The first step in creating this section is to clearly define IP and TP rights. Let`s take the following examples of two statements of objectives from real agreements: PandaTip: The presentation clearly defines how funding and profits will be managed during the duration of the cooperation agreement. PandaTipp: The table of contents allows anyone who verifies this template via PandaDoc to click to move to any section of the collaboration agreement template. In this way, cooperation can be encouraged, as each party recognizes and recognizes the other party`s ownership of the materials that have been used. Most collaborations happen to produce something. In this sense, it is essential, in a cooperation agreement, to provide detailed details on the property rights of production.