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Short Term License Agreement for Nigeria

Short Term License Agreement Template for Nigeria

A comprehensive legal document governed by Nigerian law that establishes a temporary licensing arrangement between parties for the use of specific intellectual property, technology, or other proprietary assets. This agreement defines the scope, duration, and terms of the license, including payment provisions, usage restrictions, and parties' obligations. It incorporates relevant provisions from Nigerian intellectual property laws, contract law, and commercial regulations, providing a structured framework for short-term licensing relationships while ensuring compliance with local legal requirements and business practices.

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Short Term License Agreement

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What is a Short Term License Agreement?

The Short Term License Agreement is designed for situations where one party (licensor) grants another party (licensee) temporary rights to use specific intellectual property, technology, or proprietary assets under Nigerian law. This document is particularly useful for businesses testing new partnerships, seasonal operations, or project-specific collaborations. It includes essential provisions for protecting intellectual property rights, defining payment terms, and establishing clear usage parameters, while ensuring compliance with Nigerian regulatory requirements, including those set by the National Office for Technology Acquisition and Promotion (NOTAP) where applicable. The agreement is structured to provide sufficient protection for both parties while maintaining the flexibility needed for short-term arrangements, typically ranging from a few months to one year.

What sections should be included in a Short Term License Agreement?

1. Parties: Identification and details of the licensor and licensee, including registered addresses and company registration numbers

2. Background: Context of the agreement and brief description of the parties' intentions

3. Definitions: Definitions of key terms used throughout the agreement

4. Grant of License: Specific details of the license being granted, including scope, territory, and any restrictions

5. Term and Termination: Duration of the license and circumstances under which it can be terminated

6. Payment Terms: License fees, payment schedule, and method of payment

7. Licensee Obligations: Key responsibilities and obligations of the licensee

8. Licensor Obligations: Key responsibilities and obligations of the licensor

9. Intellectual Property Rights: Confirmation of ownership and protection of intellectual property

10. Confidentiality: Obligations regarding confidential information

11. Governing Law: Specification of Nigerian law as the governing law

12. Dispute Resolution: Process for resolving disputes between parties

What sections are optional to include in a Short Term License Agreement?

1. Quality Control: Required when the license involves branded products or services that need to maintain certain standards

2. Sub-licensing Rights: Include when the licensee may be granted rights to sub-license

3. Training and Support: Necessary when the license includes technical support or training obligations

4. Insurance: Include when specific insurance coverage is required for the licensed activities

5. Force Majeure: Optional clause addressing unforeseeable circumstances that prevent fulfillment of obligations

6. Assignment: Include when transfer of rights needs to be specifically addressed

7. Compliance with Laws: Required when specific regulatory compliance needs to be emphasized

8. Warranties and Indemnities: Include when specific guarantees or protections need to be provided

What schedules should be included in a Short Term License Agreement?

1. Schedule 1 - Licensed Property: Detailed description of the intellectual property being licensed

2. Schedule 2 - License Fees: Detailed breakdown of fees, royalties, and payment terms

3. Schedule 3 - Technical Specifications: Technical details and specifications of the licensed property, if applicable

4. Schedule 4 - Territory: Detailed description of the geographic territory covered by the license

5. Appendix A - Quality Control Standards: Specific quality standards and requirements, if applicable

6. Appendix B - Approved Use Guidelines: Guidelines for proper use of the licensed property

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Nigeria

Document Type

License Agreement

Sector

IP

Cost

Free to use
Relevant legal definitions

























Clauses






























Relevant Industries

Technology

Manufacturing

Media and Entertainment

Software Development

Retail

Pharmaceutical

Consumer Goods

Telecommunications

Education

Healthcare

Agriculture

Energy

Professional Services

Relevant Teams

Legal

Commercial

Intellectual Property

Business Development

Operations

Compliance

Technology

Innovation

Partnerships

Brand Management

Product Development

Relevant Roles

Legal Counsel

Intellectual Property Manager

Commercial Director

Business Development Manager

Licensing Manager

Contract Administrator

Chief Technology Officer

Operations Manager

Compliance Officer

Brand Manager

Product Manager

Innovation Director

Partnership Manager

General Counsel

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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