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Copyright Exclusive Licence
"I need a Copyright Exclusive Licence for my company to license our new software platform to a distributor in Europe, with royalty payments of 15% of net sales and an initial term of 3 years starting from January 2025."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and ownership confirmation of the copyright work
3. Definitions: Key terms used throughout the agreement including Licensed Work, Territory, and Exclusive Period
4. Grant of Rights: Specific rights being licensed and their exclusive nature, including scope of use and exploitation rights
5. Territory: Geographical scope of the licence and any territorial restrictions
6. Duration: Term of the licence including commencement date and expiry or renewal provisions
7. Payment Terms: Fees, royalties, payment schedule and calculation methods
8. Warranties and Indemnities: Legal guarantees and protections, including ownership warranties and infringement indemnities
9. Termination: Circumstances and process for ending the agreement, including breach and consequences
1. Quality Control: Standards for use of the copyrighted work and approval processes for modifications
2. Sub-licensing Rights: Provisions governing the licensee's right to grant sub-licenses to third parties
3. Moral Rights: Provisions regarding attribution rights and integrity of the work
4. Development and Modifications: Rights and processes for making changes to the licensed work
5. Confidentiality: Provisions for protecting confidential information exchanged during the licence period
1. Schedule 1 - Licensed Works: Detailed description and specification of the copyrighted works being licensed
2. Schedule 2 - Royalty Calculations: Detailed breakdown of payment calculations, reporting requirements and audit rights
3. Schedule 3 - Technical Specifications: Technical requirements and standards for use of the work
4. Schedule 4 - Approved Sub-licensees: List of pre-approved sub-licensees (if applicable)
Authors
Business Day
Commencement Date
Confidential Information
Copyright
Effective Date
Exclusive Licence
Force Majeure
Initial Term
Intellectual Property Rights
Licensed Rights
Licensed Works
Licence Fee
Licence Period
Moral Rights
Net Revenue
Renewal Period
Royalties
Sub-licence
Territory
Term
Third Party
Warranties
Work
Exclusivity
Territory and Term
Payment and Royalties
Quality Control
Confidentiality
Warranties and Representations
Indemnification
Intellectual Property Rights
Moral Rights
Sub-licensing
Assignment
Record Keeping
Audit Rights
Termination
Force Majeure
Governing Law
Dispute Resolution
Notices
Further Assurance
Entire Agreement
Variation
Waiver
Severability
Third Party Rights
Counterparts
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