Technology Partnership Agreement Template for Austria

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Key Requirements PROMPT example:

Technology Partnership Agreement

"I need a Technology Partnership Agreement for a collaboration between our software development company and a cloud services provider in Austria, focusing on joint development of AI solutions and including revenue sharing provisions, targeted for implementation by March 2025."

Document background
The Technology Partnership Agreement is essential for organizations seeking to formalize technological collaboration under Austrian jurisdiction. It is particularly relevant when parties wish to combine their technological capabilities, share intellectual property, or jointly develop new solutions. This document type is crucial in today's digital economy where cross-company technological collaboration is increasingly common. The agreement ensures compliance with Austrian legal requirements, including the Civil Code (ABGB), Commercial Code (UGB), and relevant EU regulations such as GDPR. It provides comprehensive coverage of intellectual property rights, confidentiality obligations, technical specifications, and operational responsibilities while offering flexibility to accommodate various forms of technology partnerships. The document is structured to protect both parties' interests while fostering innovation and technological advancement.
Suggested Sections

1. Parties: Identification and details of the contracting parties

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

3. Definitions: Defined terms used throughout the agreement

4. Scope of Partnership: Detailed description of partnership activities and objectives

5. Rights and Responsibilities: Core obligations and rights of each party

6. Intellectual Property Rights: Ownership, licensing and usage rights of existing and new IP

7. Confidentiality: Protection and handling of confidential information

8. Data Protection: GDPR compliance and data handling requirements

9. Financial Terms: Commercial terms, cost sharing, and payment provisions

10. Term and Termination: Duration, renewal, and termination conditions

11. Liability and Indemnification: Risk allocation between parties

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

13. Governing Law and Jurisdiction: Austrian law application and dispute resolution

14. General Provisions: Standard boilerplate clauses including notices, amendments, etc.

Optional Sections

1. Joint Development Projects: Include when parties will collaborate on specific development projects

2. Staff Exchange: Include when personnel will be shared or exchanged between parties

3. Marketing and Branding: Include when partnership involves joint marketing or brand usage

4. Competition Restrictions: Include when parties agree to market or territory restrictions

5. Quality Control: Include for partnerships involving product manufacturing or service delivery

6. Escrow Arrangements: Include when source code or critical technology needs to be escrowed

7. Export Control: Include when technology transfer crosses international borders

8. Insurance Requirements: Include when specific insurance coverage is necessary

9. Change Control: Include when formal process for changes to technical specifications is needed

10. Disaster Recovery: Include when continuous service availability is critical

Suggested Schedules

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

2. Schedule 2 - Service Levels: Performance metrics and service level requirements

3. Schedule 3 - Project Timeline: Milestones and delivery schedules

4. Schedule 4 - Price List: Detailed pricing and payment terms

5. Schedule 5 - Licensed IP: List and details of intellectual property being licensed

6. Schedule 6 - Contact Details: Key contacts and escalation procedures

7. Schedule 7 - Data Processing Agreement: GDPR-compliant data processing terms

8. Schedule 8 - Security Requirements: IT and physical security specifications

9. Appendix A - Technical Documentation: Supporting technical documentation and manuals

10. Appendix B - Form of Change Request: Template for requesting changes to specifications or scope

Authors

Alex Denne

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

Relevant legal definitions
Clauses
Relevant Industries

Information Technology

Software Development

Telecommunications

Manufacturing

Healthcare Technology

Financial Technology

Automotive

Aerospace

Research & Development

Digital Services

Industrial Automation

Consumer Electronics

Biotechnology

Clean Technology

Smart Cities

Relevant Teams

Legal

Information Technology

Research & Development

Business Development

Compliance

Innovation

Strategic Partnerships

Technical Operations

Intellectual Property

Product Development

Corporate Strategy

Systems Integration

Digital Transformation

Contract Management

Relevant Roles

Chief Technology Officer

Head of Legal

Technology Partnership Manager

Legal Counsel

Innovation Director

Business Development Manager

Technical Project Manager

IP Rights Manager

Compliance Officer

Chief Information Officer

Head of Research and Development

Strategic Alliance Manager

Digital Transformation Lead

Technology Integration Manager

Contract 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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