Project Partnership and Cooperation Agreement Letter

Sample -1

I hope you all are well. It is to bring to your attention that I Arthur Eliot holding CNIC [x], residing at the address [x] is willing to do a business project with you all. This business project is based on partnership. The details of all the partners and project are as follows: 

Name of the team lead: [x]
CNIC: [x]
Address: [x]

Name of the second partner: [x1]
CNIC: [x]
Address of the partner: [x]

Name of the Business Project [x]
Registration no: [x]

I am writing this letter to share the nature of the business project, the terms and conditions of the partnership and to assure my hearty cooperation in this matter. Project [x] is an extension of the existing business [x]. We deal with men’s customized shirts but this time we are launching a new project with women’s outfits. Your cooperation is required for this task under the following terms and conditions:

  1. This agreement will be made between the Team lead, partner [x1], partner [x2] and partner [x3].
  2. This agreement will be valid from the period of one year with effect from 20th October 20xx till 20th October 20xx.
  3. All the partners will be carrying out their given task and will show cooperation
  4. The job descriptions of all the partners are but are not limited to seeking creative ideas, supervising accounts, fetching customers, endorsing celebrities, negotiating with sponsors and promoting the project.
  5. Each partner will contribute to the project in the following distribution and will be harvesting profit in the same manner

Team lead: 40 percent

[x1]: 30 percent

[x2]: 20 percent

[x3]: 10 percent

  • This agreement will not be terminated or dissolved unless all the partners agree to it. 

Please go through these terms carefully and let me know when you are all available to sign the agreement. I have arranged a meeting day after tomorrow at 3:00 pm at my office. In case you are not available give me a call at my number so we may reschedule it as per the requirement. In case you have a query you may also drop an email at my email address [x]. I have also informed my legal advisor, Mr. William Charles, about this project, you will be hearing from him soon. 

I look forward to hearing from you soon. Awaiting your collaboration and cooperation. Thanking you in anticipation. 

Kind Regards,

Project Partnership and Cooperation Agreement Letter

File: Word (.docx) Size: 12 KB

Sample -2

I hope you are doing great. I welcome you all to project [x]. As you all know that our new project [x] is in the pipeline and is the team head for this project I am seeking your cooperation and assistance in this project. I am sharing the terms and conditions of this project partnership with you so you may read them and we may sign the agreement. In case you do not understand the terms please do not hesitate to give me a call at my number [x]. Following are the terms and conditions:

  1. This agreement will be valid from 5th May 20xx till 5th May 20xx for the duration of one year.
  2. All the partners are supposed to meet their job description as provided in appendix A
  3. This agreement will not be dissolved unless all the partners agree.
  4. The budget for this project is $ [x] and the financing and respective profit will be made in the following manner: 

Team lead: 50 percent

Partner 2: 30 percent

Partner 3: 20 percent

  • All the partners hereby undertake that they will comply with all the terms and conditions and will comply with the team lead for the necessary documentation.

After reading it carefully, please let me know your availability to sign the agreement. I am sending a copy of this letter to our legal advisor Mr. Shawn Isaac. He will be contacting you all soon for legislation procedures. I look forward to hearing from you all soon. Thank you for your cooperation. 

Warm Regards,

Project Partnership and Cooperation Agreement Letter

File: Word (.docx) Size: 12 KB