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Technical Service Agreement

Technical Service agreement encapsulates secret, scientific knowledge,technical knowledge or of some other nature, of a practical utility character, resulting in competitive advantages to a company or a professional using it. To emphasize, the object of the know-how agreement is not to be confused with objects or patentable processes, which may be object of an agreement of a distinct nature, such as a patent license agreement. The know-how agreement encapsulate a wider range of knowledge, which are incorporated into the secret fields, such as- technologies, which do not concern patent object.This happens because they do not fulfil the relevant requisites or because the Patentee understands that they should not be patentable inter alia.

Through the know-how agreement, the above referred-to “knowledge” may be transferred to another individual or company or any entitywho will use the knowledge thereof.  The advantage of a know-how agreement is the possibility of the contracting party, which is receiving this a group of knowledge, having a market differential before its competitors, upon having access to the information which will afford it a competitive advantage. Technical Service agreement encapsulates secret, scientific knowledge,technical knowledge or of some other nature, of a practical utility character, resulting in competitive advantages to a company or a professional using it.

To emphasize, the object of the know-how agreement is not to be confused with objects or patentable processes, which may be object of an agreement of a distinct nature, such as a patent license agreement. Another concept, which is a branch of know-how is Show-how. It is a diluted form of know-how since even a walk-through of a manufacturing plant reveals valuable secrets to the client's representatives into how a product is made, processed or assembled. Show-how is also used to demonstrate how a process works. Andetailed program of show-how is the typical content of technical assistance agreements where the licensor firm, if one is involved, provides a substantial training program to the client's personnel on-site and off-site. Such training does not imply any grant of "license.

Documents Required


Passport Photo

Passport photo of all parties.


PAN Card

PAN card of all parties.


Aadhar Card

Aadhar card of all parties.


Utility Bill

Utility bill of Electricity or Telephone.


Address Proof

Valid Address Proof of all the parties.


Licence

Valid Driving Licence of all the parties.


Terms and Conditions

Terms and Conditions between the parties.


Other Documents

Other documents will be intimated through e-mail.

FAQ

Technical Service Agreement means the agreement between the Licensor and the Joint Venture Company for the provision of technical services dated on or about the date of this Agreement.

Know-how, in short, is "private intellectual property" which can be said to be a form of precursor to other intellectual property rights.When transferred a know-how should be converted into a trade secret before transfer in a legal agreement.

The service agreement is designed to protect both the parties to the agreement from misunderstandings or disagreements by clearly stating how much supports will be provided, and the manner in which they will be provided and what costs and fees you'll need to pay.

Know-how means any form of technical information or assistance relating to the manufacture or placing into operation of the said products. It also means any practical knowledge, techniques, and skill that are required to achieve some practical end.

Knowledge of how to do something smoothly and efficiently with expertise.

It depends on the patented invention. If the know-how will enable the licensee to more fully and/or effectively use, exploit, or manufacture the patented invention. The protection of know-how differs from other licensable rights such as patents and trademarks.