Cooperation Agreement Template South Africa

Prior to receiving such agreement under this Agreement, it was developed independently by the party obtaining it or was legally known to the party obtaining it or has been lawfully obtained by other sources, including the party or the customer, provided that such other source did not obtain it due to a breach of this Cooperation Agreement or any other agreement between the parties. This Agreement contains the entire agreement and agreement between the Parties for a team agreement for the Proposal and supersedes all prior agreements, obligations, understandings or communications, whether oral or written, concerning the subject matter of this Agreement. This agreement may only be modified or supplemented by a written act, performed by both Prime and subcontractor. Neither party may assign all or part of this Agreement without the prior written consent of the other party. Any legal action to enforce this agreement shall be brought in the State [the State]. The period of twelve months from the date of entry into force of this Agreement, provided however that the Agreement is automatically renewed if, within twelve months from the date of entry into force of this Agreement, the Customer has not taken a decision or official announcement of the award of the main contract or the award of contracts for the works identified in the Offer as responsible for Prime and subcontractor. This extension extends over a period of 30 days from a decision or official announcement by the customer or until its end by written agreement of the parties. Indicate when the partnership will begin and how long it will last, for example until it is terminated in accordance with the terms of the agreement. This agreement contains, for example, a number of easy-to-deal paragraphs, which cover in detail the protection of intellectual property.

Most companies own valuable intellectual property, whether it is know-how or design, but few partnership agreements deal with intellectual property, which is recognized as who brings it to a partnership or who has the right to use it during and after the end of the partnership. Except as otherwise provided in Article V of this Agreement and unless this Agreement is extended by mutual written agreement between the Parties, this Agreement shall automatically terminate with one of the following events, whichever occurs first: the Subcontractor shall not have the right to make a press release or any other written or oral public announcement regarding the Project; the customer, offer or agreement, including the Prime contract or the subcontract, unless prime and the customer are expressly authorized in writing. Nothing in this Agreement shall be deemed to authorize either Party to make a press release or other public written or oral announcement regarding any other agreement between the Parties, except as expressly authorized by the other Party. . . .