Revenue Sharing Joint Development Agreement Template for South Africa

1. Competition Law Compliance: Specific provisions ensuring compliance with competition laws, required when parties are competitors or have significant market share

2. B-BBEE Provisions: Specific provisions for B-BBEE compliance and scoring, required for South African entities subject to B-BBEE requirements

3. Exchange Control Provisions: Provisions dealing with cross-border payments and compliance, needed when foreign parties are involved

4. Technology Transfer: Specific provisions for technology transfer between parties, needed when significant technical knowledge sharing is involved

5. Marketing and Branding: Provisions regarding joint marketing efforts and brand usage, relevant when product commercialization is part of the project

6. Force Majeure: Provisions for handling unforeseen circumstances, particularly relevant in long-term development projects

7. Environmental Compliance: Required when the development activities have environmental implications

8. Third Party Rights: Provisions regarding involvement of third parties in development or commercialization

1. Project Plan: Detailed timeline, milestones, and deliverables for the development project

2. Revenue Calculation Methodology: Detailed formula and examples for calculating and distributing revenue

3. Technical Specifications: Technical requirements and specifications for the development work

4. Background IP: List and details of pre-existing intellectual property brought by each party

5. Key Personnel: List of key team members and their roles from each party

6. Budget and Cost Allocation: Detailed project budget and cost sharing arrangements

7. Governance Procedures: Detailed procedures for project management and decision-making

8. Testing and Acceptance Criteria: Criteria and procedures for accepting developed items

9. Service Levels: Performance metrics and standards for the development work