Prepare a Joint Product Development Agreement with this easy-to-use template between a client and a developer to jointly develop prototype products for manufacture and distribution.
The client will supply the necessary equipment. Other provisions of the Agreement include:
- testing and acceptance procedures;
- marketing arrangements;
- the developer owns the background technology;
- products, documentation, inventions and developments under the agreement belong jointly to both parties;
- indemnification of the client by the developer;
- confidentiality and nondisclosure provisions.
This
Joint Product Development Agreement is provided in MS Word format, and is fully editable to fit your specific circumstances.