Material Transfer Agreement: Testing of Material by Third Parties
In the course of the development cycle of your product you might get to the point where you would like to share samples of your products or precursors for testing by research institutes, partners, or customers. A material transfer agreement ensures that your R&D results are kept confidential and only used for the agreed purpose.
Our unique approach
When sharing (early-stage) initial products with third parties a clear definition of what that that third party is allowed to use it for is crucial to protect the value of your business.
Here's how we can support:
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Purpose of Transfer: We help to clearly specify what purpose the transfer is for and which uses shall not be authorized
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IP Ownership: We protect your IP and reflect the understanding of the parties as to ownership of potential new discoveries during testing phase and prohibit revers engineering
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Testing and Reporting Obligations: We define what kind of reports the recipient has to provide
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Liability: We limit your liability for the material's performance or safety
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Compliance with Laws: We ensure compliance with laws and regulations applying to transferring and handling the material
With our expertise we can make material sharing a legally safe space, protecting the value and enabling the commercialization of your IP assets.
What we deliver
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Clear scope of the transfer, use, and restrictions of the material
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Clear ownership of your IP and any potential test results
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Prohibition of reverse engineering
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Definition of third-party testing and reporting obligations
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Limitation of liability for material performance and safety
The Team
Founding Partner (Legal) & CEO
Senior Associate (Legal)
Associate (Legal)
Associate (Legal)
Want to learn how Alfred can unlock your business potential?
Book a complimentary intro call with us. We’d love to discuss your needs and how we can assist you.
Flexible Packages
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The Alfred Advantage
Made by Founders
Alfred is run by successful startup founders. That’s how we are uniquely equipped to see eye-to-eye with entrepreneurs. We know the problems and we find the solutions with you.
Legal & Business
Our long experience in the startup world has shown us: A symbiosis of legal and business knowledge delivered from a single source brings startups more effective and pragmatic solutions.
Always Actionable
We know you have no time to theorize. You need actionable solutions now. We do research, so you don’t have to and quickly point you toward impactful adjustments.
But don’t take our word for it.
Clients rely on Alfred for their intellectual property strategy.
“Thanks to their expert guidance and personalized approach, we navigated the complexities of starting our Zurich based business with ease. Their comprehensive legal support gave us confidence every step of the way.”
Sarah L.
Tech Startup Founder
“Thanks to their expert guidance and personalized approach, we navigated the complexities of starting our Zurich based business with ease. Their comprehensive legal support gave us confidence every step of the way.”
Sarah L.
Tech Startup Founder
FAQs
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