Document background
The Framework Cooperation Agreement serves as a master agreement designed to establish and govern long-term collaborative business relationships under Austrian law. It is particularly useful when parties anticipate multiple joint projects or ongoing cooperation that will require separate implementation agreements. The document provides the legal and operational framework for the relationship while maintaining flexibility for specific arrangements. It incorporates essential provisions required under Austrian legislation, including the ABGB (Austrian Civil Code) and UGB (Commercial Code), while addressing modern business needs such as data protection under GDPR. The agreement is structured to accommodate various forms of business cooperation, from technical collaboration to service provision, and includes governance mechanisms for managing the ongoing relationship. This type of agreement is commonly used when parties want to avoid negotiating fundamental terms repeatedly for each new project or phase of cooperation.
