A Cooperative Endeavour Agreement is a legally binding contract that sets out the terms of collaboration between two parties who wish to work together on a joint initiative, partnership, or shared project. This type of agreement outlines the contributions, responsibilities, and expectations of each party, ensuring a fair and transparent framework for the relationship. It also protects both sides if one party fails to fulfil their obligations.

Whether you’re co-developing a new product, launching a joint venture, or engaging in cross-company innovation, a Cooperative Endeavour Agreement provides the legal structure needed to keep the collaboration on track.

What is a Cooperative Endeavour Agreement? 

A Cooperative Endeavour Agreement formally documents the shared intentions of two parties to work together toward a defined goal. It is typically used when both parties are contributing something valuable—such as funding, expertise, intellectual property, or services—and want to clearly establish their roles and responsibilities.

Unlike informal partnerships, this agreement provides a written and enforceable structure. It helps avoid disputes, ensures accountability, and allows both parties to clearly reference agreed terms throughout the project.

When do you need a Cooperative Endeavour Agreement?

You should use a Cooperative Endeavour Agreement when:

• Two or more entities are collaborating on a joint project or product development
• Each party is contributing something of value—financial, intellectual, or operational
• You want to clarify ownership of project outcomes, including intellectual property
• There is a risk of default or non-performance that requires legal recourse
• You want to formalise terms for funding, timelines, termination, or dispute resolution

The agreement acts as a roadmap for cooperation and helps ensure trust, alignment, and clear expectations from the start.

Create your Cooperative Endeavour Agreement with Bind

With Bind, you can create a fully customised Cooperative Endeavour Agreement in just a few minutes. Simply enter your organisation details, project purpose, and key terms. Bind’s document builder will guide you through the rest—ensuring the agreement includes everything necessary for certainty and business success.

You can edit the agreement manually or use AI support to tailor the language, and sign digitally to get started quickly.

What does a Cooperative Endeavour Agreement include?

A professionally drafted Cooperative Endeavour Agreement should contain the following elements:

1. Parties
2. Purpose of the project purpose
3. Financial contributions
4. Obligations for each party
5. Intellectual property rights
6. Confidentiality
7. Term and termination
8. Dispute resolution
9. Governing law and jurisdiction

All of these are included in Bind’s dynamic Agreement Builder and can be adapted to your specific collaboration.

What happens if you don’t use a Cooperative Endeavour Agreement?

Without a written agreement, joint projects are far more vulnerable to misunderstandings, conflicting expectations, and disputes over contributions, timelines, or ownership of results. If a party defaults, it may be difficult to hold them accountable without clear documentation.

A Cooperative Endeavour Agreement provides both protection and a practical framework for cooperation. It ensures the project starts on solid ground and gives both parties confidence in their shared goals.

Cooperative Endeavour Agreement – free template

This Cooperative Endeavour Agreement (the “Agreement”) is made and entered into by and between:

(1) [Company Name], a company incorporated in [Country], with Company Number [Number], and having its registered office at [Address] (“Party A”); and

(2) [Company Name], a company incorporated in [Country], with Company Number [Number], and having its registered office at [Address] (“Party B”).

Referred to individually as a “Party” and together as the “Parties”.

Recitals
WHEREAS, the Parties wish to [Specify the Endeavour] (the “Project”);
WHEREAS, the Parties agree to establish the terms and conditions under which they will collaborate on the [Specify] of the Project.

Funding and Financial Contributions
Party A agrees to contribute [Specify]. Party B agrees to contribute [Specify].

Obligations of the Parties
Party A will provide [Specify]. The Partner [Specify].

Duration and Termination
This Agreement becomes effective on [Date] and remains in force until [Date / the completion of the Project], unless terminated earlier. Either Party may terminate with [number] days’ notice or immediately in case of a material breach not remedied within [number] days.

Intellectual Property
All intellectual property developed in the course of the Project shall be jointly owned unless otherwise agreed. Each Party grants the other a non-exclusive, global licence to use their pre-existing IP solely for the Project.

Confidentiality
Each Party agrees to keep confidential any proprietary or sensitive information exchanged during the Project and to use such information only for purposes outlined in this Agreement.

Dispute Resolution
Disputes will first be resolved through negotiation. If that fails, the matter shall be referred to arbitration under internationally recognised rules agreed by the Parties.

Miscellaneous
This Agreement is the entire agreement between the Parties. Notices must be sent in writing. Amendments must be in writing and signed by both Parties. Invalid provisions shall not affect the remainder of the Agreement.

Governing Law and Jurisdiction
This Agreement shall be governed by the laws of [Country], and the courts of [City] shall have exclusive jurisdiction over any disputes arising from it.

Signatures
This Agreement has been signed digitally.

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Bind is the easiest way to create a Cooperative Endeavour Agreement that protects your interests and drives your collaboration forward. Start now with Bind and launch your project on solid legal ground.