Document background
The Preferred Partnership Agreement is a strategic document used when companies want to establish a privileged business relationship under Belgian law. This agreement type is particularly relevant when one party wishes to grant another party preferred status with special benefits such as priority access, favorable pricing, or exclusive rights in specific areas. The document, while maintaining compliance with Belgian and EU competition laws, typically includes detailed terms covering commercial conditions, performance requirements, territorial rights, and preferential treatment mechanisms. It's commonly used in situations where companies want to forge stronger business ties without entering into a joint venture or merger, providing a framework for enhanced collaboration while maintaining separate corporate identities.
