This Collaboration Agreement (the “Agreement”), dated as of SIGN_DATE, is entered into by and between:

PARTY_1_NAME (“Party A”), a company/individual organized and existing under the laws of JURISDICTION_STATE, and

PARTY_2_NAME (“Party B”) , a company/individual organzied and existing under the laws of JURISDICTION_STATE. Each may hereunder be referred to collectively as the “Parties”.

 

Recitals

WHEREAS:

(A) The Parties wish to collaborate on a project involving DESCRIPTION_PROJECT and desire to set forth their respective rights and obligations reganding the collaboration.

(B) In consideration of the mutual covenants and agreements contained herein, the Parties agree as follows: 

DEFINITIONS

Project: The “Project” refers to the collaborative effort between the Parties for the development, production, marketing, and/or sale of , as detailed in Exhibit A attached hereto.

Confidential Information: “Confidential Information” means any non-public, proprietary information disclosed by one Party to the other in the course of the collaboration, including but not limited to business plans, marketing strategies, customer lists, technical data, product designs, software code, and financial information. 

Intellectual Property: The term “Intellectual Property” refers to all patents, copyrights, trademarks, trade secrets, and any other proprietary rights relating to the Project, whether registered or unregistered. 

Effective Date: The term ”Effective Date” refers to the date on which this Agreement is executed by both Parties or ALTERNATIVE_EFFECTIVE, which is later.

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