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Joint Technology Development Agreement
"I need a Joint Technology Development Agreement for a collaboration between my AI software company and a university research center in Singapore, focusing on developing machine learning algorithms for healthcare applications, with IP sharing arrangements and clear commercialization rights."
1. Parties: Identification and details of all participating entities
2. Background: Context and purpose of the joint development arrangement
3. Definitions: Key terms used throughout the agreement
4. Scope of Development: Detailed description of technology to be developed and project objectives
5. Project Management: Governance structure, decision-making processes, and reporting requirements
6. Intellectual Property Rights: Ownership, allocation and licensing of developed technology and improvements
7. Confidentiality: Protection and handling of confidential information and trade secrets
8. Term and Termination: Duration of agreement, renewal terms, and termination provisions
9. Force Majeure: Provisions for unforeseen circumstances preventing performance
10. Governing Law and Jurisdiction: Application of Singapore law and dispute resolution mechanisms
1. Background IP License: Terms for using pre-existing IP brought by parties to the project
2. Commercialization Rights: Terms for commercial exploitation of developed technology
3. Third Party Contractors: Rules and procedures for engaging external contractors or consultants
4. Export Control: Compliance with export control regulations when applicable
5. Data Protection: PDPA compliance and data handling procedures when personal data is involved
1. Project Plan: Detailed timeline, milestones, and deliverables for the development project
2. Background IP Schedule: Comprehensive list of pre-existing IP brought by each party
3. Technical Specifications: Detailed technical requirements and specifications for the technology
4. Budget and Resources: Financial commitments, resource allocation, and cost-sharing arrangements
5. Key Personnel: List of key team members, their roles, and responsibilities
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