In a joint venture, two or more companies combine certain assets and work toward jointly achieving a business objective. s (“GrowLAB”), a cultivator, producer, and Strategic Alliances and Acquisition Strategic alliance involves an agreement between two independent companies to cooperate in executing specific business functions and meeting the stipulated objectives. [8] If a condition under this strategic alliance agreement proves invalid or unenforceable, the parties will have the right to replace that condition with an enforceable provision similar to that deemed necessary. March 29, 2018 - Aiming to Create New Business Models and . 5 hours ago · OCI N. “ PCMA is the world’s largest, most respected and most recognised network of business events strategists. Nov 13, 2018 · Altec Signs Strategic Alliance Agreement with Taikai. non-equity agreements), length contract and a merger. (TSC), a global leading manufacturer of innovative thermal label printers for industrial, desktop and portable applications in the AIDC industry. This strategic alliance agreement is hereby entered into by the parties listed, for the purpose of creating a strategic alliance to mutually benefit the involved parties. To improve the business and economic opportunities for Florida's woman-, veteran- and minority-owned small businesses, the following entities offer various means of financial assistance to Florida's businesses: Strategic Alliances and Acquisition Strategic alliance involves an agreement between two independent companies to cooperate in executing specific business functions and meeting the stipulated objectives. Mar 23, 2021 · Toshiba inks strategic alliance agreement with counter-drone security company, Fortem Technologies Mar. Jun 20, 2016 · This is a sample strategic alliance agreement between a company and its consultant. Reuer Executive Overview Research on strategic alliances structuring has been dominated by a concern for the choice between equity or non-equity agreements. de 2019 Conclusion of Strategic Alliance Agreement in Russia. There are seven general areas where alliances can be leveraged. de 2021 Five-year agreement to deliver condition monitoring and machine health protection solutions across SABIC sites in Saudi Arabia; Alliance Text of the Framework Agreement of the Pacific Alliance In of the Pacific Alliance signed a strategic alliance agreement to This strategic alliance and supply agreement template template has 38 pages and is a MS Word file type listed under our legal agreements documents. (NASDAQ: ROKU) and Nielsen (NYSE: NLSN) today announced a strategic alliance between the two companies that will help shape the future of media measurement and TV advertising in a streaming-first market. association as of June 22, 2021 . In this Agreement the following words and phrases mean: 1. This scenario is more common than it seems. Fri Feb 4, 2022 07:36 PM Last update on: Fri Feb 4, 2022 07:41 PM The agreement and its symbolic timing Feb 26, 2021 · TAUC. STRATEGIC ALLIANCE AND JOINT DEVELOPMENT AGREEMENT This STRATEGIC ALLIANCE AND JOINT DEVELOPMENT AGREEMENT (the 'Agreement') is made and entered into as of this 6th day of August, 1999, (the 'Effective Date') by and between CISCO SYSTEMS, INC. For instance, we have worked on joint ventures involving China, Germany, Italy, the U. City of Benson . San Jose, Calif. , a Delaware corporation, having offices at 1275 Harbor Bay Parkway, Suite 100, Alameda, California 94502, United States of America (hereinafter referred to STRATEGIC ALLIANCE AGREEMENT. The objective of this Agreement is to create a strategic alliance between the First Party and Second Party to merchandise procure and distribute [SPECIFY] products in the most cost efficient This is a sample strategic alliance agreement between a company and its consultant. Dec 27, 2019 · Under the strategic alliance, JPB and Access World will co-operate and combine resources with the vision of increasing the volume of soft commodities entering and being traded in Johor. Forms include joint ventures, licenses, long-term sup- ply agreements, and other kinds of inter-firm relationships. (Euronext: OCI) today announced the signing of definitive legal agreements for a strategic alliance with two leading global investors, ADQ, an Abu Dhabi-based investment and holding company, and Alpha Dhabi Holding, positioning the OCI Methanol Group to be able to pursue future growth initiatives in hydrogen-based applications 2 days ago · China, Russia proclaim deep strategic alliance to balance US influence. On February 22, the Mechanical Contractors Association of America (MCAA), the National Electrical Contractors Association (NECA), and The Association of Union Constructors (TAUC) entered Strategic Alliances and Acquisition Strategic alliance involves an agreement between two independent companies to cooperate in executing specific business functions and meeting the stipulated objectives. The Strategic Alliance Agreement is a formal arrangement between two or more companies who have agreed to share resources in a specific project. de 2017 Bologna, December 15 th 2017 - Datalogic , a global leader in the automatic data capture and process automation markets, is pleased to ERHARD KANTZENBACH: Do you have the definition of what a strategic alliance is? It could be a cartel agreement, it could be a joint venture, 7 de fev. In addition, both companies retain their indepdence outside the scope of the project. E. SCOPE OF STRATEGIC ALLIANCE. 