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PLAYBOOK TEMPLATES
Strategic Alliance Agreement
A Strategic Alliance Agreement documents cooperative arrangements between entities for mutual benefit. This playbook highlights IP ownership, performance metrics, and termination strategies.
Confidentiality and IP Rights
Negotiation strategy
Ensure that confidentiality obligations are comprehensive and enforceable. Negotiate for clear IP ownership terms that reflect the intended distribution of rights and responsibilities.
Seek to include carve-outs for residual knowledge to allow for operational flexibility. Ensure that licensing terms are favorable and align with business objectives.
Essential elements
1
Confidentiality Obligations
Strict confidentiality maintenance required.
2
Intellectual Property Ownership
Defines ownership of developed IP.
3
Residual Knowledge
Usage of non-tangible residuals.
Action framework
ACCEPT
Propose edits when confidentiality terms are vague or IP assignments are unclear.
EDIT
Reject clauses that fail to protect proprietary information adequately.
ADD
Add clauses when confidentiality or IP rights are not addressed.
PRO TIP
Always ensure that IP ownership and confidentiality clauses are tailored to the specific transaction to avoid future disputes.
Real-world examples
FAVORABLE
Comprehensive Confidentiality Clause
"Each Party agrees to maintain in strict confidence all Confidential Information received from the other Party and to use such Confidential Information solely for the purposes of this Agreement."
NEUTRAL
Standard IP Ownership
"All intellectual property rights in any materials or inventions developed by a Party prior to the execution of this Agreement shall remain the sole property of that Party."
UNFAVORABLE
Broad Licensing Rights
"Each Party grants to the other Party a non-exclusive, royalty-free license to use its pre-existing intellectual property solely for the purposes of fulfilling the obligations under this Agreement."
Alternative scenarios & positions
Joint Ventures
In joint ventures, ensure that IP developed jointly is clearly defined and ownership is equitable to prevent future disputes.
High-Risk Projects
For high-risk projects, enhance confidentiality terms to protect sensitive data and mitigate potential risks.
Cross-Border Transactions
In cross-border transactions, consider jurisdictional differences in IP laws and confidentiality obligations.
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