Alliance Agreement
/əˈlaɪəns əˈɡriːmənt/
Definitions
- (n.) A contract between two or more parties to cooperate for mutual benefit while remaining independent entities.
The companies signed an alliance agreement to jointly develop new technology.
Forms
- alliance agreement
- alliance agreements
Related terms
See also
Commentary
Draft alliance agreements should clearly define each party's rights, obligations, and the scope of cooperation to avoid disputes over autonomy and shared resources.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.