Letter of Intent for Software Development Partnership

Negotiate a formal agreement to set up a strategic partnership to develop new software titles with this Letter of Intent template.

  • Key discussion points between the parties include ownership of the final software products; confidentiality; each partner's responsibilities with respect to developing, marketing and advertising of the products; and revenue splitting.
  • The letter of intent is not intended to be legally binding upon the parties except to the extent of the discussions between them.
  • This is a generic template which is not country specific and can be used anywhere.
  • Available in MS Word format and fully editable.
Document Type: Microsoft Word
Last Updated: 13-December-2022
SKU: 5363
        $11.99
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        Create a strategic partnership to develop and market software apps in Canada with this Software Development Partnership Agreement template.

        • The partners agree to work together to develop, implement, market and provide ongoing support for the software.
        • The partners will work together to develop, implement, market and provide ongoing support for the software.
        • One of the partners will have primary responsibility for development of the software, and the other will have primary responsibility for marketing and selling the final product. However, 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 will be distributed to the partners at regular intervals.
        • Each partner is responsible for paying their own taxes and remittances.
        • The Agreement contains two alternate sets of clauses for ownership of the intellectual property - one for joint ownership and one for individual ownership.
        • The file also contains confidentiality and non-competition provisions.
        • The Agreement is governed by Canadian intellectual property laws.
        • The document is available as a MS Word template and is fully editable to fit your unique needs.
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        Letter of Intent to License Technology for Development

        Negotiate the terms of licensing certain technology for research and development purposes with this Letter of Intent.

        • The licensor will sponsor research to further the development of the technology, and may offer consulting positions to some of the licensee's research and development personnel to further its business interests.
        • The licensee will pay an up-front license fee, and a royalty on all sales of products or services covered by the patent rights related to the technology.
        • The licensor will diligently pursue and protect all patent rights.
        • Closing of the transaction is conditioned upon a number of factors, including the licensee being able to obtain the necessary financing.
        • The Letter of Intent itself is an agreement in principle, not a legal contract, and is not legally binding except as it relates to the negotiations between the parties.
        • The purpose of the Letter of Intent is to ensure that the licensor and the licensee both have the same understanding of the terms discussed.
        • The Letter of Intent to License Technology for Development template can be used in most countries and is fully editable to fit your specific circumstances.
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        USA Partnership Agreement to Create General Partner Entity

        Set up a partnership which will act as the general partner of a limited partnership with this USA Partnership Agreement template.

        • The partnership being formed by the agreement will be managed by a managing partner.
        • The managing partner will have control of the day-to-day business operations, and will be responsible for all tax matters. All matters outside of the day-to-day business will be decided by a majority vote of all partners.
        • The partners will devote a necessary amount of time and attention to the partnership business, but are not restricted from involvement in other businesses, whether they compete with the partnership business or not.
        • Admission to the partnership is limited to the managing partner, its CEO and the other officers and directors of the managing partner.
        This USA Partnership Agreement to Create General Partner Entity template is available as a MS Word download, and is fully editable to meet your needs.
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        Letter of Intent to Purchase Software Licenses

        Negotiate the terms of an agreement to purchase software licenses with this Letter of Intent template.

        • The parties to the transaction will be (i) the developer who holds the licensing rights to the software and (ii) a party who will purchase licenses for the software, for resale purposes.
        • The parties will not solicit or entertain any other offers for the purchase of the licenses unless and until negotiations between them have been terminated.
        • The purchaser agrees to pay a breakup fee if negotiations are terminated for any reason other than a breach by the developer.
        • Both parties agree to keep all information exchanged between them confidential.
        • The parties will continue to negotiate in good faith until either a definitive agreement is executed or the letter of intent expires.
        • This digital template is generic (not country-specific) and can be used anywhere.
        • You can download the Letter of Intent form right after you pay for it. Add it to your cart and check out.
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        Software Development Joint Venture Agreement | Canada

        Set up a joint venture to develop new software applications with this Canada Software Development Joint Venture Agreement.

        • The Agreement is between a software developer and a client who will invest in the project.
        • The parties agree to form a corporation which will issue shares to the joint venturers proportionate to their investment.
        • For tax purposes, the relationship is deemed to be a joint venture, not a partnership.
        • The agreement contains:
          • provisions setting out how the business and affairs of the joint venture will be managed;
          • provisions for one joint venturer to buy out the interest of another if an event of default occurs.
        • Each co-venturer will be free to continue their own business activities separately and apart from the joint venture, unless the activities directly compete with the business of the joint venture.
        • This Software Development Joint Venture Agreement is governed by the laws of Canada and can be used in any province or territory except Quebec.
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