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Creative Partnership Agreement Template for India

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Key Requirements PROMPT example:

Creative Partnership Agreement

"I need a Creative Partnership Agreement for a digital animation studio partnership between three professional animators in Mumbai, with specific focus on international client work and IP rights for animated content, planned to commence from March 2025."

Document background
The Creative Partnership Agreement is essential for formalizing collaborative ventures in India's growing creative sector. This document is specifically designed for creative professionals, agencies, or studios looking to establish a formal partnership structure while protecting their artistic and commercial interests. It addresses unique aspects of creative collaborations including intellectual property rights, creative control, client management, and revenue sharing, all within the framework of Indian partnership and contract law. The agreement is particularly valuable when two or more creative entities or individuals wish to combine their talents and resources for ongoing collaborative work, rather than just project-based cooperation. It incorporates necessary provisions from the Indian Partnership Act 1932, while also considering modern creative industry practices and digital rights management.
Suggested Sections

1. Parties: Identification and details of all partners entering the creative partnership

2. Background: Context of the partnership formation and partners' general intentions

3. Definitions: Defined terms used throughout the agreement

4. Partnership Structure: Legal form of partnership, ownership percentages, and capital contributions

5. Scope of Partnership: Define the creative field(s) and activities covered by the partnership

6. Intellectual Property Rights: Ownership, usage, and protection of creative works and IP developed within the partnership

7. Management and Decision Making: Day-to-day management structure and voting rights for key decisions

8. Financial Arrangements: Profit sharing, loss bearing, accounting practices, and financial management

9. Operating Procedures: Standard procedures for project acceptance, execution, and delivery

10. Rights and Obligations: Specific duties and responsibilities of each partner

11. Non-Compete and Confidentiality: Restrictions on competitive activities and protection of confidential information

12. Term and Termination: Duration of partnership and conditions for termination

13. Dispute Resolution: Process for resolving disagreements between partners

14. Governing Law: Applicable laws and jurisdiction

Optional Sections

1. Digital Rights Management: Specific provisions for managing digital content and online distribution

2. International Projects: Additional terms for handling international clients or projects

3. Client Management: Procedures for client acquisition, retention, and relationship management

4. Equipment and Resources: Terms for shared equipment, studio space, or other physical resources

5. Insurance: Requirements for professional indemnity and other relevant insurance coverage

6. Third-Party Collaborations: Process for engaging and managing external collaborators

7. Training and Skill Development: Provisions for partner training and professional development

8. Social Media and Marketing: Guidelines for partnership promotion and social media presence

Suggested Schedules

1. Schedule A - Capital Contributions: Detailed list of initial and ongoing capital contributions by each partner

2. Schedule B - Profit Sharing Ratio: Specific breakdown of profit sharing arrangements and calculations

3. Schedule C - Creative Services: Comprehensive list of creative services offered by the partnership

4. Schedule D - Equipment Inventory: List of partnership-owned equipment and resources

5. Schedule E - Key Clients: List of existing clients and their allocation between partners

6. Schedule F - IP Portfolio: Inventory of existing IP brought into the partnership by each partner

7. Appendix 1 - Operating Procedures Manual: Detailed procedures for day-to-day operations and project management

8. Appendix 2 - Brand Guidelines: Partnership branding and visual identity guidelines

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































Clauses









































Relevant Industries

Media & Entertainment

Advertising

Digital Marketing

Graphic Design

Film & Video Production

Photography

Visual Arts

Music & Audio Production

Animation

Gaming

Web Development

Fashion Design

Interior Design

Publishing

Performance Arts

Relevant Teams

Legal

Operations

Creative Services

Business Development

Finance

Project Management

Production

Content Creation

Design

Client Services

Partnership Management

Administrative

Relevant Roles

Creative Director

Studio Owner

Art Director

Managing Partner

Business Development Manager

Legal Counsel

Operations Manager

Project Manager

Production Manager

Content Director

Design Manager

Financial Controller

Partnership Manager

Creative Producer

Studio Manager

Talent Manager

Industries






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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