# Consortium Agreement
**This Consortium Agreement** (the "Agreement") is made and entered into as of [Insert Date] by and between the following parties:
1. **[Party A Name]**
Address: [Address]
City, State, Zip: [City, State, Zip]
Email: [Email]
(hereinafter referred to as "Party A")
2. **[Party B Name]**
Address: [Address]
City, State, Zip: [City, State, Zip]
Email: [Email]
(hereinafter referred to as "Party B")
3. **[Party C Name]**
Address: [Address]
City, State, Zip: [City, State, Zip]
Email: [Email]
(hereinafter referred to as "Party C")
(collectively referred to as the "Parties" or individually as a "Party")
---
## 1. Purpose
The purpose of this Agreement is to establish a consortium for the development and implementation of [Project Name] (the "Project") to achieve [Project Objectives/Purpose].
---
## 2. Roles and Responsibilities
### 2.1 Party A's Responsibilities
- [Detail responsibilities and tasks for Party A]
- [Include any deadlines or specific deliverables]
### 2.2 Party B's Responsibilities
- [Detail responsibilities and tasks for Party B]
- [Include any deadlines or specific deliverables]
### 2.3 Party C's Responsibilities
- [Detail responsibilities and tasks for Party C]
- [Include any deadlines or specific deliverables]
---
## 3. Contributions
Each Party agrees to contribute the following to the Project:
- **Party A**: [Describe contributions, such as funding or resources]
- **Party B**: [Describe contributions, such as expertise or manpower]
- **Party C**: [Describe contributions, such as technology or data]
---
## 4. Management Structure
The Parties agree to establish a management structure comprised of [number] representatives from each Party. This structure will be responsible for:
- Overseeing progress towards Project objectives
- Making decisions regarding the Project's direction
- Resolving disputes or disagreements among the Parties
---
## 5. Intellectual Property
- Any intellectual property created or developed as a result of this Agreement shall be jointly owned by the Parties unless otherwise agreed in writing.
- Each Party shall respect the existing intellectual property rights of the others.
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## 6. Confidentiality
- The Parties agree that any confidential information shared between them during the term of this Agreement shall remain confidential and not be disclosed to any third party without prior written consent from the disclosing Party.
---
## 7. Duration
This Agreement shall commence on the date first above written and shall remain in effect until [insert end date] or until terminated by any Party with [number] days' written notice to the other Parties.
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## 8. Termination
A Party may terminate this Agreement if:
- Any other Party is in material breach of this Agreement and fails to remedy such breach within [number] days of receiving written notice.
- Any Party becomes insolvent or declares bankruptcy.
---
## 9. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [State/Country].
---
## 10. Amendments
This Agreement may only be amended or modified in writing, signed by all Parties.
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## 11. Miscellaneous
- **Severability**: If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
- **Entire Agreement**: This Agreement constitutes the entire agreement among the Parties and supersedes any prior understandings or agreements.
---
**IN WITNESS WHEREOF**, the Parties hereto have executed this Consortium Agreement as of the date first above written.
**Party A:**
Signature: ____________________
Name: [Name]
Title: [Title]
Date: ________________________
**Party B:**
Signature: ____________________
Name: [Name]
Title: [Title]
Date: ________________________
**Party C:**
Signature: ____________________
Name: [Name]
Title: [Title]
Date: ________________________
---
**Note:** This template is a general guideline for a consortium agreement and may need to be modified to meet specific legal requirements or project needs. It is advisable to consult legal counsel before finalizing any legal agreement.