Technology Transfer Agreement Pdf
The agreement usually contains details of the transferred technology, the mode of transmission, the length of time it is transferred and the consideration to be paid for the same. The agreement may also mention that all disputes arising from the agreement fall within the exclusive jurisdiction of a particular jurisdiction. Any other form of dispute resolution, such as mediation, can also be mentioned in the agreement. A technology transfer agreement is put in place to transfer intellectual property rights or know-how from one organization to another. The most common type of technology transfer is a licensing agreement whereby the taker has the right to use the technology for a fixed fee for a period of time. The agreement may also take the form of a know-how agreement including the transfer of information or skills. If you need a template for a technology transfer agreement, you can download an example here. A technology transfer agreement is required when an organization wishes to transfer its intellectual property or know-how to another organization. The agreement defines the method by which intellectual property must be transferred and the length of time for which such a transfer is valid. In addition, the agreement must clearly state the law under which it is regulated and how the contract is terminated. It is also worth describing how the agreement should be amended.
The technology transfer contract must clearly express the technology and transfers. The territory over which these rights are exercised and the duration of the agreement must also be defined. While Part B has developed, invented and/or manufactured practical technology using Part A resources and research institutes. The agreement must clearly state the names of the parties between whom the agreement is concluded. These include the party that transfers intellectual property or know-how rights (known as the ceding party) and the party to which those rights are transferred (known as the acquirer). It is worth mentioning the date on which the agreement was reached, as well as the area in which the agreement is enforceable. Project Name: Transmission of the twelve admission numbers of Health Foods, including Dr. Xiao Brand Honeysuckle Pearl Capsule, Dr. Xiao Brand Multivitamin Tablet, Dr. Xiao Brand Zhengdian Capsule, Dr. Xiao Brand Shengui, Dr. Xiao Brand Multivitamin Tablet (Woman), Dr.
Xiao Brand Shikong Soft Capsule, Dr. Xiao Brand Huangjingdanggui Tablet, Dr. Xiao Brand Xingxing Soft Capsule, Dr. Xiao Brand Vitamin A Fish Oil Soft Capsule, Dr. Xiao Brand Colon Cleanser Granules, Dr. Xiao Brand Jianli Soft Capsule and LB Brand Xinpin Capsule, and the branded property of Dr. Xiao`s No.5 and No.30 Product Category and LB CONSIDERING that the supplier and supplier have agreed to enter into a supply agreement (“agreement”) that will serve as a general framework for the supply of [`] and “ by begging to buy-buyer or its related companies and regulating delivery; and this objective of the technology transfer contract is to define the conditions under which the technology is transferred. The consideration for the transfer may be a lump sum or a royalty or a mixture of the two, as decided by the parties. The agreement also determines whether the license is exclusive (exclusively licensed) or non-exclusive. In general, technology transfer agreements have a clause that talks about what action to take when a contracting party to the agreement violates the terms of the above agreement.
A compromise clause is present in most agreements and stipulates that if a clause of the agreement is violated or if a dispute arises with respect to the terms of the agreement, the matter will be settled by arbitration.