PandaTip: Once the model is complete, you and your co-operation partner can view, sign and download it from your computer or mobile device. PandaDoc`s electronic signatures are legal and legally binding. The parties agree that an independent advisor will be responsible for conducting a risk assessment before starting work on this cooperation agreement. PandaTip: Any cooperation agreement should define the terms of the resolution of the agreement between the two parties. This part of the proposal clarit the process of concluding the agreement. The contracting parties each appoint a senior representative who acts on their behalf in all matters related to this cooperation agreement. All parties withdrawing from this agreement terminate the agreement in its entirety, including those reached among other participating members. PandaTip: This section of the proposal describes the joint decision-making process and the election of authorized representatives for collaborative projects. This contract can only be renewed or amended by the written agreement of all parties. The decision amending or extending the agreement includes the date of amendment/renewal and the signature of representatives of each participating organization, as well as any new conditions that have been amended or added to this agreement. All remaining parties will have the opportunity to reach a new agreement at the end of the current agreement. Any participating staff member has the option to revoke the agreement with written notification no later than 30 days before the termination ends.
Please note that this model of agreement is only intended as an illustration. It contains conditions representative of a basic agreement on cooperation in the field of research and which contain provisions relating to the transfer of material, but any such agreement is subject to amendments based on the unique aspects of any cooperation. All important decisions on this cooperation agreement must be approved by all parties involved. Decisions include, but are not limited, as well as all decisions regarding eligibility, service character and all financial issues related to the above objectives. PandaTip: The proposal clearly defines how to manage financing and profits during the duration of the cooperation contract. Harvard`s OTD organizes thousands of material transfers each year to facilitate scientific progress and innovation. The following standard agreements contain conditions that are representative of material transfer agreements (MDUs), but which are provided only for illustrative purposes and can make changes. The parties share in the same way the financial burdens, commitments or direct costs associated with this cooperation agreement. If external funds or appropriations are required to support the achievement of the above objectives, the parties agree to jointly raise these funds and participate in the responsibility for the repayment of these debts. When a party provides additional capital beyond its share, that capital does not give it additional interest or control over cooperation. Instead, the capital is considered a loan and is repaid on the proceeds of cooperative efforts. PandaTip: The table of materials allows everyone to check this model via PandaDoc, to click on any section of the model for the collaboration agreement.