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Strategic Partnership Mou
"Need a Strategic Partnership MOU between our AI software company and a major research university in Singapore, focusing on joint development of machine learning algorithms and data sharing protocols, to be effective from March 2025."
1. Parties: Identification and details of the partnering entities
2. Background: Context and purpose of the strategic partnership
3. Definitions: Key terms used throughout the MOU
4. Scope of Collaboration: Detailed outline of partnership areas and activities
5. Term and Termination: Duration of partnership and termination conditions
6. Non-Binding Nature: Statement clarifying MOU's non-legally binding status (except specific clauses)
1. Financial Arrangements: Cost sharing and financial responsibilities when partnership involves monetary commitments
2. Intellectual Property Rights: IP ownership and usage rights when partnership involves creation or sharing of IP
3. Confidentiality: Protection of confidential information when sensitive information will be shared
4. Exclusivity: Terms of exclusive collaboration when parties agree to exclusive partnership
1. Project Timeline: Detailed timeline of partnership milestones and deliverables
2. Resource Allocation: Breakdown of resources committed by each party
3. Governance Structure: Management and decision-making framework
4. Contact Details: Key personnel and communication protocols
Authors
Scope of Partnership
Non-Binding Nature
Confidentiality
Intellectual Property Rights
Term and Duration
Termination
Governance Structure
Resource Allocation
Cost Sharing
Implementation Timeline
Exclusivity
Non-Solicitation
Good Faith
Due Diligence
Publicity and Announcements
Force Majeure
Assignment
Dispute Resolution
Governing Law
Entire Agreement
Notices
Amendments
Severability
Data Protection
Anti-Corruption
Representations and Warranties
Third Party Rights
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