Business Partnership Agreement (BPA)
Business Partnership Agreement (BPA) is an agreement by two companies to work together in a partnership.
- governs long-term strategic partnerships between organizations
- encompass various objectives, including:
- goals
- financial arrangements
- decision-making processes
- intellectual property rights
- confidentiality
- and dispute-resolution mechanisms
- e.g.,
- partner agreements that large IT companies set up with resellers and solution providers
- two companies jointly develop and market a product