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Non Binding Partnership Agreement Template for Ireland

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Key Requirements PROMPT example:

Non Binding Partnership Agreement

"I need a Non-Binding Partnership Agreement under Irish law for a potential collaboration between my software development company and a cloud services provider, with specific focus on data protection and intellectual property provisions for a joint AI development project starting in March 2025."

Document background
The Non-Binding Partnership Agreement is commonly used in Ireland when organizations wish to formalize their intention to collaborate while maintaining flexibility during the exploratory phase of their relationship. This document type is particularly valuable when parties need to outline their proposed partnership structure, responsibilities, and resource commitments before conducting full due diligence or securing internal approvals. It serves as a stepping stone towards a potentially binding agreement while providing a clear framework for discussions and planning. The agreement, while non-binding, should still be carefully drafted to reflect Irish legal principles and business practices, particularly regarding partnership law and commercial relationships. It's especially useful for cross-border partnerships, joint ventures, research collaborations, and strategic alliances where parties need to align their expectations before making firm commitments.
Suggested Sections

1. Parties: Identification of all parties entering into the partnership arrangement

2. Background: Context of the partnership and reasons for entering into the arrangement

3. Definitions: Key terms used throughout the agreement

4. Non-Binding Nature: Clear statement that the agreement is not legally binding and represents only intentions of the parties

5. Purpose and Scope: Detailed description of the partnership's objectives and scope of activities

6. Roles and Responsibilities: General outline of each party's expected contributions and responsibilities

7. Resource Commitments: Intended contributions of time, money, assets, or other resources by each party

8. Decision Making Process: Framework for how parties will make decisions regarding the partnership

9. Communication: How parties will communicate and share information

10. Duration and Review: Intended timeframe of the partnership and process for reviewing arrangements

11. Termination: Process for ending the partnership arrangement

12. Confidentiality: Expectations regarding confidential information sharing and protection

13. Intellectual Property: Understanding regarding ownership and use of intellectual property

14. Signature Page: Space for parties to acknowledge the agreement

Optional Sections

1. Branding and Marketing: Guidelines for use of parties' brands and marketing activities, included when partnership involves public-facing activities

2. Reporting Requirements: Framework for progress reporting and evaluation, included for more structured partnerships

3. Dispute Resolution: Preferred approach to resolving disagreements, included for higher-value partnerships

4. Insurance: Expected insurance coverage by parties, included when activities carry significant risks

5. Data Protection: Specific provisions for handling personal data, included when partnership involves data sharing

6. Competition Compliance: Provisions ensuring compliance with competition law, included when parties are competitors

7. Third Party Rights: Statement regarding rights of third parties, included when partnership activities affect external stakeholders

Suggested Schedules

1. Schedule 1 - Project Plan: Detailed timeline and milestones for partnership activities

2. Schedule 2 - Resource Allocation: Specific breakdown of resources to be contributed by each party

3. Schedule 3 - Key Contacts: List of key personnel and their contact details

4. Schedule 4 - Communication Protocol: Detailed procedures for regular communications and meetings

5. Schedule 5 - Reporting Template: Standard format for progress reports if applicable

6. Appendix A - Due Diligence Information: Background information provided by parties during discussion phase

7. Appendix B - Relevant Policies: Copies of relevant internal policies that may affect the partnership

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




































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Relevant Industries

Technology

Healthcare

Education

Financial Services

Manufacturing

Professional Services

Research and Development

Retail

Telecommunications

Energy

Environmental Services

Construction

Media and Entertainment

Transportation

Agriculture

Relevant Teams

Legal

Business Development

Corporate Development

Strategy

Operations

Finance

Research and Development

Commercial

Innovation

Partnerships and Alliances

Project Management

Risk Management

Relevant Roles

Chief Executive Officer

Managing Director

Business Development Manager

Legal Counsel

Chief Operating Officer

Partnership Manager

Strategic Alliance Director

Head of Business Development

Commercial Director

Project Manager

Research Director

Innovation Manager

Chief Financial Officer

Operations Manager

Relationship Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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