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This Sole License agreement template is designed for use under Austrian law when a rights holder (licensor) wishes to grant exclusive exploitation rights to a single entity (licensee) while retaining underlying ownership of the intellectual property. The document is particularly suitable for situations requiring controlled commercialization of intellectual property rights, whether in technology, creative works, or industrial property. It incorporates provisions compliant with the Austrian Civil Code (ABGB), Copyright Act, and Commercial Code (UGB), addressing essential elements such as exclusivity terms, territorial restrictions, quality control measures, and payment structures. The Sole License format ensures that the licensee receives protected exclusive rights while the licensor maintains ultimate control over the intellectual property, making it ideal for strategic business relationships requiring careful balance of interests and legal protection.
