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The Software Development Partnership Agreement is essential for businesses entering into collaborative software development ventures in Malaysia. This document is particularly relevant when two or more entities wish to combine their technical expertise, resources, and business capabilities to develop software products or solutions. It addresses crucial aspects such as partnership structure, development methodology, intellectual property ownership, profit sharing, and operational management while ensuring compliance with Malaysian legal requirements. The agreement is structured to protect both parties' interests while facilitating efficient collaboration, incorporating necessary provisions from Malaysian partnership law, intellectual property legislation, and data protection regulations. It is commonly used for both project-specific partnerships and long-term development collaborations.
