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CooperationAgreement
ThisCooperationAgreement(the"Agreement")ismadeandenteredintoasof[Date],byandbetween[YourCompanyName],a[YourCompanyIncorporationType]incorporatedin[YourCompanyIncorporationCountry](hereinafterreferredtoas"CompanyA"),and[PartnerCompanyName],a[PartnerCompanyIncorporationType]incorporatedin[PartnerCompanyIncorporationCountry](hereinafterreferredtoas"CompanyB").
BACKGROUND
WHEREAS,CompanyAisengagedinthebusinessof[DescriptionofCompanyA'sbusiness];
WHEREAS,CompanyBisengagedinthebusinessof[DescriptionofCompanyB'sbusiness];
WHEREAS,bothPartiesbelievethatacooperationbetweenthemwouldbemutuallybeneficialandwouldenablethemtoachievetheirrespectivebusinessobjectivesmoreeffectively.
NOW,THEREFORE,inconsiderationofthemutualcovenantsandagreementscontainedherein,thePartiesheretoagreeasfollows:
1.Objective
1.1TheobjectiveofthisAgreementistoestablishastrategiccooperationframeworkbetweenCompanyAandCompanyB,underwhichthePartieswillworktogetherto[Descriptionofthecooperationobjective].
2.ScopeofCooperation
2.1CompanyAandCompanyBwillcooperateintheareasof[Listthespecificcooperationareas].
2.2ThePartieswillshareknowledge,experience,andresourcestoachievethecooperationobjectivesetforthinArticle1.1.
2.3EachPartywilldesignatearepresentativetocoordinateandmanagethecooperationmatters.Therepresentativewillberesponsibleforcommunication,coordination,andimplementationofthecooperationactivities.
3.DurationandTermination
3.1ThisAgreementshallbecomeeffectiveasofthedatehereofandshallremainineffectforatermof[Durationoftheagreement],unlessterminatedearlierinaccordancewiththetermshereof.
3.2EitherPartymayterminatethisAgreementuponwrittennoticetotheotherPartyiftheotherPartybreachesanymaterialprovisionhereofandfailstocuresuchbreachwithin[Cureperiod]afterreceiptofwrittennoticethereoffromtheotherParty.
3.3ThisAgreementmayalsobeterminatedbymutualagreementoftheParties.
4.Confidentiality
4.1EachPartyshallkeepconfidentialandnotdisclosetoanythirdpartyanynon-public,proprietary,orsensitiveinformationdisclosedbytheotherPartyinconnectionwiththisAgreement,exceptasmayberequiredbylaworregulation.
4.2TheconfidentialityobligationssetforthinthisArticle4shallsurvivetheterminationorexpirationofthisAgreement.
5.IntellectualProperty
5.1EachPartyshallretainallright,title,andinterestinandtoitsrespectiveintellectualpropertyrights,asexistingbefore,during,andafterthetermofthisAgreement.
5.2ThePartiesagreethatanyimprovements,modifications,orderivativeworkscreatedinconnectionwiththecooperationunderthisAgreementshallbejointlyownedbytheParties.
6.Indemnification
6.1EachPartyshallindemnifyandholdharmlesstheotherPartyagainstanylosses,damages,claims,orliabilitiesarisingoutoforinconnectionwithanybreachofthisAgreementbysuchPartyoritsrepresentatives.
7.DisputeResolution
7.1AnydisputesarisingoutoforinconnectionwiththisAgreementshallberesolvedbynegotiationsbetweentheParties.
7.2IfthePartiesfailtoresolveanydisputesthroughnegotiations,suchdisputesshallbesubmittedtothecourtsof[Jurisdiction]forresolution.
8.Miscellaneous
8.1ThisAgreementconstitutestheentireagreementbetweenthePartieswithrespecttothesubjectmatterhereofandsupersedesallprioragreements,understandings,negotiations,anddiscussions,whetheroralorwritten,oftheParties.
8.2ThisAgreementmaybeamendedormodifiedonlybyawritteninstrumentexecutedbybothParties.
8.3ThisAgreementmaybeexecutedinoneormorecounterparts,eachofwhichshallbedeemedanoriginalbutallofwhichtogethershallconstituteoneandthesameinstrument.
INWITNESSWHEREOF,thePartieshaveexecutedthisCooperationAgreementasofthedatefirstabovewritten.
[YourCompanyName][PartnerCompanyName]
By:________________________By:_____________
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