Non Binding Partnership Agreement Template for Belgium

A Non-Binding Partnership Agreement under Belgian law serves as a preliminary framework document outlining the intended collaboration between two or more parties without creating legally binding obligations. This document, governed by Belgian civil and commercial law, establishes the general principles, objectives, and intended structure of a partnership while explicitly maintaining its non-binding nature. It includes provisions for resource allocation, roles and responsibilities, confidentiality, and intellectual property considerations, all framed within the context of Belgian legal principles regarding pre-contractual relationships and good faith negotiations.

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What is a Non Binding Partnership Agreement?

The Non-Binding Partnership Agreement is typically used in Belgium when parties wish to formalize their intentions to collaborate without immediately entering into legally binding commitments. This document serves as a stepping stone toward more formal arrangements, allowing parties to outline their partnership vision while maintaining flexibility. It is particularly useful in cross-border collaborations, joint venture discussions, or when exploring innovative business partnerships. The agreement, while non-binding, still reflects Belgian legal principles regarding good faith negotiations and pre-contractual liability. It typically includes sections on intended resource commitments, confidentiality obligations, and partnership objectives, providing a clear framework for further discussions and potential future binding agreements. This type of agreement is especially relevant in today's fast-paced business environment where parties need to document their intentions while maintaining flexibility during the exploratory phase of their relationship.

What sections should be included in a Non Binding Partnership Agreement?

1. Parties: Identification and details of the parties entering into the partnership arrangement

2. Background: Context and circumstances leading to the partnership arrangement

3. Definitions: Key terms used throughout the agreement

4. Non-Binding Nature: Clear statement that the agreement is not legally binding and represents only intentions of the parties

5. Purpose and Scope: Objectives of the partnership and its intended scope of activities

6. Roles and Responsibilities: General outline of each party's expected contributions and roles

7. Resource Commitments: Intended allocation of resources, while maintaining non-binding nature

8. Duration and Timeline: Intended timeframe for the partnership arrangement

9. Confidentiality: Handling of confidential information exchanged during the partnership

10. Intellectual Property: Intended treatment of existing and newly created intellectual property

11. Communication: Framework for communication between parties

12. Termination: Circumstances under which parties may withdraw from the arrangement

13. Governing Law: Specification of Belgian law as governing law, while maintaining non-binding nature

What sections are optional to include in a Non Binding Partnership Agreement?

1. Cost Sharing: Include when parties intend to share costs of the partnership activities

2. Revenue Sharing: Include when partnership activities may generate revenue to be shared

3. Data Protection: Include when partnership involves processing of personal data

4. Press Releases and Public Announcements: Include when parties want to address public communications about the partnership

5. Non-Competition: Include when parties wish to express intention regarding competitive activities

6. Insurance: Include when specific insurance arrangements are contemplated

7. Environmental Commitments: Include when partnership involves environmental considerations

8. Social Responsibility: Include when partnership has specific social impact goals

What schedules should be included in a Non Binding Partnership Agreement?

1. Schedule 1 - Project Timeline: Detailed timeline of intended partnership activities and milestones

2. Schedule 2 - Resource Allocation: Detailed breakdown of intended resource commitments from each party

3. Schedule 3 - Communication Protocol: Detailed procedures for partnership communications and meetings

4. Schedule 4 - Technical Specifications: Technical details relevant to the partnership activities

5. Appendix A - Key Contacts: List of key personnel and their contact information

6. Appendix B - Reporting Templates: Standard templates for partnership reporting

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Belgium

Publisher

Genie AI

Cost

Free to use

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