Evaluation Agreement (Drafting)

Evaluation License means a right to use the Software only for the purposes of evaluating and testing the program, excluding all commercial or production use. An evaluation agreement, may also be known as a ‘pilot agreement’ or ‘trial agreement’. Evaluation agreement is made between two or more parties, in which the parties agree to test and evaluate a product of service, usually with the intention of one party buying the product or service, if the results of the evaluation process are good. The use of the product or service is usually limited by time and scope of use.

 

BASIC INFORMATION:

An evaluation agreement, may also be known as a ‘pilot agreement’ or ‘trial agreement’. Evaluation agreement is made between two or more parties, in which the parties agree to test and evaluate a product of service, usually with the intention of one party buying the product or service, if the results of the evaluation process are good. The use of the product or service is usually limited by time and scope of use. In case of startups, who have an interest to offer the potential customer a trial run, or evaluation period, during which the potential customer can test the software.  Many startups need to test their software in a real environment, and not only in their controlled environments. The best way to do so, is by running a limited evaluation period with potential customers in their target market.

 

FEATURES OF EVALUATION AGREEMENT:

 

1.PURPOSE OF THE EVALUATION:It is important that you clearly define the purpose of the evaluation in your evaluation agreement. This is to ascertain exactly what service or product is being offered, and what this service is supposed to do.

2.INTELLECTUAL PROPERTY (“IP”).This is one of the most important aspects. The main reason for this section is to protect each side’s IP, and to prevent the other side from unlawfully using the other side’s IP without their permission.

3.TERM OF THE EVALUATION:This clause states when the evaluation begins, and when it ends.

Documents


Passport Photo

Passport photo of all parties.


PAN Card

PAN card of all parties.


Aadhar Card

Aadhar card of all parties.


Utility Bill

Utility bill of Electricity or Telephone.


Address Proof

Valid Address Proof of all the parties.


Licence

Valid Driving Licence of all the parties.


Terms and Conditions

Terms and Conditions between the parties.


Other Documents

Other documents will be intimated through e-mail.

FAQ

A contract in which one party promises to submit an idea and the other party promises to evaluate it. After the evaluation, the evaluator will either enter into an agreement to exploit the idea or promise not to use or disclose the idea.

Evaluation provides a systematic method to study a program, practice, intervention, or initiative to understand how well it achieves its goals. Evaluations help determine what works well and what could be improved in a program or initiative. Program evaluations can be used to: Demonstrate impact to funders.

Enhancing the chance that the initiative's goals and objectives are being achieved.Determining value for money (i.e., allocated resources are yielding the greatest benefit for clients and stakeholders),Identifying what components of an initiative work/do not work and why.

Experts evaluate your idea/ plan and guides you about the pros and cons of the said plan/ idea.