The Teaming Agreement is essential for businesses seeking to combine their capabilities and resources to pursue specific opportunities, particularly in complex or large-scale projects. This document, structured under Austrian law, is commonly used when companies need to formally establish their collaboration framework before jointly bidding on contracts or pursuing business opportunities. It addresses crucial aspects such as exclusivity, proposal preparation, work share allocation, and risk distribution, while ensuring compliance with Austrian competition law and commercial regulations. The agreement is particularly valuable in scenarios where companies need to present a unified front to customers while maintaining their separate corporate identities, and where clear delineation of responsibilities and commercial terms is essential for successful collaboration.
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1. Parties: Identification and details of the participating entities
2. Background: Context of the teaming arrangement and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Collaboration: Details of the team arrangement, target projects, and mutual objectives
5. Roles and Responsibilities: Specific duties and obligations of each party
6. Exclusivity: Terms regarding exclusive collaboration and any exceptions
7. Proposal Preparation: Process for preparing joint proposals and bid submissions
8. Cost and Resource Allocation: Distribution of costs and resources among team members
9. Confidentiality: Protection of confidential information exchanged during collaboration
10. Intellectual Property: Ownership and usage rights of IP created during collaboration
11. Term and Termination: Duration of agreement and termination provisions
12. Governing Law and Jurisdiction: Application of Austrian law and jurisdiction
13. General Provisions: Standard boilerplate clauses including notices, amendments, etc.
1. Work Share Allocation: Specific allocation of work percentages and revenue sharing - use when parties have agreed on precise distribution
2. Prime-Sub Relationship: Details of prime contractor and subcontractor roles - include when one party will be prime contractor
3. Security Requirements: Special security measures for sensitive projects - include for government or defense-related work
4. Export Control: Export control compliance provisions - include when dealing with international projects or controlled technologies
5. Insurance Requirements: Specific insurance obligations - include for high-risk projects or when required by potential customers
6. Personnel Assignment: Rules for assigning and managing personnel - include when staff will be shared or co-located
7. Marketing and Publicity: Rules for public announcements and joint marketing - include when public promotion is anticipated
1. Target Projects Schedule: List of specific projects or opportunities targeted by the team
2. Work Distribution Matrix: Detailed breakdown of responsibilities and work allocation
3. Cost Sharing Schedule: Detailed breakdown of cost allocation between parties
4. Key Personnel: List of key team members and their roles
5. Approved Subcontractors: List of pre-approved subcontractors and their roles
6. Communication Protocol: Procedures for team communication and decision-making
7. Compliance Requirements: Specific regulatory or customer compliance requirements
8. Form of Non-Disclosure Agreement: Template NDA for use with external parties
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