A Partnership Agreement defines the rights, duties, and profit-sharing arrangements among business partners. This playbook explores governance, capital contributions, and dispute resolution.
Why This Matters: Safeguarding IP and confidential data protects competitive advantage and prevents misuse.
Negotiation strategy
If you're the Buyer:
Ensure that confidentiality obligations are comprehensive and enforceable. Clarify IP ownership and licensing terms to align with the company's strategic goals.
If you're the Seller:
Negotiate for clear exceptions to confidentiality obligations where necessary for legal compliance. Seek favorable terms for IP usage post-transaction.
Essential elements
1
Confidentiality Obligations
Maintain strict confidentiality of information.
2
IP Ownership
Define ownership of pre-existing and developed IP.
3
IP Licensing
Grant licenses for IP usage under agreement.
Action framework
ACCEPT
Propose edits if confidentiality terms are too broad or vague.
EDIT
Reject if IP ownership terms are inequitable or unclear.
ADD
Add clauses if confidentiality or IP terms are missing.
PRO TIP
Always ensure that IP clauses are tailored to the specific transaction to avoid future disputes.
Example clauses
FAVORABLE
Comprehensive Confidentiality Clause
"Each party agrees to maintain in strict confidence all confidential information disclosed by the other party..."
NEUTRAL
Standard IP Licensing Clause
"Each party grants to the other party a non-exclusive, non-transferable, royalty-free license..."
UNFAVORABLE
Ambiguous IP Ownership Terms
"Ownership of intellectual property developed during the agreement is not clearly defined..."
Fallbacks
High-Risk Projects
In high-risk projects, ensure confidentiality clauses are robust to protect sensitive data from potential breaches.
Joint Ventures
In joint ventures, clearly define joint IP ownership to reflect contributions and future usage rights.
Cross-Border Transactions
In cross-border transactions, consider local IP laws and confidentiality standards to ensure compliance.
FEATURED SOLUTIONS
Contract Email Agent
Self-service Al for instant contract review and markups.
Never leave your inbox. Effortless contract markups and summaries—delivered straight to your inbox. No signups, no apps, no plugins, no playbooks, no delays.
Import PDF. Redline on DocJuris. Export to Word. Save a day of work.
Import locked PDFs or Word docs and get work done with our world-class contract editing platform. Track your changes and comments and export seamlessly to MS Word without the headaches of clunky add-ins.
Markup clauses in seconds. See the reasoning, stay in control.
Negotiate with confidence using DocJuris’s AI-powered suggestions. Pick a suggested action to balance or lean specific terms in favor of a party. Or, quickly make a clause mutual or simpler with a single click without the back-and-forth.
Uncover opportunities and risks in your signed contracts.
Turn your contracts into structured insights. With Repository AI, DocJuris analyzes every imported agreement—so you always know what’s expiring, auto-renewing, or exposing risk. Total visibility, zero guesswork.
Unlike complex CLMs with long implementations and steep learning curves, DocJuris is built for speed and simplicity. We integrate with your workflow—whether connecting to a CLM or uploading agreements manually—so you're up and running in days, not months.
WEEK 1
CLM Readiness and Design
Our CX team works with you to understand your contracting challenges, prioritize key workflows, and identify the biggest impact areas. We build a tailored implementation plan that fits your needs.
WEEK 2
Install Module
We connect DocJuris to your contract repositories, set up admin and user accounts, and ensure your environment is ready for success.
WEEK 3
Deliver & Test
Your team builds initial playbooks, reviews existing clause libraries, and trains the DocJuris agent to align with your internal standards and negotiation positions.
WEEK 4
Launch
We support you in rolling out DocJuris to a pilot group or your full organization—with launch materials, training, and hands-on support to drive adoption from day one.
Not another CLM
Tackle everything your team needs using existing IT without expensive consultants, outrageous user licensing fees, or complex coding. DocJuris takes on the heavy lift and delivers your requirements with its people, process, and technology.
See how DocJuris can automate your legal, procurement, and sales operations.
DocJuris is not a law firm or a substitute for an attorney or law firm. We cannot provide any kind of advice, explanation, opinion, or recommendation about possible legal rights, remedies, defenses, options,selection of forms or strategies.