A collaboration agreement is basically an agreement about the sharing of contributions such as terms and conditions or confidentiality, for which we may use a confidentiality agreement template. Some important components of a collaboration agreement include (text attributed to www.template.net):

• Purpose of the agreement, so as to outline the deeper purpose of the agreement proper;
• Scope and duration, which is needed to detail the period of the agreement, and the scope of the work;
• Commitment to collaboration, so as to ensure that both parties are committed to working together;
• Termination, which details any conditions that would lead to an early termination of the agreement.

Such an agreement would also have certain terms present to further specify the limits of the deal, such as

• Definitions, as it is important that both businesses be defined completely so as to make their capabilities clear;
• Project funding, as it would be necessary for the parties to contribute resources to the collaboration, and for which you might need a funding agreement;
• Services, which serves to delimit exactly what services both parties need to contribute to the joint agreement;
• Collaboration, which explicitly states who is to work on the project.