Exclusive Partnership Letter
Exclusive Partnership Letter
Effective Date: January 1, 2061
Dear Partners,
This letter formalizes the terms and conditions of the exclusive partnership between Silver Bullet Express and Sparkling Waters Co., with the aim of establishing a joint venture for exclusive service provision in the beverage industry.
Parties Involved:
Silver Bullet Express
4742 Copperhead Road
Newington, CT 06111
Sparkling Waters Co.
2067 Margaret Street
Newington, CT 06111
Nature of Partnership:
The partnership between Silver Bullet Express and Sparkling Waters Co. is established to provide exclusive transportation and delivery services for Sparkling Waters Co.'s beverage products in the beverage industry.
Terms and Conditions:
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Both parties agree to collaborate and leverage their respective expertise and resources to ensure the successful operation of the partnership.
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Silver Bullet Express will be responsible for managing transportation logistics and delivery services, while Sparkling Waters Co. will be responsible for supplying the necessary beverage products.
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Profits and losses of the partnership shall be shared in proportion to the capital contributions of each party, with specific details outlined in a separate financial agreement.
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The partners commit to maintaining open communication and actively participating in decision-making processes related to the partnership.
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Any changes or amendments to this partnership letter must be agreed upon in writing by all parties involved.
Duration and Termination:
The partnership shall commence on January 1, 2061, and shall remain in effect until terminated by mutual consent or by fulfilling the objectives outlined in the partnership agreement.
Financial Details:
The financial arrangements, including capital contributions, profit-sharing, and financial reporting, will be further detailed in a separate financial agreement.
Signature Section:
All parties involved in the partnership agreement must affix their signature below:
Silver Bullet Express |
Sparkling Waters Co. |
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______________________ |
______________________ |