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Business To Business Partnership Agreement Template for Singapore

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Key Requirements PROMPT example:

Business To Business Partnership Agreement

"I need a Business To Business Partnership Agreement for a technology company in Singapore partnering with a Malaysian software development firm, with specific focus on intellectual property rights and profit sharing from jointly developed products starting March 2025."

Document background
The Business To Business Partnership Agreement is essential for companies looking to formalize collaborative business relationships in Singapore. This document is particularly relevant when businesses wish to combine resources, expertise, or market presence while maintaining separate legal identities. It addresses key aspects such as profit sharing, operational responsibilities, intellectual property rights, and risk allocation. The agreement must comply with Singapore's Partnership Act and related commercial laws, making it suitable for both local and international business partnerships operating within Singapore's jurisdiction. It provides a clear framework for partnership governance while protecting the interests of all parties involved.
Suggested Sections

1. Parties: Identification and details of the partnering businesses

2. Background: Context and purpose of the partnership agreement

3. Definitions: Key terms used throughout the agreement

4. Partnership Structure: Legal structure, ownership, and governance

5. Roles and Responsibilities: Specific duties of each partner

6. Financial Arrangements: Profit sharing, capital contributions, and expenses

7. Term and Termination: Duration and conditions for ending the partnership

8. Governing Law: Specification of Singapore law as governing law

Optional Sections

1. Non-Compete: Restrictions on competitive activities - used when partners operate in same industry or market

2. Intellectual Property Rights: IP ownership and licensing arrangements - used when partnership involves creation or use of IP

3. Marketing and Branding: Rules for joint marketing activities - used when partnership involves joint promotional activities

4. Force Majeure: Provisions for unforeseen circumstances - used when long-term commitments are involved

Suggested Schedules

1. Schedule 1: Business Plan: Detailed operational and strategic plans

2. Schedule 2: Financial Projections: Expected costs, revenues, and profit sharing calculations

3. Schedule 3: Partner Contributions: List of initial and ongoing contributions by each partner

4. Schedule 4: Key Performance Indicators: Metrics for measuring partnership success

5. Appendix A: Service Level Agreements: Detailed service standards and expectations

6. Appendix B: Compliance Requirements: Industry-specific regulatory requirements

Authors

Alex Denne

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

Relevant legal definitions



























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Industries

Partnership Act (Chapter 391): Primary legislation governing the formation, operation, and dissolution of partnerships in Singapore

Companies Act (Chapter 50): Fundamental legislation governing corporate entities and their operations in Singapore

Business Names Registration Act 2014: Regulates the registration and use of business names in Singapore

Competition Act (Chapter 50B): Promotes competition in markets and prohibits anti-competitive practices

Personal Data Protection Act 2012: Governs the collection, use, disclosure, and care of personal data

Electronic Transactions Act: Provides legal framework for electronic transactions and digital signatures

Copyright Act: Protects original works and regulates intellectual property rights related to creative works

Trade Marks Act: Governs the registration and protection of trademarks in Singapore

Patents Act: Regulates the registration and protection of patents and inventions

Income Tax Act: Governs taxation of income for businesses and individuals in Singapore

Goods and Services Tax Act: Regulates the implementation and collection of GST in Singapore

Arbitration Act: Provides framework for arbitration as a dispute resolution mechanism

Mediation Act: Promotes and facilitates the resolution of disputes through mediation

Consumer Protection (Fair Trading) Act: Protects consumers against unfair practices and provides additional rights in transactions

Common Law Principles: Fundamental principles of contract law based on case law and judicial precedents

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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