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The Strategic Technology Partnership Agreement is a specialized contract used when two or more organizations wish to establish a formal, long-term collaboration in the technology sector under Indian jurisdiction. This agreement is particularly relevant when parties intend to combine their technological capabilities, intellectual property, or resources for strategic advantages. It addresses critical aspects such as technology sharing, joint development, commercialization rights, and operational protocols while ensuring compliance with Indian legal requirements including the Information Technology Act, 2000 and related regulations. The document is essential for technology-focused partnerships where parties need a robust framework for managing complex technical collaboration, protecting intellectual property, handling sensitive data, and defining governance structures.

1. Parties: Identification of the contracting parties with full legal names, addresses, and company registration details

2. Background: Context of the partnership, including each party's expertise, business objectives, and high-level partnership goals

3. Definitions: Detailed definitions of technical terms, business concepts, and other key terms used throughout the agreement

4. Scope of Partnership: Detailed description of the technology collaboration, including specific areas of cooperation and excluded activities

5. Technology Contribution: Specific technology assets, knowledge, and resources each party will contribute to the partnership

6. Implementation and Governance: Partnership management structure, steering committee details, decision-making processes, and operational procedures

7. Intellectual Property Rights: Ownership, licensing, and usage rights for existing and newly developed IP, including technology improvements

8. Data Protection and Security: Obligations regarding data handling, security measures, and compliance with Indian data protection requirements

9. Commercial Terms: Financial arrangements, revenue sharing, investment commitments, and payment terms

10. Confidentiality: Protection of confidential information, including technical data, trade secrets, and business information

11. Term and Termination: Duration of the partnership, renewal provisions, and circumstances for termination

12. Representations and Warranties: Party assurances regarding authority, technology ownership, and compliance with laws

13. Liability and Indemnification: Risk allocation, limitation of liability, and indemnification obligations

14. Force Majeure: Provisions for handling events beyond parties' control affecting partnership performance

15. Dispute Resolution: Process for resolving disputes, including jurisdiction, governing law, and arbitration procedures

16. General Provisions: Standard boilerplate clauses including notices, assignment, and amendment procedures