Cooperation Agreement Parties

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In a cooperation agreement, the other party is usually another company. One of the parts may be, for example, a university, a polytechnic, a research institute or a development centre. The parties to a cooperation agreement are generally on an equal footing and the respective commitments of the parties are similar. On the other hand, it is also possible that one of the parties plays only a coordinating role and leaves it to the other parties to fulfil all practical obligations. All of these things must be clearly stated in the agreement. The effective date of this agreement is the last signing date below. 2.1 The parties must be loyal to the other party and seek healthy cooperation. (c) [part] is solely and exclusively responsible for obtaining the necessary authorizations, authorizations or authorizations to carry out the activities described in this agreement. (c) each party releases the other party from any rights, liabilities, damages, loss, expenses and costs resulting from a facility provided by the party compensated in connection with the project.

Each party must immediately inform the other party in writing of the claims known to the first party. The parties cooperate in the defence and resolution of such claims. When a company receives financing or subsidies, for example from the European Union. B, it is important to pay special attention to a cooperation agreement. It is important to include in the cooperation agreement the reasons why cooperation can cease. At the beginning of the cooperation agreement, this is obviously not the first thing you are thinking about, but of course you may be in conflict with the other party or the other party is not complying with the obligations of the cooperation agreement. In this case, it is convenient for you to terminate the contract. 1.4 This is voluntary cooperation between the contracting parties as individual companies and not as a joint venture, joint venture or other legal entity, and each party remains responsible for its own activities and cannot legally engage or engage the other contracting party without further agreement.

9) Renouncement of contractual rights. The inability of one of the parties to enforce a provision of that agreement should not be regarded as a waiver or restriction on that party`s right to apply and subsequently compel any provision of that agreement. 6) Advertising and use of property trademarks. Each party receives prior written permission from the other party to use the trade names or trademarks, images or participations of the other party in connection with the project. This applies to all uses in print, the web or other media. After approval, similar uses in the same format and context do not require additional permission. In the event that this contract expires or expires, each party immediately ceases to use the other party`s trademarks, except as follows: [Exceptions] A cooperation contract defines the rights and obligations of the companies that cooperate. These rights and obligations include confidentiality, intellectual property, guarantees and compensation. In principle, a cooperation contract can only be terminated if (i) the duration of the contract has expired or (ii) if one of the contracting parties does not meet its obligations under the contract.

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