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Partnership Framework Agreement
"I need a Partnership Framework Agreement under Swiss law for a technology joint venture between our software development company and a manufacturing firm, with specific focus on IP protection and revenue sharing from jointly developed IoT products launching in March 2025."
1. Parties: Identification and details of all partnership parties
2. Background: Context of the partnership and purpose of the framework agreement
3. Definitions and Interpretation: Key terms used throughout the agreement and rules of interpretation
4. Partnership Structure and Scope: Legal form of partnership, geographical scope, and general nature of activities covered
5. Term and Renewal: Duration of the framework agreement and renewal provisions
6. Partnership Principles: Core principles governing the partnership relationship including good faith, transparency, and collaboration
7. Contributions and Capital: Initial and ongoing contributions of partners, including capital, assets, or services
8. Profit and Loss Sharing: Mechanisms for sharing profits and losses between partners
9. Management and Decision Making: Governance structure, voting rights, and decision-making processes
10. Partner Rights and Obligations: Core rights and responsibilities of each partner
11. Financial Matters: Financial management, accounting principles, and reporting requirements
12. Intellectual Property: Ownership and usage rights of IP brought into or created during the partnership
13. Confidentiality: Protection and handling of confidential information
14. Liability and Indemnification: Allocation of risks and responsibilities between partners
15. Termination: Grounds and process for termination of the agreement
16. Post-Termination Obligations: Partners' obligations and rights after termination
17. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction for disputes
18. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Competition and Non-Solicitation: Used when partners need restrictions on competing activities or hiring each other's employees
2. Insurance: Required when specific insurance coverage needs to be maintained by partners
3. Compliance with Laws: Detailed section needed when partnership operates in regulated industries or multiple jurisdictions
4. Data Protection: Required when partnership involves processing of personal data
5. Force Majeure: Important for partnerships with operational activities that could be affected by external events
6. Step-In Rights: Used when certain partners need the right to take over specific obligations in case of default
7. Dispute Resolution: Detailed procedures for dispute resolution, including mediation, when preferred over direct court proceedings
1. Partner Details: Detailed information about each partner including registration details and contact information
2. Initial Contributions: Detailed list of initial contributions (capital, assets, IP, etc.) from each partner
3. Governance Procedures: Detailed procedures for meetings, voting, and decision-making
4. Financial Procedures: Detailed accounting procedures, reporting templates, and financial management rules
5. Business Plan: Initial business plan or strategy for the partnership
6. KPIs and Reporting Templates: Performance indicators and standard reporting formats
7. Form of Project Agreement: Template agreement for specific projects under the framework
8. Insurance Requirements: Detailed insurance requirements and minimum coverage levels
9. Authorized Representatives: List of authorized representatives for each partner and their powers
Authors
Financial Services
Technology and Software
Manufacturing
Professional Services
Healthcare and Life Sciences
Education and Research
Real Estate and Construction
Energy and Utilities
Retail and Consumer Goods
Transportation and Logistics
Media and Entertainment
Biotechnology
Consulting Services
Agricultural Technology
Clean Technology
Legal
Corporate Development
Finance
Strategy
Business Development
Risk and Compliance
Operations
Commercial
Partnership Management
Executive Leadership
Chief Executive Officer
Chief Legal Officer
General Counsel
Legal Director
Corporate Lawyer
Partnership Manager
Business Development Director
Chief Financial Officer
Commercial Director
Risk Manager
Compliance Officer
Strategy Director
Operations Director
Managing Partner
Investment Director
Alliance Manager
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