We offer smart collaboration agreement drafting services at an appropriate rate.
Commercial Relationship Agreement Solicitors
A collaboration agreement is a legally binding agreement between two parties who want to collaborate and cooperate in any capacity and how this will set out. It features the specifics of the collaboration, the responsibilities, and the obligations of both parties. Also, it outlines how profits and compensation are to be structured.
Most importantly, this agreement sets out the remedies in case any party does not perform to their end of the bargain. Collaboration agreements also determine what happens if the collaboration separates who controls what and where the ownership lies.
When do you need a collaboration agreement?
A collaboration agreement is usually drafted for joint ventures and varies based on the nature of the project and the industry in which both parties operate. For instance, if a collaboration involves two tech companies the provisions will be related to technology, data, and ownership of intellectual property, as well as confidential information clauses.
How Can Freeman Harris Help You With a Collaboration Agreement?
We have a strong contract drafting department, which can help you in drafting sound agreements for any commercial collaboration you intent to start.
If you have a collaboration dispute or would like us to provide advice on drafting a contract, please contact us, and we will outline the service we can offer, and the associated costs.
Ian has a great understanding of contract drafting especially for commercial purposes, and can assist SME’s with their legal needs.
Abdul carries out a broad range of legal work which include contract drafting and reviewing.
What our clients say?
Collaboration Agreement FAQ's
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