definitions: Detailed definitions of terms used throughout the agreement
4. Partnership Structure: Legal structure, roles, responsibilities, and governance of the partnership
5. Scope of Partnership: Detailed description of partnership objectives and activities
6. Development Services: Specifics of software development services, methodologies, and deliverables
7. Project Management: Project governance, reporting structures, and management procedures
8. Intellectual Property Rights: Ownership and licensing of pre-existing and newly developed IP
9. Confidentiality: Protection of confidential information and trade secrets
10. Data Protection: Compliance with data protection laws and data handling procedures
11. Financial Terms: Revenue sharing, costs, expenses, and payment terms
12. Term and Termination: Duration, renewal, and termination conditions
13. Representations and Warranties: Standard and specific warranties from each party
14. Liability and Indemnification: Limitation of liability and indemnification obligations
15. Force Majeure: Provisions for unforeseen circumstances and their handling
16. Dispute Resolution: Procedures for resolving disputes including jurisdiction and governing law
17. General Provisions: Standard boilerplate clauses including notices, amendments, and assignments
1. International Operations: Required when partnership involves cross-border operations, covering FEMA compliance and international law considerations
2. Source Code Escrow: Optional arrangement for source code protection and access conditions
3. Non-Compete: Restrictions on competitive activities, if agreed by parties
4. Insurance: Specific insurance requirements and coverage obligations
5. Marketing and Branding: Terms for joint marketing activities and brand usage
6. Training and Knowledge Transfer: Provisions for technical training and knowledge sharing
7. Quality Assurance: Specific quality standards and testing requirements
8. Business Continuity: Disaster recovery and business continuity requirements
1. Schedule A - Development Specifications: Detailed technical specifications and requirements
2. Schedule B - Service Levels: Performance metrics, service levels, and related penalties
3. Schedule C - Commercial Terms: Detailed pricing, payment terms, and revenue sharing models
4. Schedule D - Project Timeline: Detailed project milestones and delivery schedules
5. Schedule E - Personnel: Key personnel assignments and roles
6. Schedule F - Technical Infrastructure: Infrastructure requirements and specifications
7. Appendix 1 - Security Policies: Information security policies and procedures
8. Appendix 2 - Change Control Procedure: Process for managing changes to scope or specifications
Authors
Information Technology
Software Development
Digital Services
E-commerce
Financial Technology
Healthcare Technology
Education Technology
Manufacturing Technology
Retail Technology
Telecommunications
Professional Services
Business Process Outsourcing
Cloud Services
Artificial Intelligence and Machine Learning
Mobile Applications
Legal
Software Development
Project Management
Business Development
Operations
Partnerships
Commercial
Procurement
Information Technology
Product Development
Engineering
Solutions Architecture
Business Analysis
Compliance
Contracts Administration
Chief Technology Officer
Chief Executive Officer
Head of Legal
Software Development Manager
Project Manager
Business Development Director
Partnership Manager
Technical Program Manager
Legal Counsel
Contracts Manager
Chief Information Officer
VP of Engineering
Head of Operations
Chief Commercial Officer
IP Rights Manager
Head of Product Development
Software Architect
Development Team Lead
Solutions Architect
Business Analyst
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