Why 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.
What is a Partnership Agreement?
Our Partnership Agreement has been specifically designed for Microsoft Partners who wish to join forces on a project for a customer, or wish to mutually refer customers to each other. This agreement contains all the intricacies and contractual promises made between the Partners.
Frequently Asked Questions
Q: When should I use a Partnership Agreement?
A: The agreement should be agreed and signed before the partnership can begin, otherwise neither party will have a contractual obligation to the other.
Q: Can a partner change the terms of a Partnership Agreement?
A: 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.
Partnership Agreement table of contents
2. Provision of services
3. Responsibilities of the parties
4. Existing arrangements
5. Statements if work and change requests
6. Price and payment
8. Intellectual property rights
9. Data protection
10. Exclusions and limitations of liability
13. Term and termination
14. Force majeure
15. Entire agreement
16. Staff transfer and non-solicitation
17. No partnership or agency
19. Assignment and other dealings
20. No automation waiver
23. Third party rights
24. Governing law
Get the key facts of the Managed Services Contract
Contact the Law 365 team about this agreement
For these Microsoft Partners
- Managed Services Provider
- ISV, Software, Apps and IP
- System Integrators Professional Services Consultancy Partners
- Hosting Partners
- Licensing Partners
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This is a 'Forever template'
We will continually update this template with the frequent Microsoft updates such as CSP and other flow down terms, plus we will update the relevant terms to ensure you can claim as many rebates as possible, and get recognised by Microsoft such as CPoR, (Claims Partner of Record) DPoR (Digital Partner of Record), and PAL (Partner Admin Link).
We will also continually update this template as the law changes, for example, GDPR (General Data Protection Regulation) and the effects of Brexit on our laws, as we untangle ourselves from the European Union.