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Technology Sharing Agreement

Technology Sharing Agreement Template for Malaysia

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Key Requirements PROMPT example:

Technology Sharing Agreement

"I need a Technology Sharing Agreement for my Malaysian software company to share our AI-powered analytics platform with a manufacturing partner, including implementation support and training to be completed by March 2025, while ensuring our source code remains protected."

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Document background
The Technology Sharing Agreement is essential for organizations looking to transfer or share technological innovations, software, technical knowledge, or proprietary systems in Malaysia. This document is particularly relevant in today's rapidly evolving technological landscape where collaboration between companies is crucial for innovation and growth. It provides a comprehensive framework compliant with Malaysian law, including the Patents Act 1983, Copyright Act 1987, and Personal Data Protection Act 2010. The agreement typically covers detailed technical specifications, implementation procedures, confidentiality provisions, and intellectual property rights protection. It's commonly used in scenarios ranging from simple technology licensing to complex joint development projects, ensuring that both the provider's and recipient's interests are protected while facilitating effective technology transfer.
Suggested Sections

1. Parties: Identification of all parties to the agreement including their legal names, registration numbers, and registered addresses

2. Background: Context of the agreement, relationship between parties, and general purpose of the technology sharing arrangement

3. Definitions: Detailed definitions of technical terms, shared technology, and other key terms used throughout the agreement

4. Scope of Technology Sharing: Detailed description of the technology being shared and the extent of sharing permitted

5. License Grant: Specific rights granted regarding the use, modification, and implementation of the shared technology

6. Confidentiality Obligations: Provisions for protecting confidential information and trade secrets

7. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

8. Intellectual Property Rights: Ownership and rights over existing and newly developed IP

9. Technical Support and Implementation: Details of technical assistance, training, and implementation support

10. Warranties and Representations: Warranties regarding ownership, non-infringement, and functionality of the technology

11. Liability and Indemnification: Allocation of risks and responsibilities between parties

12. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for dispute resolution

Optional Sections

1. Commercialization Rights: Include when parties agree on commercial exploitation of the shared technology

2. Joint Development: Include when parties will collaborate to further develop the technology

3. Export Control: Include when technology may be subject to export control regulations

4. Source Code Escrow: Include when software source code needs to be held in escrow

5. Performance Metrics: Include when specific performance standards need to be met

6. Regulatory Compliance: Include when technology is subject to specific regulatory requirements

7. Third Party Rights: Include when technology incorporates third-party components

8. Geographic Restrictions: Include when technology sharing is limited to specific territories

Suggested Schedules

1. Schedule 1 - Technical Specifications: Detailed technical specifications of the shared technology

2. Schedule 2 - Implementation Timeline: Milestone dates for technology transfer and implementation

3. Schedule 3 - Support Services: Details of technical support, maintenance, and training services

4. Schedule 4 - License Fees: Fee structure and payment terms if applicable

5. Schedule 5 - Acceptance Testing: Procedures and criteria for accepting the technology

6. Appendix A - Security Requirements: Security protocols and requirements for handling the technology

7. Appendix B - Contact Details: Key contact persons for technical and administrative matters

8. Appendix C - Documentation Requirements: List of required technical documentation and user manuals

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



































Clauses






























Relevant Industries

Information Technology

Manufacturing

Research and Development

Biotechnology

Telecommunications

Automotive

Healthcare Technology

Financial Technology

Industrial Automation

Artificial Intelligence and Machine Learning

Renewable Energy

Electronics Manufacturing

Relevant Teams

Legal

Research and Development

Information Technology

Intellectual Property

Compliance

Engineering

Innovation

Technical Operations

Software Development

Project Management

Corporate Strategy

Risk Management

Relevant Roles

Chief Technology Officer

Head of Research and Development

Legal Counsel

IP Rights Manager

Technology Transfer Manager

Chief Innovation Officer

Technical Director

Compliance Officer

Contract Manager

Chief Legal Officer

Head of Engineering

Innovation Manager

Research Director

Software Development Manager

Technical Project 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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