This document includes a standard set of basic conditions. Additional specific clauses relevant to a particular set of circumstances can be added and included if required.

These Standard Terms and Conditions of Business are intended as a professional foundation on which two parties can work together in a business relationship. By including clauses specific to intellectual property rights, you will raise awareness of your ownership of these rights.

Not all clauses in these Terms and Conditions will be appropriate or suitable for all users, but they give you a a starting point for creating a document that works for your particular needs.

Examples of where you might use Standard Terms and Conditions of Business:

• When you would like to supply your products e.g. to a retailer and need to establish such things as delivery or payment terms and – most importantly – your ownership of the intellectual property rights to the products you provide.
• To establish a good business relationship with another party.
• To ensure that both parties recognise each other’s expectations and agree to them from the start of the relationship.

How to use Standard Terms and Conditions of Business:

This Agreement is a standard form precedent so you will need to insert your details.

Ensure you have used all clauses required, and deleted those that aren’t.

The agreement should be signed and returned to you before you proceed with the arrangement.

Tip: Save the document to the ACID IP Databank for that all-important audit trail!

Remember: This is a generic legal agreement and therefore some parts may not be appropriate for your specific circumstances. We strongly advise you check the final draft with your solicitor or ACID Legal Affiliate to ensure that the document suits your particular circumstances.

No liability is accepted by ACID or any ACID Accredited Law Firm.