There is no general law that regulates a collaboration agreement. The instant one is drawn in general terms for companies and firms keen on formalizing their relationship on a revenue sharing model.
A person or company arranging terms for a technical and marketing collaboration agreement in a manufacturing or service industry in India.
consists of a large numbers of variables to suit various circumstances and address all eventualities;
suitable for service providing and manufacturing industries;
ready for adaptation to particular needs of either or both parties;
comprehensive provisions; no short cuts;
user friendly; drawn in plain and simple English.
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Relationship, roles and responsibilities of parties;
Proprietary rights and license arrangement;
Intellectual Property Rights;
Training, Development and Information;
Division of Proceeds of Sale;
Mutual Hold Harmless;
Termination and what happens afterwards;
Appropriate legal provisions - warranties, exclusions, indemnities, etc.
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