Business Partnership

Proposal Template

Prepared for: Prepared by:

Client Name Sender Name
Chummaload Chumma cafe

Document Ref: UEVGZ-728FB-G3XAT-AHOXV Page 1 of 7

 For a contemplated Partnership, Strategic Alliance or Joint Venture (JV) between Chumma
cafe (or “Chumma cafe”), [Signer.Company](or “[Signer.Company]”).

Submitted by: [Signer.Company].

This proposal contains the proprietary information of [Signer.Company]and shall not be

shared outside of the above named parties.

Background
[Signer.Company]met with Chumma cafe and COMPANY C and shared with them its plans
related to describe the business venture.

[Signer.Company]possesses rare insights and expertise necessary to develop systems and

applications related to the above, while Chumma cafe has the resources needed to
develop such systems and applications.  

The parties believe there may be mutual bene t in forming a business partnership or
strategic alliance and pooling their resources and assets in order to pursue the objectives
below.

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 Objectives of the parties
Catalog Management –

• A DIY web-based platform wherein… (Chumma cafe & [Signer.Company])

• A more sophisticated application for comprehensive project-based catalog

management services ([Signer.Company])

Data & Analytics –

• A web-based data and analytics platform that will give… (Chumma cafe &
[Signer.Company])

Contributions & responsibilities of the parties

[Signer.Company] owns intellectual property, including, but not limited to, plans, methods
and processes needed for the development of the systems and applications
contemplated above.

Chumma cafe brings capital/resources and marketing and business development

expertise as well as expertise in hosting and managing online subscription-based
platforms. NOTE: the arrangement could be set up where funding is sought from outside
Chumma cafe.

The below table shows each parties’ anticipated contributions during the development
and execution phases of any strategic alliance or partnership that may be entered into.

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 [Signer.Company] Chumma cafe

DEVELOPMENT Web-based DIY Intellectual Capital/Software

PHASE Catalog property, including Development
Management plans & know-how.
platform

Project-based Intellectual Capital/Software

Catalog property, including Development
Management plans & know-how.
application

Web-based Data & Intellectual Capital/Software

Analytics platform property, including Development
plans & know-how.

Intellectual Capital/Software
property, including Development
plans & know-how.

Intellectual Chumma cafe

property, including clients
plans & know-how.

Intellectual Capital/Software
property, including Development
plans & know-how.

EXECUTION PHASE Web-based DIY Consult on Website hosting &

Catalog upgrades & sales maintenance &
Management support customer service &
platform sales & marketing

Project-based [Signer.Company]
Catalog will perform all
Management efforts related to
project-based/non-
DIY services

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 [Signer.Company] Chumma cafe

Web-based Data & [Signer.Company] Website hosting &

Analytics platform will share data & maintenance &
provide sales customer service &
support sales & marketing

[Signer.Company]
will perform all
royalty accounting

Sales support Sales & marketing

[Signer.Company]
will have right of
rst refusal for
these services

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 Rights in Developed Software & Services
The following depends on legal structure of the arrangement. The below assumes a
strategic alliance will be formed.

[Signer.Company] Chumma cafe

DEVELOPMENT Web-based DIY Ownership of IP Perpetual License

PHASE Catalog and Tech to be agreed
Management
platform

Project-based Ownership of IP Perpetual License

Catalog and Tech to be agreed
Management
application

Web-based Data & Ownership of IP Perpetual License

Analytics platform and Tech to be agreed

Ownership of IP [Signer.Company]
and Tech may opt to license
as add-on to DIY
catalog mgmt.
platform

Rights/ownership
in musical works in
whole or part to be
agreed – subject to
existing agmts.

Right of rst
refusal on…

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 Legal considerations
This potential alliance or partnership could take a number of forms. Given the
complexities, a strategic alliance agreement may make the most sense, but we need to
clarify a number of items for that kind of agreement (e.g. revenue/pro t splits or royalty
payments).  A JV could be construed as a partnership and if a JV is desired, it may make
sense to set the JV up as an LLC for liability reasons. This could get complicated.

Revenue or pro t splits / royalties

A discussion around revenue share, pro t share or royalties is dependent on the legal
considerations above.  We will leave this TBD for now.

AGREED BY THE PARTIES: 

Chumma cafe Chummaload

01 / 08 / 2020 01 / 08 / 2020

Document Ref: UEVGZ-728FB-G3XAT-AHOXV Page 7 of 7

 Signature Certificate
Document Ref.: UEVGZ-728FB-G3XAT-AHOXV

Document signed by:

Chumma Load
Verified E-mail:
chummaload@gmail.com

IP: 49.207.128.100 Date: 08 Jan 2020 04:46:03 UTC

Document completed by all parties on:

08 Jan 2020 04:46:03 UTC
Page 1 of 1

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