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Non Exclusive Licence
"I need a Non-Exclusive License Agreement for software technology to be licensed to multiple Indian manufacturers, with implementation starting January 2025, including provisions for technical support and quarterly royalty payments based on unit sales."
1. Parties: Identification and details of the Licensor and Licensee, including registered addresses and company registration numbers
2. Background: Context of the agreement, description of the licensed property, and the parties' intentions
3. Definitions and Interpretation: Definitions of key terms used in the agreement and rules of interpretation
4. Grant of License: Specific terms of the non-exclusive license grant, including scope, territory, and confirmation of non-exclusivity
5. License Fee and Payment Terms: Financial terms, payment schedule, and payment mechanisms
6. Duration and Term: Initial term, renewal provisions, and termination dates
7. Licensee's Obligations: Key responsibilities and obligations of the licensee in using the licensed property
8. Licensor's Obligations: Key responsibilities and obligations of the licensor in supporting the license
9. Quality Control: Standards and quality requirements for use of the licensed property
10. Intellectual Property Rights: Ownership, protection, and enforcement of IP rights
11. Confidentiality: Protection and handling of confidential information
12. Termination: Grounds for termination, termination process, and consequences
13. Post-Termination Obligations: Obligations of parties after termination of the agreement
14. General Provisions: Standard boilerplate clauses including notices, assignment, and governing law
1. Technology Transfer: Required when the license includes transfer of technical knowledge or know-how
2. Regulatory Compliance: Needed when the licensed property is subject to specific regulatory requirements
3. Sub-licensing Rights: Include when the licensee is permitted to sub-license the licensed property
4. Performance Targets: Required when the license is contingent on achieving specific performance metrics
5. Territory Restrictions: Include when there are specific geographical limitations on the license
6. Export Control: Needed for licenses involving cross-border usage or international trade
7. Insurance: Include when specific insurance coverage is required for the licensed activities
8. Source Code Escrow: Required for software licenses where source code access might be needed
9. Training and Support: Include when the license includes ongoing technical support or training
1. Schedule 1 - Licensed Property: Detailed description of the intellectual property being licensed
2. Schedule 2 - Fee Structure: Detailed breakdown of license fees, royalties, and payment terms
3. Schedule 3 - Technical Specifications: Technical details and specifications of the licensed property
4. Schedule 4 - Quality Standards: Detailed quality control requirements and standards
5. Schedule 5 - Territory: Detailed description of geographical areas covered by the license
6. Schedule 6 - Approved Sub-licensees: List of pre-approved sub-licensees if applicable
7. Appendix A - Form of Reports: Templates for required periodic reports
8. Appendix B - Contact Details: Key contact information for both parties
Authors
Agreement
Background IP
Business Day
Commencement Date
Confidential Information
Effective Date
Force Majeure Event
Improvements
Initial Term
Intellectual Property Rights
Know-How
License
Licensed Product
Licensed Property
Licensed Technology
Licensed Territory
License Fee
Net Sales
Non-Exclusive Rights
Parties
Patent Rights
Permitted Purpose
Quality Standards
Quarterly Period
Renewal Term
Royalties
Specifications
Sub-license
Technical Documentation
Technical Information
Term
Territory
Third Party
Trade Marks
Working Day
Non-Exclusivity
License Fee
Royalty Payments
Term and Duration
Renewal
Termination
Quality Control
Performance Standards
Territory Restrictions
Sub-licensing
Intellectual Property Rights
Ownership
Improvements
Technical Support
Confidentiality
Data Protection
Warranties
Indemnification
Limitation of Liability
Force Majeure
Assignment
Governing Law
Dispute Resolution
Notices
Amendment
Severability
Entire Agreement
Representations
Compliance with Laws
Record Keeping
Audit Rights
Insurance
Export Control
Competition Law Compliance
Technology and Software
Manufacturing
Pharmaceuticals
Biotechnology
Media and Entertainment
Telecommunications
Research and Development
Consumer Goods
Industrial Products
Automotive
Healthcare
Education
Legal
Intellectual Property
Business Development
Commercial
Research and Development
Operations
Compliance
Technical
Innovation
Contracts
Corporate Affairs
Legal Counsel
Intellectual Property Manager
Business Development Director
Licensing Manager
Commercial Director
Chief Technology Officer
Research and Development Director
Operations Manager
Compliance Officer
Contract Manager
Chief Executive Officer
Chief Legal Officer
Technology Transfer Officer
Innovation Manager
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