Business Contract outline
An example:

Business Contract
To formalise collaboration as regards the National Health Knowledge Network Project (SAHealthInfo)

between

South African Medical Research Council

herein represented by ....................................................

in his/her capacity as ....................................................

(hereinafter referred to as "MRC")

and [Partner Institution]

herein represented by ....................................................

in his/her capacity as ....................................................
                       
and duly authorized hereto

(hereinafter referred to as "[ ]"

Preamble:

  • The Parties enter into this Contract to fulfill the obligations to further develop the ....................... module of the National Health Knowledge Network ("the Module")
  • The Parties consisting of the MRC and [ ], have come together to develop a unique system and information products for the Module. The Parties will work together as an integrated development team, with project management led by die MRC Knowledge Management Division in close collaboration with the Module Champion and domain expertise led by the members of the [Partner institute].
  • The Parties mutually depend on each other's resources to strengthen the goals and objectives of each party and that of the collaboration.
  • Any contractual agreements with third Parties will be subject to prior agreement by the Parties who will not unreasonably oppose such an agreement.

NOW THEREFORE THE PARTIES AGREE AS FOLLOWS

  1. Definitions
    ................................
  2. Areas of responsibility of each Party
    1. MRC ..............................
    2. [Partner Institution] ....................................
    3. Joint responsibility .......................................
  3. Commercialisation and Intellectual Property
    ...............................................
  4. Use of the name and publicity
    ...............................................
  5. Term and termination
    ...............................................
  6. Consequences of termination
    ...............................................
  7. Mediation
    ...............................................
  8. Arbitration
    ...............................................
  9. Force majeure
    ...............................................
  10. Domicilia and notices
    ...............................................
  11. General
    ...............................................
  12. Applicable laws
    ...............................................

SIGNED AT ....................................on this .............. day of .....................2002.

AS WITNESSES

  1. .............................................             ..................................................
                                                                                for MRC
  2. .............................................  

SIGNED AT ....................................on this .............. day of .....................2002.

AS WITNESSES

  1. .............................................             ..................................................
                                                                                for [Partner Institution]
  2. .............................................

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Last updated:
09-Feb-2006

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