Sales Partnership Contract Checklist
Sales Partnership Contract Checklist
|
Prepared By: [Your Name] |
Date: [Month Day, Year] |
Fill the status column with the appropriate response (Complete, In Progress, Not Started).
Preliminary Considerations
|
Item |
Description |
Status |
Notes |
|
Market Research |
Conduct comprehensive market research to assess partnership viability. |
Complete |
Collaborative market study conducted in [Date] |
|
Partner Vetting |
Evaluate the financial stability and reputation of the prospective partner. |
||
|
Risk Assessment |
Identify potential risks and opportunities. |
Partnership Structure
|
Item |
Description |
Status |
Notes |
|
Agreement Type |
Decide whether the partnership is exclusive or non-exclusive. |
Complete |
Non-exclusive partnership agreed upon. |
|
Geographic Scope |
Define the territories where the partnership will be active. |
Financial Terms
|
Item |
Description |
Status |
Notes |
|
Revenue Sharing |
Agree on the percentage of revenue to be shared. |
Complete |
[x]% revenue to [Your Company Name], [x]% to partner. |
|
Initial Investment |
Determine initial capital from each party. |
Roles and Responsibilities
|
Item |
Description |
Status |
Notes |
|
Sales Targets |
Define quarterly sales targets. |
In Progress |
Q3 target: $[x] |
|
Marketing |
Assign marketing responsibilities. |
Legal Aspects
|
Item |
Description |
Status |
Notes |
|
Confidentiality Agreement |
Both parties agree to keep information confidential. |
Complete |
NDA signed on [Date] |
|
Compliance |
Ensure all activities are legally compliant. |
Monitoring and Reporting
|
Item |
Description |
Status |
Notes |
|
Monthly Reports |
Decide on key performance indicators (KPIs) to be reported. |
Complete |
KPIs include sales volume, customer engagement. |
|
Annual Review |
Schedule annual performance reviews. |
Dispute Resolution
|
Item |
Description |
Status |
Notes |
|
Arbitration Clause |
Include an arbitration clause for dispute resolution. |
Complete |
Arbitration to be conducted in New York. |
Termination Clauses
|
Item |
Description |
Status |
Notes |
|
Exit Strategy |
Outline conditions under which the partnership can be terminated. |
In Progress |
Bankruptcy, failure to meet targets for 2 quarters. |
Final Checklist
|
Item |
Description |
Status |
Notes |
|
Contract Draft |
Complete the initial draft of the contract. |
Complete |
Draft finalized on July 8, 2051. |
|
Legal Review |
Have the contract reviewed by legal professionals. |
||
|
Signatures |
Obtain signatures from authorized representatives of both parties. |
