Document background
The Master Partner Agreement serves as the cornerstone document for establishing formal business partnerships in India, providing a structured framework for collaborative business relationships. This agreement is typically used when companies wish to enter into long-term partnerships for activities such as distribution, service delivery, technology implementation, or joint business ventures. It includes detailed provisions covering commercial terms, operational procedures, compliance requirements, and risk allocation, all aligned with Indian legal requirements. The document is designed to be sufficiently flexible to accommodate various types of partnerships while maintaining compliance with Indian regulations, including the Indian Contract Act, Partnership Act, and relevant industry-specific legislation. The Master Partner Agreement typically includes comprehensive schedules and appendices that can be updated as the partnership evolves, without requiring amendments to the main agreement.
