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Intellectual Property Licence Agreement
"I need an Intellectual Property License Agreement for licensing our proprietary software technology to multiple international clients, with the agreement being governed by UAE law and including provisions for technical support and source code escrow."
1. Parties: Identification of the Licensor and Licensee with full legal names and addresses
2. Background: Context of the agreement, description of the IP, and parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement, including specific IP-related terminology
4. Grant of License: Scope of the license, whether exclusive or non-exclusive, and permitted uses of the IP
5. Term and Termination: Duration of the license and circumstances under which it can be terminated
6. License Fees and Payment Terms: Financial terms including royalties, payment schedules, and calculation methods
7. IP Ownership and Protection: Confirmation of IP ownership, protection obligations, and handling of improvements
8. Quality Control: Standards for using the IP and quality maintenance requirements
9. Representations and Warranties: Parties' assertions regarding IP ownership, validity, and non-infringement
10. Confidentiality: Protection of confidential information exchanged during the license relationship
11. Indemnification: Responsibilities for IP infringement claims and other liability matters
12. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
13. General Provisions: Standard contract clauses including notices, amendments, and assignment rights
1. Sub-licensing Rights: Include when the Licensee is permitted to sub-license the IP to third parties
2. Territory Restrictions: Include when the license is limited to specific geographic areas
3. Technical Support and Maintenance: Include for software or technology licenses requiring ongoing support
4. Export Control: Include when the IP is subject to export control regulations
5. Source Code Escrow: Include for software licenses where source code access may be required
6. Performance Obligations: Include when specific performance targets or minimums are required
7. Marketing and Promotion: Include when the agreement involves trademark licensing or branded products
8. Audit Rights: Include when verification of royalty payments or usage metrics is needed
9. Data Protection: Include when personal data processing is involved in the license relationship
1. Schedule 1 - Licensed Intellectual Property: Detailed description of all IP being licensed, including registration numbers
2. Schedule 2 - License Fees and Royalty Calculations: Detailed breakdown of payment terms, royalty rates, and calculation methods
3. Schedule 3 - Technical Specifications: Technical details and specifications of the licensed IP
4. Schedule 4 - Quality Control Standards: Specific quality requirements and testing procedures
5. Schedule 5 - Approved Sub-licensees: List of pre-approved sub-licensees if applicable
6. Schedule 6 - Territory Definition: Detailed description of geographic territories where license applies
7. Appendix A - Brand Guidelines: Guidelines for using licensed trademarks or brands
8. Appendix B - Support and Maintenance Terms: Detailed terms for technical support and maintenance services
Authors
Technology
Software Development
Manufacturing
Pharmaceuticals
Biotechnology
Media and Entertainment
Fashion and Luxury Goods
Research and Development
Education
Healthcare
Telecommunications
Consumer Products
Industrial Design
Automotive
Energy
Legal
Intellectual Property
Research and Development
Business Development
Technology Transfer
Commercial
Innovation
Product Development
Corporate Strategy
Compliance
Technical Operations
Legal Counsel
IP Manager
Chief Technology Officer
Business Development Manager
Licensing Director
Patent Attorney
Research Director
Innovation Manager
Commercial Director
Chief Legal Officer
Technology Transfer Manager
IP Strategist
Contract Manager
General Counsel
Head of Research and Development
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