Partnership Agreements
Partnership Agreements for Technology Businesses
Why do you need a Partnership Agreement?
Teamwork makes the dream work, as they say. Companies joining forces on a project, pulling resources and sharing information can help all parties involved. But who gets paid what? Which company takes the lead? Who is liable for mistakes and delays? This is where a Partnership Agreement comes in.
Speak to an expertWhat is a Partnership Agreement?
Our Partnership Agreement has been specifically designed for technology businesses including Microsoft Partners who wish to join forces on a project for a customer, or they wish to mutually refer customers to each other. This agreement contains all the intricacies and contractual promises made between the Partners.
Speak to an expertPartnership Agreements
Table of contents
View the contents of a Partnership Agreements
Partnership Agreements contents
1. Interpretation
2. Provision of services
3. Responsibilities of the parties
4. Existing arrangements
5. Statements if work and change requests
6. Price and payment
7. Acceptance
8. Intellectual property rights
9. Data protection
10. Exclusions and limitations of liability
11. Confidentiality
12. Anit-bribery
13. Term and termination
14. Force majeure
15. Entire agreement
16. Staff transfer and non-solicitation
17. No partnership or agency
18. Variation
19. Assignment and other dealings
20. No automation waiver
21. Severance
22. Notice
23. Third party rights
24. Governing law
25. Jurisdiction
Key facts
Get the key facts for a Partnership Agreements
The agreement should be agreed and signed before the partnership can begin, otherwise neither party will have a contractual obligation to the other.
Either partner may amend the terms of a Partnership Agreement if it is agreed, in writing, by both parties. However, if the parties have created, or are bound by, another contract that runs alongside the Partnership agreement (Statement of Work or Back-to-back Agreement), parties will have to follow the change procedure of that contract as well.
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Used by
- Managed Services Providers
- ISV, Software, Apps and IP
- System Integrators Professional Services Consultancy Partners
- Hosting Partners
- Licensing Partners
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