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Partnership Agreement Between Two Parties
"I need a Partnership Agreement Between Two Parties for a technology startup in Jakarta, focusing on software development, with special attention to intellectual property rights and profit sharing arrangements, to be effective from March 2025."
1. Parties: Identification and details of the partners entering into the agreement
2. Background: Context of the partnership and brief description of the partners' intention to collaborate
3. Definitions: Definitions of key terms used throughout the agreement
4. Partnership Structure: Legal form of the partnership and its basic structure
5. Purpose and Scope: Detailed description of the partnership's business objectives and scope of activities
6. Capital Contributions: Details of initial and ongoing capital contributions from each partner
7. Profit and Loss Sharing: Framework for distribution of profits and allocation of losses
8. Management and Control: Decision-making processes and management structure of the partnership
9. Rights and Obligations: Detailed responsibilities and rights of each partner
10. Banking and Financial Matters: Banking arrangements, financial management, and accounting principles
11. Duration: Term of the partnership and renewal provisions
12. Termination: Circumstances and procedures for termination of the partnership
13. Dispute Resolution: Procedures for resolving disputes between partners
14. Governing Law: Specification of Indonesian law as governing law and jurisdiction
15. General Provisions: Standard legal provisions including notices, amendments, and severability
1. Non-Competition: Restrictions on partners engaging in competing businesses - include when partners have other business interests
2. Intellectual Property: IP ownership and usage rights - include when the partnership involves creation or use of IP
3. Insurance: Required insurance coverage - include for high-risk business activities
4. Confidentiality: Protection of confidential information - include when sensitive information will be shared
5. Force Majeure: Provisions for unforeseen circumstances - include for long-term partnerships or high-value agreements
6. Assignment and Transfer: Rules for transferring partnership interests - include when partners might need future flexibility
7. Employee Matters: Employment policies and procedures - include when partnership will have employees
8. Environmental Compliance: Environmental responsibilities - include for partnerships in industries with environmental impact
1. Schedule 1 - Capital Contributions: Detailed breakdown of each partner's initial and committed capital contributions
2. Schedule 2 - Profit Sharing Formula: Detailed calculations and methods for profit distribution
3. Schedule 3 - Business Plan: Initial business plan and strategic objectives
4. Schedule 4 - Management Structure: Detailed organizational structure and management procedures
5. Schedule 5 - Partner Information: Detailed information about each partner including contact details and representatives
6. Schedule 6 - Assets Register: List of partnership assets and their ownership status
7. Appendix A - Required Licenses: List of required business licenses and permits
8. Appendix B - Operating Procedures: Detailed operational procedures and policies
Authors
Applicable Law
Business
Business Day
Business Plan
Capital Account
Capital Contribution
Commencement Date
Confidential Information
Default Event
Effective Date
Financial Year
Force Majeure Event
Initial Capital
Intellectual Property Rights
Management Committee
Managing Partner
Material Breach
Net Profit
Operating Expenses
Partnership
Partnership Assets
Partnership Interest
Partner(s)
Partnership Property
Profit Share
Related Party
Reserved Matters
Territory
Term
Transfer
Working Capital
Business Hours
Dispute
Insolvency Event
Encumbrance
Good Industry Practice
Notice
Representatives
Rupiah
Formation of Partnership
Partnership Term
Business Purpose
Capital Contributions
Additional Capital
Partnership Interests
Profit and Loss Distribution
Management Rights
Decision Making
Partner Meetings
Banking Arrangements
Accounting and Records
Partner Obligations
Restricted Activities
Non-Competition
Confidentiality
Intellectual Property
Partnership Property
New Partners
Transfer of Interest
Partner Exit
Partner Death
Partner Bankruptcy
Default Events
Force Majeure
Termination
Dissolution
Winding Up
Dispute Resolution
Governing Law
Notices
Amendment
Severability
Entire Agreement
Assignment
Costs
Compliance with Laws
Partnership Representatives
Good Faith
Insurance
Indemnification
Tax Matters
Environmental Compliance
Third Party Rights
Manufacturing
Retail
Professional Services
Technology
Agriculture
Construction
Trading
Food and Beverage
Tourism and Hospitality
Education
Healthcare
Real Estate
Mining
Transportation and Logistics
Financial Services
Legal
Finance
Executive Leadership
Corporate Affairs
Business Development
Operations
Risk and Compliance
Investment
Strategy
Administrative
Chief Executive Officer
Managing Director
Business Owner
Legal Counsel
Corporate Lawyer
Chief Financial Officer
Business Development Manager
Operations Director
Company Secretary
Partnership Manager
Investment Manager
Risk Manager
Compliance Officer
Finance Director
General Manager
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