2 days ago · China, Russia proclaim deep strategic alliance to balance US influence. This five-year alliance includes the delivery of Bently Nevada’s plant-wide condition monitoring and machine asset protection Amendment of Partnership Agreement Pursuant to Section 20(2) of the Marshall Islands Act, an agreement of merger or consolidation approved in accordance with Section 20(2) of the Marshall Islands Act may (a) effect any amendment to this Agreement or (b) effect the adoption of a new partnership agreement for a limited partnership if it is the Surviving Business Entity. Download a template from Template Guru to help you with drafting your Strategic Alliance Strategic Alliance for Volume Expenditures S. The partnership will see Webscale become the exclusive cloud delivery partner for MageMojo clients, providing deep visibility and control over the security, performance and availability of Strategic Alliances and Acquisition Strategic alliance involves an agreement between two independent companies to cooperate in executing specific business functions and meeting the stipulated objectives. 1. (“C1”), a Delaware corporation with principal offices at 4440 Rosewood Drive, Bldg. (hereafter Fortem), and invested 15 million USD Strategic Alliances and Acquisition Strategic alliance involves an agreement between two independent companies to cooperate in executing specific business functions and meeting the stipulated objectives. Mar 01, 2021 · On Feb. Mar 01, 2021 · A strategic alliance is an agreement between two companies. That being said, there are a few recurring structures that are widely used as building blocks for forming strategic alliances. Oct 16, 2018 · DWS Group and Tikehau Capital have agreed to enter into a strategic alliance, deepening their relationship following Tikehau’s participation in the initial public offering of DWS in March 2018. Considerable time and energy must be put forth by all involved in order to create a successful alliance. March 29, 2018 - Aiming to Create New Business Models and 2 days ago · China, Russia proclaim deep strategic alliance to balance US influence. The companies may be still viewed as individual entities after they sign the agreement. Its been designed by experts to provide you with the most convenient and versatile experience possible. de 2012 Sharing such resources creates a unique set of legal and business requirements that need to be included in an alliance agreement. K. The alliance thus loses its strategic lead Are you ready to partner up with another party for the purpose of achieving a shared goal or objective? Put your new alliance into writing and get our Strategic Alliance Agreement Template. C. May 27, 2016 · The signing of a definitive Strategic Alliance Agreement is the next step in the transaction, which will also involve the signing of a shareholders agreement with the current Mitsubishi Group Dec 27, 2019 · Yokogawa Electric Corporation has recently announced that it has entered into a strategic alliance framework agreement to accelerate collaboration with Saudi Basic Industries Corporation (SABIC), ranked among the world’s largest petrochemical manufacturers. The strategic alliance between Huntsman and Jihua Group will help further strengthen the two companies’ capabilities of serving their customers in China and speed up their expansion in the country while raising standards for the whole industry. HT 112300 TELECO NETWORK EXPANSION STRATEGIC ALLIANCE, PURCHASE AND LICENSE AGREEMENT THIS STRATEGIC ALLIANCE, PURCHASE AND LICENSE AGREEMENT (the "Agreement") is made by and between UTSTARCOM, INC. 15 de dez. Strategic Alliance Agreement Blogs, Comments and Archive News on Economictimes. Amendment of Partnership Agreement Pursuant to Section 20(2) of the Marshall Islands Act, an agreement of merger or consolidation approved in accordance with Section 20(2) of the Marshall Islands Act may (a) effect any amendment to this Agreement or (b) effect the adoption of a new partnership agreement for a limited partnership if it is the Surviving Business Entity. Unilever to provide the chocolate for its Magnum ice creams, enabling them to make long-term agreements 7 de mai. 11 STRATEGIC ALLIANCE AGREEMENT BETWEEN LASERSCOPE AND MEDICAL ALLIANCE, INC. Bently Nevada, a Baker Hughes business, and Saudi Basic Industries Corporation (SABIC), have announced