Free Financial Policy Agreement

This Financial Policy Agreement ("Agreement") is entered into this [Month Day, Year], by and between [Your Company Name], a company incorporated under the laws of [State] and having its principal place of business at [Your Company Address] ("Party A") and [Your Partner Company Name], a company incorporated under the laws of [State] and having its principal place of business at [Your Partner Company Address] ("Party B"), collectively referred to as the "Parties".

1. PURPOSE OF THE AGREEMENT

The purpose of this Agreement is to outline the financial obligations, responsibilities and procedures to be followed by the Parties during the term of their partnership.

2. FINANCIAL OBLIGATIONS

2.1. Both Parties will contribute an equal amount of startup capital to achieve the financial goals of their partnership.

2.2. Each Party is responsible for ensuring that their contributions are made on time, and in the agreed amount.

3. FINANCIAL REPORTING

3.1. Both Parties will maintain accurate and current financial records of the partnership, including all capital contributions, revenues, expenses, and profits.

3.2. Auditing of the partnership's financial records will be performed annually by an independent third-party auditor mutually agreed upon by both Parties.

4. TERMS OF THE AGREEMENT

This Agreement shall commence on the date of signing and shall continue in effect indefinitely, until such time as it is terminated by either Party in accordance with the provisions set forth herein.

5. TERMINATION

Either Party may terminate this Agreement for any reason by providing the other Party with sixty (60) days' written notice. Such notice must be given in a manner that can be objectively verified, such as registered mail or electronic mail with read receipt. Termination under this clause shall not affect any rights or obligations of the Parties that have accrued up to the date of termination.

6. DISPUTES AND RESOLUTIONS

6.1. In the event of any financial disputes or discrepancies arising under this Agreement, the aggrieved Party shall provide written notice to the other Party, clearly outlining the nature of the dispute.

6.2. If the Parties are unable to resolve the dispute through direct negotiation within thirty (30) days of receipt of the dispute notice, they agree to submit the dispute to binding arbitration. The arbitration shall be conducted by a single arbitrator, mutually agreed upon by the Parties. If the Parties cannot agree on an arbitrator, one will be appointed in accordance with the rules of the American Arbitration Association.

6.3. The arbitration shall be conducted in accordance with the rules of the American Arbitration Association, and the decision of the arbitrator shall be final and binding upon the Parties. The costs of arbitration, including the arbitrator's fees, shall be shared equally by the Parties, unless the arbitrator determines otherwise.

7. GOVERNING LAW

This Agreement and all matters arising out of or relating to this Agreement shall be governed by and construed in accordance with the substantive laws of the State of [State], without giving effect to any choice or conflict of law provision or rule.

This Agreement is deemed accepted by the Parties upon their signatures below:

Party A:

[Your Name]

[Job Title]

[Your Company Name]

[Month Day, Year]

Party B:

[Name]

[Job Title]

[Your Partner Company Name]

[Month Day, Year]