Foreword

International as well as national co-operation between companies, be they small and medium-sized or large, in complex transactions require solid and balanced terms and conditions for such cooperation and it is vital that the arrangements put in place be durable, clear and equitable thereby enhancing business in general. ICC has prepared this Model Agreement for use in co-operation between said companies, in order to provide them with a unique, balanced platform that is fair to all parties to it.

At the same time, the model accommodates the desire of all parties for a solid decision-making process, a clear allocation of participation and provision of resources, the need for swift and effective dispute resolution, and the need for complete and informed allocation of risks.

This model contract, one of a successful series produced by the ICC Commission on Commercial Law and Practice under the Co-chairmanship of Fabio Bortolotti (Italy) and Ercüment Erdem (Turkey), has benefited from the active participation of the following members of the Major Project Group, co-chaired by Eric Eggink (Netherlands) and Isabelle Smith Monnerville (France): Ben Beaumont (UK), Erick Castellanos (Colombia), Bettina Geisseler (Germany), Francine Gurral (France), Giovanni Leo (Italy), Linna Li (China), Jens Machoy (Germany), Galyah Natan-Epstein (Israel), Rana Obeid (UAE), Arnoud Penseel (Netherlands), Claudio Perrella (Italy), Helena Prata (Angola).

Secretariat leadership was provided by Emily O’Connor, Senior Policy Executive, ICC Commission on Commercial Law and Practice, and administrative support by Florence Binta Diao

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