Document background
The Collaboration Framework Agreement is designed for organizations seeking to establish a long-term cooperative relationship under Hong Kong law. It provides a master framework that defines the fundamental terms of collaboration while allowing flexibility for specific project implementations through supplementary agreements. This document type is particularly valuable when parties anticipate multiple joint initiatives over time and need a robust legal foundation that addresses key aspects such as governance, intellectual property rights, confidentiality, and risk allocation. The agreement incorporates Hong Kong's common law principles and relevant ordinances, making it suitable for both domestic and international collaborations where Hong Kong law is chosen as the governing law. It serves as a comprehensive yet flexible instrument that can adapt to evolving business relationships while maintaining legal certainty and protection for all parties involved.
