Perpetual Royalty License Template for Denmark

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Perpetual Royalty License

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Perpetual Royalty License

Document background
This document is essential for situations where a permanent licensing arrangement is desired while maintaining a continuous revenue stream through royalty payments. A Perpetual Royalty License agreement under Danish law is particularly useful when the parties want to establish a long-term relationship without the need for license renewal negotiations. It's commonly used in technology transfers, patent licensing, software licensing, and brand licensing scenarios. The document addresses key aspects such as scope of rights, royalty calculations, quality control, and compliance with Danish and EU regulations. It provides comprehensive protection for both the licensor's intellectual property rights and the licensee's permanent right to use the licensed material, while ensuring a steady flow of royalty income. This type of agreement is especially relevant in the Danish market where long-term business relationships and stable contractual arrangements are valued.
Suggested Sections

1. Parties: Identification of the licensor and licensee, including full legal names, registration numbers, and addresses

2. Background: Context of the agreement, description of the intellectual property, and parties' objectives

3. Definitions: Detailed definitions of key terms used throughout the agreement, including Licensed Rights, Territory, and Royalty Rates

4. Grant of Rights: Explicit description of the perpetual license granted, including scope, territory, and any restrictions

5. Royalty Obligations: Detailed structure of royalty calculations, payment terms, currency, and payment methods

6. Reporting and Audit Rights: Requirements for regular reporting of sales/usage, record-keeping obligations, and licensor's audit rights

7. Quality Control: Standards for using the licensed rights and quality maintenance requirements

8. Representations and Warranties: Parties' representations regarding ownership, authority to license, and standard warranties

9. Indemnification: Mutual indemnification obligations and procedures for handling third-party claims

10. Confidentiality: Protection of confidential information exchanged during the agreement

11. Limited Termination Rights: Specific circumstances under which the perpetual license may be terminated (e.g., material breach, insolvency)

12. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law provisions

13. General Provisions: Standard boilerplate clauses including notices, assignment, and severability

Optional Sections

1. Sublicensing Rights: Include when licensee is permitted to sublicense the rights to third parties

2. Minimum Royalty Guarantees: Include when there are minimum payment obligations regardless of actual sales/usage

3. Development Obligations: Include when licensee has obligations to develop or commercialize the licensed rights

4. Marketing Requirements: Include when specific marketing obligations or restrictions apply

5. Competition Restrictions: Include when there are non-compete or territorial restrictions

6. Source Code Escrow: Include for software licenses where source code access might be needed

7. Technology Transfer: Include when technical support or knowledge transfer is part of the agreement

8. Export Control: Include when licensed rights are subject to export control regulations

Suggested Schedules

1. Schedule A - Licensed Rights: Detailed description of all intellectual property covered by the license

2. Schedule B - Royalty Calculations: Detailed formula and examples for calculating royalties

3. Schedule C - Reporting Template: Standard format for periodic royalty reports

4. Schedule D - Quality Standards: Specific quality requirements and testing procedures

5. Schedule E - Technical Specifications: Technical details of licensed technology or products

6. Schedule F - Approved Form of Sublicense: Template for permitted sublicense agreements

7. Schedule G - Territory Definition: Detailed description of geographic scope including any restrictions

8. Appendix 1 - Contact Details: Key contacts for various aspects of agreement administration

Authors

Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Non Exclusive Limited Use License

find out more

Software License Terms And Conditions

find out more

License Terms And Conditions

find out more

Synchronization And Master Use License Agreement

find out more

Road Use Agreement

find out more

Perpetual Royalty License

find out more

Contract For Use Of Space

find out more

Content Use Agreement

find out more

Limited Online Music License

find out more

License To Use Trademark

find out more

License To Occupy Residential Property

find out more

Single Use Music License

find out more

Software License Commercial Use

find out more

Non Use Agreement

find out more

Non Commercial Use License

find out more

Multi Use License

find out more

Master And Sync License

find out more

Get Copyright License

find out more

Common Use Agreement

find out more

Image Rights Contract

find out more

License To Use Intellectual Property

find out more

License To Use Agreement

find out more

Terms And Conditions Service Agreement

find out more

Buy Copyright License

find out more

Equipment Sale Contract

find out more

Indigenous Land Use Agreement

find out more

Fair Use Agreement

find out more

Facility Use Agreement

find out more

Music License For Video

find out more

Perpetual Use License

find out more

Single Use License

find out more

Option To Buy Agreement

find out more

Non Exclusive Perpetual License

find out more

Non Disclosure And Restricted Use Agreement

find out more

Master Use License

find out more

Limited Use License

find out more

Common Use License

find out more

Trademark Use Agreement

find out more

Software Usage Agreement

find out more

Non Reliance Letter Hold Harmless Letter

find out more

Material Transfer Agreement For Commercial Use

find out more

Car Sale As Is Contract

find out more

Consent Terms And Conditions

find out more

Music Use License

find out more

Service Use Agreement

find out more

End Use License Agreement

find out more

Private Car Sale Contract

find out more

Trade Mark Licence Agreement

find out more

Residential Real Estate Purchase Contract

find out more

Terms Of Use Agreement

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.