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The Cross License Agreement is a strategic legal instrument used when two or more parties wish to grant each other rights to use their respective intellectual property portfolios. This document type is particularly relevant in situations where companies hold complementary technologies, need to resolve patent disputes, or want to ensure freedom to operate in their respective markets. Governed by Belgian law and EU regulations, the agreement typically includes detailed specifications of the licensed IP, scope of rights, territorial limitations, and any financial considerations. It's commonly used in technology-intensive industries where patent thickets are prevalent, or where companies need to leverage each other's innovations. The document must comply with Belgian contract law, intellectual property regulations, and EU competition law requirements, particularly regarding technology transfer agreements and anti-competitive practices.

1. Parties: Identification of the parties entering into the cross-license agreement, including their legal status and registered addresses

2. Background: Context of the agreement, including each party's ownership of relevant intellectual property and their desire to enter into a mutual licensing arrangement

3. Definitions: Detailed definitions of technical terms, licensed intellectual property, and other key concepts used throughout the agreement

4. License Grants: Specific rights being granted by each party to the other, including scope, territory, and field of use

5. License Restrictions: Limitations on the use of licensed intellectual property and specific prohibited activities

6. Term and Termination: Duration of the agreement and circumstances under which it may be terminated

7. Royalties and Payment: Financial terms, including any royalties, payment schedules, and reporting requirements

8. Intellectual Property Ownership: Confirmation of each party's ownership of their respective IP and provisions regarding improvements or modifications

9. Representations and Warranties: Each party's assertions regarding their right to enter into the agreement and grant the licenses

10. Confidentiality: Obligations regarding the protection of confidential information exchanged under the agreement

11. Indemnification: Parties' obligations to protect each other against third-party claims

12. Governing Law and Jurisdiction: Specification of Belgian law as governing law and jurisdiction for dispute resolution

13. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments