The Excluded License Agreement is a crucial legal instrument used when a rights holder wishes to grant exclusive rights to another party while maintaining specific carve-outs or exclusions. This document type is particularly relevant in the Indian market where technology transfer and IP licensing are subject to specific regulatory requirements. The agreement typically includes detailed provisions on the scope of exclusivity, territorial restrictions, and explicitly excluded rights or applications. It's essential for scenarios where the licensor wants to maintain certain rights or reserve specific markets while granting exclusive rights in others. The document must comply with Indian contract law, competition law, and relevant IP statutes, making it suitable for both domestic and international licensing arrangements where Indian law governs the relationship.
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1. Parties: Identification of the licensor and licensee with full legal names and registered addresses
2. Background: Context of the agreement, including brief description of the licensed material and purpose of the arrangement
3. Definitions: Key terms used throughout the agreement, including Licensed Material, Territory, Exclusivity Period, etc.
4. Grant of License: Scope of the exclusive license, including specific rights granted and reserved rights
5. Territory and Exclusivity: Geographic scope of the license and detailed exclusivity provisions
6. Term and Termination: Duration of the agreement, renewal provisions, and circumstances for termination
7. License Fees and Payment Terms: Financial terms, payment schedule, and reporting requirements
8. Licensor's Obligations: Obligations to maintain and protect the licensed material, provide support if applicable
9. Licensee's Obligations: Usage restrictions, quality control, reporting requirements
10. Intellectual Property Rights: Ownership rights, protection of IP, and handling of improvements
11. Confidentiality: Protection of confidential information exchanged during the agreement
12. Warranties and Indemnities: Representations about ownership, right to license, and related indemnifications
13. Governing Law and Jurisdiction: Applicable law and dispute resolution mechanisms
14. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement
1. Quality Control: Detailed quality standards and inspection rights, necessary when licensed material requires specific quality maintenance
2. Sub-licensing Rights: Terms for sub-licensing if permitted, including approval process and restrictions
3. Marketing and Promotion: Requirements for marketing the licensed material, if applicable
4. Technology Transfer: Provisions for technical support and knowledge transfer, relevant for technical licenses
5. Export Control: Compliance with export regulations, necessary for international agreements
6. Insurance: Insurance requirements, particularly relevant for high-value or high-risk licenses
7. Force Majeure: Provisions for unforeseen circumstances affecting performance
8. Non-Competition: Additional competitive restrictions beyond the basic exclusivity provisions
9. Change of Control: Provisions dealing with ownership changes of either party
1. Schedule 1 - Licensed Material: Detailed description of the licensed material, including technical specifications
2. Schedule 2 - Territory: Detailed definition of the geographic territory, including any excluded regions
3. Schedule 3 - Fee Schedule: Detailed breakdown of license fees, royalties, and payment terms
4. Schedule 4 - Quality Standards: Specific quality requirements and testing procedures if applicable
5. Schedule 5 - Technical Support: Details of any technical support or maintenance services to be provided
6. Schedule 6 - Approved Sub-licensees: List of pre-approved sub-licensees if applicable
7. Appendix A - Report Templates: Standard forms for required periodic reports
8. Appendix B - Brand Guidelines: Guidelines for use of trademarks or branding if applicable
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