Technology Development (Commission) ContractEntrustingParty(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 Contract1. 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: ________________________________________4. With the two parties’ confirmation, Party A shall pay the R&D fund and remuneration to PartyB by means of the profit sharing which is generated from the R&D achievements. Party B has the right to check Party A’s relevant accounts in the manner of _____ ____.Article 6 The R&D fund shall be used by Party B in the form of __________. Party A has the right to inspect Party B’s R&D work and the utilization of R&D fund by the means of _________, but Party A should avoid disturbing the normal work of Party B.Article 7 Any changes occurred in the Contract shall be confirmed in a written form through the negotiation of the two parties. Under the following circumstances, one party may submit the request for modification of the rights and obligations stipulated in the Contract, and the other party shall make a reply within ___days. If it fails to reply within the time limit, the request shall be regarded as being accepted.1._______________________________________________;2._______________________________________________;3._______________________________________________;4._______________________________________________。