Uncategorised

Why Is Consortium Agreement Important

Nevertheless, there is an important point to bear in mind: the preparation of an agreement on the Horizon 2020 consortium requires a significant investment of time, resources and resources for legal assistance. If the project is not chosen by the European Commission for funding, such an allocation of money and time will essentially (and unfortunately) be wasted. So what needs to be done to best meet the needs of the consortium members at an early stage, without spending the resources and time before there is more clarity in funding? The grant agreement is a contract between the consortium (all its partners) and the European Commission, while the consortium agreement is an internal agreement between the consortium partners – it regulates all matters that are not covered by the grant agreement, but which are important to the internal functioning of the consortium. B (e.g., work organization, structure, intellectual property management, accountability, conflict resolution, future exploitation and dissemination of results, etc.). A professional legal advisor experienced in such consortium agreements offers the following services: DESCA (Development of a Simplified Consortium Agreement) is the most popular of several Horizon 2020 Consortium agreements. This is the result of a cooperation project supported by the EC. Its production is a consortium agreement of models that everyone can use as the basis of a specific consortium agreement for a given project. The DesCA model consortium agreement is available for free download. The consortium agreement complements the Horizon 2020 award agreement. While the grant agreement defines the binding legal relationship between the European Commission and the project partners, the consortium agreement defines and regulates the relationships between the partners themselves.

Unlike the subsidy agreement (which is defined and cannot be amended), the Horizon 2020 consortium agreement is essentially a trade agreement between the partners. As such, it is flexible and can be adapted to the specific needs of the project and its partners. Remember — once the Horizon 2020 project is funded, a consortium partner will work together for a long time. That is why it is very important to have a binding agreement that takes into account the different expectations, requirements and circumstances that may arise. In principle, the agreement may contain all the agreements that the partners wish to conclude, provided they do not contra in the subsidy agreement and the Horizon 2020 participation rules. While this is not mandatory, we recommend referring to the CA structure and guidelines when developing a consortium agreement. As mentioned above, it is advisable to use experienced legal advisors in the preparation of this agreement. The DESCA proposal should only be presented as a means of structuring the agreement in a general way and taking into account the important aspects that need to be taken into account.

Since the consortium agreement is in fact a commercial agreement, we recommend the services of a legal advisor competent to develop such agreements. In order to optimize the use of available time and resources, there is a good opportunity to develop this agreement, after the EC has indicated that the project will be chosen for funding and before the EC requests the signing of the grant agreement.