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Co Development Agreement

Co Development Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Co Development Agreement

"I need a Co-Development Agreement under UAE law for a joint software development project between my tech company and a local university, with focus on AI technology and clear IP rights allocation, starting from March 2025."

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Document background
The Co-Development Agreement is essential for organizations seeking to collaborate on development projects in the UAE. This document is particularly relevant when two or more parties wish to combine their resources, expertise, and intellectual property to develop new products, technologies, or services. It addresses crucial aspects such as project scope, IP ownership, confidentiality, and commercialization rights while ensuring compliance with UAE Federal Laws, including the Civil Code, Commercial Companies Law, and IP Law. The agreement is commonly used in technology, research, and innovation sectors, providing a structured framework for managing joint development activities, allocating responsibilities, and sharing both risks and rewards. Special consideration is given to UAE-specific requirements regarding foreign investment, technology transfer, and local partnership arrangements.
Suggested Sections

1. Parties: Identification and details of the co-development partners

2. Background: Context of the co-development relationship and purpose of the agreement

3. Definitions: Defined terms used throughout the agreement

4. Scope of Co-Development: Detailed description of the project, objectives, and deliverables

5. Project Management: Governance structure, steering committee, and decision-making processes

6. Responsibilities of the Parties: Specific obligations and contributions of each party

7. Intellectual Property Rights: Ownership, licensing, and protection of background and foreground IP

8. Financial Terms: Cost sharing, revenue sharing, and payment terms

9. Confidentiality: Protection of confidential information and trade secrets

10. Term and Termination: Duration, renewal, and termination provisions

11. Liability and Indemnification: Risk allocation and indemnification obligations

12. Dispute Resolution: Procedures for resolving disputes under UAE law

13. General Provisions: Standard boilerplate clauses including governing law, notices, and amendments

Optional Sections

1. Commercialization Rights: Include when the agreement covers future commercialization of developed products

2. Manufacturing Rights: Include when physical products will be manufactured under the agreement

3. Territory and Exclusivity: Include when geographical restrictions or exclusive rights are relevant

4. Regulatory Compliance: Include when development involves regulated industries or products

5. Data Protection: Include when personal data or sensitive information will be processed

6. Force Majeure: Include when specific force majeure provisions beyond standard UAE law are needed

7. Export Control: Include when development involves international technology transfer

8. Third Party Rights: Include when third party technology or rights are involved

Suggested Schedules

1. Project Plan: Detailed timeline, milestones, and deliverables

2. Background IP: List of pre-existing IP brought by each party

3. Technical Specifications: Detailed technical requirements and specifications

4. Budget and Cost Allocation: Detailed financial arrangements and cost breakdown

5. Governance Procedures: Detailed procedures for project management and decision-making

6. Key Personnel: List of key team members and their roles

7. Approved Subcontractors: List of pre-approved third-party contractors if applicable

8. Form of Progress Report: Template for required project progress reports

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions









































Clauses







































Relevant Industries

Technology

Pharmaceuticals

Biotechnology

Manufacturing

Automotive

Aerospace

Software Development

Healthcare

Energy

Telecommunications

Research & Development

Electronics

Chemical Industry

Clean Technology

Digital Services

Relevant Teams

Legal

Research & Development

Innovation

Product Development

Business Development

Intellectual Property

Commercial

Technical Operations

Strategy

Corporate Development

Scientific Affairs

Project Management Office

Partnerships

Relevant Roles

Chief Technology Officer

Research Director

Head of Innovation

Legal Counsel

IP Manager

Business Development Director

Project Manager

Chief Scientific Officer

Head of R&D

Commercial Director

Strategic Partnerships Manager

Technical Director

Innovation Manager

Chief Legal Officer

Development Manager

Head of Product Development

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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