The License and Supply Agreement is a sophisticated commercial contract used when one party wishes to both license intellectual property or technology and establish a product supply relationship with another party. This dual-purpose agreement is particularly relevant in Switzerland's advanced manufacturing, pharmaceutical, and technology sectors. It combines elements of licensing (such as IP rights, territorial restrictions, and royalties) with supply terms (including quality standards, delivery requirements, and pricing mechanisms). The agreement must comply with Swiss law, particularly the Code of Obligations and relevant IP legislation, while often considering international trade implications. It's commonly used in scenarios where technology transfer or IP licensing is intrinsically linked to product manufacturing and supply, such as in pharmaceutical manufacturing, technology implementation, or specialized equipment production.
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1. Parties: Identification of the contracting parties, including full legal names, registration details, and addresses
2. Background: Context of the agreement, relationship between the parties, and high-level business objectives
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of License: Scope of the license, including territory, field of use, and any restrictions
5. Supply Obligations: Core supply terms, including product specifications, forecasting, and ordering procedures
6. Quality Requirements: Quality standards, specifications, and compliance requirements for supplied products
7. Intellectual Property Rights: Ownership and protection of IP, including improvements and new developments
8. Payment Terms: License fees, supply prices, payment schedules, and related financial terms
9. Delivery and Acceptance: Delivery terms, acceptance criteria, and rejection procedures
10. Warranties and Representations: Standard warranties regarding products, IP rights, and capacity to contract
11. Confidentiality: Protection of confidential information and trade secrets
12. Term and Termination: Duration of agreement, renewal provisions, and termination rights
13. Liability and Indemnification: Allocation of risks, limitation of liability, and indemnification obligations
14. Force Majeure: Events excusing performance and related procedures
15. Governing Law and Jurisdiction: Choice of law and dispute resolution mechanisms
16. General Provisions: Standard boilerplate clauses including notices, assignment, and amendments
1. Minimum Purchase Requirements: Used when there are specific volume commitments or minimum order quantities
2. Territory Restrictions: Include when there are specific geographical limitations on license or supply
3. Exclusivity Provisions: Used when either party is granted exclusive rights in certain contexts
4. Technology Transfer: Include when technical knowledge or know-how transfer is required
5. Regulatory Compliance: Important for regulated industries or products requiring specific compliance measures
6. Marketing and Promotion: Include when parties have specific marketing obligations or restrictions
7. Training and Support: Used when ongoing technical support or training is part of the arrangement
8. Insurance Requirements: Include when specific insurance coverage is required
9. Change Control: Used for agreements requiring formal processes for changes to specifications or terms
10. Security Requirements: Include when specific security measures or data protection requirements apply
1. Product Specifications: Detailed technical specifications of products to be supplied
2. Price List: Detailed pricing information, including any volume-based discounts
3. Quality Standards: Detailed quality requirements, testing procedures, and acceptance criteria
4. Service Levels: Performance metrics and service level requirements
5. Licensed IP: Detailed description of licensed intellectual property rights
6. Territory Definition: Detailed description of geographical territories and any restrictions
7. Technical Requirements: Detailed technical requirements and standards
8. Forecast and Order Procedures: Detailed procedures for forecasting and ordering
9. Contact Details: Key contact persons and escalation procedures
10. Form of Reports: Templates for required reports and notifications
Authors
Relevant legal definitions
Clauses
Relevant Industries
Pharmaceuticals
Biotechnology
Medical Devices
Technology and Software
Manufacturing
Chemical Industry
Precision Engineering
Electronics
Consumer Goods
Research and Development
Healthcare
Automotive
Aerospace
Food and Beverage
Relevant Teams
Legal
Procurement
Supply Chain
Intellectual Property
Research and Development
Quality Assurance
Regulatory Affairs
Operations
Business Development
Commercial
Finance
Technology Transfer
Manufacturing
Compliance
Relevant Roles
Chief Legal Officer
Head of Licensing
Supply Chain Director
Intellectual Property Manager
Commercial Director
Chief Technology Officer
Head of Procurement
Legal Counsel
Contract Manager
Business Development Director
Quality Assurance Manager
Regulatory Affairs Director
Operations Manager
Technology Transfer Manager
Product Manager
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