COLLABORATION AGREEMENT (CREATIVE PROJECT)
THIS AGREEMENT is made on [Date],
BETWEEN:
[Party A Name], of [Party A Address] ("Party A"),
AND
[Party B Name], of [Party B Address] ("Party B").
(Each a "Party" and together, the "Parties")
BACKGROUND
WHEREAS, the Parties wish to collaborate on [Description of Creative Project] (the "Project");
AND WHEREAS, the Parties desire to set out the terms and conditions of their collaboration in this Agreement.
NOW, THEREFORE, in consideration of the mutual promises and covenants herein, the Parties agree as follows:
1. DEFINITIONS
1.1 "Project" means the creative project described as [Description of Creative Project], including all related deliverables and activities.
1.2 "Contribution" means any work, materials, or services provided by either Party for the Project.
2. PURPOSE AND SCOPE
2.1 The Parties agree to collaborate on the Project as described in [Detailed Project Description or Attachment].
2.2 Each Party will contribute their respective skills, resources, and efforts as set out in this Agreement.
3. ROLES AND RESPONSIBILITIES
3.1 Party A’s Responsibilities:
- [List Party A's responsibilities and contributions]
3.2 Party B’s Responsibilities:
- [List Party B's responsibilities and contributions]
3.3 The Parties may agree to amend roles and responsibilities in writing.
4. OWNERSHIP AND INTELLECTUAL PROPERTY
4.1 Unless otherwise agreed in writing, all intellectual property created jointly in the course of the Project ("Joint IP") shall be owned jointly by the Parties in equal shares.
4.2 Each Party retains ownership of any pre-existing intellectual property contributed to the Project.
4.3 Any use, licensing, or assignment of Joint IP shall require the written consent of both Parties.
5. COMPENSATION AND EXPENSES
5.1 The Parties agree to the following compensation arrangement: [Describe compensation, revenue sharing, or state "No monetary compensation"].
5.2 Any expenses incurred in connection with the Project shall be handled as follows: [Describe expense sharing or reimbursement terms].
6. TERM AND TERMINATION
6.1 This Agreement commences on [Effective Date] and will continue until [Completion Date or Event], unless terminated earlier in accordance with this Section.
6.2 Either Party may terminate this Agreement with [Notice Period Days] days’ written notice to the other Party.
6.3 Upon termination, the Parties shall:
- Complete all outstanding obligations up to the termination date;
- Agree on the use or division of any work completed to date.
7. CONFIDENTIALITY
7.1 Each Party agrees to keep confidential any non-public information received from the other Party in connection with the Project.
7.2 This obligation continues for [Number of Years] years after the termination of this Agreement.
8. REPRESENTATIONS AND WARRANTIES
8.1 Each Party represents that:
- It has the right and authority to enter into this Agreement;
- Its contributions will not infringe any third-party rights.
9. INDEMNITY AND LIABILITY
9.1 Each Party agrees to indemnify the other against any claims arising from its own breach of this Agreement or infringement of third-party rights.
9.2 Neither Party shall be liable to the other for any indirect, incidental, or consequential damages.
10. DISPUTE RESOLUTION
10.1 The Parties will first attempt to resolve any dispute relating to this Agreement through good faith negotiations.
10.2 If a dispute cannot be resolved within [Number of Days] days, the Parties may seek mediation or other alternative dispute resolution before pursuing legal action.
11. GENERAL PROVISIONS
11.1 Governing Law: This Agreement is governed by the laws of [Governing Law State/Country].
11.2 Entire Agreement: This Agreement constitutes the entire understanding between the Parties regarding the Project.
11.3 Amendments: Any amendments to this Agreement must be in writing and signed by both Parties.
11.4 Notices: All notices under this Agreement must be in writing and sent to the addresses listed above (or as updated in writing).
11.5 Assignment: Neither Party may assign its rights or obligations under this Agreement without the prior written consent of the other Party.
12. DISCLAIMER
This document is a template and may not be suitable for all situations. The Parties should consult with legal counsel before signing this Agreement.
SIGNATURES
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first written above.
[Party A Name]
Signature: ___________________________
Name: [Print Name]
Date: _______________________________
[Party B Name]
Signature: ___________________________
Name: [Print Name]
Date: _______________________________
