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Technology Sharing Agreement Template for New Zealand

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Key Requirements PROMPT example:

Technology Sharing Agreement

"Need a Technology Sharing Agreement for transferring proprietary software development tools from our New Zealand-based tech company to our overseas subsidiary in Singapore, with implementation to begin March 2025; must include strong IP protection and data security provisions."

Document background
The Technology Sharing Agreement serves as a crucial legal instrument for organizations seeking to formalize arrangements for sharing technological resources, intellectual property, and related knowledge in New Zealand. This document is particularly relevant when parties need to establish clear terms for technology transfer, implementation, and ongoing support while ensuring compliance with New Zealand's legal framework. The agreement addresses key aspects such as intellectual property rights, confidentiality, technical specifications, implementation requirements, and support obligations. It is commonly used in scenarios involving software sharing, research collaboration, joint technological development, or when organizations need to formalize the transfer of technological capabilities. The document incorporates necessary provisions to comply with New Zealand's regulatory requirements, including intellectual property laws, privacy regulations, and consumer protection measures.
Suggested Sections

1. Parties: Identification and details of all parties entering into the agreement

2. Background: Context of the agreement, relationship between parties, and purpose of the technology sharing arrangement

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

4. Scope of Technology Sharing: Detailed description of the technology being shared and the extent of sharing permitted

5. License Grant: Terms of the technology license, including usage rights, restrictions, and territorial limitations

6. Intellectual Property Rights: Ownership and protection of IP rights, including pre-existing IP and newly developed IP

7. Confidentiality Obligations: Protection of confidential information, trade secrets, and know-how

8. Implementation and Support: Technical support, training, and implementation assistance requirements

9. Term and Termination: Duration of the agreement and circumstances for termination

10. Payment Terms: Financial arrangements, royalties, and payment schedules

11. Warranties and Indemnities: Warranties regarding technology ownership and performance, and indemnification provisions

12. Dispute Resolution: Procedures for handling disputes, including jurisdiction and applicable law

13. General Provisions: Standard legal provisions including notices, assignment, and entire agreement

Optional Sections

1. Research and Development: Include when parties will collaborate on further technology development

2. Improvements and Modifications: Include when parties may enhance or modify the shared technology

3. Export Control: Include when technology transfer involves international elements

4. Source Code Escrow: Include when software source code needs to be held in escrow

5. Data Protection: Include when personal data processing is involved

6. Competition Compliance: Include when agreement might raise competition law concerns

7. Cultural Property Rights: Include when technology involves or affects M膩ori traditional knowledge

8. Change Control: Include when technology modifications need formal approval process

9. Service Levels: Include when specific performance metrics need to be maintained

Suggested Schedules

1. Schedule 1: Technical Specifications: Detailed technical description of the shared technology

2. Schedule 2: Implementation Plan: Timeline and milestones for technology implementation

3. Schedule 3: Support Services: Details of technical support and maintenance services

4. Schedule 4: Fee Schedule: Detailed breakdown of all fees, royalties, and payment terms

5. Schedule 5: Security Requirements: Security protocols and requirements for technology usage

6. Schedule 6: Authorized Users: List of authorized users and access levels

7. Appendix A: Technical Documentation: User manuals, technical guides, and documentation

8. Appendix B: Training Materials: Training procedures and materials

9. Appendix C: Service Level Metrics: Performance metrics and measurement criteria

Authors

Alex Denne

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

Relevant legal definitions















































Clauses
































Relevant Industries

Information Technology

Software Development

Biotechnology

Healthcare Technology

Financial Technology

Manufacturing

Research and Development

Aerospace

Telecommunications

Clean Energy

Digital Media

Agricultural Technology

Educational Technology

Relevant Teams

Legal

Information Technology

Research and Development

Innovation

Intellectual Property

Commercial

Compliance

Software Development

Business Development

Technical Operations

Product Management

Relevant Roles

Chief Technology Officer

Head of Legal

Technology Director

IP Counsel

Research Director

Innovation Manager

Legal Counsel

Commercial Director

Software Development Manager

Licensing Manager

Technology Transfer Officer

Head of Research & Development

Chief Innovation Officer

Compliance Officer

Business Development 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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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