Free Legal Partnership Letter Format

[YOUR COMPANY NAME]
[YOUR COMPANY ADDRESS]
[YOUR COMPANY EMAIL]

[DATE]

[RECIPIENT'S NAME]
[RECIPIENT’S COMPANY NAME]
[RECIPIENT’S COMPANY ADDRESS]

Subject: Partnership Agreement Letter

Dear [RECIPIENT'S NAME],

This letter serves to confirm the partnership agreement between [YOUR COMPANY NAME] and [RECIPIENT’S COMPANY NAME] (hereinafter referred to as "the Parties"). This agreement is entered into on this [DATE] day of [MONTH], 2067.

1. Purpose of Partnership

   The purpose of this partnership is to collaborate on [PURPOSE], enhancing both Parties' business capabilities and market reach.

2. Scope of Partnership

   The Parties agree to the following scope of partnership:

   • Collaboration Activities: Each party will engage in [LIST OF SPECIFIC ACTIVITIES].

   • Roles and Responsibilities:

     • [YOUR COMPANY NAME]: [ROLES/RESPONSIBILITIES]

     • [RECIPIENT’S COMPANY NAME]: [ROLES/RESPONSIBILITIES]

3. Financial Arrangements

   The financial aspects of the partnership shall be outlined as follows:

   • Profit Sharing: Profits resulting from the partnership activities will be shared [SPECIFY PERCENTAGE].

   • Expenses: Both Parties agree to share expenses incurred during the partnership in the following manner: [DESCRIBE HOW EXPENSES WILL BE SHARED].

4. Term and Termination

   This partnership shall commence on [START DATE] and shall continue until terminated by either party with a written notice of [NUMBER OF DAYS] prior to termination.

5. Confidentiality

   Both Parties agree to maintain confidentiality regarding any proprietary information shared during the term of this partnership. This obligation will survive the termination of the partnership.

6. Dispute Resolution

   In the event of any disputes arising from this partnership, the Parties agree to resolve them through [SPECIFY METHOD] in accordance with the laws of [JURISDICTION].

7. Governing Law

   This agreement shall be governed by and construed in accordance with the laws of [JURISDICTION].

8. Acceptance

   By signing below, the Parties indicate their acceptance of the terms outlined in this letter.

[YOUR COMPANY NAME]
By: ________________________
[YOUR NAME]
[YOUR POSITION]
Date: ______________________

[RECIPIENT’S COMPANY NAME]
By: ________________________
[RECIPIENT’S NAME]
[RECIPIENT’S POSITION]
Date: ______________________

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