TRI-PARTY AGREEMENT
This Tri-Party Agreement ("Agreement") is made and entered into as of [Date], by and between:
1. Party A: [Full Legal Name], with its principal place of business located at [Address], ("Party A").
2. Party B: [Full Legal Name], with its principal place of business located at [Address], ("Party B").
3. Party C: [Full Legal Name], with its principal place of business located at [Address], ("Party C").
RECITALS
WHEREAS, Party A is engaged in the business of [describe business];
WHEREAS, Party B is engaged in the business of [describe business];
WHEREAS, Party C is engaged in the business of [describe business];
WHEREAS, the Parties wish to collaborate and define their respective rights and obligations under
this Agreement.
NOW, THEREFORE, in consideration of the mutual covenants and promises herein contained, the
Parties agree as follows:
1. Definitions
1.1. "Confidential Information" means any information that is proprietary or confidential to any of
the Parties and is disclosed under this Agreement.
1.2. "Effective Date" means the date first written above.
2. Purpose
The purpose of this Agreement is to [describe the purpose of the collaboration].
3. Obligations of the Parties
3.1. Obligations of Party A:
- [Detail specific obligations and responsibilities]
- [Detail any deliverables and deadlines]
3.2. Obligations of Party B:
- [Detail specific obligations and responsibilities]
- [Detail any deliverables and deadlines]
3.3. Obligations of Party C:
- [Detail specific obligations and responsibilities]
- [Detail any deliverables and deadlines]
4. Confidentiality
4.1. Each Party agrees to keep confidential all Confidential Information disclosed to it by the other
Parties, and to use such Confidential Information only in accordance with the terms of this
Agreement.
5. Payment Terms
5.1. [Detail the payment terms, including any fees, payment schedules, and conditions for payment]
6. Term and Termination
6.1. This Agreement shall commence on the Effective Date and shall continue in effect until [insert
termination date or condition], unless terminated earlier in accordance with this Agreement.
6.2. Termination for Cause: Any Party may terminate this Agreement by providing written notice to
the other Parties if any of the following events occur:
- [Detail events that could lead to termination]
7. Dispute Resolution
7.1. In the event of any dispute arising out of or relating to this Agreement, the Parties shall first
attempt to resolve the dispute through good faith negotiations.
7.2. If the dispute cannot be resolved through negotiations, it shall be settled by [insert method of
dispute resolution, such as mediation or arbitration].
8. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [State/Country].
9. Miscellaneous
9.1. Entire Agreement: This Agreement constitutes the entire understanding between the Parties
and supersedes all prior agreements and understandings, whether written or oral.
9.2. Amendments: This Agreement may be amended only in writing and signed by all Parties.
9.3. Severability: If any provision of this Agreement is found to be invalid or unenforceable, the
remaining provisions shall continue in full force and effect.
9.4. Notices: All notices required or permitted under this Agreement shall be in writing and shall be
deemed given when delivered personally or by certified mail, return receipt requested, to the
addresses set forth above.
IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the day and year first
above written.
Party A:
By: _____________________________
Name: ___________________________
Title: ____________________________
Date: ____________________________
Party B:
By: _____________________________
Name: ___________________________
Title: ____________________________
Date: ____________________________
Party C:
By: _____________________________
Name: ___________________________
Title: ____________________________
Date: ____________________________
---
This template is a starting point. Specific details and clauses should be tailored to fit the particular
needs and legal requirements of the parties involved. It’s always advisable to consult with a legal
professional to ensure the agreement is comprehensive and legally binding.
