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Cooperation Framework Agreement

Cooperation Framework Agreement Template for New Zealand

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Key Requirements PROMPT example:

Cooperation Framework Agreement

"I need a Cooperation Framework Agreement governed by New Zealand law for a technology partnership between our software company and a local university, focusing on AI research and development, with provisions for joint IP ownership and student internships starting March 2025."

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Document background
The Cooperation Framework Agreement serves as a master agreement for organizations seeking to establish structured, long-term collaborative relationships under New Zealand law. It is particularly useful when parties anticipate multiple areas of cooperation or various joint projects over time, providing a governing framework that can be supplemented by specific project agreements. This document type is designed to comply with New Zealand's regulatory requirements, including the Contract and Commercial Law Act 2017, Commerce Act 1986, and other relevant legislation. It includes essential provisions for governance, intellectual property protection, and risk allocation, while incorporating flexibility to accommodate various forms of collaboration. The agreement is especially valuable for cross-sector partnerships, research collaborations, industry alliances, and international cooperation initiatives where a robust legal framework is needed to guide the relationship.
Suggested Sections

1. Parties: Identifies and provides full legal details of all parties entering into the agreement

2. Background: Sets out the context and purpose of the cooperation, including any relevant history or pre-existing relationships

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation principles

4. Scope of Cooperation: Outlines the general areas and nature of cooperation between the parties

5. Term and Termination: Specifies the duration of the agreement and circumstances for termination

6. Roles and Responsibilities: Defines the general obligations and responsibilities of each party

7. Governance: Establishes management structure and decision-making processes for the cooperation

8. Intellectual Property Rights: Addresses ownership and usage rights of existing and newly created IP

9. Confidentiality: Details obligations regarding confidential information sharing and protection

10. Liability and Indemnification: Sets out liability limitations and indemnification obligations

11. Dispute Resolution: Establishes procedures for resolving disputes between parties

12. General Provisions: Contains standard boilerplate clauses including notices, assignment, and governing law

Optional Sections

1. Financial Arrangements: Include when the cooperation involves cost sharing, joint funding, or financial obligations

2. Data Protection and Privacy: Required when cooperation involves sharing or processing personal data

3. Competition Law Compliance: Include when cooperation could raise competition law concerns

4. Resource Sharing: Add when parties will share physical resources, facilities, or equipment

5. Personnel: Include when staff will be shared or seconded between parties

6. Insurance: Required when specific insurance coverage needs to be maintained

7. Branding and Marketing: Include when cooperation involves joint branding or marketing activities

8. Force Majeure: Add when parties want specific provisions for unforeseen circumstances

9. Anti-Bribery and Corruption: Include for international cooperation or when required by corporate policies

Suggested Schedules

1. Schedule 1 - Specific Projects: Details of initial or planned cooperation projects

2. Schedule 2 - Key Contacts: List of key personnel and their roles from each party

3. Schedule 3 - Governance Procedures: Detailed procedures for steering committee meetings and decision-making

4. Schedule 4 - Service Levels: Performance metrics and standards for cooperative activities

5. Schedule 5 - Cost Allocation: Detailed breakdown of cost sharing arrangements if applicable

6. Schedule 6 - Technical Requirements: Technical specifications or requirements for cooperation activities

7. Appendix A - Reporting Templates: Standard templates for progress reporting and communication

8. Appendix B - Compliance Checklist: Checklist of regulatory and internal compliance requirements

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
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Relevant Industries

Technology

Education

Healthcare

Manufacturing

Financial Services

Agriculture

Research and Development

Professional Services

Energy

Infrastructure

Tourism

Environmental Services

Telecommunications

Construction

Transport and Logistics

Relevant Teams

Legal

Business Development

Strategy

Operations

Commercial

Finance

Compliance

Research and Development

Innovation

Corporate Affairs

Risk Management

International Relations

Project Management

Procurement

Executive Leadership

Relevant Roles

Chief Executive Officer

Managing Director

Head of Partnerships

Legal Counsel

Business Development Manager

Chief Operating Officer

Strategy Director

Commercial Manager

Innovation Manager

Research Director

Partnership Manager

Compliance Officer

Project Director

Chief Financial Officer

Operations Manager

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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