Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Development Agreement definition

What does Development Agreement mean? A development agreement is a contract used to deliver a building or regeneration scheme in which a developer agrees to procure and manage construction works for a landowner, investor, tenant or public authority, typically in return for a land interest, a price, or a profit share. It is a descriptive term rather than a statutory definition, but where a public body is involved the arrangement may constitute a public works contract under procurement rules if it creates enforceable obligations to carry out works. Key features usually include: conditions precedent (planning, funding, site assembly); obligations on scope, design and...

Customer‑favourable bespoke software development and licensing agreement with IP assignment, source code delivery, acceptance testing, delay payments, warranties and indemnities (England and Wales)

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Precedents

This agreement is entered into on [ insert date ] (the Commencement Date) by and between:

Parties

[ insert supplier name ], a company incorporated in England and Wales, whose registered number is [ insert company number ] and whose registered office is at [ insert registered office ] (Supplier); and
[ insert customer name ], a company incorporated in England and Wales, whose registered number is [ insert company number ] and whose registered office is at [ insert registered office ] (Customer).

Each of the Supplier and the Customer is a party, and together the Supplier and the Customer are the parties.

Background

The Supplier is [ an experienced software developer and ] [ insert the Supplier’s background details and the background to the relevant transaction ].
The Customer is [ insert the Customer’s background details ].
Subject to this Agreement, the Supplier shall develop software for the Customer and will licence (or arrange for the licensing of) certain other software applications.

...

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Web page updated on 22/05/2026

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