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Partner Agreement Contract
"Need a Partner Agreement Contract for a new tech startup partnership in Singapore between my software development company and a digital marketing agency, with specific provisions for IP sharing and a 60-40 profit split, starting from March 2025."
1. Parties: Identifies and defines all parties to the agreement with full legal names and addresses
2. Background: Outlines the context and purpose of the partnership agreement
3. Definitions: Defines key terms used throughout the agreement
4. Partnership Structure: Defines the nature and type of partnership relationship
5. Rights and Obligations: Details the responsibilities and rights of each partner
6. Financial Arrangements: Covers profit sharing, capital contributions, and financial management
7. Governance: Outlines decision-making processes and management structure
8. Confidentiality: Provisions regarding confidential information and trade secrets
9. Term and Termination: Specifies duration and conditions for ending the partnership
10. Dispute Resolution: Procedures for resolving disputes between partners
11. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law
1. Non-Compete Provisions: Restrictions on competitive activities when partners may have access to sensitive business information
2. International Operations: Provisions for cross-border activities when partnership involves international operations
3. Intellectual Property Rights: Management of IP created during partnership, used when partnership involves creation or use of IP
4. Insurance Requirements: Specific insurance obligations for partners when business activities require particular coverage
5. Data Protection: Specific provisions related to PDPA compliance when handling personal data
1. Schedule 1 - Business Plan: Detailed business strategy and objectives
2. Schedule 2 - Capital Contributions: Detailed breakdown of each partner's capital contribution
3. Schedule 3 - Profit Sharing Formula: Detailed calculation method for profit distribution
4. Appendix A - Partner Details: Detailed information about each partner including contact details
5. Appendix B - Operating Procedures: Day-to-day operational guidelines and procedures
6. Appendix C - Compliance Requirements: List of applicable regulatory requirements and compliance procedures
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