Free Confidential Research and Development Agreement

Confidential Research and Development Agreements are used by a contractor who performs research on behalf of a particular company. This agreement includes the data which will be provided to researcher, how much he or she will be paid and who owns the intellectual property rights.

Disclaimer:This was not drafted by an attorney & should not be used as a legal document.




C O N F I D E N T I A L
RESEARCH & DEVELOPMENT AGREEMENT
 This Research & Development Agreement ("Agreement"), effective as of _________ is made and entered into by and between ________________ (“Company 1”) and (“Company 2”)
 RECITALS
WHEREAS, Company 1 and Company 2 are entering intothis Research & Development Agreement("Agreement"), effect on this ____ day of 20 ___  ("Effective Date").for the purposes of__________________________________________________________________________.

NOW THEREFORE in consideration of the foregoing and the covenants and promises

contained herein, the Parties agree as follows:

1. Obligations of Company 1.

________________________________________________________________________

2. Obligations of Company 2.

________________________________________________________________________

3. Exchange of Information. The Parties hereto agree that the success of themutual collaboration is dependent in part on mutual trust and on a regularexchange of information between both Parties.

4.Committee Formation. Upon execution of this Agreement by both Parties, the Development Committee shall be formed and shall consists _______________________ ______________________________________________________________________________

5. Development Proposal. ________________________________________________________

_____________________________________________________________________________

_____________________________________________________________________________

6. Products. ___________________________________________________________________

_____________________________________________________________________________

_____________________________________________________________________________

7. Term and Termination. This Agreement shall commence on the Effective Dateand shall continue thereafter for ____ years from the Effective Date

IN WITNESS WHEREOF the Parties hereto have signed this Agreement:

___________________________                  ______________________________

Company 1/Date                                             Company 2/Date




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