The Master Licence agreement is used when parties wish to establish a comprehensive framework for multiple licensing arrangements under English and Welsh law. It provides the foundational terms for subsequent specific licences, reducing the need to negotiate complete agreements for each new licensing relationship. This document typically includes provisions for intellectual property rights, territorial restrictions, payment structures, quality control measures, and compliance requirements. The Master Licence is particularly useful for businesses managing multiple licensing relationships or planning to expand their licensing operations over time.
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1. Parties: Identification of licensor and licensee with full legal details
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Grant of Licence: Scope and nature of the licence being granted
5. Term and Termination: Duration of licence and termination provisions
6. Fees and Payment: Financial terms and payment obligations
7. IP Rights and Ownership: Confirmation of ownership and IP rights
8. Confidentiality: Protection of confidential information
1. Sub-licensing Rights: Include when licensee may grant sub-licences
2. Territory Restrictions: Include when licence is geographically restricted
3. Quality Control: Include for trademark licences or when quality standards are crucial
4. Support Services: Include when technical support or maintenance is provided
5. Data Protection: Include when personal data processing is involved
1. Licensed IP: Detailed description of licensed intellectual property
2. Fees Schedule: Detailed breakdown of fees and payment terms
3. Technical Specifications: Technical details of licensed technology or software
4. Service Levels: Performance metrics and service standards if applicable
5. Approved Sub-licensees: List of approved sub-licensees if applicable
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