Sample Cooperation Agreement
This is a sample cooperation agreement that can be used as a starting point for drafting your own agreement. It is important to note that this is only a sample and may not be suitable for all situations. You should consult with an attorney to ensure that your agreement meets your specific needs.
This Cooperation Agreement (“Agreement”) is made and entered into as of [Date], by and between [Company A Name], a [Type of Entity] organized and existing under the laws of [State/Country], with its principal place of business at [Address] (“Company A”), and [Company B Name], a [Type of Entity] organized and existing under the laws of [State/Country], with its principal place of business at [Address] (“Company B”).
WHEREAS, Company A and Company B desire to cooperate in the [Describe the area of cooperation].
NOW, THEREFORE, in consideration of the foregoing premises and the mutual covenants contained herein, the parties agree as follows:
1. Purpose of the Agreement. The purpose of this Agreement is to establish a framework for cooperation between Company A and Company B in the area of [Describe the area of cooperation].
2. Cooperation Activities. Company A and Company B agree to cooperate in the following activities:
- [List specific activities to be undertaken]
3. Roles and Responsibilities.
- Company A will be responsible for [List specific responsibilities of Company A].
- Company B will be responsible for [List specific responsibilities of Company B].
4. Intellectual Property.
- All intellectual property rights created or developed in connection with this Agreement shall be owned by the party that created or developed such intellectual property, subject to the terms of this Agreement.
- The parties agree to share any intellectual property rights developed jointly in accordance with the terms of this Agreement.
5. Confidentiality. Each party agrees to hold confidential all information received from the other party in connection with this Agreement, including, but not limited to, trade secrets, financial information, and customer lists.
6. Term and Termination.
- This Agreement shall commence on the Effective Date and shall continue for a period of [Number] years, unless terminated earlier as provided herein.
- This Agreement may be terminated by either party upon [Number] days’ written notice to the other party.
- This Agreement may be terminated immediately by either party upon the occurrence of [List events that would trigger immediate termination].
7. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of [State] without regard to its conflict of laws provisions.
8. Entire Agreement. This Agreement constitutes the entire agreement and understanding between the parties with respect to the subject matter hereof and supersedes all prior or contemporaneous communications, representations, or agreements, whether oral or written.
9. Notices. All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given when delivered personally, sent by certified or registered mail, return receipt requested, postage prepaid, or sent by overnight courier service, addressed as follows:
If to Company A: [Address]
If to Company B: [Address]
10. Amendment. This Agreement may be amended only by a written instrument signed by both parties.
11. Waiver. No waiver of any breach of this Agreement shall be deemed to be a waiver of any subsequent breach.
12. Severability. If any provision of this Agreement is held to be invalid or unenforceable, such provision shall be struck and the remaining provisions shall remain in full force and effect.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.
[Company A Name]
By: [Signature]
Name: [Printed Name]
Title: [Title]
[Company B Name]
By: [Signature]
Name: [Printed Name]
Title: [Title]
