Agreement On Cooperation

1.4 This is voluntary cooperation between the contracting parties as individual companies and not as a joint venture, joint venture or other legal entity, and each party remains responsible for its own activities and cannot legally engage or engage the other contracting party without further agreement. In principle, a cooperation contract can only be terminated if (i) the duration of the contract has expired or (ii) if one of the contracting parties does not meet its obligations under the contract. The lack of compliance must be assessed based on the circumstances of the case. The prior identification of what is non-compliance by the parties avoids conflict. 2.1 The parties must be loyal to the other party and seek healthy cooperation. 3.1 With regard to cooperation, the parties agreed that DESCRIBE ANY PAYMENT STRUCTURE. The high degree of contractual freedom in the development of cooperation agreements allows the parties to decide for themselves what they want to include in the agreement. There are a number of essential elements that should indeed be included in any cooperation agreement. First, the cooperation agreement should define the parties participating in the agreement and the objective of cooperation. Second, it should define the rights and obligations of each of the parties in terms of cooperation. It goes without saying that the cooperation agreement should also cover the duration of cooperation, the reasons for dismissal, the consequences of termination, conflict management and control regimes. The provisions that will be incorporated and those that will not will depend on cooperation. That is why a cooperation agreement can be described as a truly tailored agreement.

It is important to include in the cooperation agreement the reasons why cooperation can cease. At the beginning of the cooperation agreement, this is obviously not the first thing you are thinking about, but of course you may be in conflict with the other party or the other party is not complying with the obligations of the cooperation agreement. In this case, it is convenient for you to terminate the contract. 8.1 The parties act as independent entities and are not authorized to enter into agreements on behalf of the other party or to engage them by other means. 8.5 The agreement is governed by country law. 3.2 Payments made monthly by E.G. ACCORDING TO INVOICE 8.3 amendments or additions to this Agreement require consensus between the parties, and amendments or additions accompany this Agreement in addition, and this supplement is signed by both parties. 4.2 If either party violates the main violations of this agreement, the agreement may be immediately denounced by the uninjured party. 1.5 The parties have therefore concluded the following cooperation agreement (the ”agreement”).

7.1 Commercial information received or likely to be obtained by the parties through the other party is considered confidential and will not be disclosed to third parties without the prior written consent of the party concerned. A violation of this clause triggers a fine of XX ,,, , per violation. The payment of the fine does not make the offence legal. 6.1 Parties must have professional liability insurance with a recognized insurance company. 8.6 Disputes arising from or related to this agreement are settled by the CITY Court.