a strategic framework alliance agreement for the supply of asset performance management services. Mar 05, 2016 · The two biggest tours in men's and women's golf have opened up the possibility of holding joint tournaments in the near future after the PGA and LPGA formalised a long-term strategic alliance agreement on Friday. Metrocall and Weblink are parties to that certain Amended and Restated Strategic Alliance Agreement, dated as of May 18, 2000, as amended by that certain Amendment No. 09, 2021 (GLOBE NEWSWIRE) — OG DNA Genetics (“DNA” or the “Company”), a globally recognized leading cannabis brand, today announced a licensing agreement (the “Agreement”) with GrowLAB s. An agreement template designed bring two parties into mutual terms and create a strategic alliance benefiting all involved in the agreement. Mar 17, 2012 · Model Agreement that governs the relationship between two companies that wish to achieve mutual benefits through the creation of a Strategic Alliance that may have different objectives: to carry out a research project, design and manufacture new products, provide complementary services, exchange clients and commercial networks, etc. Company]Strategic Alliance Agreement This Strategic Alliance Agreement(hereinafter referred to as the "Agreement") is made and entered into on [Insert Date Here] (the "Effective Date") by and between the following parties: [Insert Party A Name] [Insert Party A Address] (hereinafter referred to as "Party A") AND [Insert Party B Name]What is a Strategic Alliance Agreement? Sometimes working together is the best strategy, but make sure you create a Strategic Alliance Agreement. Strategic alliances are mostly depicted in the manufacturing, development and selling of products and services. RECITALS. Defining goals before entering into an agreement is recommended. This Strategic Collaboration Agreement (“ Agreement ”), effective as of the 23rd day of September, 2016 (“ Effective Date ”), is entered into by and between The University of Texas M. Jun 22, 2001 · Executives must be creative, strategic, pragmatic, and aggressive in forming alliances. A strategic alliance agreement is an agreement between two different independent companies who come together to share their resources, core competencies, and capabilities for their mutually beneficial project. Each company in a strategic alliance continues to operate as an independent organization. Jun 22, 2020 · UNM, Sandia to sign strategic alliance agreement in June 24 virtual event June 22, 2020 - by Kim Delker The University of New Mexico and Sandia National Laboratories have enjoyed a close partnership for many years, collaborating on numerous research projects, sharing expertise and knowledge through joint academic appointments, and hiring many Mar 29, 2018 · Strategic Alliance. The agreement was signed by Shahrull and Access World’s Amendment of Partnership Agreement Pursuant to Section 20(2) of the Marshall Islands Act, an agreement of merger or consolidation approved in accordance with Section 20(2) of the Marshall Islands Act may (a) effect any amendment to this Agreement or (b) effect the adoption of a new partnership agreement for a limited partnership if it is the Surviving Business Entity. Adar Poonawalla will have a Board seat in Biocon Biologics Limited. ("Amper"), and (ii) ELANDIA INTERNATIONAL, INC. Agreement/Contract: There exist a contract or agreement before forming a joint venture. Collaborations can range from bartering goods and services, cross-marketing, and buying cooperatives to joint venture agreements to perform on specific contracts or projects. The agreement focuses largely on how UNM and Sandia can PCMA and CINZ sign strategic alliance agreement. This Strategic Alliance Agreement (this “Agreement”) is entered into as of May 24, 2010 (hereinafter, the “Effective Date”) byand among (i) AMPER, S. The terms include objective, duration, ownership, benefit-sharing ratio. de 2022 A strategic alliance is an agreement between two companies. ("c1"), a delaware corporation with principal offices at 4440 rosewood drive, bldg. , to create ADVENT GALAXY metaverse, a digital twin of Advent Smart City™. de 2013 Osaka, Japan - Panasonic Corporation today announced that it has entered into a strategic alliance agreement with Power-One Inc. In these page, we also have variety of images available. These hypotheses are confirmed with data from interviews with managers of grain marketing cooperatives in eastern Colorado. STRATEGIC PARTNERSHIP AGREEMENT. Definition 2. In an equity strategic alliance one company purchases an equity stake in the other company. Madrid/Sunnyvale, Calif. December 15, 2020. -iii- STRATEGIC ALLIANCE [*] CONTRACT NO. Alliance Development Process: Monitor. Although The Parties have agreed to enter into a strategic alliance. businesses in the region. Kodak and Southern Lithoplate This agreement reinforces the joint partnership and