What is existing partner agreement in SAP SAP-LEGAL - Global Field Legal?

SAP Term: existing partner agreement

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: A partner agreement between Partner and Sybase under which orders for partner support exist and which will in the future be handled under the PE VAR Agreement under VAR Delivered Support.

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• Key Concepts: 
  An existing partner agreement is a contract between two or more parties that outlines the terms and conditions of their business relationship. It is a legally binding document that sets out the rights and obligations of each party. It is typically used when two companies are entering into a new business relationship, such as a joint venture or a strategic alliance.
  
  How to use it: 
  When entering into a new business relationship, it is important to have an existing partner agreement in place. This agreement should clearly define the roles and responsibilities of each party, as well as the terms and conditions of the relationship. It should also include provisions for dispute resolution and termination of the agreement.
  
  Tips & Tricks: 
  When drafting an existing partner agreement, it is important to ensure that all parties understand the terms and conditions of the agreement. It is also important to ensure that all parties are in agreement with the terms and conditions before signing the agreement. Additionally, it is important to review the agreement periodically to ensure that it remains up-to-date with any changes in the business relationship.
  
  Related Information: 
  SAP-LEGAL Global Field Legal provides legal advice and guidance on existing partner agreements. They can help you draft an agreement that meets your needs and provide advice on how to ensure that all parties understand and agree to the terms and conditions of the agreement.