This SaaS Development Partnership Agreement (“Agreement”) is made and entered into as of (“Effective Date”) by and between:
Collectively referred to as the “Parties.”
The purpose of this Agreement is to collaboratively develop, deploy, and operate a software-as-a-service (“SaaS”) product as described below:
| Party | Roles and Responsibilities |
|---|---|
| Partner 1 | |
| Partner 2 |
Each party agrees to make the following contributions towards the SaaS development project:
Ownership and intellectual property rights in the SaaS product shall be as follows:
| Party | Revenue Share (%) |
|---|---|
| Partner 1 | |
| Partner 2 |
This Agreement will commence on the Effective Date and continue until terminated by either party upon written notice. Termination conditions:
The Parties agree to maintain confidentiality concerning all proprietary information shared during the partnership.
| Partner 1 | Partner 2 |
| Date: | Date: |