This Exclusive and Non-Exclusive License agreement template is designed for use in commercial transactions under Nigerian law where a rights holder wishes to grant both exclusive and non-exclusive licenses for different aspects of their intellectual property or for different territories/uses. The document is particularly relevant when companies need to establish complex licensing arrangements that may involve exclusive rights in certain markets or applications while maintaining non-exclusive licensing options in others. It ensures compliance with Nigerian intellectual property laws, including the Patents and Designs Act, Copyright Act, and the National Office for Technology Acquisition and Promotion (NOTAP) requirements for technology transfer. The agreement is structured to protect both licensor and licensee interests while maintaining flexibility for various commercial scenarios and regulatory compliance.
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1. Parties: Identification of the licensor and licensee with full legal names and addresses
2. Background: Context of the agreement, nature of the intellectual property, and purpose of the licensing arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement, including Licensed Rights, Territory, and Field of Use
4. Grant of Rights: Specific details of exclusive and non-exclusive rights being granted, including scope, territory, and field of use
5. License Fees and Royalties: Payment terms, royalty rates, minimum guarantees, and payment schedules
6. Reporting and Audit Rights: Requirements for reporting sales/usage and licensor's audit rights
7. Quality Control: Standards and requirements for use of licensed rights, approval processes
8. Protection and Enforcement: Obligations regarding IP protection, enforcement against infringement
9. Term and Termination: Duration of agreement, renewal terms, and termination provisions
10. Confidentiality: Protection of confidential information exchanged during the license relationship
11. Warranties and Indemnities: Standard warranties, representations, and indemnification provisions
12. General Provisions: Standard boilerplate clauses including governing law, dispute resolution, and notices
1. Sub-licensing Rights: Include when licensee is permitted to grant sub-licenses to third parties
2. Technology Transfer: Include when agreement involves transfer of technical knowledge or support
3. Local Content Requirements: Include when license involves manufacturing or production in Nigeria
4. Export Controls: Include when licensed rights may be used internationally
5. Competition Compliance: Include detailed competition provisions when exclusive rights might raise antitrust concerns
6. Currency and Exchange Rate: Include for international licensing deals with foreign currency considerations
7. Training and Support: Include when licensor will provide ongoing technical support or training
8. Marketing and Promotion: Include when agreement includes specific marketing obligations or restrictions
1. Schedule 1 - Licensed Rights: Detailed description of intellectual property being licensed
2. Schedule 2 - Territory and Field of Use: Specific details of geographical territories and permitted uses
3. Schedule 3 - Royalty Rates and Payment Terms: Detailed breakdown of payment structures and calculations
4. Schedule 4 - Quality Control Standards: Specific quality requirements and approval procedures
5. Schedule 5 - Technical Specifications: Technical details of licensed technology or products
6. Schedule 6 - Reporting Templates: Standard forms for sales reports and royalty calculations
7. Appendix A - Approval Procedures: Detailed processes for obtaining licensor approvals
8. Appendix B - Brand Guidelines: Guidelines for use of licensed trademarks or brands
Relevant legal definitions
Clauses
Relevant Industries
Technology
Manufacturing
Pharmaceuticals
Software Development
Entertainment
Media
Telecommunications
Biotechnology
Consumer Goods
Industrial Products
Fashion and Apparel
Automotive
Energy
Healthcare
Education
Research and Development
Relevant Teams
Legal
Intellectual Property
Business Development
Commercial
Research and Development
Innovation
Compliance
Technology Transfer
Licensing
Corporate Affairs
Strategy
Operations
Relevant Roles
Legal Counsel
Intellectual Property Manager
Licensing Director
Business Development Manager
Contract Manager
Commercial Director
Chief Technology Officer
Research and Development Director
Head of Innovation
Compliance Officer
Patent Attorney
Technology Transfer Officer
Chief Legal Officer
Intellectual Property Counsel
Commercial Manager
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