AGREEMENT OF PARTNERSHIP

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:

  1. SERVICES
    1.1 The consultancy company agrees to offer the Partner Company’s products to Consultancy
    Company customers.
    1.2 The Consultancy Company will add reasonable margin on top of the standard software
    and service price.
    1.3 The pricing of the software product and service is to be agreed upon by the parties on a
    case by case basis.
  2. TERM
    2.1 This agreement shall be effective for a period of two years (2 years) unless terminated
    according to the terms of this Agreement.
    2.2 After the two-year period, the agreement shall operate indefinitely.
  3. CONSIDERATION
    In consideration of the services provided by the Consultancy Company, the Consultancy
    Company will be entitled to a __ % of the total sales.
  4. 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.

  1. 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.
  2. 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.
  3. 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.
  4. 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.

  1. 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.
  2. 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

At Legal writing experts, we would be happy to assist in preparing any legal document you need. We are international lawyers and attorneys with significant experience in legal drafting, Commercial-Corporate practice and consulting. In the last few years, we have successfully undertaken similar assignments for clients from different jurisdictions. If given this opportunity, The LegalPen will be able to prepare the legal document within the shortest time possible. You can send us your quick enquiry ( here )