This strategic partnership agreement template has 5 pages and is a MS Word file type listed under our sales & marketing documents.
Sample of our strategic partnership agreement template:
STRATEGIC PARTNERSHIP AGREEMENT This Strategic Partnership Agreement (the "Agreement") is effective [DATE], BETWEEN: [COMPANY A NAME] (the "First Party"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its principal place of business located at: [COMPLETE ADDRESS] AND: [COMPANY B NAME] (the "Second Party"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its principal place of business located at: [COMPLETE ADDRESS] WHEREAS, the First Party and the Second Party wish to enter into a strategic partnership to collaborate on [SPECIFY GOAL OR AREA OF COLLABORATION] to achieve mutual benefits; NOW, THEREFORE, in consideration of the mutual promises and agreements contained herein, the Parties hereto agree as follows: PURPOSE OF THE PARTNERSHIP Purpose: The purpose of this Agreement is to establish a strategic partnership between the First Party and the Second Party to [DESCRIBE SPECIFIC OBJECTIVES, e.g., combine resources, share technology, enhance market reach, etc.] in [SPECIFIC INDUSTRY/AREA]. Mutual Benefits: Both Parties acknowledge that this partnership is intended to be mutually beneficial, leveraging the expertise and resources of each Party to achieve common goals and create value for both organizations. SCOPE OF COLLABORATION 2.1 Joint Activities: The Parties agree to collaborate on the following activities in connection with the strategic partnership: [LIST SPECIFIC ACTIVITIES, e.g., joint marketing initiatives, product development, sharing of market research, etc.] [LIST ADDITIONAL SPECIFIC ACTIVITIES] 2.2 Division of Responsibilities: Each Party agrees to take responsibility for the following tasks: First Party Responsibilities: [LIST RESPONSIBILITIES] Second Party Responsibilities: [LIST RESPONSIBILITIES] 2.3 Independent Development: Each Party retains the right to independently develop and pursue its own business opportunities outside of the scope of this partnership, provided that such activities do not conflict with the terms of this Agreement. PARTNERSHIP TERMS AND DURATION 3.1 Effective Date: This Agreement shall become effective on [START DATE] and will remain in effect for a period of [NUMBER OF YEARS] years unless terminated earlier in accordance with the terms of this Agreement. 3.2 Renewal: Upon mutual written agreement, the Parties may renew this Agreement for additional [NUMBER OF YEARS] year terms. CONFIDENTIALITY 4.1 Confidential Information: Each Party acknowledges that during the course of this partnership, it may receive confidential or proprietary information from the other Party. Both Parties agree to maintain the confidentiality of all such information and not to disclose it to any third party without prior written consent. 4.2 Exclusions: Confidential Information does not include information that: a) Is already known to the receiving Party at the time of disclosure; b) Becomes publicly known through no fault of the receiving Party; c) Is lawfully received from a third party without breach of this Agreement. 4.3 Obligations Post-Termination: The confidentiality obligations under this Agreement shall survive the termination or expiration of this Agreement for a period of [NUMBER OF YEARS] years. FINANCIAL TERMS 5.1 Cost Sharing: The Parties agree to share costs related to the partnership activities as follows: First Party will be responsible for [LIST COSTS]. Second Party will be responsible for [LIST COSTS]. 5.2 Revenue Sharing: If applicable, any revenues generated from joint activities shall be shared between the Parties in the following proportions: First Party: [PERCENTAGE]% Second Party: [PERCENTAGE]% INTELLECTUAL PROPERTY 6.1 Ownership of Existing IP: Each Party shall retain ownership of its respective intellectual property (IP) that was created or developed prior to entering into this Agreement. 6
