Co Promotion Agreement Template
This Agreement contains the entire agreement of the parties, and there are no other promises or conditions in any other agreement, whether oral or written, with respect to the subject matter of this Agreement. This Agreement supersedes all prior written or oral agreements between the parties. If your business and another company want to team up for a joint marketing or advertising campaign, a co-marketing agreement will help protect both businesses and avoid misunderstandings by using the file. Neither party may use the other party`s name in press releases, public announcements, advertisements or other forms of advertising without the prior written consent of the other party. Each party is hereby authorized to use the names of the other parties in its promotional material for the sole purpose of identifying the party as a customer and location in order to find additional information about its products and services. Each Party shall grant permission to approve the trademarks and trade names of the other Parties only to the extent necessary for the performance of its obligations under this Agreement. Any controversy or dispute arising out of or in connection with this Agreement shall be resolved by binding arbitration in accordance with the then-current Commercial Arbitration Rules of the American Arbitration Association. The Parties shall elect a mutually acceptable arbitrator who is familiar with matters relating to the subject matter of this Agreement. In the event that the parties cannot agree on such selection, each party shall elect an arbitrator and the two arbitrators shall elect a third arbitrator in turn, who shall jointly preside over the case. The arbitration shall take place in a reasonably central location between the parties or otherwise mutually agreed upon between the parties. All documents, documents and information in the possession of each party and relevant in any way to the dispute will be made available to the other party for review and copy no later than 30 days after the delivery of the notice of arbitration. The arbitrator(s) shall not be permitted to modify any provision of this Agreement or award punitive damages.
The arbitrator(s) have the power to issue binding injunctions and injunctions in the arbitration. The decision of the arbitrator(s) is final and binding on the parties, and the judgment may be registered in any court of competent jurisdiction in accordance with the decision. The arbitration agreement is particularly binding under applicable arbitration law. During the continuation of any arbitration, the parties shall continue to perform their respective obligations under this Agreement. [Insert name] and [Insert partner name] plan and organize joint seminars, open days, public relations events, press releases, testimonials, demonstrations and joint participation in trade fairs, congresses and conferences, as required. Both parties agree to review all documents together before they are sent and approved in writing by mail or email before communicating customer correspondence to [Insert Name] customers. Any joint advertising will be processed by the parties during the term of this Agreement. Upon expiration of this Agreement, the parties are not obligated to promote the other party`s products and services and must obtain permission from the other party to further promote the other party`s products and services. The parties agree that each party is entitled to a percentage of the total turnover generated by the other party`s products and services.
On the _________ [Insert Name] is entitled to retain 0% of the total turnover of products and services [Insert Partner Name] made under this Co-Marketing Agreement. [Insert Affiliate Name] is entitled to retain 0% of the total turnover of products and services [Insert Name] made under this Co-Marketing Agreement. At the time of the accounting exchange, each party shall also transfer payment of the percentage of sales due by the other party under this payment agreement. Failure to provide accounting or, if necessary, make timely payment to the other party shall be considered a material error in this Agreement. A Party shall not grant manufacturing rights in the goods of the other Party. In addition, this Agreement does not grant or imply any license to any patent owned or controlled by [Insert Name] or [Insert Partner Name] or under which [Insert Name] or [Insert Partner Name] has any rights, except for the right to jointly market the products and services covered by this Agreement during the Term and as provided herein. This co-marketing agreement is a contract that specifies how two companies exchange materials, tools and training to market their respective products or services. In this Agreement, marketing partners may organize joint marketing events or conduct joint promotions or sales. In exchange for support, each marketing partner is entitled to a percentage of the total revenue they generate directly from the products or services of the other marketing partner, in addition to a percentage of the sales made with the product or service provider as a result of the joint marketing efforts. Entering into a co-marketing agreement can help a company reduce its advertising costs, as marketing partners share the cost of all marketing promotions or events together. This agreement allows the two companies to define the terms of payment, the territory of marketing and the way disputes are handled, as well as other contractual conditions of basic service.
Other names for this document: Joint Marketing Agreement, Cooperative Marketing Agreement Nothing in this Agreement shall be construed as preventing [insert name] or [insert partner name] from selling or otherwise marketing products or services of its or other parties, directly or indirectly, to other customers or through other distribution channels within or outside the Territory. . . .