The Business Cooperation Agreement serves as a cornerstone document for companies seeking to formalize their collaborative relationships under English and Welsh law. It is particularly valuable when businesses want to combine resources, expertise, or market presence while maintaining their separate legal identities. The agreement addresses key aspects such as profit sharing, risk allocation, intellectual property rights, confidentiality, and operational responsibilities. It provides legal certainty while remaining flexible enough to accommodate various forms of business cooperation, from joint ventures to strategic alliances.
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1. Parties: Details of the contracting parties including registered addresses and company numbers
2. Background: Context of the agreement and high-level objectives
3. Definitions: Defined terms used throughout the agreement
4. Scope of Cooperation: Detailed description of the business relationship and mutual obligations
5. Term and Termination: Duration of agreement and termination provisions
6. Confidentiality: Protection of confidential information exchanged
7. Intellectual Property: Ownership and usage rights of IP
8. Liability and Indemnification: Risk allocation between parties
9. Governing Law and Jurisdiction: Applicable law and dispute resolution
1. Financial Arrangements: Payment terms and revenue sharing when cooperation involves financial transactions
2. Data Protection: Data handling and GDPR compliance provisions for when personal data is processed
3. Non-Competition: Restrictions on competing activities when protecting market position is crucial
4. Force Majeure: Provisions for unforeseen circumstances in long-term commitments
1. Schedule 1 - Services Description: Detailed specification of services or cooperation activities
2. Schedule 2 - Commercial Terms: Pricing, payment terms, and commercial arrangements
3. Schedule 3 - Key Personnel: List of key contacts and their roles
4. Schedule 4 - Service Levels: Performance metrics and standards
5. Appendix A - Technical Requirements: Technical specifications and requirements
Relevant legal definitions
Clauses
Relevant Industries
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Relevant Roles
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