Exclusive Partnership Deed
Exclusive Partnership Deed
This Exclusive Partnership Deed ("Deed") is made and entered into on [Date], by and between:
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Party A: [Your Company Name], registered under the laws of [Jurisdiction], with its principal place of business located at [Your Company Address],
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Party B: [Partner Company Name], registered under the laws of [Jurisdiction], with its principal place of business located at [Partner Company Address],
Collectively referred to as the "Parties".
WHEREAS, the Parties desire to establish an exclusive partnership for the purpose of distributing each other's products or services;
NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, and for other good and valuable consideration, the sufficiency of which is hereby acknowledged, the Parties agree as follows:
I. Scope of Partnership:
The Parties agree to exclusively collaborate in the distribution of their respective products or services. Party A shall exclusively distribute the products or services of Party B, and vice versa, within the agreed upon territory or market segment.
II. Term:
This partnership shall commence on the Effective Date and shall continue for a period of [Duration] unless terminated earlier in accordance with the provisions of this Deed.
III. Exclusivity:
During the term of this Deed, both Parties agree not to engage in distribution agreements with any other entities for the products or services covered under this partnership within the specified territory or market segment.
IV. Obligations of Party A:
a. Party A shall use its best efforts to promote and distribute the products or services of Party B in the designated territory.
b. Party A shall provide regular reports to Party B regarding sales, marketing activities, and market feedback.
V. Obligations of Party B:
a. Party B shall provide Party A with the necessary support, training, and marketing materials to facilitate the distribution of its products or services.
b. Party B shall ensure the quality and availability of its products or services to meet the demands of Party A's customers.
VI. Confidentiality:
The Parties agree to maintain the confidentiality of any proprietary information shared during the course of this partnership.
VII. Termination:
This Deed may be terminated by either Party upon [Notice Period] written notice to the other Party in the event of a material breach of any provision herein.
VIII. Governing Law:
This Deed shall be governed by and construed in accordance with the laws of [Jurisdiction].
[Your Company Name]
Date:
[Partner Company Name]
Date:
IN WITNESS WHEREOF, Signed, sealed, and delivered in the presence of the undersigned witnesses who, at the request and in the presence of the parties, have subscribed as witnesses hereto.
[Notary Public]
Date:
My commission expires: