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Teaming Agreement
"I need a Teaming Agreement for a joint software development project between my tech company and two AI development partners in Singapore, with strict IP protection clauses and a revenue sharing mechanism for any commercialized products."
1. Parties: Identification and details of all participating entities
2. Background: Context of the teaming arrangement and objectives
3. Definitions: Key terms used throughout the agreement
4. Scope of Collaboration: Detailed description of the teaming arrangement and responsibilities
5. Governance Structure: Management and decision-making framework
6. Confidentiality: Protection of confidential information and trade secrets
7. Intellectual Property Rights: Ownership and usage of IP created during collaboration
8. Term and Termination: Duration and conditions for ending the agreement
9. General Provisions: Standard boilerplate clauses including governing law
1. Exclusivity: Restrictions on working with competitors - used when parties want to ensure exclusive collaboration
2. Resource Allocation: Specific commitments of personnel and resources - used for complex projects requiring specific resource commitments
3. Revenue Sharing: Framework for sharing project revenues - used when collaboration involves commercial opportunities
4. Insurance Requirements: Specific insurance obligations - used for high-risk projects or regulatory requirements
1. Project Scope Schedule: Detailed description of project objectives and deliverables
2. Responsibility Matrix: Detailed breakdown of each party's responsibilities
3. Key Personnel Schedule: List of key team members and their roles
4. Cost Allocation Schedule: Breakdown of cost sharing arrangements
5. Communication Protocol: Procedures for project communications and reporting
6. Background IP Schedule: List of pre-existing IP brought to the collaboration
Authors
Background IP
Business Day
Confidential Information
Deliverables
Effective Date
Foreground IP
Force Majeure Event
Intellectual Property Rights
Key Personnel
Lead Party
Partner(s)
Project
Project Manager
Project Plan
Project Team
Representatives
Services
Steering Committee
Target Customer
Team Member
Term
Territory
Third Party
Work Product
Formation of Team
Scope of Collaboration
Roles and Responsibilities
Governance Structure
Resource Allocation
Exclusivity
Confidentiality
Intellectual Property Rights
Data Protection
Non-Solicitation
Non-Competition
Cost Sharing
Revenue Sharing
Representations and Warranties
Indemnification
Limitation of Liability
Insurance
Force Majeure
Term and Duration
Termination
Dispute Resolution
Notices
Assignment
Entire Agreement
Variation
Severability
Waiver
Third Party Rights
Governing Law
Counterparts
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