Partnership Intermediary Agreement Example: A Guide to Understanding Partnerships
Partnerships are essential elements in the business world that allow companies to collaborate and create successful ventures. In the federal government, partnership intermediaries help to facilitate these collaborations. They are entities that assist in establishing and developing partnerships between federal laboratories and industry. These intermediaries help companies and organizations to access technology, expertise, and facilities from federal laboratories that can be beneficial to their businesses.
The Partnership Intermediary Agreement (PIA) is a necessary document that outlines the terms of a partnership between a federal laboratory and its partners. The PIA sets out the obligations of each party and how they will work together to achieve their common goals. It also outlines the roles and responsibilities of the intermediary, who will act as a liaison between the federal laboratory and the industry partner.
In this article, we will provide an example of a Partnership Intermediary Agreement that can be used as a guide to help companies and federal laboratories establish successful partnerships.
Partnership Intermediary Agreement Example
This Partnership Intermediary Agreement (PIA) is entered into by and between [Federal Laboratory Name], and [Industry Partner Name] to accomplish the purpose of establishing a mutually-beneficial partnership.
The purpose of this partnership is to collaborate on the following specific project:
[Describe the project and its objectives]
1. Duration: This agreement will be effective on the date of execution by both parties and will continue for [insert duration] years.
2. Intellectual Property Rights: All intellectual property rights will be owned by the federal laboratory, and any rights of use will be granted to the industry partner based on the terms agreed upon in the PIA.
3. Cost-Sharing: This partnership will be based on a cost-sharing arrangement per the terms of the PIA. The cost-sharing will be based on a fair and reasonable allocation of expenses incurred in carrying out the project.
4. Confidentiality and Disclosure: All information that is confidential or proprietary will be kept confidential and will not be disclosed to any third party without written permission from the other party.
5. Termination: This agreement may be terminated at any time by either party with 30 days` written notice.
1. Provide all necessary technical information, data, and expertise required for the project.
2. Provide the use of its facilities and equipment required for the project.
3. Provide its employees to participate in the project as necessary.
1. Provide the necessary funding for the project based on the cost-sharing arrangement.
2. Provide the personnel and expertise required to carry out the project.
3. Abide by all laws and regulations during the partnership activities.
1. Act as a liaison between the federal laboratory and the industry partner.
2. Provide assistance in identifying potential projects and funding opportunities.
3. Provide guidance in the development of proposals and agreements.
The Partnership Intermediary Agreement is a necessary document that establishes and formalizes a partnership between a federal laboratory and its industry partners. This document outlines the terms and conditions of the partnership, the roles and responsibilities of each party, and the objective of the partnership. With this Partnership Intermediary Agreement example guide, companies, and federal laboratories can create a successful partnership that can benefit both parties. By working together, they can utilize their respective skills, expertise, and resources to achieve their common goals.