AGREEMENT OF PARTNERSHIP
This AGREEMENT (‘’this Agreement’’) is entered into between [Name of Company] of address [ADDRESS] (“Service Provider/Consultancy Company”) and [NAME] of address [ADDRESS] (“Partner Company”) on [DATE].
NOW, THEREFORE, in consideration of the premises, and of the mutual promises and undertakings herein contained, the parties, intending to be legally bound, do agree as follows:
- SERVICES
- The consultancy company agrees to offer the Partner Company’s products to Consultancy Company customers.
- The Consultancy Company will add reasonable margin on top of the standard software and service price.
- The pricing of the software product and service is to be agreed upon by the parties on a case by case basis.
- TERM
- This agreement shall be effective for a period of two years (2 years) unless terminated according to the terms of this Agreement.
- After the two-year period, the agreement shall operate indefinitely.
- CONSIDERATION
In consideration of the services provided by the Consultancy Company, the Consultancy Company will be entitled to a ________ % of the total sales.
- CONFIDENTIALITY
Neither Party will use, copy, adapt, alter or part with possession of any information of the other which is disclosed or otherwise comes into its possession under or in relation to this Agreement and which is of a confidential nature. This obligation will not apply to information which the recipient can prove was in its possession at the date it was received or obtained or which the recipient obtains from some other person with good legal title to it or which is in or comes into the public domain otherwise than through the default or negligence of the recipient or which is independently developed by or for the recipient.
- INTELLECTUAL PROPERTY
The Parties acknowledge and agree that they both have intellectual property to be protected. Each party agrees to respect the intellectual property of the other by not infringing any intellectual property including, but not limited to, copyright and trademark rights.
- RELATIONSHIP
The Parties acknowledge and agree that the Services performed by the Consultancy Company, its employees, agents or sub-contractors shall be as a partner until otherwise agreed upon by the parties.
- TERMINATION
Either Party to this Agreement may terminate this Agreement upon a written notice of termination to the other Party. Unless otherwise mutually agreed to in writing, upon the termination of this Agreement, any arrangement for Services then in effect will immediately terminate.
- ENTIRETY
This contract represents the entire agreement between the two parties and supersedes any previous written or oral agreement. This agreement may be modified at any time, provided there is written consent of both parties to this contract.
- SEVERABILITY
The parties agree that if any portion of this contract is found to be void or unenforceable, it shall be struck from the record and the remaining provisions will retain their full force and effect.
- JURISDICTION
This contract shall be governed, interpreted, and construed in accordance with the laws of [STATE, PROVINCE OR TERRITORY].
In Witness Whereof, this Agreement is duly executed by the duly authorized representatives of the parties as set forth below:
___________________________________ ___________________________
Partner Company’s Signature Date
___________________________________ ___________________________
Consultancy Company Official Signature Date
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