Document background
The Pre Partnership Agreement is a critical document used when two or more parties are considering entering into a formal business partnership in Belgium but wish to establish clear parameters for their preliminary discussions and evaluations. This document becomes relevant when parties need to share sensitive information, conduct due diligence, or explore potential collaboration while maintaining confidentiality and protecting their interests. The agreement typically includes provisions for information exchange, exclusivity periods, cost allocation, and potential deal structure, all aligned with Belgian legal requirements. It serves as a protective framework during the negotiation phase, helping parties maintain clarity and legal compliance while they work towards potentially establishing a formal partnership. The document is particularly important in the Belgian business context, where formal preliminary agreements are commonly used to structure business negotiations and protect parties' interests during the pre-contractual phase.
