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China Technical Collaboration Agreement
Obtain the expertise and know-how required to set up a manufacturing and distribution facility in China with this template Technical Collaboration Agreement.
- The contract is between three parties - a buyer (the company that wants to distribute products in China), a Chinese manufacturing firm, and a supplier who will supply components and license its technology to the buyer.
- The supplier grants the buyer the right to have the manufacturer manufacture, sell and distribute the products in conjunction with the supplier’s know-how and intellectual property rights pertaining to the products and the manufacturing processes.
- The supplier will provide the necessary know-how, specifications and data to assist the manufacturer in setting up the plant to produce the products. The supplier will send a technical advisor to train the onsite engineers.
- The buyer will pay a continuing royalty based on the net selling price of the products.
- The Agreement contains confidentiality and secrecy provisions to protect the supplier’s intellectual property rights.
- The Agreement contains two separate governing law and dispute resolution clauses, depending on whether or not Chinese laws will govern the Agreement.
- This contract is intended to be used in conjunction with a Product Supply Agreement between the parties.
Download: China Technical Collaboration Agreement
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