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IT, web, Internet, software, hardware, media, multimedia, photography, tech, information, technology, computer, business, company, pre-written, legal, contract, agreement, documents, templates, boilerplate, form, outline, text, terms, recitals problem, notification, breach PARTNERSHIP DISSOLUTION AGREEMENT THIS AGREEMENT made this CurrentDay day CurrentMonth CurrentYear and between Company Company and CustCompany Partner Agreements consideration the mutual covenants set forth this Agreement Partner and Company hereby agree cancel any and all partnership revenue sharing work projects labor follows Dissolution Partnership Company and Partner shall cease any and all services described below the Services Work Product well any additional services that Partner has requested Services include but are not limited Enter Service Work Product Description here Enter Service Work Product Description here Enter Service Work Product Description here Enter Service Work Product Description here Termination Obligations Upon termination this Agreement Company shall transfer and make available Partner all property and materials Company possession subject Company control that are the rightful property Partner The Company shall make every reasonable effort secure all written descriptive matter that pertains the Services Work Product and agrees provide reasonable cooperation arrange for the transfer all property contracts agreements supplies and other third party interests including those not then utilized and all rights and claims thereto and therein the event loss destruction any such material descriptive matter Company shall immediately notify Partner the details the loss destruction writing and provide the necessary information for loss statement other documentation Partner Survivability Products and Compensation Upon termination this Agreement each party shall continue have the following rights distribute any existing product service through their normal sales channels and according the compensation provisions set forth Exhibit Neither party will have any right decompile copy reverse engineer otherwise continue development the produced Product Insert additional language concerning the sale existing products service born out the partnership Ownership Rights Company Rights The Company shall have ownership all Company Materials Company Materials consist all copyrightable Materials that not constitute Services Work Product defined Section Services and Exhibit Specifications Materials that are solely owned Company licensed Company Materials that are incorporated into the Work Product part the Services Additional materials shall include but are not limited Insert description additional materials here Company shall hold all right title and interest and Company Materials Partner shall not anything that may infringe upon any way undermine Company right title and interest the Company Materials described this section Notwithstanding the above Company hereby grants Partner unrestricted nonexclusive perpetual fully paid worldwide license for the use for the sublicense the use Company Materials for the purpose Insert purpose the use Company Materials here Partner Rights The Partner shall have ownership all Partner Materials Partner Materials consist all copyrightable Materials that not constitute Services Work Product defined Section Services and Exhibit Specifications Materials that are solely owned Partner licensed Partner Materials that are incorporated into the Work Product part the Services Additional materials shall include but are not limited Insert description additional materials here Partner shall hold all right title and interest and Partner Materials Company shall not anything that may infringe upon any way undermine Partner right title and interest the Partner Material described this section Notwithstanding the above Partner hereby grants Company unrestricted nonexclusive perpetual fully paid worldwide license for the use for the sublicense the use Partner Materials for the purpose Insert purpose the use Partner Materials here Outstanding Final Compensation and Hold Harmless Agreements For all Company services rendered Partner vice versa under any Previous Agreement the party owing monies shall compensate the owed party cash pursuant the terms Exhibit attached hereto accepting the terms this offer and signing the space provided below each party hereby releases and forever discharges and holds one another its successors employers employees agents officers directors shareholders affiliates and insurers harmless all claims suits liability directly indirectly related employment retainment services the termination such services and specifically and without limitation any claims pay lieu notice wrongful dismissal severance vacation bonus overtime pay This release includes but not limited all contract and tort claims between Partner and Company concerning either party right terminate its employees contractors and vendor agreements and claims rights under local state and federal laws prohibiting employment discrimination signing below both parties agree that these terms represent full and final settlement any and all claims either party may have arising out any previous contracts arrangements monies owed any other obligations required met either party Mutual Confidentiality Partner and Company acknowledge and agree that the Specifications and all other documents and information related the performance production creation any expression the services work product are the property Partner Materials provided between Company and Partner the Confidential Information including but not limited documentation product specifications drawings pictures photographs charts correspondence supplier lists financial reports analyses and other furnished property shall the exclusive property the respected owner the Owning Party and will constitute valuable trade secrets Both parties shall continue keep the Confidential Information confidence and shall not any time during after the term this Agreement without prior written consent from the owning party disclose otherwise make available anyone either directly indirectly all any part the Confidential Information Excluded from the Confidential Information definition anything that can seen the public had been previously made available the owning party public venue Equipment Partner has made available Company for Company use performing the services for Partner such items hardware and software Partner and Company may agree are reasonably necessary for such purpose Company obligated return all Partner property currently its possession time and place Partner choice The following equipment has been made available Company and hereby required returned Partner Insert Equipment description here Insert Equipment description here Insert Equipment description here Expenses Neither party will reimbursed for any expenses incurred connection with the Services Work Product whether direct indirect unless otherwise written Exhibit General Provisions Entire Agreement This Agreement contains the entire Agreement between the parties relating the subject matter hereof and supersedes any and all prior agreements understandings written oral between the parties related the subject matter hereof modification this Agreement shall valid unless made writing and signed both the parties hereto Governing Law This Agreement shall governed and construed accordance with the laws the State State Exclusive jurisdiction and venue shall the County County State Superior Court Binding Effect This Agreement shall binding upon and inure the benefit Partner and Company and their respective successors and assigns provided that Company may not assign any its obligations under this Agreement without Partner prior written consent Waiver The waiver either party any breach failure enforce any the terms and conditions this Agreement any time shall not any way affect limit waive such party right thereafter enforce and compel strict compliance with every term and condition this Agreement Good Faith Each party represents and warrants the other that such party has acted good faith and agrees continue act the negotiation execution delivery performance and any termination this Agreement Right Assign Company has right assign sell modify otherwise alter this Agreement except upon the express written advance approval Partner which consent can withheld for any reason Partner may freely assign its rights and obligations under this Agreement Attorney Fees the event any party this Agreement employs attorney enforce any the terms the Agreement the prevailing party shall entitled recover its actual attorney fees and costs including expert witness fees Both parties represent and warrant that the date first written below that they are authorized enter into this Agreement entirety and duly bind their respective principals their signature below EXECUTED the date first written above CustCompany signator authorized signature signer Job title signator authorized signature signer Date when the contact was signed Company signator authorized signature signer Job title signator authorized signature signer Date when the contact was signed Company Initials Partner Initials
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Partnership Dissolution Agreement
