Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
Date
{{date}}
Parties to the Agreement
This Teaming Agreement (the 'Agreement') is made and entered into on this {{day}} day of {{month}}, {{year}}, by and between:
**Party A:** {{company_name_A}}, a company incorporated under the laws of {{country_A}}, with its principal place of business at {{address_A}} (hereinafter referred to as 'Party A'); and
**Party B:** {{company_name_B}}, a company incorporated under the laws of {{country_B}}, with its principal place of business at {{address_B}} (hereinafter referred to as 'Party B').
(Each a 'Party' and collectively, the 'Parties').
Recitals
WHEREAS, Party A possesses expertise in {{Party_A_expertise}};
WHEREAS, Party B possesses expertise in {{Party_B_expertise}};
WHEREAS, the Parties desire to collaborate to {{project_goal}} (the 'Project');
NOW, THEREFORE, in consideration of the mutual covenants and promises herein contained, the Parties agree as follows:
Purpose of the Agreement
The primary purpose of this Agreement is to establish a framework for cooperation between Party A and Party B for the purpose of {{detailed_purpose_of_agreement}}, including but not limited to the submission of a joint proposal/bid to {{client_or_opportunity}} for the '{{project_title}}' opportunity.
Scope of Work and Responsibilities
**Party A shall be responsible for:**
* {{Party_A_responsibility_1}}
* {{Party_A_responsibility_2}}
* {{Party_A_responsibility_3}}
**Party B shall be responsible for:**
* {{Party_B_responsibility_1}}
* {{Party_B_responsibility_2}}
* {{Party_B_responsibility_3}}
Further detailed scope of work and task assignments will be outlined in an Appendix A, to be mutually agreed upon by both Parties.
Term and Termination
This Agreement shall commence on the Effective Date and shall continue until {{end_date_or_event}}, unless terminated earlier in accordance with the provisions herein. Either Party may terminate this Agreement by providing {{notice_period}} days' written notice to the other Party in the event of a material breach not cured within a reasonable time, or by mutual written agreement of the Parties.
Confidentiality
All information exchanged between the Parties in connection with this Agreement that is marked as confidential or would reasonably be understood to be confidential shall be kept confidential by the receiving Party and shall not be disclosed to any third party without the prior written consent of the disclosing Party, except as required by law. This obligation shall survive the termination of this Agreement for a period of {{confidentiality_period}} years.
Governing Law and Dispute Resolution
This Agreement shall be governed by and construed in accordance with the laws of {{governing_country}}. Any dispute, controversy or claim arising out of or relating to this Agreement, or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the rules of {{arbitration_body}}.
Entire Agreement
This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements, whether written or oral. No modification, amendment, or waiver of any provision of this Agreement shall be effective unless in writing and signed by both Parties.
Signatures
IN WITNESS WHEREOF, the Parties hereto have executed this Teaming Agreement as of the date first above written.
**FOR PARTY A:**
_____________________________
Name: {{signer_name_A}}
Title: {{signer_title_A}}
Date: {{signature_date_A}}
**FOR PARTY B:**
_____________________________
Name: {{signer_name_B}}
Title: {{signer_title_B}}
Date: {{signature_date_B}}
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