It is also a memorandum of understanding or a cooperation agreement, it is one of the first steps towards a more detailed treaty. This shows that there is an understanding between your two parties, a common desire to work together on an agreed goal. Their trade cooperation agreement should contain details such as: the names of the parties concerned; the object, objectives and objectives of this Agreement; the date and initial duration of the agreement; the responsibilities of each party; additional guarantees or promises; how many days each party has to solve a problem; are the owners of the intellectual property created by one of the parties; whether both parties may be exempted from obligations for reasons beyond their control; arbitration, assignment and confidentiality clauses; and more. We`re here to help you do it step by step. Other names in this document: Cooperation Agreement, Partnership and Cooperation Agreement, Commercial Cooperation Agreement Upon receipt of this Agreement (a), it shall be published by the Public Party or transmitted without restriction by the Public Party to third parties, including the Customer; (b) it has been lawfully obtained by the party obtaining it from other sources, including the customer, provided that such other source has not obtained it due to a breach of this agreement or any other agreement between the parties; or (c) where such information is relevant to the state of public knowledge or is known to the public through no fault of the receiving party. .