Software Development Partnership Agreement | UK

Set up a strategic partnership to develop and market software apps in the UK with this comprehensive Software Development Partnership Agreement.

Purpose of 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 partners will be required to expend sufficient time and effort in all areas.

Management of the Partnership Business

Each partner 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.

Intellectual Property

The Agreement contains two alternate sets of clauses for ownership of the intellectual property - one for joint ownership and one for individual ownership. The template document also contains confidentiality and non-competition provisions.

Format and Legal Jurisdiction

This Software Development Partnership Agreement is available as a downloadable MS Word template and is fully editable to fit your unique circumstances. The document is governed by English intellectual property laws and should only be used for partnerships in the United Kingdom.