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Project Funding Agreement
"I need a Project Funding Agreement for a $2.5M technology research initiative between Auckland University and a private sector investor, with specific provisions for intellectual property sharing and international data transfer, to be implemented by March 2025."
1. Parties: Identifies and provides full details of all parties to the agreement
2. Background: Sets out the context and purpose of the funding agreement
3. Definitions and Interpretation: Defines key terms and establishes interpretation principles
4. Purpose of Funding: Clearly states the specific purpose for which the funding is being provided
5. Amount and Payment Terms: Details the funding amount, payment schedule, and conditions for payment
6. Project Deliverables: Specifies the required outputs, outcomes, and timeline for the project
7. Obligations of the Recipient: Sets out the responsibilities and commitments of the funding recipient
8. Reporting Requirements: Details the financial and progress reporting obligations
9. Records and Auditing: Specifies record-keeping requirements and rights of audit
10. Intellectual Property: Addresses ownership and rights regarding project-related IP
11. Confidentiality: Establishes confidentiality obligations for both parties
12. Term and Termination: Specifies agreement duration and termination provisions
13. Dispute Resolution: Outlines the process for resolving disputes
14. General Provisions: Includes standard boilerplate clauses
15. Execution: Formal signing section with execution blocks for all parties
1. GST and Taxation: Required when funding has specific tax implications or GST requirements
2. Project Governance: Used for larger projects requiring steering committees or governance structures
3. Third Party Contractors: Needed when the project involves subcontractors or third-party service providers
4. International Transfers: Required when funding involves international money transfers
5. Research and Publication: Included for research-based projects with publication requirements
6. Insurance Requirements: Used when specific insurance coverage is required for the project
7. Security Arrangements: Needed when security or collateral is required for the funding
8. Environmental Compliance: Required for projects with environmental impacts or obligations
9. Social Impact Measures: Used when funding includes social impact or community benefit requirements
1. Schedule 1: Project Plan: Detailed project timeline, milestones, and implementation plan
2. Schedule 2: Budget: Detailed budget breakdown and cost categories
3. Schedule 3: Payment Schedule: Specific payment dates, amounts, and associated milestones
4. Schedule 4: Reporting Templates: Standard templates for required project and financial reports
5. Schedule 5: Key Personnel: Details of key team members and their roles
6. Schedule 6: Due Diligence Information: Required documentation and compliance information
7. Appendix A: Technical Specifications: Detailed technical requirements or specifications for the project
8. Appendix B: Compliance Requirements: Specific regulatory or compliance requirements
9. Appendix C: Communication Protocol: Procedures for project-related communications and reporting
Authors
Research and Development
Technology
Infrastructure
Education
Healthcare
Environmental Conservation
Social Services
Cultural and Arts
Manufacturing
Agriculture
Renewable Energy
Scientific Research
Community Development
Innovation and Technology
Construction
Legal
Finance
Project Management
Compliance
Risk Management
Operations
Treasury
Investment
Grants Administration
Business Development
Corporate Affairs
Strategic Planning
Chief Financial Officer
Finance Director
Project Manager
Legal Counsel
Grants Manager
Contract Administrator
Financial Controller
Program Director
Compliance Officer
Investment Manager
Risk Manager
Executive Director
Development Manager
Treasury Manager
Operations Director
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