Checklist Of Expectations

  • May 2020
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Checklist of expectations Sr.No 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

Questions:Yes Is the Reason(s) why both entities are linked, clearly identified/ defined and is clear to both entities? Do both entities follow the same privacy statement and ensure the IPR is safeguard? Are the terms and conditions on all the deliverables/ products provided/produced clear to both entities and agreed upon? Is disclosure done regarding limitations of both the entities and agreed upon prior to agreement (if any)? Has both the entities identified a point of contact? Any decision which may directly or indirectly affect any or both the entities have been taken only after the consent from both the entities? Any changes made in existing agreement/ policy which may directly or indirectly affect any or both the entities have been taken only after the consent from both the parties? Have both the entities maintained transparency in information flow? Have both the entities co-operated with each other in terms of providing resources (Technology, Human, etc.) Have both the entities co-operated with each other in maintaining law of land? Is financial support expected between the entities? If financial is expected, is there an approved document which describes the detail and extent of financial support? Is Legal support expected between the entities? If Legal is expected, is there an approved document which describes the detail and extent of Legal support? Is the Joint pay off (profits/ benefits/loss) agreed between both the parties? Are both the entities aware of any 3rd party terms and conditions? (If 3rd party is involved in any aspect ) Is validity of time period for both parties to work together decided? In case, both parties would like to continue work with each other, Is validity of time period for the same renewed?

No

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