Free Diversity External Partnership Agreement HR

This Diversity External Partnership Agreement is made and entered into by and between [Your Company Name], a corporation duly organized and existing under the laws of its respective jurisdiction, with business address at [Your Company's Complete Address] herein referred to as the "Company",
and
[Partner Organization Name], a corporation duly organized and existing under the laws of its respective jurisdiction, having its principal place of business at [Partner Organization's Address], herein referred to as the "Partner" (collectively referred to as the "Parties").
I. Purpose
A. Objective
The primary objective of this Agreement is to formalize the partnership between [Your Company Name] and the Partner Organization. This partnership aims to collaboratively work on initiatives that will foster diversity and inclusion in the workplace, educational institutions, and the broader community.
B. Expected Outcomes
The partnership aims to achieve the following outcomes:
Increased diversity in hiring practices.
Community outreach programs targeting underrepresented groups.
Joint research publications on diversity and inclusion.
II. Definitions
A. Glossary
Term:
Partner - Refers to the Partner Organization involved in this Agreement.
DEI - Stands for Diversity, Equity, and Inclusion.
Initiatives - Refers to the programs or projects undertaken as part of this Agreement.
B. Interpretation
Words in the singular include the plural and vice versa. References to any gender include all genders.
III. Scope of Partnership
A. Objectives
The primary objectives of this partnership include:
Promoting diversity in the workplace.
Enhancing community outreach.
Conducting joint research on DEI topics.
B. Limitations
This Agreement does not extend to any activities that are not explicitly stated in this document. Any additional activities will require a formal amendment to this Agreement.
C. Duration
The partnership will last for a period of one year from the effective date, with an option for renewal upon mutual agreement.
IV. Responsibilities
A. [Your Company Name]'s Responsibilities
Financial Support
[Your Company Name] will provide financial support for the initiatives, as agreed upon in the financial plan (Appendix A).
Providing Resources
[Your Company Name] will allocate human and material resources necessary for the successful implementation of the initiatives.
Monitoring and Evaluation
[Your Company Name] will be responsible for monitoring the progress of the initiatives and evaluating their impact.
B. Partner Organization's Responsibilities
Implementation
The Partner Organization will take the lead in implementing the initiatives on the ground.
Reporting
The Partner Organization will provide quarterly reports detailing the progress and financial expenditures of the initiatives.
Community Engagement
The Partner Organization will engage with the community to ensure the initiatives meet their needs and expectations.
V. Financial Arrangements
A. Funding
Both parties agree to a 50-50 funding model for all initiatives, as detailed in Appendix A.
B. Payment Terms
Payments will be made quarterly, following the submission and approval of a financial report by both parties.
C. Financial Audits
Both parties reserve the right to conduct financial audits to ensure transparency and accountability.
VI. Confidentiality
A. Non-Disclosure
Both parties agree to maintain the confidentiality of all information shared during the partnership, except as required by law.
B. Data Protection
Both parties will comply with data protection laws and regulations, including the GDPR, where applicable.
VII. Intellectual Property
A. Ownership
Any intellectual property developed during this partnership will be jointly owned by both parties.
B. Licensing
Both parties have the right to use the intellectual property for non-commercial purposes, unless otherwise agreed upon.
VIII. Termination
A. Grounds for Termination
Either party may terminate this Agreement under the following conditions:
Breach of contract by either party.
Failure to meet the objectives outlined in Section 4.1.
B. Notice Period
A 30-day written notice is required for termination from either party.
C. Consequences of Termination
Upon termination, all ongoing initiatives will be reviewed, and a termination plan will be developed.
IX. Dispute Resolution
A. Arbitration
In case of any disputes, both parties agree to arbitration as the first step towards resolution.
B. Legal Recourse
If arbitration fails, both parties reserve the right to take legal action.
X. Miscellaneous
A. Amendments
Any amendments to this Agreement must be in writing and signed by authorized representatives of both parties.
B. Governing Law
This Agreement is governed by the laws of the United States and any disputes will be resolved in the jurisdiction of the United States.
XI. Appendices
Appendix A: Financial Plan
Quarter | Budget Allocation |
|---|---|
Q1 | $ 50,000 |
Q2 | $[Amount] |
Q3 | $[Amount] |
Q4 | $[Amount] |
IN WITNESS WHEREOF, the Parties hereto have executed this Diversity External Partnership Agreement as of the dates set forth below.
_____________________________
[Your Name]
[Your Job Title]
[Your Company Name]
_____________________________
[Partner's Name]
[Partner's Job Title]
[Partner Organization]
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Forge external partnerships to advance diversity and inclusion with Template.net's Diversity External Partnership Agreement HR Template that's editable and customizable with our AI editor tool. This comprehensive document outlines the terms, responsibilities, and goals of partnerships with external organizations or entities focused on diversity and inclusion initiatives. It's an essential resource for HR professionals seeking to collaborate and make a broader impact. Secure your copy today and formalize partnerships that contribute to a more inclusive workplace.
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