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. | | |
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