Startup Funding Espresso – Key Legal Documents Used in Commercialization

Key Legal Documents Used in Commercialization

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

There are several legal documents used in the commercialization process

Here’s a list of key documents to know:

Non-disclosure agreement -- referred to as an NDA, this document requires the signatories to confidentiality with regards to information about the project.

Material transfer agreement -- refers to physical materials such as biologics and chemicals that ensure transfer of possession but not legal title. 

Licensing agreement -- defines the terms and conditions of the use of technology by the licensee.

This also includes the financial terms and licensor’s obligations.

Contract research agreement -- this defines the research work to be done and the terms and conditions of the work.

Collaborative research agreement - this defines the work to be done by both parties in a joint project.

Participation agreement -- this defines the role and responsibilities of a researcher working in a project.

Consultation agreement -- this defines the consulting work to be done along with the rules and requirements.

Consider these documents in your commercialization process.

 

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