PARTNERSHIP AGREEMENT
This Agreement is made on ______________ by and between
__________________ (hereinafter referred to as the “Party A”) and
______________________ (hereinafter referred to as the “Party B”). Together
referred to as “Parties.”
In consideration of the mutual covenants and agreements herein contained, the
Parties hereby agree as follows:
1. Purpose.
It is hereby agreed that Party A will assist Party B to commercialize their business.
2. Term.
This Agreement shall be from 10/1/2022 (hereinafter referred to as the “Effective
Date”) to 2/31/2023.
3. Payment.
Parties herein agree that Reynolds Consulting will receive 50% of Power of the
Lamb’s Teachable profits for the first four months of working together, after which
parties will work out a more long-term partnership.
The payment herein will be made on a Weekly basis.
4. Termination of Agreement
The Parties agree that by agreement either Party may terminate this Agreement at
any time to nullify the agreement and all the duties defined herein.
5. Confidentiality
Parties agree that all terms and conditions of this Agreement and any confidential
information provided by either party during the Term of this Agreement must be kept
confidential unless disclosure is required according to the process of law.
Disclosing or using this information for any purpose beyond the scope of this
Agreement (or beyond the exceptions set forth above) is expressly forbidden without
the Parties’ prior consent.
The Parties’ obligation to maintain confidentiality will survive termination of this
Agreement and remain in effect indefinitely.
6. Limitation of Liability
Under no circumstances will either Party be liable for any indirect, consequential, or
punitive damages, including lost profits arising out of or relating to this Agreement or
the transactions it contemplates (including breach of Agreement, tort, negligence, or
another form of action) if said damage is the direct result of one of the Party’s
negligence or breach.
7. Amendments
This Agreement may not be enlarged, modified, altered, or otherwise amended
except in writing, signed by the Parties hereto, and endorsed.
8. Dispute Resolution
Each Party hereto agrees to use its best efforts to settle amicably by mediation all
disputes arising out of or in connection with this Agreement or its interpretation.
Any dispute arising out of or in connection with this Agreement incapable of being
resolved by mediation by the Parties shall be referred to arbitration under the
applicable arbitral laws.
9. Waiver
A waiver of any right or remedy under this Agreement or by law is only effective if
given in writing and shall not be deemed a waiver of any subsequent breach or
default.
10. Severability
The invalidity or unenforceability of any particular provision of this Agreement or
portion thereof shall not affect the other provisions or parts that shall be severed
from this Agreement. The remaining provisions shall remain in full force and effect.
11. Governing Law.
This Agreement shall be governed, construed, interpreted, and enforced in
accordance with the Laws of the State of California.
12. Entire Agreement
This Agreement constitutes the entire Agreement between the parties. It supersedes
all prior agreements; statements, promises, or inducements made by either Party or
Agent that are not contained in this Agreement shall be valid or binding.
IN WITNESS WHEREOF, each Party has executed this Agreement, by its duly
authorized representative, as of the day and year set forth below.
Signed by the PARTY A; –
Signature: ________________________
Name: ___________________________
Date: ____________________________
Signed by the PARTY B; –
Signature:
_______________________
Name:
__________________________
Date:
___________________________
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