The Co-Exclusive License Agreement is utilized when an intellectual property owner wishes to grant exclusive rights to multiple licensees while maintaining certain restrictions and coordination requirements. This arrangement is particularly common in situations where different licensees may operate in distinct territories, market segments, or fields of use. The document, governed by Dutch law, provides a comprehensive framework for managing the relationship between the licensor and multiple licensees, including detailed provisions for royalty payments, quality control, and dispute resolution. It incorporates requirements from Dutch intellectual property law, competition regulations, and civil code provisions, making it suitable for both domestic and international licensing arrangements. The agreement is especially relevant for technology transfers, patent licensing, and other intellectual property commercialization strategies where traditional exclusive or non-exclusive licenses may not provide the optimal structure.
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1. Parties: Identification of the Licensor and all Co-Exclusive Licensees
2. Background: Context of the agreement, description of the licensed property, and explanation of the co-exclusive arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of License: Specific terms of the co-exclusive license grant, including scope and limitations
5. Co-Exclusivity Terms: Detailed provisions governing the relationship between co-licensees and their respective rights
6. Territory: Geographic scope of the license for each co-licensee
7. License Fees and Payment Terms: Financial terms, royalty structures, and payment obligations
8. Protection and Enforcement: Rights and obligations regarding IP protection and enforcement against third parties
9. Quality Control: Standards and requirements for use of the licensed property
10. Confidentiality: Provisions for protecting confidential information
11. Term and Termination: Duration of the agreement and termination provisions
12. Post-Termination Obligations: Rights and obligations that survive termination
13. General Provisions: Standard legal provisions including governing law, notices, and assignment
1. Minimum Performance Requirements: Used when specific performance targets are required for maintaining the license
2. Sub-licensing Rights: Include when sub-licensing is permitted under specific conditions
3. Cross-licensing Provisions: Required when parties exchange licenses for different IP rights
4. Marketing and Promotion: Include when specific marketing obligations or restrictions apply
5. Research and Development: Necessary when the license includes ongoing R&D obligations
6. Manufacturing Requirements: Include when the license involves manufacturing rights
7. Export Control: Required when licensed products are subject to export regulations
8. Alternative Dispute Resolution: Optional mechanisms for resolving disputes between co-licensees
1. Schedule 1 - Licensed Property: Detailed description of the intellectual property being licensed
2. Schedule 2 - Territory Allocation: Specific geographic territories assigned to each co-licensee
3. Schedule 3 - Fee Structure: Detailed breakdown of license fees, royalties, and payment terms
4. Schedule 4 - Quality Standards: Technical specifications and quality requirements
5. Schedule 5 - Reporting Requirements: Templates and procedures for required reports
6. Appendix A - Coordination Procedures: Procedures for coordination between co-licensees
7. Appendix B - Approved Use Guidelines: Guidelines for proper use of the licensed property
8. Appendix C - Dispute Resolution Procedures: Detailed procedures for resolving conflicts between co-licensees
Authors
Relevant legal definitions
Clauses
Relevant Industries
Technology & Software
Biotechnology & Pharmaceuticals
Manufacturing & Industrial
Research & Development
Telecommunications
Consumer Electronics
Media & Entertainment
Clean Technology
Agricultural Technology
Medical Devices
Relevant Teams
Legal
Intellectual Property
Business Development
Research & Development
Commercial
Innovation
Technology Transfer
Compliance
Strategic Partnerships
Product Development
Relevant Roles
Intellectual Property Manager
Licensing Director
Legal Counsel
Business Development Manager
Chief Technology Officer
Commercial Director
Patent Attorney
Head of Research and Development
Innovation Manager
Contracts Manager
Chief Legal Officer
Technology Transfer Officer
IP Commercialization Manager
Strategic Partnerships Director
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