Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Territory Licence Agreement
"I need a Territory Licence Agreement to grant exclusive rights to a Japanese manufacturer to produce and sell our patented automotive parts across Southeast Asia, with a 5% royalty rate starting from March 2025."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Key terms used throughout the agreement including Territory, Licensed Rights, and other crucial definitions
4. Grant of Licence: Specific rights being granted and territory definition, including scope and limitations
5. Term and Termination: Duration of agreement and circumstances for termination, including notice periods and consequences
6. Payment Terms: Fees, royalties, payment schedules, and currency considerations
7. Intellectual Property Rights: Ownership and protection of IP, including enforcement provisions
8. Confidentiality: Protection of confidential information and trade secrets
9. Governing Law: Applicable law (England and Wales) and jurisdiction
1. Quality Control: Standards, monitoring requirements, and quality assurance procedures for licensed products or services
2. Marketing and Promotion: Requirements and restrictions for marketing licensed products/services in the territory
3. Sub-licensing Rights: Terms and conditions under which the licensee may sub-license the rights
4. Training and Support: Provisions for technical support, training, and knowledge transfer
1. Schedule 1: Licensed Territory: Detailed description and/or maps of the geographical territory covered by the licence
2. Schedule 2: Licensed Products/Services: Comprehensive list and specifications of products or services covered by the licence
3. Schedule 3: Royalty Calculations: Detailed breakdown of payment calculations, including minimum guarantees if applicable
4. Schedule 4: Quality Standards: Specific quality requirements, metrics, and testing procedures
5. Schedule 5: Trademark Usage Guidelines: Detailed rules and specifications for using licensed trademarks and branding
6. Schedule 6: Reporting Requirements: Templates, formats, and timing for required reports and notifications
Authors
Commencement Date
Confidential Information
Effective Date
Force Majeure Event
Intellectual Property Rights
Licensed Products
Licensed Rights
Licensed Territory
Net Sales
Party/Parties
Patents
Quarter
Royalties
Royalty Period
Subsidiary
Term
Termination Date
Trade Marks
Working Day
Year
Quality Standards
Minimum Performance Requirements
Reporting Period
Marketing Materials
Technical Information
Improvements
Know-How
Sub-licensee
Field of Use
Territory Restrictions
Term and Duration
Royalties and Payments
Intellectual Property Rights
Quality Control
Confidentiality
Non-Competition
Performance Obligations
Reporting Requirements
Audit Rights
Warranties and Representations
Indemnification
Insurance
Force Majeure
Assignment and Sub-licensing
Termination
Post-Termination Obligations
Marketing and Promotion
Technical Support
Compliance with Laws
Record Keeping
Dispute Resolution
Notices
Entire Agreement
Severability
Waiver
Governing Law
Jurisdiction
Third Party Rights
Find the exact document you need
Download our whitepaper on the future of AI in Legal
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.
Read our Privacy Policy.