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Two Company Partnership Agreement
"Need a Two Company Partnership Agreement under Singapore law for a tech development partnership between my software company and a hardware manufacturer, with specific IP protection clauses and a profit-sharing model that allocates 60/40 based on investment contribution, starting March 2025."
1. Parties: Identification and details of both companies entering the partnership
2. Background: Context and purpose of the partnership agreement
3. Definitions: Key terms used throughout the agreement
4. Partnership Scope: Detailed description of partnership activities and limitations
5. Term and Termination: Duration of partnership and conditions for termination
6. Financial Arrangements: Revenue sharing, costs, and financial responsibilities
7. Obligations and Responsibilities: Duties and commitments of each party
1. Intellectual Property Rights: Provisions governing IP ownership, usage rights, and protection when partnership involves creation or sharing of IP
2. Non-Competition: Restrictions on competitive activities when partners operate in same or similar markets
3. International Operations: Rules and regulations for cross-border activities when partnership involves international operations
4. Data Protection: Data handling and privacy obligations when partnership involves personal data processing
1. Business Plan: Detailed operational and strategic plans for the partnership
2. Financial Terms Schedule: Detailed breakdown of financial arrangements, revenue sharing, and cost allocation
3. Service Level Agreement: Performance metrics and service standards for partnership operations
4. Key Personnel Schedule: List of key staff involved in partnership management and operations
5. IP Register: Comprehensive list of intellectual property assets involved in the partnership
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