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
- Definitions
................................
- Areas
of responsibility of each Party
- MRC
..............................
- [Partner
Institution] ....................................
- Joint
responsibility .......................................
- Commercialisation
and Intellectual Property
...............................................
- Use of
the name and publicity
...............................................
- Term
and termination
...............................................
- Consequences
of termination
...............................................
- Mediation
...............................................
- Arbitration
...............................................
- Force
majeure
...............................................
- Domicilia
and notices
...............................................
- General
...............................................
- Applicable
laws
...............................................
SIGNED AT
....................................on this .............. day
of .....................2002.
AS WITNESSES
- ............................................. ..................................................
for
MRC
- .............................................
SIGNED AT
....................................on this .............. day
of .....................2002.
AS WITNESSES
- ............................................. ..................................................
for
[Partner Institution]
- .............................................
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