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Cooperation Framework Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Cooperation Framework Agreement

"I need a Cooperation Framework Agreement to establish a technology development partnership between a Hong Kong software company and a mainland China hardware manufacturer, with strong IP protection clauses and clear governance structure for joint projects starting March 2025."

Document background
The Cooperation Framework Agreement is a strategic document used when parties intend to establish a long-term collaborative relationship but want to maintain flexibility in how specific projects or initiatives are implemented. It is particularly relevant in the Hong Kong business environment, where cross-border and international collaborations are common. This document typically includes provisions for governance structure, intellectual property rights, confidentiality, and general obligations while leaving room for detailed terms to be agreed upon in subsequent project-specific agreements. The framework nature of the agreement makes it especially suitable for complex business relationships where the full scope of cooperation may evolve over time, while ensuring compliance with Hong Kong's legal requirements and business practices. It serves as an umbrella agreement under which multiple specific agreements can be developed and executed.
Suggested Sections

1. Parties: Identification of the contracting parties with full legal names and registered addresses

2. Background: Context of the cooperation and brief description of each party's business

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Cooperation: General description of the areas and nature of cooperation between the parties

5. Principles of Cooperation: Fundamental principles governing how the parties will work together

6. Responsibilities of the Parties: General obligations and commitments of each party

7. Governance Structure: Framework for decision-making and management of the cooperation

8. Intellectual Property Rights: Protection and handling of existing and newly created IP

9. Confidentiality: Protection and handling of confidential information

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

11. General Provisions: Standard legal provisions including notices, amendments, governing law, etc.

Optional Sections

1. Financial Arrangements: Framework for handling costs and revenue sharing, used when the cooperation involves financial exchanges

2. Data Protection: Specific provisions for handling personal and business data, required when cooperation involves data sharing

3. Non-Competition: Restrictions on competitive activities, used when parties operate in similar markets

4. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term cooperation

5. Dispute Resolution: Detailed dispute resolution procedures, recommended for international cooperation

6. Compliance with Laws: Specific regulatory compliance requirements, needed for regulated industries

7. Personnel Exchange: Terms for secondment or exchange of staff, used when cooperation involves shared personnel

8. Branding and Marketing: Guidelines for use of brands and joint marketing, relevant for public-facing cooperation

Suggested Schedules

1. Schedule 1 - Initial Cooperation Projects: List and basic details of specific projects initially planned

2. Schedule 2 - Contact Persons: Key contact persons and their details for each party

3. Schedule 3 - Governance Procedures: Detailed procedures for steering committee meetings and decision-making

4. Schedule 4 - Technical Standards: Technical requirements and standards applicable to the cooperation

5. Appendix A - Template Project Agreement: Standard template for specific project agreements under the framework

6. Appendix B - Confidentiality Requirements: Detailed confidentiality and information handling procedures

7. Appendix C - Compliance Checklist: Checklist of regulatory and compliance requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 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

Technology

Manufacturing

Financial Services

Healthcare

Education

Research & Development

Telecommunications

E-commerce

Professional Services

Industrial

Consumer Goods

Energy

Media & Entertainment

Logistics & Supply Chain

Relevant Teams

Legal

Business Development

Corporate Strategy

Executive Leadership

Commercial Operations

Compliance

Corporate Affairs

International Operations

Project Management Office

Research & Development

Relevant Roles

Chief Executive Officer

Chief Operating Officer

Chief Legal Officer

General Counsel

Legal Director

Business Development Director

Strategic Partnerships Manager

Commercial Director

Head of Legal

Corporate Counsel

Senior Legal Counsel

Chief Strategy Officer

Managing Director

Head of Business Development

Alliance 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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