Model Format of Form of Technical Collaboration Agreement

Model Format of Form of Technical Collaboration Agreement

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Model Format of Form of Technical Collaboration Agreement
Model Format of Form of Technical Collaboration Agreement

This Agreement made on this…………..day of……………BETWEEN ………………an Indian company having its registered office at……………….(hereinafter referred to as “A”) of the one part and……………a foreign firm having its principal place of business at…………..(hereinafter called “B”) of the other part.

Whereas “A” is engaged in the manufacturing and marketing of………….and has considerable engineering know-how and technical information and equipment regarding said……………..and their method of manufacture.

and Whereas “A” is desirous of manufacturing in India and marketing in India and other countries of various types of items which are set out in Schedule “A” hereto annexed (hereinafter referred to as Products) on the terms and conditions herein contained.
Now Therefore It Is Agreed between the parties that :

  1. Know how” means and includes all inventions, processes, patents, engineering and manufacturing skill and other technical information whether patent or patentable or not which are presently owned by “B” or which may be so owned, during the term of this agreement including without limitation :
    a. Technical and engineering data, calculations and information.
    b. Design data, calculations and information.
    c. Details of layout of works, including details and specification of machinery
    d. All other forms of recovered information, technique and design in making of jigs, tools, dies, patterns and moulds….

Note: This is just the part of the agreement. To get it drafted completely by legal experts, kindly contact the expert team of Aapka Consultant by clicking here

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