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Technology Sharing Agreement
"I need a Technology Sharing Agreement for transferring our proprietary AI software technology to an Indonesian manufacturing company, including provisions for technical support and training, with implementation starting March 2025."
1. Parties: Identification of the parties entering into the agreement, including their legal status and authority
2. Background: Context of the agreement, including the parties' business relationship and objectives
3. Definitions: Detailed definitions of technical terms, concepts, and other important terms used in the agreement
4. Scope of Technology: Detailed description of the technology being shared, including technical specifications and documentation
5. License Grant: Terms and conditions of the technology sharing license, including territory, duration, and usage rights
6. Technology Transfer Process: Procedures and timeline for the transfer of technology, including implementation and training
7. Intellectual Property Rights: Ownership and protection of IP rights, including improvements and modifications
8. Confidentiality: Obligations regarding protection of confidential information and trade secrets
9. Payment Terms: Financial arrangements, including licensing fees, royalties, and payment schedules
10. Representations and Warranties: Parties' assertions regarding their authority, technology ownership, and compliance with laws
11. Term and Termination: Duration of the agreement and circumstances for termination
12. Compliance with Laws: Obligations to comply with Indonesian laws, including technology transfer regulations
13. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law
14. General Provisions: Standard contractual provisions including notices, amendments, and assignment
1. Local Content Requirements: Specific provisions addressing Indonesian local content requirements, used when the agreement involves mandatory local content obligations
2. Export Control: Provisions regarding export control regulations, used when the technology is subject to international export restrictions
3. Source Code Escrow: Terms for source code protection and access, used when software is a key component of the shared technology
4. Data Protection: Specific provisions for handling personal or sensitive data, used when the technology involves data processing
5. Performance Metrics: Specific performance standards and evaluation criteria, used when the agreement includes performance-based elements
6. Training and Support: Detailed provisions for technical training and ongoing support, used when significant knowledge transfer is required
7. Research and Development: Provisions for collaborative R&D activities, used when parties plan to jointly develop improvements
1. Schedule 1 - Technical Specifications: Detailed technical specifications of the technology being shared
2. Schedule 2 - Implementation Plan: Detailed timeline and milestones for technology transfer and implementation
3. Schedule 3 - License Fees and Royalties: Detailed breakdown of all financial terms and payment schedules
4. Schedule 4 - Training Program: Detailed description of training modules and knowledge transfer plan
5. Schedule 5 - Support Services: Specification of ongoing technical support and maintenance services
6. Appendix A - Technical Documentation: Complete technical documentation for the shared technology
7. Appendix B - Compliance Certificates: Relevant regulatory approvals and compliance certificates
8. Appendix C - Contact Details: List of key contacts and authorized representatives for both parties
Authors
Information Technology
Manufacturing
Telecommunications
Biotechnology
Renewable Energy
Healthcare Technology
Industrial Automation
Financial Technology
Agriculture Technology
Transportation Technology
Mining Technology
Educational Technology
Legal
Technology
Research and Development
Intellectual Property
Operations
Compliance
Business Development
Technical Implementation
Project Management
Information Technology
Commercial
Chief Technology Officer
Head of Legal
Technology Transfer Manager
Intellectual Property Manager
Business Development Director
Technical Implementation Manager
Compliance Officer
Research and Development Director
Innovation Manager
Commercial Director
Legal Counsel
Operations Director
Project Manager
Technical Director
Chief Executive Officer
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