This is a circuit board alliance agreement between a high-cost manufacturer and a low-cost manufacturer of circuit boards. The high-cost manufacturer wishes to establish a lower-cost manufacturing capability, and the low-cost manufacturer wishes to establish itself as a quality manufacturer. This document defines their working relationship.
New York Circuit Board Alliance Agreement Contract
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Multi-State
Control #:
US-TC0515
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FAQ
The underlying premise of a traditional contract is adversarial in that each party seeks its own best commercial interests. In an alliance contract both parties, contractor and client, accept a collective responsibility for risk, performance and outcome (gain-sharing / pain-sharing) and avoid a blame culture.
An alliance agreement, sometimes called a contractual joint venture agreement or a strategic alliance agreement, between two independent entities that agree to work together, without forming a jointly owned entity, to compete for and work on a project or series of projects.
What is an Alliance Agreement? An alliance agreement, also known as a joint venture agreement, is a legal agreement between parties that outlines their rights and responsibilities as they form a partnership on a new project.
A strategic alliance is an arrangement between two companies to undertake a mutually beneficial project while each retains its independence. The agreement is less complex and less binding than a joint venture, in which two businesses pool resources to create a separate business entity.
Alliance contracting is the term usually applied to project or service delivery where there is one contract between the owner/financier/commissioner and an alliance of parties who deliver the project or service. An alliance contract creates a collaborative environment without the need for new organisational forms.
