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Subject matter |
Research and development on a product based on genetic resources.
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Summary of use(s) |
Collaboration for evaluation of business opportunities of the product based on genetic resources.
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Purpose or background |
A letter of intent for collaborative research, development and business opportunity evaluation of a the product based on genetic resources.
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Contact details |
Dr. Riemer
Fortbildung und Seminare
D-79540 Lörrach
Germany
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LETTER OF INTENT
BETWEEN
A
and
B
(each a "Party" and collectively the "Parties")
- Purpose
A carries out research and development on XXX (the “Product”). B is interested in evaluating business opportunities of this Product.
- Duration
- This Letter of Intent shall become effective on signature by both Parties and shall remain valid until […].
- This Letter of Intent shall terminate as soon as a development agreement is signed or automatically by […].
- Confidentiality
The Parties have already signed a confidentiality agreement in […]. According to this confidentiality agreement either party shall keep confidential information in strict confidence.
- Amendment or Termination
This Letter of Intent can only be amended with the express written consent of both Parties.
- Jurisdiction
- For matters not expressly provided herein, this Agreement shall be subject to the provisions of the […] regulations.
- The Parties agree to negotiate in good faith any dispute concerning a question of fact arising under this Agreement. In the event of any conflict, the parties agree to refer to the Courts […], waiving their own jurisdiction.
xxxx
A
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B
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