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A product development and license agreement is a contract between two companies who wish to combine their knowledge to develop a new product. The contract states what each company is expected to contribute to the development of the product.
Development agreements are contracts negotiated between project proponents and public agencies that govern the land uses that may be allowed in a particular project.
A joint development agreement (JDA) sets the terms for two or more parties working together to develop a particular product or technology. The JDA is typically negotiated before or during the working relationship. Intellectual property is often a key issue in a JDA, so the agreement should clearly state who owns what.
Master-planned development means a property development, approved by a local zoning authority, that consists of a single lot or parcel, or a combination of abutting lots or parcels, with common access, parking, amenities, landscaped areas, and signage.
What does Master development agreement mean? An agreement entered into by an operator and a franchisor where the operator must operate franchise outlets itself within a designated area and may not sub-franchise to third parties.
These agreements include site plan and subdivision agreements, bonusing (section 37) agreements, front-ending agreements, easement agreements, and conditional building permit agreements, and relate to the provision of municipal services and infrastructure, amongst other things.
Master Development Agreement means an agreement between the master developer and the political subdivision to govern a STAR bond district and any STAR bond projects.