PARTNERSHIP AGREEMENT
This Agre
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ement is made on ______________ by and between
__________________ (hereinafter referred to as the “Company”) and
______________________ (hereinafter referred to as the “Partner”). 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 the Company, being the complete owner of the trademark
DbestWon, agrees for the Partner to create content.
2. Term.
This Agreement shall be from the date of signing hereof (hereinafter referred to as
the “Effective Date”) until the agreement is terminated.
3. Ownership.
Parties herein agree and acknowledge that the partner products of the collaboration
with the Company in social media gameplay, reviewing videos, etc. are owned
exclusively by the Company and have full access to them.
The Partner herein agrees not to institute any suit or claims against the company in
regard to ownership of the videos.
4. Termination of Agreement
The Parties agree that either Party may terminate this Agreement at any time with
prior written notice to the other Party.
Termination shall be for the following reasons but not limited to; –
i. Illegal acts
ii. Breach of any term 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 _________________.
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 COMPANY; –
Signature:
_____________________________
Name:
________________________________
Date:
_________________________________
Signed by the PARTNER; –
Signature:
_____________________________
Name:
________________________________
Date:
_________________________________