Common Contracts
1 similar Exclusive Business Cooperation Agreement contracts
Exclusive cooperation agreement templateExclusive Business Cooperation Agreement • May 2nd, 2021
An Exclusive Business Cooperation Agreement allows companies to come together towards working as one organization instead of acting as separate Business entities competing against each other in a market. It may also be termed as “Partnership Agreementt” or Memorandum of Understanding(MoU) since mutual understanding is reached between a Vendor and their Partners, where both of them are investing in the same product for a specific market without worrying about competition between the two. The agreement contains a set of defined terms and conditions which govern the way of functioning of a partnership business. The terms and conditions draft includes some of the key details such as Service providing methodology, Confidentiality clause, Type of business, Registered name and address of the business, Length of partnership, etc. When Do You Need an Exclusive Business Cooperation Agreement? A business relationship between two companies cannot survive without a clear understanding of “how thing
