Document background
The Perpetual Royalty License agreement is essential for businesses seeking to establish long-term intellectual property licensing arrangements under Belgian law. This document is particularly relevant when a rights holder wishes to grant permanent usage rights while maintaining a continuous revenue stream through royalty payments. It incorporates specific provisions required under Belgian civil law and EU regulations, including competition law compliance and tax considerations. The agreement is commonly used in technology transfers, patent licensing, software licensing, and other IP-intensive transactions where ongoing commercialization is anticipated. It addresses key aspects such as scope of rights, payment mechanisms, audit rights, and dispute resolution, while ensuring compliance with both Belgian national law and applicable EU directives.
