Partnership agreement template
Agreement on business partnership and cooperation between companies
This document rests on a fixed pattern prepared by Paragrafo; it is not a law firm template. Its wording is not written by AI, only the details from the form are filled in. For a non-standard situation we recommend a solicitor.
Law in force as at
Partnerská zmluva
- I. Zmluvné strany
- II. Predmet zmluvy
- III. Povinnosti strán
- IV. Provízia
- V. Vyúčtovanie a platby
- VI. Trvanie a ukončenie
A partnership agreement governs longer-term cooperation between two businesses: what each side brings, how revenue and costs are split, who is responsible for what and how the cooperation ends.
Most disputes arise from the things that look obvious at the outset: the split of revenue, ownership of jointly created output and the terms of departure.
Who needs this document
- Companies entering into long-term commercial cooperation
- Partners in an affiliate or commission-based model
- Agencies and suppliers working together for a shared client
What the document must contain
- Identification of both parties and the subject of the cooperation
- The contributions and the performance of each party
- The split of revenue and costs, including how it is calculated
- Liability and its limits
- Ownership of and rights to jointly created output
- The duration and the terms of termination, including the notice period
- Dispute resolution
Legal basis
Obchodný zákonník
Governs obligations between businesses.
Občiansky zákonník
Applies subsidiarily.
Most common mistakes
Termination left unresolved
Agreements are written in good spirits and the part about leaving gets one sentence. That is the part that ends up being read most often.
An unclear way of calculating the share
“Half the profit”, with no definition of profit and no rules for costs, is a source of disputes. The calculation should be set out so that both sides can repeat it.
Ownership of joint output left unresolved
Software, content and databases created during the cooperation need a clear owner or a licence, otherwise a problem arises on termination.
Frequently asked questions
Is a partnership agreement the same as setting up a joint company?
No. A partnership agreement governs cooperation between two separate entities. A joint company is a separate legal person with its own assets and its own liability.
How should the end of the cooperation be handled?
The agreement should set the notice period, the settlement of obligations, what happens to joint output and how shared clients are dealt with.
Does a partnership agreement have to be in writing?
The law does not generally require written form, but for long-term cooperation it is essential as evidence.
Partnership agreement for your business
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