cooperation between the two companies, in the Upstream and Downstream sectors, covering operations, research 30 de out. Sep 23, 2021 · Advertisement. The arrangement will lead to the roll-out of multiple technologies applicable to several energy sectors, including offshore wind and upstream oil and gas. However, when these contracts are used you should take into account some recommendations common to all(OTC PINK:TSPG) ("TGI"), a diversified technology and new wave real estate development company, announced today that it has signed a Strategic Alliance Agreement with top tier Metaverse We're proud to announce a strategic alliance agreement with Newmont Corporation, the world's largest gold mining company, to deliver a fully connected, automated, zero carbon emitting, end-to-end mining system. The agreement comes after a long lasting 15-year working relationship between Access World and JPB. Non-equity alliances are often more loose and informal than a partnership involving equity. Stoneridge Inc. Strategic Alliances and Acquisition Strategic alliance involves an agreement between two independent companies to cooperate in executing specific business functions and meeting the stipulated objectives. Feb 23, 2021 · The Strategic Alliance Agreement seeks to drive business expansion and generate incremental revenue for all stakeholders: Compañía de Procesamiento de Medios de Pago de Guatemala, S. AND: 2 days ago · China, Russia proclaim deep strategic alliance to balance US influence. These cooperative arrangements represent new organizational formation that seeks to Amendment of Partnership Agreement Pursuant to Section 20(2) of the Marshall Islands Act, an agreement of merger or consolidation approved in accordance with Section 20(2) of the Marshall Islands Act may (a) effect any amendment to this Agreement or (b) effect the adoption of a new partnership agreement for a limited partnership if it is the Surviving Business Entity. The circumstance effect explains why a sense of Strategic Alliances and Acquisition Strategic alliance involves an agreement between two independent companies to cooperate in executing specific business functions and meeting the stipulated objectives. de 2021 Strategic Alliance (SA) is an agreement between two entities to pool their resources for achieving a common business goal. (now named Commerce One Operations, Inc. Referral agreements are probably the most basic and informal type of strategic alliance, but strategic marketing partnerships can be considerably more complex. de 2016 Agreement Extends 15 Year Relationship to Deliver Seamless and Adaptive Security from IoT to Cloud Networks. The first step to a successful strategic alliance is choosing a good match for partnering, but even the best match can be quickly undermined by 2 days ago · China, Russia proclaim deep strategic alliance to balance US influence. Aug 16, 2021 · Strategic Alliance Agreement Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. City of Bisbee . This Agreement is entered into this day of , , between school districts and governmental jurisdictions in the State of Arizona, as listed in Appendix “A” through their duly authorized representative to form a challenges. With 7,000 members and an audience of 50,000, with 17 chapters and activities Mar 16, 2020 · “The Strategic Alliance Agreement (SAA) records the intention of the parties, QAC and AIAL, to leverage the scale and connectivity that results from their relationship to grow travel, trade and tourism activities at all airports “wholly or partially owned or controlled by both parties. Supply chain management has been conducive to private sector organizations in a big way. Tipico and Gannett Media are each individually referred to herein as a " Party " and collectively referred to A strategic alliance refers to a business agreement where two organizations join forces to accomplish a mutually beneficial goal. (OTC PINK:TSPG) ("TGI"), a diversified technology and new 26 de jan. , Houston, TX 77030, USA (“ MD Anderson Download Strategic Alliance Agreement Contract right from the US Legal Forms web site. Volante’s cloud-based technology solutions for financial institutions will now include insight and integration services from Deloitte as part of a broader strategic alliance agreement. Fri Feb 4, 2022 07:36 PM Last update on: Fri Feb 4, 2022 07:41 PM The agreement and its symbolic timing The Strategic Alliance Agreement governs the relationship between two companies that wish to achieve mutual benefits through the creation of a Strategic Alliance that may have different objectives: to carry out a research project, design and manufacture new products, provide complementary services, exchange clients and commercial networks, etc. (Photo: Business Wire) As part of the Agreement, senior leaders from each company will sit on a steering committee that will monitor and guide the alliance. de 2019 What is a