Typically, the hardest part of drawing up a good alliance contract is negotiating termination rights.

Question

Quizplus · Accepted Answer

Negotiating termination rights can be a complicated and sensitive process, as it involves determining under what circumstances the alliance can be terminated, how much notice must be provided, and what happens to any shared assets or intellectual property. It is important for both parties to clearly define these terms in the contract to avoid disputes in the future.

Typically, the Hardest Part of Drawing Up a Good Alliance