Partnership Agreement Between Two Companies

Partnership Agreement Between Two Companies Template for Indonesia

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Key Requirements PROMPT example:

"I need a Partnership Agreement Between Two Companies for a joint venture between an Indonesian tech startup and a Singapore-based software development company, focusing on AI development and data sharing, with operations starting March 2025."

Document background

A Partnership Agreement Between Two Companies is a crucial legal document used when two corporate entities in Indonesia decide to collaborate in a business venture. This agreement is essential for companies looking to combine resources, expertise, or market presence while maintaining their separate legal identities. The document must comply with Indonesian legal requirements, including the Indonesian Civil Code, Commercial Code, and relevant corporate regulations. It typically covers essential aspects such as capital contributions, profit-sharing mechanisms, management structure, intellectual property rights, and termination procedures. This type of agreement is particularly important in Indonesia's growing business landscape, where cross-industry partnerships and joint ventures are becoming increasingly common. The document serves as both a legal framework and operational guideline, ensuring clear understanding and protection of both parties' interests while facilitating successful business collaboration.

Suggested Sections

1. Parties: Identifies the contracting companies with their full legal names, registration numbers, and registered addresses

2. Background: Sets out the context of the partnership and the parties' intentions

3. Definitions: Defines key terms used throughout the agreement

4. Partnership Scope and Objectives: Clearly defines the purpose and scope of the partnership

5. Term and Commencement: Specifies the duration of the partnership and when it becomes effective

6. Contributions and Capital: Details the financial, asset, or resource contributions of each party

7. Profit and Loss Sharing: Specifies how profits and losses will be distributed between the parties

8. Management and Control: Outlines the management structure and decision-making processes

9. Rights and Obligations: Details the specific rights and responsibilities of each party

10. Intellectual Property Rights: Addresses ownership and usage of intellectual property

11. Confidentiality: Defines confidential information and obligations to protect it

12. Termination: Specifies grounds and procedures for ending the partnership

13. Governing Law and Dispute Resolution: Specifies Indonesian law as governing law and outlines dispute resolution procedures

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

Optional Sections

1. Non-Competition: Include when parties need restrictions on competing activities

2. Insurance: Include when specific insurance requirements need to be maintained

3. Force Majeure: Include when parties want specific provisions for unforeseen circumstances

4. Assignment: Include when transfer of rights needs to be specifically regulated

5. Employee Matters: Include when the partnership involves shared employees or staff transfers

6. Environmental Compliance: Include for partnerships involving environmental impacts

7. Foreign Investment Provisions: Include when one party is a foreign entity

8. Tax Matters: Include when specific tax arrangements need to be addressed

Suggested Schedules

1. Business Plan: Detailed business plan and strategic objectives of the partnership

2. Capital Contributions Schedule: Detailed breakdown of each party's capital contributions

3. Asset Register: List of assets contributed to or owned by the partnership

4. Key Personnel: List of key management personnel and their roles

5. Intellectual Property Register: Detailed list of IP rights owned or licensed by each party

6. Service Level Agreements: Specific performance metrics and service standards

7. Profit Distribution Methodology: Detailed calculations for profit sharing

8. Compliance Requirements: List of specific regulatory requirements and compliance procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok��˰� | 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

Manufacturing

Technology

Retail

Financial Services

Agriculture

Mining

Construction

Healthcare

Education

Transport and Logistics

Energy

Telecommunications

Professional Services

Tourism and Hospitality

E-commerce

Relevant Teams

Legal

Corporate Affairs

Finance

Business Development

Operations

Compliance

Risk Management

Corporate Secretariat

Commercial

Strategy

Executive Leadership

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Director

Corporate Secretary

Chief Financial Officer

Managing Director

Business Development Director

Commercial Director

Operations Director

Partnership Manager

Legal Counsel

Contract Manager

Compliance Officer

Risk Manager

Board Member

Company Director

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