Technology Partnership Agreement

Technology Partnership Agreement Template for Hong Kong

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Key Requirements PROMPT example:

"I need a Technology Partnership Agreement for a joint venture between my AI software company and a cloud services provider, starting March 2025, with specific provisions for IP sharing, data protection, and revenue sharing from jointly developed products."

Document background

The Technology Partnership Agreement is a specialized contract used when organizations seek to collaborate on technology-related initiatives under Hong Kong jurisdiction. It is particularly relevant in situations involving joint technology development, system integration projects, or strategic technology alliances. The document addresses crucial aspects including intellectual property rights, data protection, technical requirements, and commercial terms, while ensuring compliance with Hong Kong's legal framework, including the Personal Data (Privacy) Ordinance, Electronic Transactions Ordinance, and relevant technology regulations. This agreement type is essential for organizations looking to formalize technology-focused partnerships while protecting their interests and establishing clear operational parameters.

Suggested Sections

1. Parties: Identification and details of the contracting parties

2. Background: Context of the partnership and high-level objectives

3. Definitions and Interpretation: Defined terms and interpretation rules

4. Partnership Scope and Objectives: Detailed description of partnership scope, goals, and strategic objectives

5. Rights and Obligations: Core responsibilities and rights of each party

6. Intellectual Property Rights: Ownership, licensing, and protection of IP

7. Confidentiality: Protection and handling of confidential information

8. Data Protection and Security: Data handling, privacy compliance, and security requirements

9. Term and Termination: Duration, renewal, and termination provisions

10. Financial Terms: Payment terms, revenue sharing, and financial obligations

11. Governance: Partnership management structure and decision-making processes

12. Representations and Warranties: Standard and technology-specific warranties

13. Liability and Indemnification: Risk allocation and liability limitations

14. Force Majeure: Handling of events beyond parties' control

15. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law

Optional Sections

1. Technology Development: Include when partnership involves joint technology development activities

2. Marketing and Promotion: Include when parties will jointly market products or services

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

4. Staff and Resources: Include when dealing with dedicated team assignments or resource sharing

5. Competition Restrictions: Include when parties need non-compete or exclusivity provisions

6. Regulatory Compliance: Include when operating in heavily regulated sectors

7. Insurance: Include when specific insurance requirements are needed

8. Dispute Resolution: Include when specific arbitration or mediation procedures are required

9. Source Code Escrow: Include when critical software source code needs protection

10. Change Management: Include when formal change control procedures are needed

Suggested Schedules

1. Technology Specifications: Detailed technical specifications and requirements

2. Commercial Terms: Pricing, payment terms, and commercial arrangements

3. Service Levels and KPIs: Detailed performance metrics and measurement criteria

4. Implementation Plan: Project timeline, milestones, and deliverables

5. Governance Procedures: Detailed procedures for partnership management

6. Security Requirements: Specific security protocols and standards

7. Data Processing Requirements: Detailed data handling and privacy requirements

8. IP Register: List of intellectual property assets involved

9. Approved Subcontractors: List of approved third-party providers

10. Contact Details: Key contacts and escalation procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 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

Clauses

Relevant Industries

Information Technology

Financial Services

Healthcare Technology

E-commerce

Telecommunications

Manufacturing

Education Technology

Artificial Intelligence

Internet of Things

Biotechnology

Digital Media

Cybersecurity

Cloud Computing

Research and Development

Relevant Teams

Legal

Information Technology

Research and Development

Commercial

Business Development

Operations

Innovation

Strategy

Product Development

Compliance

Technology Operations

Partnership Management

Digital Transformation

Enterprise Architecture

Relevant Roles

Chief Technology Officer

Head of Legal

Chief Information Officer

Technology Director

Legal Counsel

Partnership Manager

Head of Innovation

Product Manager

Technical Project Manager

Commercial Director

Chief Digital Officer

Head of Strategy

IT Director

Research Director

Business Development Manager

Compliance Officer

Technology Operations Manager

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