Teaming Agreement Template for New Zealand

A comprehensive legal document governed by New Zealand law that establishes and regulates a collaborative relationship between two or more parties working together on a specific project, opportunity, or business venture. The agreement defines the parties' respective roles, responsibilities, resource commitments, and commercial arrangements while protecting each party's interests through confidentiality provisions and intellectual property rights. It sets out the framework for joint operations, risk allocation, and profit sharing, ensuring compliance with New Zealand competition and commercial laws.

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What is a Teaming Agreement?

This document template is designed for use under New Zealand law when two or more organizations wish to formally collaborate on projects, tenders, or business opportunities. A Teaming Agreement is particularly valuable when parties need to combine their expertise, resources, or capabilities to pursue specific opportunities while maintaining their separate legal identities. The document addresses key aspects such as role definition, resource allocation, confidentiality, intellectual property rights, and profit sharing arrangements. It ensures compliance with New Zealand's Commerce Act 1986 regarding competition law and the Contract and Commercial Law Act 2017 for general contractual matters. This agreement type is commonly used in complex project bids, government tenders, or situations requiring complementary capabilities from multiple organizations.

What sections should be included in a Teaming Agreement?

1. Parties: Identifies and provides full legal details of all parties entering into the teaming agreement

2. Background: Sets out the context of the agreement, including the target project or opportunity and the parties' intentions

3. Definitions: Defines key terms used throughout the agreement for clarity and consistency

4. Purpose and Scope: Outlines the specific objectives of the teaming arrangement and its boundaries

5. Roles and Responsibilities: Details each party's specific duties, contributions, and obligations within the team

6. Exclusivity: Specifies whether the arrangement is exclusive and any related restrictions on working with competitors

7. Confidentiality: Governs the protection and handling of confidential information shared between parties

8. Intellectual Property: Addresses ownership and usage rights of existing and newly created intellectual property

9. Resource Allocation: Specifies how resources, costs, and revenues will be shared or allocated

10. Term and Termination: Sets out the duration of the agreement and circumstances for termination

11. Dispute Resolution: Establishes procedures for resolving disagreements between parties

12. General Provisions: Contains standard legal provisions including governing law, notices, and entire agreement

What sections are optional to include in a Teaming Agreement?

1. Bid Preparation: Used when the teaming agreement relates to a specific tender or bid, detailing the bid preparation process and responsibilities

2. Work Share: Include when there's a need to specify detailed work allocation percentages or specific project division

3. Personnel Assignment: Required when team members will be sharing or exchanging personnel

4. Insurance Requirements: Include when specific insurance coverage is necessary for the collaboration

5. Export Control: Required when dealing with international collaborations or controlled technologies

6. Security Requirements: Include when handling sensitive information or government contracts

7. Marketing and Publicity: Used when parties need to agree on how the collaboration will be marketed or publicized

8. Parent Company Guarantees: Include when financial or performance guarantees from parent companies are required

What schedules should be included in a Teaming Agreement?

1. Schedule 1 - Project Details: Detailed description of the target project or opportunity

2. Schedule 2 - Work Allocation Matrix: Detailed breakdown of responsibilities and work division between parties

3. Schedule 3 - Key Personnel: List of key team members and their roles from each party

4. Schedule 4 - Cost and Revenue Sharing: Detailed financial arrangements including cost sharing and revenue distribution

5. Schedule 5 - Timeline and Milestones: Project timeline, key dates, and milestone deliverables

6. Schedule 6 - Technical Requirements: Specific technical requirements or specifications for the project

7. Appendix A - Communication Protocol: Procedures for communication between parties including key contacts

8. Appendix B - Required Forms and Certifications: Any standard forms or certifications required for the collaboration

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

Jurisdiction

New Zealand

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use

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