All Countries
Commercial
IP Development Agreement

IP Development Agreement Template for New Zealand

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your IP Development Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

IP Development Agreement

"I need an IP Development Agreement for our New Zealand-based software company to engage an overseas contractor to develop a machine learning algorithm, with strict confidentiality provisions and source code escrow arrangements, to be completed by March 2025."

Celebrated by
Collaborations with
Investors
Document background
The IP Development Agreement is a crucial legal instrument used when one party engages another to create or develop intellectual property in New Zealand. This document is essential for projects involving software development, product design, research and development, or any creative work where intellectual property is being created for a specific client. The agreement carefully addresses key aspects such as ownership transfer, development methodology, quality standards, and commercialization rights, while ensuring compliance with New Zealand intellectual property laws and regulations. It's particularly important for protecting both the developer's and client's interests by clearly defining deliverables, payment terms, and usage rights of the developed IP. The agreement should be customized based on the specific type of intellectual property being developed and the intended commercial application.
Suggested Sections

1. Parties: Identifies and provides details of the contracting parties (IP Developer and Client)

2. Background: Sets out the context of the agreement, including the Client's need for IP development and the Developer's expertise

3. Definitions: Defines key terms used throughout the agreement, including 'Intellectual Property', 'Deliverables', and 'Development Services'

4. Scope of Services: Details the IP development services to be provided, including specific deliverables and development phases

5. Development Process: Outlines the methodology, timelines, and milestones for the IP development

6. Intellectual Property Rights: Establishes ownership of pre-existing IP and newly developed IP, including transfer or licensing arrangements

7. Payment Terms: Specifies fees, payment schedule, and any success-based compensation

8. Confidentiality: Protects confidential information exchanged during the development process

9. Warranties and Representations: Includes warranties regarding originality, non-infringement, and capability to deliver

10. Term and Termination: Sets out the duration of the agreement and circumstances for termination

11. General Provisions: Includes standard clauses such as governing law, dispute resolution, and entire agreement

Optional Sections

1. Third-Party Materials: Include when the development will incorporate third-party IP or open-source components

2. Commercialization Rights: Include when there are specific arrangements for commercializing the developed IP

3. Revenue Sharing: Include when the developer will receive ongoing royalties or revenue share

4. Support and Maintenance: Include when post-development support services will be provided

5. Quality Assurance: Include when specific quality standards or testing requirements apply

6. Source Code Escrow: Include for software development where source code needs to be held in escrow

7. Data Protection: Include when personal data will be processed during development

8. Export Control: Include when the IP may be subject to export control regulations

Suggested Schedules

1. Schedule 1 - Development Specifications: Detailed technical specifications and requirements for the IP development

2. Schedule 2 - Delivery Timeline: Detailed project timeline including milestones and delivery dates

3. Schedule 3 - Payment Schedule: Breakdown of fees, payment milestones, and payment terms

4. Schedule 4 - Acceptance Criteria: Specific criteria for accepting deliverables and testing requirements

5. Schedule 5 - Pre-existing IP: List of any IP owned by either party prior to the agreement that will be used in development

6. Schedule 6 - Third-Party Materials: List of third-party materials, licenses, or components to be used

7. Appendix A - Testing Procedures: Detailed procedures for testing and quality assurance

8. Appendix B - Support Services: Details of any ongoing support or maintenance services

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Agreement
Acceptance Criteria
Background IP
Business Day
Commencement Date
Confidential Information
Client
Client Materials
Deliverables
Developer
Development Fee
Development Period
Development Services
Development Specifications
Documentation
Foreground IP
Intellectual Property Rights
Implementation
Improvements
Know-how
License
Milestones
Moral Rights
New IP
Pre-existing IP
Project
Project Plan
Related Company
Representatives
Services
Source Code
Specifications
Technical Information
Term
Third Party Materials
Updates
User Documentation
Works
Clauses
Interpretation
Appointment
Development Services
Development Process
Acceptance Testing
Payment
Intellectual Property Rights
Pre-existing IP
Assignment
Licensing
Moral Rights
Confidentiality
Data Protection
Warranties
Indemnification
Liability
Insurance
Term
Termination
Force Majeure
Dispute Resolution
Non-Solicitation
Non-Competition
Subcontracting
Assignment and Novation
Notices
Relationship of Parties
Entire Agreement
Variation
Severability
Waiver
Governing Law
Third Party Rights
Counterparts
Relevant Industries

