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Pre Partnership Agreement
"I need a Pre Partnership Agreement for my Indonesian tech company to explore a potential collaboration with a Singapore-based AI software provider, with strong confidentiality provisions and technology sharing protocols to be implemented by March 2025."
1. Parties: Identification and details of all potential partners, including legal names, addresses, and registration numbers
2. Background: Context of the proposed partnership, including business objectives and rationale for collaboration
3. Definitions: Key terms used throughout the agreement, ensuring clear interpretation
4. Purpose and Scope: Outline of the intended partnership's scope and objectives during the preliminary phase
5. Duration: Timeline for the pre-partnership period and conditions for extension
6. Due Diligence: Framework for information sharing and evaluation process
7. Confidentiality: Obligations regarding confidential information shared during the preliminary phase
8. Costs and Expenses: Allocation of costs during the pre-partnership phase
9. Good Faith Negotiations: Commitment to negotiate the final partnership agreement in good faith
10. Termination: Circumstances and process for ending the pre-partnership arrangement
11. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and jurisdiction for disputes
12. Entire Agreement: Confirmation that this document represents the complete understanding between parties
1. Exclusivity: Prevents parties from negotiating similar arrangements with others during the pre-partnership period
2. Intellectual Property Rights: Protection and usage of IP during the preliminary phase, particularly relevant for technology or brand-focused partnerships
3. Non-Competition: Restrictions on competitive activities during the preliminary phase
4. Resource Commitment: Specific commitments of resources or personnel during the evaluation period
5. Regulatory Compliance: Specific regulatory requirements relevant to the intended partnership sector
6. Break Fee: Compensation if either party withdraws from negotiations under specific circumstances
7. Public Announcements: Rules for making public statements about the potential partnership
1. Schedule 1: Business Plan Overview: Preliminary business plan or concept for the proposed partnership
2. Schedule 2: Due Diligence Requirements: List of required documents and information for due diligence
3. Schedule 3: Timeline: Detailed timeline for the pre-partnership phase including key milestones
4. Schedule 4: Confidential Information: Categories and specific types of confidential information covered
5. Schedule 5: Authorized Representatives: List of authorized representatives from each party for negotiations
6. Appendix A: Required Regulatory Approvals: List of necessary regulatory approvals for the intended partnership
7. Appendix B: Form of Non-Disclosure Agreement: Detailed NDA terms for third parties involved in the process
Authors
Authorized Representatives
Business Day
Business Plan
Confidential Information
Disclosing Party
Due Diligence
Effective Date
Evaluation Period
Existing Business
Good Faith
Intellectual Property Rights
Laws
Material Adverse Change
Negotiation Period
Parties
Partnership Business
Pre-Partnership Phase
Proposed Partnership
Receiving Party
Related Entities
Representatives
Rupiah
Signing Date
Term
Territory
Third Party
Trade Secrets
Working Hours
Scope and Purpose
Term and Duration
Due Diligence
Confidentiality
Non-Disclosure
Exclusivity
Good Faith
Cost Allocation
Information Exchange
Resource Commitment
Intellectual Property
Non-Competition
Representations and Warranties
Regulatory Compliance
Termination
Break Fee
Force Majeure
Public Announcements
Notices
Assignment
Amendment
Severability
Governing Law
Dispute Resolution
Entire Agreement
Counterparts
Manufacturing
Technology
E-commerce
Financial Services
Mining and Resources
Agriculture
Healthcare
Retail
Infrastructure
Real Estate
Tourism and Hospitality
Education
Transportation and Logistics
Energy
Telecommunications
Legal
Business Development
Corporate Strategy
Finance
Operations
Risk and Compliance
Commercial
International Business
Corporate Affairs
Investment
Chief Executive Officer
Managing Director
Business Development Manager
Legal Counsel
Chief Financial Officer
Partnership Manager
Strategy Director
Commercial Director
Operations Director
Investment Manager
Corporate Secretary
Risk Manager
Compliance Officer
General Manager
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