Collaboration Agreement Style 106

The Parties shall equally share any financial burden, obligation, or direct costs associated with this collaboration agreement. Should outside funding or credit be required to support the achievement of the above listed objectives, the Parties agree to procure such credit jointly, and share in the responsibility to repay such debt. Collaboration agreements document the terms and conditions of a project between two or more companies. Each company may be contributing intellectual property, resources, or research, product development or marketing expertise to the project. Common terms may cover project funding, treatment of confidential information, and termination of the agreement. Collaboration agreements document the terms and conditions of a project between two or more companies. Each company may be contributing intellectual property, resources, or research, product development or marketing expertise to the project.

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