Agreement Of Cooperation Between Two Companies

This cooperation agreement, effective [DATE], is concluded by and between [COMPANY NAME] (hereafter referred to as « Prime »), a corporation [STATE] corporation, with offices of [ADDRESS] and [NAME NAME] (hereafter referred to as « SUBCONTRACTOR ») headquartered in [ADDRESS]. Prime and SUBCONTRACTOR, as defined by the Prime, establish a cost proposal for inclusion in the final proposal. Prime and SUBCONTRACTOR write each part of the technical part of the proposal, as agreed between Prime and SUBCONTRACTOR, and provide the other party with information about its business experience and staff, as required or necessary to prepare the final proposal. Prior to the award, the proposal developed under the parties may be withdrawn by mutual agreement, which excludes any competition or effort by any of the parties in connection with the project. However, the 12-month period from the effective date of this Agreement provides that the agreement will be automatically renewed if, within 12 months of this Agreement` entry into force, the Client has not made a formal decision or notification of the award or award of the main contract for the work designated in the premium proposal and or the liability of SUBCONTRACTOR. This extension continues for a period of 30 days from the decision or official announcement by the Client or until the termination by the written agreement of the parties. Unless Article V of this agreement is otherwise stated and if this agreement is not renewed by the mutual written agreement of the parties, this agreement automatically ends with the occurrence of one of the following events, depending on what happens in the first place: 3.1 With regard to cooperation, the parties have agreed that DESCRIBE ANY PAYMENT STRUCTURE. Subject to other agreements between the parties that remain fully in force, restrictions on the reproduction, disclosure or use of protective information do not apply, and neither party is responsible for the reproduction, disclosure or use of protective information that is subject to one of the following conditions: 1.4 This is voluntary cooperation between the parties as individual enterprises and not as a joint venture. , joint venture or any other legal entity, and each party remains responsible for its own activities and does not legally engage or engage the other contracting party without further agreement. Unless the loss or damage is caused by the misappropriation or unlawful disclosure of intellectual property rights or confidential business information by one of the parties, neither party will be held liable, in all cases, for the loss of earnings or loss of value, or other indirect, individual, indirect or subsequent damage suffered by the other party under this agreement.