Cooperation Agreement Template for Indonesia

The Cooperation Agreement serves as a fundamental legal instrument for establishing formal collaborative relationships in Indonesia's business environment. This document type is essential when parties wish to combine resources, expertise, or capabilities while maintaining their separate legal identities. It's particularly relevant in Indonesia's growing economy where both domestic and international partnerships are increasingly common. The agreement must comply with Indonesian Civil Code requirements and other relevant regulations, including mandatory provisions for language, governing law, and dispute resolution. The Cooperation Agreement typically covers areas such as project scope, resource sharing, profit distribution, and risk allocation, while incorporating specific provisions required by Indonesian law. It's commonly used for joint ventures, strategic alliances, research collaborations, and other forms of business partnerships where parties need a clear legal framework for their cooperation.

1. Parties: Identification of all parties to the agreement, including their legal names, registration numbers, addresses, and authorized representatives

2. Background: Context of the cooperation, including the parties' business activities and their reasons for entering into the agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Cooperation: Detailed description of the cooperation activities and objectives

5. Rights and Obligations: Specific rights and responsibilities of each party under the agreement

6. Term and Termination: Duration of the agreement and circumstances under which it may be terminated

7. Financial Arrangements: Financial terms, including cost sharing, profit sharing, or other monetary arrangements

8. Confidentiality: Obligations regarding confidential information shared during the cooperation

9. Intellectual Property: Ownership and usage rights of intellectual property in the cooperation

10. Representations and Warranties: Statements of fact and assurances made by each party

11. Force Majeure: Provisions for unforeseen circumstances affecting performance

12. Governing Law: Specification of Indonesian law as governing law and jurisdiction

13. Dispute Resolution: Procedures for resolving disputes, including mediation and arbitration options

14. Notices: Process and contact details for formal communications between parties

15. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments

16. Execution: Signature blocks and formal closing of the agreement