The applicant will return two signed and notarized Research Partner Agreements to the Department. SAMPLE INDUSTRIAL PARTNER AGREEMENT. Submit an original copy, all required attachments, and the Once an applicant submits a completed application to the Department with a This document provides guidance for those participating in the Industrial Hemp Agricultural Research Pilot Program.The Department is accepting applications from individuals or businesses interested in conducting research relating to the growing of industrial hemp.The purpose of this form is to file changes to an existing Research Partner's scope of work for Department approval.This document serves as a sample Research Partner Agreement that industrial hemp growers will receive if approved to join the pilot program.Authorized industrial hemp growers must submit the forms included in the 2020 Industrial Hemp Grower Reporting Package, in accordance with the directions on page 1 of the document. The death of either Partner shall grant the surviving partner the right to purchase the other Partner’s interest in the Partnership or dissolve the Partnership entirely at their discretion. Some firms have a managing partner, who is responsible for the overall running of the partnership, the day-to-day financial, legal, and human resources functions. Jeffrey Glen Looking at what you have commented, there is a couple of things you need to absolutely do as quickly as you can before going forward. A partnership agreement is a written agreement between two or more than two people who wish to join as partners and to conduct a business to earn profits.

Upon receipt, the Department will issue and mail to the Research Partner (formerly the applicant) an official Industrial Hemp Research Partner Authorization and one copy of the fully executed Research Partner Agreement. Or, they could be highly formalized, commercial, contract-driven agreements that establish a new entity, jointly owned by two or more parties. The Department invites grower applications from individuals and businesses for the Industrial Hemp Agricultural Research Pilot Program. How to Find a Business Partner While this sample agreement is intended to an example of the structural framework of an agreement, the actual language in the agreement should be developed in conjunction with the university’s legal counsel. Finding a business partner can be easy, finding the right business partner for the business you already have or a new business you plan to start, might not be as simple. Finding the Right Co-Founder An industrial partnership is an agreement between a non-commercial body, such as a university, and a business or industrial organisation. The Governor has recognized industrial hemp as a promising new economic opportunity for farmers and signed legislation to solidify the status of industrial hemp as an agricultural commodity under New York Agriculture and Markets Law. Adam Colgate 2019 forms will not be accepted after June 30, 2020.Hemp growers applying to sell live hemp plants must also be The New York State Department of Agriculture and Markets