Technology

Software Development

Biotechnology

Research & Development

Manufacturing

Creative Industries

Pharmaceutical

Engineering

Media & Entertainment

Industrial Design

Consumer Products

Healthcare Technology

Artificial Intelligence

Clean Technology

Electronics

Relevant Teams

Legal

Research and Development

Product Development

Innovation

Software Development

Intellectual Property

Commercial

Business Development

Operations

Project Management

Technical Development

Contracts Administration

Creative Services

Relevant Roles

Chief Technology Officer

Legal Counsel

IP Lawyer

Product Manager

Research Director

Software Development Manager

Innovation Manager

Contract Manager

Business Development Director

Chief Executive Officer

Head of R&D

Technical Project Manager

Intellectual Property Manager

Chief Legal Officer

Head of Innovation

Creative Director

Development Team Lead

Commercial Manager

Operations Director

Industries
Patents Act 2013: Governs the registration and protection of patents in New Zealand, including provisions for patent applications, ownership, and enforcement of patent rights
Copyright Act 1994: Protects original works and defines ownership rights, including provisions for commissioned works and works created during employment
Contract and Commercial Law Act 2017: Provides the fundamental framework for contract formation, enforcement, and remedies in New Zealand
Fair Trading Act 1986: Ensures fair business practices and prohibits misleading conduct in trade, relevant for representations about IP ownership and capabilities
Trade Marks Act 2002: Governs the protection of trade marks, which may be relevant if the IP development includes creation of brands or logos
Employment Relations Act 2000: Contains provisions relevant to IP created by employees during the course of employment
Designs Act 1953: Protects the visual appearance of products, which may be relevant if the IP development includes industrial designs
Personal Property Securities Act 1999: Relevant for security interests in intellectual property and licensing arrangements
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

Find the exact document you need

Property Rights Agreement

A legal document governed by New Zealand law that establishes or transfers property rights, incorporating local property legislation and regulatory requirements.

find out more

Music Copyright Agreement

A New Zealand-governed agreement that establishes copyright ownership, licensing terms, and usage rights for musical works, operating under NZ Copyright Act 1994.

find out more

Employee IP Agreement

A New Zealand-compliant agreement establishing employer ownership of intellectual property created by employees during their employment period.

find out more

Intellectual Property Disclosure Form

A New Zealand-compliant legal document for formally recording and disclosing intellectual property creation, ownership, and details.

find out more

Patent Non Disclosure Agreement

A New Zealand-governed non-disclosure agreement specifically designed to protect confidential information related to patents and inventions during business discussions or evaluation.

find out more

Intellectual Property Form

A New Zealand-compliant legal document for managing intellectual property rights, including registration, transfer, and licensing of IP assets.

find out more

Trademark Use Agreement

A New Zealand-governed agreement setting out terms for licensed use of trademarks, including usage rights, quality control, and commercial terms.

find out more

Simple Intellectual Property Agreement

A streamlined intellectual property agreement under New Zealand law for managing IP transfers, licenses, and assignments between parties.

find out more

Patent Assignment Form

A legal document under New Zealand law for transferring patent ownership rights from one party to another, compliant with IPONZ requirements.

find out more

Agreement To Protect Intellectual Property

A New Zealand law-governed agreement establishing protections and obligations for shared intellectual property and confidential information.

find out more

Joint IP Agreement

A New Zealand-compliant agreement governing joint ownership and management of intellectual property between multiple parties.

find out more

Intellectual Property Lease Agreement

A New Zealand-governed agreement establishing terms for leasing intellectual property rights between parties, including usage rights, payments, and protection measures.

find out more

Intellectual Property Contract Agreement

A New Zealand law-compliant agreement governing the transfer, licensing, or protection of intellectual property rights between parties.

find out more

Short Form Copyright Assignment

A concise New Zealand law-governed agreement for transferring copyright ownership from one party to another.

find out more

Software IP Transfer Agreement

A New Zealand law-governed agreement for transferring software intellectual property rights and associated assets between parties.

find out more

IP Agreement

A New Zealand-governed agreement establishing terms for intellectual property ownership, protection, and commercialization rights.

find out more

Transfer Of Copyright Ownership Form

A New Zealand-compliant legal document for transferring copyright ownership rights from one party to another, governed by the NZ Copyright Act 1994.

find out more

IP Development Agreement

A New Zealand-governed agreement establishing terms for intellectual property development, including ownership rights, specifications, and delivery terms.

find out more

Intellectual Property Rights Agreement

A New Zealand law-governed agreement establishing intellectual property rights, ownership, and usage terms between parties.

find out more

Patent Transfer Agreement

A legal agreement for transferring patent ownership rights from one party to another under New Zealand law and the Patents Act 2013.

find out more

Intellectual Property Purchase Agreement

A New Zealand-governed agreement for the transfer of intellectual property rights between parties, including terms of sale, warranties, and completion requirements.

find out more

Confidentiality Agreement For Intellectual Property

A New Zealand law-governed agreement protecting confidential intellectual property shared between parties during business relationships or collaborations.

find out more

IP License Agreement

A New Zealand law-governed agreement for licensing intellectual property rights between an IP owner and a licensee.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.