Collaboration Agreement
COLLABORATION AGREEMENT
1. Introduction
This Collaboration Agreement ("Agreement") is entered into by and between the parties listed below. The purpose of this Agreement is to establish the terms and conditions under which the parties agree to collaborate on mutually beneficial projects.
1.1. Parties
This Agreement is made between:
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Party A: [Your Company Name], a [Type of Entity] having its principal place of business at [Your Company Address].
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Party B: [Party B Name], a [Type of Entity] having its principal place of business at [Address of Party B].
2. Objectives
The primary objective of this collaboration is to [the specific goal/s of the collaboration].
3. Scope of Work
The scope of work to be undertaken by each party includes:
3.1. Responsibilities of Party A
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[Responsibility 1]
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[Responsibility 2]
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[Responsibility 3]
3.2. Responsibilities of Party B
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[Responsibility 1]
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[Responsibility 2]
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[Responsibility 3]
4. Duration
This Agreement shall commence on [Start Date] and shall remain in effect until [End Date], unless terminated earlier in accordance with this Agreement.
5. Financial Arrangements
The parties agree to the following financial arrangements:
Party |
Cost Contribution |
Payment Due Date |
---|---|---|
Party A |
[Percentage or Amount] |
[Date] |
Party B |
[Percentage or Amount] |
[Date] |
6. Confidentiality
Each party agrees to maintain the confidentiality of any proprietary or confidential information disclosed during the course of this collaboration.
7. Termination
This Agreement may be terminated by either party upon providing [Number of Days] days written notice to the other party, or immediately for cause due to a breach of this Agreement.
8. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
9. Amendments
No amendment or modification of this Agreement shall be valid unless made in writing and signed by both parties.
10. Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Collaboration Agreement as of the date first above written.
[Your Company Name]
Party A
[Party B Name]
Party B