Technology Transfer Agreement Template for Philippines

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Key Requirements PROMPT example:

Technology Transfer Agreement

"I need a Technology Transfer Agreement for transferring proprietary software development technology from our US-based company to our Philippine subsidiary, with implementation starting March 2025, including provisions for ongoing technical support and protection of source code."

Document background
A Technology Transfer Agreement is essential when implementing the transfer of technical knowledge, proprietary technology, or innovative processes between organizations in or involving the Philippines. This document type is crucial for transactions governed by Philippine law, particularly under the framework of the Intellectual Property Code (Republic Act No. 8293) and related technology transfer regulations. It's commonly used when foreign companies transfer technology to Philippine entities, when local companies share technical knowledge, or in research commercialization efforts. The agreement covers critical aspects including technical specifications, implementation procedures, training requirements, payment structures, and IP protection measures. It must comply with specific Philippine regulatory requirements regarding technology transfer arrangements, including mandatory and prohibited provisions under IPO Administrative Order No. 2020-002, while also considering foreign investment regulations and competition laws.
Suggested Sections

1. Parties: Identification of the technology provider and recipient, including complete legal names, addresses, and registration details

2. Background: Context of the agreement, brief description of the technology, and the parties' intentions

3. Definitions: Detailed definitions of technical terms, defined terms, and key concepts used throughout the agreement

4. Scope of Technology Transfer: Detailed description of the technology being transferred, including all components, processes, and know-how

5. Grant of Rights: Specific rights being transferred, including licenses, territories, and any restrictions on use

6. Transfer Process: Step-by-step process for implementing the technology transfer, including timeline and milestones

7. Technical Assistance and Training: Details of technical support, training programs, and ongoing assistance to be provided

8. Payment Terms: Financial terms including transfer fees, royalties, payment schedules, and calculation methods

9. Intellectual Property Rights: Ownership and protection of IP rights, including improvements and modifications

10. Confidentiality: Protection of confidential information and trade secrets

11. Warranties and Representations: Warranties regarding technology ownership, performance, and compliance with laws

12. Compliance with Laws: Specific provisions ensuring compliance with Philippine technology transfer regulations

13. Term and Termination: Duration of the agreement, renewal terms, and termination conditions

14. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law

Optional Sections

1. Export Control: Required when the technology transfer involves cross-border elements subject to export control regulations

2. Quality Control: Needed when the technology requires specific quality standards or certifications

3. Competition Compliance: Required when the transfer might affect market competition or involve substantial market share

4. Environmental Compliance: Necessary when the technology has environmental implications or requires environmental permits

5. Personnel Exchange: Include when the transfer involves temporary assignment of personnel between parties

6. Research and Development: Required when ongoing R&D collaboration is part of the transfer arrangement

7. Marketing Rights: Include when the agreement includes rights to market products derived from the technology

Suggested Schedules

1. Schedule A - Technical Specifications: Detailed technical specifications of the technology being transferred

2. Schedule B - Implementation Timeline: Detailed timeline for the transfer process, including milestones and deliverables

3. Schedule C - Training Program: Detailed outline of training programs, including duration, content, and resources

4. Schedule D - Payment Schedule: Detailed breakdown of payments, including calculations and due dates

5. Schedule E - Quality Standards: Specific quality standards and testing procedures

6. Appendix 1 - Technical Documentation: Complete technical documentation, manuals, and procedures

7. Appendix 2 - IP Registrations: List of relevant patents, trademarks, and other IP registrations

8. Appendix 3 - Regulatory Approvals: Copies of required regulatory approvals and permits

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

Manufacturing

Biotechnology

Pharmaceutical

Telecommunications

Automotive

Aerospace

Electronics

Chemical Processing

Agricultural Technology

Clean Energy

Medical Technology

Software Development

Industrial Automation

Research and Development

Relevant Teams

Legal

Research and Development

Technical Operations

Intellectual Property

Innovation

Business Development

Compliance

Executive Leadership

Technology Implementation

Commercial Operations

Project Management

Engineering

Product Development

Relevant Roles

Chief Technology Officer

Head of Research and Development

Intellectual Property Manager

Technology Transfer Officer

Legal Counsel

Innovation Director

Technical Director

Licensing Manager

Business Development Manager

Chief Legal Officer

Research Director

Technology Implementation Manager

Compliance Officer

Chief Executive Officer

Chief Operating Officer

Patent Attorney

Technical Project Manager

Commercial Director

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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