A Video Game Licence Agreement is essential when a game developer or publisher wants to grant specific rights to another party for commercial exploitation of their video game. This agreement, governed by English and Welsh law, establishes the framework for licensing intellectual property rights, technical specifications, revenue sharing, and quality control measures. It's particularly important in protecting the interests of both parties while ensuring compliance with UK intellectual property law, data protection regulations, and industry standards. The agreement typically covers territorial restrictions, distribution channels, marketing rights, and modification permissions.
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1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and brief description of the video game
3. Definitions: Key terms used throughout the agreement including game-specific terminology, licensing terms, and technical definitions
4. Grant of Licence: Scope, territory, and nature of the licence granted, including usage rights and restrictions
5. Intellectual Property Rights: Ownership and protection of IP rights, including copyright, trademarks, and patents
6. Payment Terms: Fees, royalties, payment schedules, and revenue sharing arrangements
7. Term and Termination: Duration of the agreement and circumstances for termination
8. Warranties and Representations: Standard warranties from both parties regarding IP ownership and authority to enter agreement
9. Confidentiality: Protection of confidential information and trade secrets
10. Governing Law and Jurisdiction: Specification of English and Welsh law as governing law and jurisdiction
1. Distribution Rights: Terms for distribution channels, platforms, and territories
2. Localization Rights: Rights and obligations regarding translation and cultural adaptation
3. Marketing and Promotion: Marketing rights, obligations, and approval processes
4. Quality Control: Quality standards, testing requirements, and approval processes
5. Data Protection: GDPR compliance and data handling requirements
1. Schedule 1 - Game Description: Detailed description of the video game including features and functionality
2. Schedule 2 - Licensed Materials: Comprehensive list of all materials covered by the licence
3. Schedule 3 - Technical Requirements: Technical specifications, performance requirements, and platform specifications
4. Schedule 4 - Revenue Share Calculations: Detailed breakdown of revenue sharing arrangements and calculations
5. Schedule 5 - Approved Territories: List of territories where the licence applies
6. Schedule 6 - Brand Guidelines: Guidelines and requirements for using licensor's branding and trademarks
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