All intellectual property rights established or developed by a Party in the context of a project governed by a cooperation agreement are the property of that Party. During the duration of the project in question under the cooperation agreement, each Party shall grant the other a licence to exploit the intellectual property rights. The aim is to enable them to fulfil their respective obligations with regard to the project. The “focus” of cooperation is the general objective of cooperation. This is not the same as the real project on which the parties are collaborating. For example, the overall goal of collaboration may be to combine the know-how of software development and design. While the project itself could be the development of a particular software. Use a cooperation agreement if you and another party want to work together on a business project on a collaborative or cooperative basis. Be sure to clarify all aspects of cooperation in a formal cooperation agreement, including confidentiality, ownership, turnover, and termination. Contributions shall cover the actual resources that the Parties will contribute to the cooperation.

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