Strategic Alliance Agreement Template
Prepared for:
[Client.FirstName][Client.LastName]
[Client.Company]
Created by:
[Sender.FirstName][Sender.LastName]
[Sender.Company]
Prepared for:
[Client.FirstName][Client.LastName]
[Client.Company]
Created by:
[Sender.FirstName][Sender.LastName]
[Sender.Company]
A strategic alliance agreement is legally binding document between two companies that agree to common terms in an attempt to merge resources and conduct a fruitful partnership. Unlike in a joint venture, the two companies retain their individual identity.
Yes, an alliance is a type of commercial contract. Alliance agreements are an agreement of cooperation between two parties which has the necessary details on how they plan to structure the partnership and what percentages of the partnership profits, liabilities, and responsibilities each party would be recieving or taking on.
Strategic alliances consist of four types. (1) Procompetitive alliances (between two companies that do not merge their capital). (2) Non-competitive alliance (between two companies within the same industry who are non-competitors). (3) Competitive alliance (between two competitors making it a high interaction alliance). (4) Precompetitive alliance (between two companies from different industries).
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This strategic alliance agreement is hereby entered into by the parties listed, for the purpose of creating a strategic alliance to mutually benefit the involved parties.
Point of Contact: Partner1 POC
Point of Contact: Partner2 POC
In an effort to collaborate to mutual benefit, the listed parties agree to abide by the following:
The Parties agree to perform the following services during the term of this strategic alliance agreement:
[Partner1.Company]
[Partner2.Company]
This strategic alliance agreement will begin on the agreement date and will conclude on [Agreement.EndDate].
Both parties will be given a period of 3 months prior to the termination date of this agreement to offer an extension or enter into a new strategic alliance agreement as deemed necessary.
Both parties shall appoint a designated individual to represent and manage all services being delivered. The following individuals are hereby appointed as primary points of contact and representative managers for their respective employers:
[Partner1.Company]: Partner1 POC
[Partner2.Company]: Partner2 POC
Both parties acknowledge that during the term of this agreement they may become aware of information that is considered confidential or private in nature.
By acknowledging the above the parties also agree to keep all information obtained during the term of this strategic alliance agreement private as deemed so.
The Parties have agreed to enter into a strategic alliance. As such, no employer/employee relationship is created or implied.
Both parties shall remain for the entirety of this strategic alliance agreement independent contractors and will have the rights and abilities as such.
Both of the Parties agree to hold the opposite party harmless in the instance of injury, loss, or damages outside of cases of willful misconduct or gross negligence.
All materials and property included in this agreement shall remain the intellectual property of the respective party producing such items.
Unless written notice is provided no intellectual property shall exchange ownership during the term of this strategic alliance agreement.
This strategic alliance agreement along with any attached exhibits shall for all considerations be the entire agreement.
Upon entering into this agreement any and all previous agreements between the parties in either written or oral form shall be considered void.
At no point during this agreement shall either party involved trade, delegate, or assign any portion of this strategic alliance agreement to any non authorized third party entities.NoticesIn the event notification is required to be made by either party it may be personally delivered or may be delivered by certified letter to the receiving party.
The parties will receive all notifications to the following addresses:
[Partner1.Company]: [Partner1.Address]
[Partner2.Company]: [Partner2.Address]
If any condition within this strategic alliance agreement is found to be invalid or unenforceable the parties shall obtain the right to replace said condition with a similar enforceable provision as deemed necessary.
Upon the substitution of any conditions in this agreement all other conditions will remain in full effect and shall not be altered.
This strategic alliance agreement is hereby acknowledged and approved by both parties.
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Are you preparing to enter a strategic alliance with another company? Use this fully customizable, free strategic alliance agreement template to create a comprehensive contract that covers all the relevant aspects of your future relationship. It includes sections for terms relating to intellectual property, mutual obligations, severability, and more.
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