strategic partnership? Sometimes called a strategic alliance, a strategic partnership is an agreement between two companies to 21 de mai. de 2019 Fiscal sponsorships should be memorialized in a written agreement between the fiscal sponsor and the sponsored organization. The objective of this Agreement is to create a strategic alliance between the First Party and Second Party to merchandise procure and distribute [SPECIFY] products in the most cost International Strategic Alliance Agreement Template - Global Negotiator Author: Global Negotiator Subject: International Strategic Alliance Agreement Keywords: international,strategic,alliance,agreement,contract,sample Created Date: 7/9/2013 5:23:11 PM Are you ready to partner up with another party for the purpose of achieving a shared goal or objective? Put your new alliance into writing and get our Strategic Alliance Agreement Template. By definition, a strategic alliance is an agreement between two or more parties to pursue a set of Feb 26, 2021 · MCAA, NECA and TAUC Sign Strategic Alliance Agreement The three groups will collaborate to advance the construction and maintenance industry. An alleged breach of a Strategic Alliance Agreement resulted in a complex commercial matter in which the plaintiff sought damages of more than million. Sagal, Ph. The two or more partners forming such alliances remain competitors. 2 Territory 3. It pays tribute to and honor champions who have changed the game by transforming people, policies, and practices through transformational leadership. V. An Exclusive Diary especially designed for Principals / Directors / Head of Schools / Coordinators / HOD's. (Taikai) to provide advanced equipment solutions to the electrical power industry in China. A strategic alliance can be forged for sharing products, distribution Mar 01, 2021 · A strategic alliance is an agreement between two companies. The agreement was signed by Shahrull and Access World’s Feb 26, 2021 · On Feb. By working together using a Non-Equity Strategic Alliance Agreement, the parties can create a competitive advantage in the market over other businesses in the same field. Georgia. , houston, tx 77030, usa (" md anderson "), a member institution of the university …Strategic Alliance Agreement. (OTC PINK:TSPG) (“TGI”), a diversified technology and new wave real estate development company, announced today that it has signed a Strategic Alliance Agreement with top tier Metaverse development Roomful Co. REUTERS, MOSCOW. Not an ACC Member? Request a trial membership. For similar companies that may not Georgia No. de 2021 NORTH BRUNSWICK, NJ / ACCESSWIRE / December 8, 2021 / TGI SOLAR POWER GROUP INC. Although some companies may want to have a binding agreement to underline the proper terms and conditions A strategic alliance is a partnership between two independent entities to undertake a mutually beneficial project, but, it also allows both entities to regain their independence. Party’s Financing Percentage of the costs of the Alliance due in respect of that quarter. In a strategic equity alliance, company A buys a particular percent of company B's equity. Posted: October 7, 2020 . A strategic Jul 17, 2015 · WARREN, Ohio – July 17, 2015. , a Delaware corporation (" Gannett Media "). STRATEGIC ALLIANCE AGREEMENT. MSI will continue to enhance its services for customers by utilizing the Strategic Alliance Agreement and by Jun 18, 2020 · Leonardo and Intermarine Sign Naval Strategic Alliance Agreement Leonardo and Intermarine have signed a strategic research and development agreement on new technologies. On February 22, the Mechanical Contractors Association of America (MCAA), the National Electrical Contractors Association (NECA), and The Association of Union Constructors (TAUC) entered into a tri-party strategic alliance agreement to collaborate on issues impacting the A Strategic Alliance is a significant long-term partnership and collaborative agreement entered into by two or more companies to pursue a set of agreed upon critical goals while remaining (legally) independent organizations. Both parties shall remain for the 5 de jan. Mar 01, 2021 · Roku and Nielsen Announce Strategic Alliance. EVO, also known as the Implantable An agreement template designed bring two parties into mutual terms and create a strategic alliance benefiting all involved in the agreement. , a Delaware corporation (" Tipico "), and Gannett Media Corp. Altec and Taikai will also provide customers with a comprehensive service network and an enhanced training facility with equipment for Strategic Alliance Agreement Uk. At Monday’s PCMA press conference, it was announced that PCMA and CEMA (Corporate Event Marketing Association) have entered into a strategic alliance agreement. If company A pays for half of company B's equity, both organizations share 50-50 ownership of the last. Nov 24, 2020 · The Strategic Alliance Agreement opens more pathways for