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Technology Transfer Agreement

Technology Transfer Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Technology Transfer Agreement

"I need a Technology Transfer Agreement under Hong Kong law for transferring our proprietary AI software technology to a mainland Chinese company, including source code escrow provisions and strict confidentiality requirements, with the transfer to be completed by March 2025."

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Document background
The Technology Transfer Agreement is a crucial document used when one entity wishes to transfer or license technology, intellectual property rights, and technical know-how to another entity within or subject to Hong Kong's jurisdiction. This agreement is particularly relevant in today's rapidly evolving technological landscape, where companies and institutions frequently engage in technology commercialization, cross-border collaborations, and strategic partnerships. The document addresses key aspects such as IP protection, technical implementation, knowledge transfer, and commercial terms, while ensuring compliance with Hong Kong's legal framework, including its Patent Ordinance, Copyright Ordinance, and Competition Ordinance. It's especially important given Hong Kong's status as a major technology hub and its role in facilitating technology transfers between international parties.
Suggested Sections

1. Parties: Identification and details of the transferor and transferee

2. Background: Context of the agreement, including brief description of the technology and purpose of transfer

3. Definitions: Detailed definitions of technical terms, concepts, and key phrases used throughout the agreement

4. Scope of Technology Transfer: Detailed description of the technology being transferred and the rights being granted

5. Grant of Rights: Specific rights being transferred, including any territorial restrictions and field of use limitations

6. Transfer Process: Steps and timeline for implementing the technology transfer

7. Payment Terms: Financial terms including upfront payments, royalties, and payment schedules

8. Intellectual Property Rights: Ownership and protection of IP rights, including improvements and modifications

9. Confidentiality: Protection of confidential information and trade secrets

10. Warranties and Representations: Guarantees regarding ownership, right to transfer, and technology performance

11. Training and Technical Support: Obligations for providing technical assistance and training

12. Term and Termination: Duration of agreement and circumstances for termination

13. Post-Termination Obligations: Obligations that survive termination of the agreement

14. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction

15. General Provisions: Standard boilerplate clauses including force majeure, notices, and amendment procedures

Optional Sections

1. Quality Control: Required when the technology transfer involves manufacturing processes or products that need quality standards

2. Export Control: Necessary when the technology falls under strategic or controlled technology regulations

3. Sub-licensing Rights: Include when the transferee is permitted to sub-license the technology

4. Improvement Rights: Details handling of improvements made to the technology by either party

5. Competition Compliance: Required when the agreement contains potentially restrictive practices

6. Data Protection: Necessary when the technology involves processing of personal data

7. Source Code Escrow: Include for software technology transfers requiring source code protection

8. Performance Metrics: When specific performance standards or milestones are required

9. Environmental Compliance: Required when the technology has environmental implications

Suggested Schedules

1. Technical Specifications: Detailed technical description of the technology being transferred

2. Implementation Plan: Detailed timeline and milestones for the technology transfer process

3. Training Program: Details of training to be provided, including duration and content

4. Royalty Calculations: Detailed methodology for calculating royalties and other payments

5. Licensed Patents and IP: List of specific patents, copyrights, and other IP being transferred

6. Quality Standards: Specific quality requirements and testing procedures

7. Support Services: Details of ongoing technical support and maintenance services

8. Approved Sub-contractors: List of approved third parties for implementation if applicable

9. Required Modifications: Specific modifications needed for local implementation

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions













































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Relevant Industries

Information Technology

Biotechnology

Manufacturing

Telecommunications

Healthcare

Automotive

Aerospace

Pharmaceutical

Chemical

Electronics

Software Development

Clean Energy

Research & Development

Industrial Automation

Artificial Intelligence

Relevant Teams

Legal

Intellectual Property

Research and Development

Technology Transfer Office

Commercial

Innovation

Business Development

Technical Operations

Compliance

Patent

Licensing

Product Development

Relevant Roles

Chief Technology Officer

Legal Counsel

IP Manager

Technology Transfer Manager

Research Director

Commercial Director

Licensing Manager

Chief Innovation Officer

Patent Attorney

R&D Manager

Business Development Director

Technical Project Manager

Compliance Officer

Chief Legal Officer

Innovation Manager

Technology Commercialization Manager

Industries









Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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