Professional Documents
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Educom Online
Subject: Collaboration Agreement between Educom Online and Mad About Sports
This Collaboration Agreement (the “Agreement”) is entered into as of [Date] (the “Effective
Date”), by and between Educom Online, a company registered under the laws of [Country],
having its principal place of business at Kolkata (the “First Party”) and Mad About Sports, a
company registered under the laws of India, having its principal place of business at Gurgaon
(the “Second Party”), collectively referred to as the “Parties.”
WHEREAS, the First Party is engaged in the business of providing educational and skill
development services to underprivileged youth to help them achieve their career goals;
WHEREAS, the Second Party is engaged in the business of providing sports-related services
and products;
WHEREAS, the Parties desire to collaborate for the mutual benefit of both parties and to create
synergies in their respective business operations;
NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein,
and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Parties agree as follows:
1.2 The Second Party shall provide the necessary support and resources, including but not
limited to, sports-related products, services, and expertise, to ensure the success of the
collaboration.
Revenue Sharing and Payment Terms
2.1 The Parties agree to the following revenue sharing structure for the sale of products and
services:
2.2 The Second Party shall collect all payments in its designated account, and the First Party's
share of the revenue shall be disbursed on a weekly basis.
4.2 Both Parties shall not make any false promises or representations regarding each other's
products and services.
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above
written.
Mad About Sports Educomp Online
Aditya Kachave