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Business Agreement Between Two Companies
"I need a Business Agreement Between Two Companies to establish a software development partnership with a UK-based tech company, including specific IP protection clauses and milestone-based payments starting from March 2025."
1. Parties: Details of the contracting companies including registered addresses and company numbers
2. Background: Context and purpose of the agreement
3. Definitions: Defined terms used throughout the agreement
4. Services/Goods: Detailed description of what is being provided
5. Payment Terms: Price, payment schedule, and invoicing details
6. Term and Termination: Duration of agreement and termination provisions
7. Confidentiality: Protection of confidential information
8. Governing Law: Specification of English and Welsh law jurisdiction
1. Data Protection: Required when personal data is processed or shared between parties
2. Intellectual Property: IP ownership and licensing provisions when IP is created or transferred
3. Force Majeure: Provisions for unforeseen circumstances, typically used in long-term agreements
4. Non-Competition: Restrictions on competitive activities when market position protection is needed
1. Schedule 1 - Services/Goods Specification: Detailed description of deliverables
2. Schedule 2 - Pricing Schedule: Detailed pricing breakdown
3. Schedule 3 - Service Levels: Performance metrics and standards
4. Schedule 4 - Key Personnel: List of key staff involved in delivery
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