Ancillary Agreements

The process of technology transfer or pooling in joint ventures involves the transfer or licensing of intellectual property rights, often necessitating careful consideration of terms, royalties, exclusivity, and duration. This may include the provision of technical assistance and adherence to confidentiality agreements. Transfer of employees, especially key personnel, requires compliance with labour laws and may involve secondment agreements, while pension and share schemes may need to be adjusted or established. Additional agreements, such as supply contracts or property agreements, may accompany the joint venture, with conflicts of interest often requiring consent from both parties to ensure equitable arrangements.

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