Technology Development (Commission) Contract
EntrustingParty(PartyA):
Location: _________________________________________________
Legal Representative:_______________________________________
Project Contact Person: ____________________________________ _
Contact Information:
Address: _________________________________________________
Tel: __________________________ Fax: _______________________
Email: ____________________________________________ _____
Entrusted Party (Party B):
Location: ______________________________________________
Legal Representative: ______________________________________
Project Contact Person: _______________________________ _____
Contact Information: _________________________ ________ __
Address: _____________________________________ _______
Tel: ________________________ Fax: _________________ _____
Email: ____________________________________________ _____
In the Contract, Party A entrust Party B to research and develop _____________________ Project. The R&D fund and remuneration shall be born by Party A. Party B accepts the entrustment and hereby conducts the R&D work. In accordance with the Contract Law of the People’s Republic of China, and on the principle of reality and mutual agreement through negotiations on the basis of equality, the following articles are reached and abided by the two parties:
Article 1 The requirements of the R&D project in the Contract
1. Technical Objective:
_______________________________________________________________________________ _______________________________________
___________________________________________________________
2. Technical Content:
_______________________________________________________________________________ _______________________________________________________________________________ ___________________
3. Technical Method and Strategy:
_______________________________________________________________________________ _______________________________________________________________________________ ___________________
Article 2 Party B shall submit the R&D plan to Party A within___ days after this Contract comes into effect. The plan should include the following content:
1.______________________________________________________
2.______________________________________________________
3.______________________________________________________
4.______________________________________________________
Article 3 Party B shall accomplish the R&D work according to the following schedule:
1._____________________________________________________
2.______________________________________________________
3.______________________________________________________
4.
Article 4 Party A shall provide the following technical data and cooperation to Party B:
1. Technical Data List:
______________________________________________________
______________________________________________________
______________________________________________________
2. Delivery Date and Manner:
____________________________________________________
______________________________________________________
______________________________________________________
3. Other cooperation matters:
_____________________________________________________
______________________________________________________
______________________________________________________
After the performance of the Contract, the above technical data shall be handled by the following ways:
___________________________________________________________
___________________________________________________________
Article 5 Party A shall pay the R&D fund and remuneration according to the following terms:
1. The total amount of the R&D fund and remuneration is _____
Including: (1) __________________________________________;
(2) __________________________________________;
(3) __________________________________________;
(4) __________________________________________。
The payment shall be made by Party A to Party B based on_________ (one-time calculation, installment payment or royalty payment). The detailed payment mode and date are as following:
(1) _______________________________________________
(2) _______________________________________________
(3) _______________________________________________
(4) _______________________________________________
3. The information of Party B’s Bank Name, Bank Address and account number is as following: Bank Name: ________________________________________
Bank Address: ________________________________________
Account Name: ________________________________________