Consortium Agreement Service

By: sh

Continued regulation of IP-related issues is not mandatory, but is highly recommended for consortium partners. The following IP issues may be taken into account in the consortium agreement: any participant may, subject to the client`s agreement (if necessary) and the agreement of the participants, invite sub-advisors to fulfil one of the obligations of that participant, provided that, under these conditions, the control and responsibility for the performance of these obligations are entrusted at any time to the participant concerned. The participation of sub-advisors by the joint venture is subject to the provisions of Clause 7. (ii) Background selection – a list of basic information to be included in the project (and/or excluding assets that are not brought to the project); (i) confidentiality – mechanisms for identifying information as confidential, use of confidential information, penalties for breaches of confidentiality rules, etc.; It should be noted that there is no binding model of consortium agreement. The European Commission has provided only a checklist containing non-binding guidelines on issues that participants can consider when drawing up their consortium agreements. Each participant assigns a sufficient number of his or her staff to the project to ensure that the provisions of this agreement are respected and that the services are carried out in accordance with the service agreement. Unless participants agree otherwise, the joint venture does not have its own staff. Each participant is responsible for all the actions of his staff and remains fully responsible for his own responsibilities as an employer of his staff. Notwithstanding the provisions of this clause, any participant may allow any person, company or company through which he exercises control of management to perform any of the obligations for which he is responsible under this Agreement, provided that, in these circumstances, the control and responsibility of these obligations are at any time left to the member.

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