UK software developers, set up a strategic partnership to develop and market a software program with this comprehensive
Software Development Partnership Agreement.
- The Agreement is between two parties who will work together to develop, implement, market and provide ongoing support for the software.
- One of the partners will have primary responsibility for software development, and the other will have primary responsibility for marketing and selling the final product. Both parties will be required to expend sufficient time and effort in all areas.
- Both parties will have equal rights in managing the business, but neither partner has the authority to act on behalf of the other partner.
- Revenues will be deposited into an operating account from which partnership expenses will be paid. Profits from sales of the software will be distributed to the partners at regular intervals.
- Each partner is responsible for paying their own taxes and remittances.
- Contains alternative clauses for joint ownership and individual ownership of intellectual property.
- Also contains confidentiality and non-competition provisions.
This
United Kingdom Software Development Partnership Agreement is provided in MS Word format, and is fully editable to fit your specific circumstances.
