Document background
In today's dynamic business environment, organizations and individuals frequently need to grant or receive rights for multiple uses of intellectual property, products, or services. This Multi Use License agreement, governed by Malaysian law, serves as a comprehensive framework for such arrangements. It is particularly valuable when the licensed material needs to be used across various applications, platforms, or contexts by the licensee. The document incorporates essential elements required under Malaysian legislation, including the Copyright Act 1987, Contracts Act 1950, and relevant intellectual property regulations. It provides detailed provisions for usage rights, restrictions, quality control, territorial limitations, and payment structures, while ensuring adequate protection for all parties involved. This agreement is suitable for both digital and physical properties, accommodating various business models and licensing arrangements within the Malaysian legal framework.
