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Joint Research And Development Agreement

Joint Research And Development Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Joint Research And Development Agreement

"I need a Joint Research And Development Agreement between our biotech company and Hong Kong University for a collaborative cancer research project, with special attention to IP rights for any discoveries and provisions for potential commercialization of research outcomes."

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Document background
The Joint Research And Development Agreement is essential for organizations engaging in collaborative research projects in Hong Kong. It's particularly relevant when parties wish to combine resources, expertise, and intellectual property to achieve common research objectives while operating under Hong Kong's legal framework. This document addresses critical elements such as background IP rights, newly developed IP ownership, confidentiality obligations, and commercialization rights. It includes specific provisions compliant with Hong Kong's Patents Ordinance, Personal Data (Privacy) Ordinance, and Competition Ordinance. The agreement is commonly used in technology transfers, industry-academic collaborations, and cross-border research initiatives where Hong Kong serves as a strategic innovation hub.
Suggested Sections

1. Parties: Identification of the collaborating parties and their legal status

2. Background: Context of the collaboration and parties' expertise

3. Definitions: Key terms used throughout the agreement

4. Project Scope: Detailed description of the R&D project, objectives, and deliverables

5. Project Management: Governance structure, steering committee, reporting requirements

6. Contributions: Each party's contributions (financial, personnel, facilities, equipment)

7. Intellectual Property Rights: Ownership and licensing of background and foreground IP

8. Confidentiality: Protection of confidential information and trade secrets

9. Publication Rights: Process for academic or commercial publication of results

10. Financial Provisions: Budget, cost sharing, and payment terms

11. Duration and Termination: Project timeline, extension options, and termination rights

12. Warranties and Liabilities: Risk allocation and limitations of liability

13. General Provisions: Standard boilerplate clauses including governing law

Optional Sections

1. Public Funding Requirements: Specific obligations when public funding is involved

2. Regulatory Compliance: For R&D in regulated sectors (e.g., medical, environmental)

3. Third-Party Contractors: Rights and obligations regarding subcontractors

4. Export Control: For international collaborations or controlled technologies

5. Data Protection: Specific provisions for handling personal or sensitive data

6. Background IP License: Detailed licensing terms for background IP if significant

7. Commercialization Rights: Specific terms for commercial exploitation of results

8. Competition Law Compliance: Specific provisions ensuring compliance with competition laws

Suggested Schedules

1. Project Plan: Detailed technical description of the R&D project

2. Budget and Payment Schedule: Detailed financial arrangements and milestone payments

3. Background IP: List of existing IP brought to the project by each party

4. Key Personnel: List of key researchers and their responsibilities

5. Equipment and Facilities: Details of resources to be used in the project

6. Reporting Templates: Standard forms for project reporting

7. Publication Procedure: Detailed process for reviewing and approving publications

8. Technical Specifications: Detailed technical requirements and standards

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions














































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Relevant Industries

Technology

Pharmaceuticals

Biotechnology

Manufacturing

Automotive

Aerospace

Healthcare

Energy

Environmental Sciences

Materials Science

Artificial Intelligence

Electronics

Chemical Industry

Medical Devices

Telecommunications

Relevant Teams

Legal

Research & Development

Intellectual Property

Business Development

Innovation

Technology Transfer

Scientific Affairs

Commercial

Compliance

Corporate Development

Relevant Roles

Chief Technology Officer

Research Director

Legal Counsel

IP Manager

Head of R&D

Innovation Manager

Business Development Director

Chief Scientific Officer

Project Manager

Research Scientist

Technology Transfer Officer

Commercial Director

Head of Legal

Research Program Manager

Chief Innovation Officer

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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