Research and development agreement (short form)

The following IP precedent provides comprehensive and up to date legal information covering:

  • Research and development agreement (short form)
  • Background
  • 1 Definitions and interpretation
  • 2 Duration
  • 3 Engagement
  • 4 Fees, taxes and interest
  • 5 Limits on liability
  • 6 Warranties
  • 7 Intellectual Property Rights indemnity
  • 8 Termination
  • More...

Research and development agreement (short form)

This Agreement is made on [insert date] (the ‘Commencement Date’) between the following parties (each a ‘party’ and together the ‘parties’):

Parties

  1. 1

    [insert researcher name] a company incorporated in [England and Wales] whose registered number is [insert company number] and whose registered office is at [insert registered office] (the Researcher); and

  1. 2

    [insert customer name] a company incorporated in [England and Wales] whose registered number is [insert company number] and whose registered office is at [insert registered office] (the Customer).

Background

    1. (A)

      Researcher is a company with the capability to conduct research in the field of [insert details].

    1. (B)

      Customer wishes to engage Researcher to carry out the Research (as defined below) and Researcher wishes to conduct the same on the terms of this Agreement.

    1. (C)

      [insert details]

The parties agree:

    1. 1

      Definitions and interpretation

      1. 1.1

        Words shall have the meanings given to them in this Agreement, including without limitation as set out below.

        Bribery Laws

        1. means the Bribery Act 2010 [and associated guidance published by the Secretary of State for Justice under the Bribery Act 2010] [and all other applicable UK legislation, statutory instruments and regulations in relation to bribery or corruption] [and any similar or equivalent legislation in any other relevant jurisdiction including [specify]];

        Confidential Information

        1. means any and all confidential information, (whether in oral, written or electronic form) including technical or other information

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