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Master Partnership Agreement
"Need a Master Partnership Agreement for a technology joint venture between our US-based software company and a European hardware manufacturer, with specific focus on IP protection and international revenue sharing, to be effective from March 2025."
1. Parties: Identification and details of all parties entering into the partnership agreement
2. Background: Context and purpose of the partnership arrangement
3. Definitions: Key terms and their meanings as used throughout the agreement
4. Partnership Structure: Legal form, ownership structure, and capital contributions
5. Management and Control: Decision-making processes, voting rights, and management responsibilities
6. Financial Arrangements: Profit sharing, losses, accounts, and financial management
7. Term and Termination: Duration of partnership and conditions for termination
8. Governing Law: Applicable jurisdiction and legal framework
1. Intellectual Property Rights: IP ownership and licensing arrangements - include when IP assets are involved in the partnership
2. Non-Compete: Restrictions on competitive activities - include when protecting market position is crucial
3. Insurance: Required insurance coverage - include when specific risks need to be managed
4. International Operations: Cross-border considerations - include for international partnerships
1. Schedule A - Initial Capital Contributions: Detailed breakdown of partners' initial investments
2. Schedule B - Profit Sharing Ratios: Agreed distribution of profits and losses
3. Schedule C - Partnership Assets: List of assets owned by the partnership
4. Schedule D - Management Structure: Organizational chart and management roles
5. Appendix 1 - Business Plan: Initial business plan and objectives
6. Appendix 2 - Partner Requirements: Specific obligations and commitments of each partner
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