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Preferred Partnership Agreement
"Need a Preferred Partnership Agreement for my UK-based software company to establish an exclusive partnership with a German distributor, including specific revenue-sharing targets and territorial rights for the DACH region starting March 2025."
1. Parties: Identification and details of all partnership parties
2. Background: Context and purpose of the partnership agreement
3. Definitions: Key terms used throughout the agreement
4. Partnership Structure: Details of partnership type, roles, and responsibilities
5. Capital Contributions: Initial and ongoing capital requirements
6. Profit and Loss Sharing: Distribution of profits and allocation of losses
7. Management Rights: Decision-making processes and authority
8. Term and Termination: Duration and conditions for ending the partnership
1. Non-Competition: Restrictions on competing activities and protections for when partners may have competing interests
2. Intellectual Property Rights: Ownership and use of IP within the partnership, including pre-existing and newly created IP
3. International Operations: Provisions governing cross-border activities and international governance requirements
1. Schedule 1: Capital Contributions: Detailed breakdown of initial and planned capital contributions from each partner
2. Schedule 2: Business Plan: Initial business plan and strategy for the partnership
3. Schedule 3: Partner Information: Detailed information about each partner including contact details and representatives
4. Appendix A: Partnership Policies: Key operational policies and procedures governing partnership activities
5. Appendix B: Asset Register: Comprehensive list of partnership assets and their ownership status
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