The following IP precedent Produced in partnership with Dechert provides comprehensive and up to date legal information covering:
This Agreement is made on [date]
[insert name] [of OR a company incorporated in [England and Wales] under number [insert registered number] whose registered office is at OR [insert address] ([Party A]); and
[insert name] of OR a company incorporated in [England and Wales] under number [insert registered number] whose registered office is at] [insert address] ([Party B]); and
(together the Parties and each a Party)
[Party A] carries on the business of [insert description of Party A’s business].
[Party B] carries on the business of [insert description of Party A’s business].
The Parties have agreed to collaborate in a programme of research and development work in relation to [insert details] and share between them certain of their respective costs and expenses subject to and in accordance with the terms and conditions of this Agreement.
[This Agreement is supplemental to the Confidentiality Agreement (as defined below) which, notwithstanding this Agreement shall remain in full force and effect in accordance with its terms.]
The parties agree:
Definitions and interpretation
In this Agreement:
means any entity that directly or indirectly Controls, is Controlled by, or is under common Control with, one of the Parties;
Background Intellectual Property
means any and all Intellectual Property Rights that are not Foreground Intellectual Property, owned or controlled by the relevant Party or licensed to the relevant Party prior to
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