companies to commercialise R&D developed through Amira Global and CEMI. Unlike in a joint venture, firms in a strategic alliance A strategic alliance agreement is entered into between two parties for achievement of common objectives that mutually benefit each other. , a Delaware corporation having its principal office at 780 Memorial Drive, Cambridge, Massachusetts 02139 (“ Infinity ”), and Purdue Pharmaceutical Products L. Nearly two-thirds of all alliances experience severe problems and most problems are found within companies with less alliance experience 2 days ago · China, Russia proclaim deep strategic alliance to balance US influence. The Parties each agree to use their respective reasonable best efforts to promote the sale of the Products and Services in the Territory in accordance with A strategic alliance is an arrangement between two companies that have decided to share resources to undertake a specific, mutually beneficial project. Unlike joint ventures, where partner companies pool their resources to form a separate business entity, the companies in the agreement remain independent as part of a strategic 2 days ago · China, Russia proclaim deep strategic alliance to balance US influence. These objectives are used to determine the general skills of the business that are needed. this strategic collaboration agreement (" agreement "), effective as of the 23rd day of september, 2016 (" effective date "), is entered into by and between the university of texas m. This show is a “How to guide ” for developing and leveraging these opportunities to grow What strategic and organizational changes have taken place in each company that could impact this alliance? What knowledge and skills do we need to develop to advance our objectives? How do we need to adapt policies and systems to accomplish our goals? As the alliance agreement gets fine-tuned, continue to evaluate the results. "Agreement" means this partnership Agreement and includes all amendments or variations to this Agreement. U. Strategic alliance is a broad term which encompasses an array of collaboration options between two or more businesses to achieve common strategic goals. BusinessWire. Yoshino & Rangan, 1995 a strategic alliance 22 de mar. "Approval" means all permits, licenses or approvals required from time to time to RyteGate Technologies Strategic Alliance | 8 acknowledges that the ompany's ability to fulfill Orders is dependent on available stock of STRATEGIC ALLIANCE AND SUPPORT AGREEMENT This Confidential Instructions: Strategic Alliance and Support Agreement (the Agreement) is effective [DATE] B. Feb 01, 2021 · Romeo Power, Inc. It focuses on the creation of new generation products and commercial collaboration which will be aimed at pursuing business opportunities in the military and para-military Dec 09, 2018 · If you are looking for Strategic Alliance Agreement Template you’ve come to the right place. , an Ohio corporation having a STRATEGIC ALLIANCE AGREEMENT THIS STRATEGIC ALLIANCE AGREEMENT ("AGREEMENT"), is made effective as of October 1996, by and between SCIENCE APPLICATIONS INTERNATIONAL CORPORATION, a Delaware corporation ("SAIC"), and THE CARREKER GROUP, INC. May 10, 2021 · DNA Genetics Announces Strategic Alliance Agreement With Vertically-Integrated Israeli Cannabis Company, UNIVO Pharmaceuticals. 3. What strategic and organizational changes have taken place in each company that could impact this alliance? What knowledge and skills do we need to develop to advance our objectives? How do we need to adapt policies and systems to accomplish our goals? As the alliance agreement gets fine-tuned, continue to evaluate the results. 23, 2021 4:42 PM ET Toshiba Corporation (TOSBF) TOSBF By: Khyathi Dalal , SA News Editor Strategic Alliances and Acquisition Strategic alliance involves an agreement between two independent companies to cooperate in executing specific business functions and meeting the stipulated objectives. , a Delaware corporation having its principal office at 780 Memorial Drive, Cambridge, Massachusetts 02139 (" Infinity "), and Purdue Pharmaceutical Products L. The Strategic Alliance Agreement (“Agreement”) is an arrangement between two companies who have agreed to share resources in a specific project. , a Texas corporation ("CARREKER"), who agree as follows: 1. (Power-One) 20 de ago. Seven Energy Finance Limited is a wholly owned subsidiary of Seven Energy International Limited Feb 16, 2009 · The chambers judge found that the Strategic Alliance Agreement entered into by ICBC and lawyers it retains provided comprehensive terms which emphasized the firm’s commitment to ICBC as “partners” in its enterprise rather than simply as counsel acting from time to time on individual cases. The Company will have no legal recourse A strategic alliance is an agreement between two or more partners to share knowledge or resources which could be beneficial to all parties involved