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The Short Term Partnership Agreement is essential for businesses seeking to establish temporary collaborative relationships under German law. This document is particularly valuable when parties wish to pursue specific projects, market opportunities, or limited-duration business ventures without creating a permanent legal entity. It incorporates all necessary elements required by German commercial and civil law, including provisions from the Bürgerliches Gesetzbuch (BGB) and Handelsgesetzbuch (HGB). The agreement is structured to protect both parties' interests while maintaining flexibility for various business contexts, making it suitable for cross-industry applications. It addresses key aspects such as resource sharing, profit distribution, liability allocation, and intellectual property rights, while ensuring compliance with German regulatory requirements and business practices.

1. Parties: Identification and details of the partnering entities, including legal names, registration numbers, and addresses

2. Background: Context of the partnership and brief description of each party's business and the purpose of collaboration

3. Definitions: Key terms used throughout the agreement, ensuring clear interpretation

4. Partnership Scope and Objectives: Detailed description of the partnership's purpose, goals, and intended outcomes

5. Duration and Termination: Specific term of the partnership, including start date, end date, and early termination provisions

6. Roles and Responsibilities: Clear delineation of each partner's duties, contributions, and obligations

7. Financial Arrangements: Terms regarding cost sharing, profit distribution, and financial obligations

8. Intellectual Property Rights: Management of existing and newly created IP during the partnership

9. Confidentiality: Protection of confidential information exchanged during the partnership

10. Liability and Indemnification: Allocation of risks and responsibilities between partners

11. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction for dispute resolution

12. General Provisions: Standard clauses including notices, amendments, and severability