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The Proof of Concept Agreement is essential when organizations want to validate new technologies, solutions, or business concepts before committing to full-scale implementation. This document, governed by German law, is particularly crucial in technology-driven projects where parties need to establish clear parameters for testing innovative solutions while managing risks and protecting intellectual property. The agreement typically includes detailed technical specifications, success criteria, timeline, resource commitments, and clear definitions of each party's obligations. It's designed to comply with German legal requirements, including data protection regulations (DSGVO), intellectual property laws, and commercial code (HGB) provisions. The document is commonly used in situations where companies need to verify technical feasibility, assess performance capabilities, or validate business assumptions before proceeding with larger investments or full implementation projects.
