The License Back Agreement is utilized in scenarios where a party has transferred intellectual property rights but needs to retain certain usage rights for their ongoing operations. This document, governed by German law, is particularly common in corporate restructuring, joint venture arrangements, or technology transfer deals. It carefully balances the interests of both parties by specifying the scope of permitted IP use, quality control measures, and any territorial or field-of-use restrictions. The agreement ensures compliance with German intellectual property laws, competition regulations, and civil code requirements while providing clear guidelines for the ongoing relationship between the original IP owner and the current rights holder.
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1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the original IP ownership and reason for the license back arrangement
3. Definitions: Key terms used in the agreement, including Licensed IP, Territory, and Field of Use
4. Grant of License: Scope of the license being granted back, including territory and field of use restrictions
5. License Conditions: Specific conditions and limitations on the use of the licensed IP
6. Quality Control: Standards and requirements for the use of the licensed IP
7. IP Ownership and Protection: Confirmation of IP ownership and obligations regarding IP protection
8. Representations and Warranties: Standard warranties regarding IP ownership and right to license
9. Term and Termination: Duration of the agreement and termination provisions
10. Confidentiality: Protection of confidential information exchanged under the agreement
11. General Provisions: Standard legal provisions including governing law, jurisdiction, and entire agreement
1. Payment Terms: Include when the license back involves royalties or other financial compensation
2. Sublicensing Rights: Include when the licensee is permitted to sublicense the IP to third parties
3. Improvements: Include when dealing with future improvements to the licensed IP
4. Export Control: Include for international licensing arrangements subject to export regulations
5. Data Protection: Include when personal data processing is involved
6. Competition Law Compliance: Include for exclusive licensing arrangements or territorial restrictions
7. Technical Support and Training: Include when the licensor provides technical assistance
8. Audit Rights: Include when there are royalty payments or quality control requirements
1. Schedule 1 - Licensed IP: Detailed description of the intellectual property being licensed back
2. Schedule 2 - Technical Specifications: Technical requirements and standards for using the licensed IP
3. Schedule 3 - Quality Control Procedures: Detailed quality control processes and requirements
4. Schedule 4 - Royalty Calculation: If applicable, detailed method for calculating royalties
5. Schedule 5 - Approved Sub-licensees: If applicable, list of pre-approved sub-licensees
6. Schedule 6 - Territory Restrictions: Detailed description of territorial scope and restrictions
7. Appendix A - Form of Reports: Template for required periodic reports
8. Appendix B - Contact Details: Key contacts for both parties for various purposes under the agreement
Authors
Relevant legal definitions
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Relevant Industries
Technology
Pharmaceuticals
Biotechnology
Manufacturing
Automotive
Software Development
Research & Development
Electronics
Telecommunications
Chemical Industry
Relevant Teams
Legal
Intellectual Property
Research and Development
Technology Transfer
Business Development
Compliance
Innovation
Patents
Licensing
Technical Operations
Relevant Roles
Legal Counsel
IP Manager
Technology Transfer Officer
Research Director
Chief Technology Officer
Licensing Manager
Patent Attorney
Business Development Manager
Innovation Manager
Compliance Officer
Contract Manager
General Counsel
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