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Business Relationship Agreement

Business Relationship Agreement Template for India

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Key Requirements PROMPT example:

Business Relationship Agreement

"I need a Business Relationship Agreement to formalize a strategic partnership between my IT services company and a manufacturing firm in Bangalore, with specific focus on data protection and IP rights for software development services starting March 2025."

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Document background
The Business Relationship Agreement serves as a foundational document for establishing formal business partnerships and collaborations in India. It is essential when entities wish to create a structured framework for their business interactions while ensuring compliance with Indian legal requirements. This agreement type is particularly valuable for defining the parameters of ongoing business relationships, whether they involve service provision, distribution arrangements, strategic partnerships, or other forms of business cooperation. The document addresses key aspects such as commercial terms, confidentiality, intellectual property rights, and dispute resolution, while incorporating necessary provisions to comply with Indian contract law and other relevant regulations. It provides flexibility to accommodate various business models while maintaining legal robustness and enforceability under Indian jurisdiction.
Suggested Sections

1. Parties: Identification and details of the parties entering into the agreement

2. Background: Context and purpose of the business relationship

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Relationship: Detailed description of the business relationship and its boundaries

5. Term and Termination: Duration of the agreement and circumstances for termination

6. Rights and Obligations: Core responsibilities and rights of each party

7. Commercial Terms: Key commercial arrangements including pricing, payment terms, and financial obligations

8. Confidentiality: Provisions for handling confidential information

9. Intellectual Property Rights: Protection and usage of existing and newly created IP

10. Representations and Warranties: Statements of fact and promises made by each party

11. Indemnification: Protection against losses and liability arrangements

12. Dispute Resolution: Process for handling disagreements and conflicts

13. Governing Law: Specification of Indian law as governing law and jurisdiction

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

Optional Sections

1. Non-Compete: Restrictions on competitive activities - include when parties may become competitors

2. Data Protection: Specific provisions for handling personal data - include when personal data processing is involved

3. Force Majeure: Provisions for unforeseen circumstances - particularly relevant post-COVID

4. Anti-Corruption: Compliance with anti-corruption laws - include when dealing with government entities or high-risk sectors

5. Insurance: Insurance requirements - include when physical assets or high-risk activities are involved

6. Exclusivity: Exclusive dealing provisions - include when parties want exclusive arrangements

7. Change of Control: Provisions for ownership changes - include when dealing with larger corporations

8. Foreign Exchange Compliance: FEMA compliance clauses - include when cross-border elements exist

9. Environmental Compliance: Environmental protection provisions - include for manufacturing or resource-based relationships

Suggested Schedules

1. Schedule 1 - Service Levels: Detailed performance metrics and standards

2. Schedule 2 - Pricing and Payment Terms: Detailed pricing structures, payment schedules, and financial terms

3. Schedule 3 - Key Personnel: List of key contacts and responsible personnel from each party

4. Schedule 4 - Technical Specifications: Technical requirements and specifications relevant to the relationship

5. Schedule 5 - Compliance Requirements: Specific regulatory and compliance requirements

6. Appendix A - Form of Notice: Standard templates for formal notices under the agreement

7. Appendix B - Change Control Procedure: Process for managing changes to the agreement or relationship

8. Appendix C - Dispute Resolution Procedure: Detailed steps for dispute resolution process

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions












































Clauses








































Relevant Industries

Information Technology

Manufacturing

Professional Services

Retail

Healthcare

Financial Services

Telecommunications

E-commerce

Automotive

Real Estate

Energy

Logistics and Supply Chain

Education

Media and Entertainment

Relevant Teams

Legal

Commercial

Business Development

Procurement

Operations

Compliance

Finance

Strategy

Risk Management

Corporate Affairs

Vendor Management

Partner Relations

Relevant Roles

Chief Executive Officer

Chief Legal Officer

General Counsel

Business Development Manager

Commercial Director

Chief Operating Officer

Procurement Manager

Contract Manager

Legal Counsel

Partnership Manager

Relationship Manager

Compliance Officer

Chief Financial Officer

Operations Director

Strategy Director

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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