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Cost Sharing Agreement
I need a Cost Sharing Agreement governed by German law for a pharmaceutical research project between three companies, where we'll share laboratory facilities and research staff costs starting from March 2025, with specific provisions for intellectual property rights and regulatory compliance.
1. Parties: Identification and details of all participating parties to the agreement
2. Background: Context of the agreement and general intentions of the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Cost Sharing: Detailed description of which costs are included and excluded from the sharing arrangement
5. Cost Allocation Method: Methodology for calculating and allocating costs between parties
6. Payment Terms: Terms and conditions for payments, including timing, currency, and payment methods
7. Accounting and Documentation: Requirements for record-keeping, documentation of costs, and audit rights
8. Tax and VAT Treatment: Handling of tax implications and VAT requirements
9. Confidentiality: Obligations regarding confidential information shared during the cost sharing arrangement
10. Term and Termination: Duration of the agreement and circumstances for termination
11. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction
12. Dispute Resolution: Procedures for resolving disputes between parties
1. Intellectual Property Rights: Required when shared costs involve development or use of intellectual property
2. Regulatory Compliance: Needed when the cost sharing arrangement is subject to specific regulatory oversight
3. Anti-Competition Compliance: Required when parties are competitors or when arrangement could have market impact
4. Force Majeure: Optional clause for handling unforeseen circumstances affecting cost sharing
5. Assignment and Transfer: Include when parties might need to transfer rights or obligations
6. Multiple Currency Provisions: Required when cost sharing involves multiple currencies
7. Insurance Requirements: Include when shared activities require specific insurance coverage
8. Change Control: Required for complex arrangements where cost bases may change significantly
1. Schedule 1 - Cost Categories: Detailed breakdown of all cost categories included in the sharing arrangement
2. Schedule 2 - Allocation Keys: Specific formulas and methodologies for cost allocation
3. Schedule 3 - Initial Budget: Starting budget and cost estimates for the shared activities
4. Schedule 4 - Reporting Template: Standard format for regular cost reporting and reconciliation
5. Schedule 5 - Authorized Representatives: List of key contacts and their authority levels
6. Appendix A - Service Levels: If applicable, service levels related to shared activities
7. Appendix B - Tax Treatment Summary: Detailed overview of tax implications and treatment
8. Appendix C - Calculation Examples: Practical examples of how cost allocation will work
Authors
Allocation Key
Allocation Percentage
Authorized Representative
Base Period
Billing Period
Billing Statement
Budget
Business Day
Commencement Date
Confidential Information
Cost Base
Cost Categories
Cost Pool
Cost Sharing Committee
Direct Costs
Effective Date
Eligible Costs
Excluded Costs
Financial Year
Indirect Costs
Initial Period
Intellectual Property Rights
Invoice
Key Personnel
Operating Costs
Participating Party
Payment Date
Permitted Purpose
Quarterly Report
Reconciliation Period
Related Party
Relevant Proportion
Service Provider
Shared Costs
Shared Services
Supporting Documentation
Tax
Term
Territory
True-up Payment
Umsatzsteuer (VAT)
Working Capital
Definitions
Cost Allocation
Payment Terms
Invoicing
Record Keeping
Audit Rights
Tax Compliance
VAT Treatment
Confidentiality
Data Protection
Intellectual Property
Liability
Indemnification
Force Majeure
Term and Termination
Change Control
Assignment
Notices
Dispute Resolution
Governing Law
Severability
Entire Agreement
Anti-Corruption
Competition Law Compliance
Reporting Requirements
Budget Management
Cost Committee
Service Levels
Personnel
Insurance
Representations and Warranties
Manufacturing
Technology
Research and Development
Pharmaceutical
Automotive
Chemical
Financial Services
Professional Services
Energy
Telecommunications
Real Estate
Infrastructure
Healthcare
Consumer Goods
Legal
Finance
Accounting
Tax
Treasury
Operations
Procurement
Compliance
Commercial
Project Management
Business Development
Corporate Development
Chief Financial Officer
Finance Director
Legal Counsel
Tax Manager
Controller
Procurement Manager
Operations Director
Project Manager
Commercial Director
Compliance Officer
Treasury Manager
Accounting Manager
Business Development Manager
Joint Venture Manager
Corporate Development Director
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