Strategic Alliance Agreement Style 2

This Strategic Alliance Agreement is made and entered into this 5th day of April 2004, by and between Utek Corporation (“UTK”), 202 South Wheeler Street, Plant City, Florida 33566, a Delaware Corporation, and Manakoa Services Company (“MKOS”), 7203 W. Deschutes Avenue, Suite B, Kennewick, WA 99336 a Nevada Corporation. Sometimes working together is the best strategy, but make sure you create a Strategic Alliance Agreement. When your business decides to share resources and knowledge and help each other in a project, a Strategic Alliance Agreement solidifies your plans by spelling out the terms of agreement for both parties. Rocket Lawyer is not a law firm or a substitute for an attorney or law firm. Use of Rocket Lawyer is subject to our Terms of Service and Privacy Policy. See our Privacy Policy and User Agreement for details. As such, tax-exempt organizations will now likely have the option of participating in bifurcated joint ventures without jeopardizing tax-exempt status, as long as the exempt organization controls the substantive, exemption-related aspects of the venture. However, notwithstanding the much-needed guidance, tax-exempt organizations should continue to proceed with caution when engaging in joint ventures, partnerships, or similar arrangements with commercial businesses. While the partners have the same goal, unlike a joint venture, each company stays independent for the term of the Alliance. A Strategic Alliance Agreement has several advantages.

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Strategic Alliance Agreement Style 2

Proprietary Material as set forth in Section 3.3 above. “ Background IP ” means all intellectual property (including rights in Confidential Information) of a Party that: (a) was generated by such Party before the Effective Date; (b) is generated by such Party outside the scope or after expiration of this Agreement or any Study under this Agreement; and in each such case; (c) is owned by such Party, either partially or wholly, or is licensed to, or otherwise controlled by such Party, and which is not an Invention under this Agreement. In this phase in the life of a strategic alliance, an internal structure occurs under which its functions develop. While operating it, the alliance becomes an own new organization itself with members from the origin companies with the aim of meeting all previously set objectives and improving the overall performance of the alliance which requires effective structures and processes and a good, strong and reliable leadership. This phase focuses on creating frameworks both legally and organizational for the strategic alliance relationship, on agreeing and finalizing operational plans, making sure that key leadership is in place, and creating a formula for risk-and-reward that will motivates both parties to make the relationship a success. This phase ends with the contract being signed. In this phase in the life of a strategic alliance, an internal structure occurs under which its functions develop. While operating it, the alliance becomes an own new organization itself with members from the origin companies with the aim of meeting all previously set objectives and improving the overall performance of the alliance which requires effective structures and processes and a good, strong and reliable leadership.

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Business Formation
Business Management
Business Operations
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Client and Customer
Construction
Employment
Event
Event & Project Management
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Financial Management
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Human Resources
Inventory
IT Project Management
Manufacturing
Personal & Family
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Website & Services
Will & Estate Planning
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Excel
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