Document background
The Technology Development Agreement is essential for parties engaging in custom technology development projects under Swiss jurisdiction. It is particularly useful when a company or organization requires bespoke software, hardware, or other technology solutions developed to their specifications. The agreement comprehensively addresses key aspects such as project scope, intellectual property rights, development methodology, acceptance testing, and risk allocation. It incorporates relevant provisions from Swiss law, including the Swiss Code of Obligations and federal intellectual property regulations, while providing flexibility to accommodate various development methodologies and project requirements. This document is crucial for establishing clear expectations, protecting both parties' interests, and ensuring smooth project execution in technology development relationships.
