Technology Transfer License Agreement Template for Malaysia

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Key Requirements PROMPT example:

Technology Transfer License Agreement

"I need a Technology Transfer License Agreement for transferring proprietary software technology from our Malaysian tech company to a manufacturing partner in Singapore, with specific emphasis on data security protocols and implementation training to be completed by March 2025."

Document background
The Technology Transfer License Agreement is a crucial document used when organizations seek to formally transfer or license technology, technical knowledge, or intellectual property rights in Malaysia. This agreement is essential for businesses, research institutions, and organizations engaging in technology commercialization, ensuring compliance with Malaysian intellectual property laws, technology transfer regulations, and relevant international standards. The document covers comprehensive aspects including technical specifications, implementation procedures, quality requirements, training provisions, and commercial terms. It's particularly important in cross-border technology transfers, requiring careful consideration of Malaysian foreign investment laws, export controls, and competition regulations. The agreement should be structured to protect both parties' interests while facilitating effective technology transfer and implementation.
Suggested Sections

1. Parties: Identification of the licensor and licensee with full legal names and addresses

2. Background: Context of the agreement, brief description of the technology, and parties' intentions

3. Definitions: Detailed definitions of technical terms, licensed technology, and other key terms used in the agreement

4. Grant of License: Scope of the license, territory, exclusivity/non-exclusivity, and field of use

5. Technology Transfer Process: Details of how the technology will be transferred, including timelines and delivery methods

6. Payment Terms: License fees, royalties, payment schedules, and calculation methods

7. Protection of Intellectual Property: IP ownership, rights retention, and protection measures

8. Confidentiality: Protection of confidential information and trade secrets

9. Technical Support and Documentation: Obligations regarding technical assistance and documentation provision

10. Quality Control: Standards and quality requirements for technology implementation

11. Representations and Warranties: Parties' representations regarding technology ownership, functionality, and rights to license

12. Term and Termination: Duration of agreement, renewal terms, and termination conditions

13. Post-Termination Obligations: Obligations and rights of parties after agreement termination

14. Governing Law and Jurisdiction: Applicable law and dispute resolution mechanisms

Optional Sections

1. Training and Personnel: Include when the transfer requires specific training or personnel exchanges

2. Improvements and Modifications: Add when parties want to address rights to future improvements or modifications

3. Export Control: Required when technology is subject to export control regulations

4. Environmental Compliance: Include for technologies with environmental impact or requirements

5. Manufacturing Rights: Add when the license includes rights to manufacture using the technology

6. Marketing and Branding: Include when the agreement involves use of trademarks or marketing rights

7. Performance Targets: Add when specific performance or commercialization targets are required

8. Insurance Requirements: Include when specific insurance coverage is needed for technology implementation

Suggested Schedules

1. Schedule A - Technical Specifications: Detailed technical specifications of the licensed technology

2. Schedule B - Implementation Plan: Step-by-step plan for technology transfer and implementation

3. Schedule C - Royalty Calculations: Detailed methodology for calculating royalties and payments

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

5. Schedule E - Training Program: Detailed training schedule and requirements if applicable

6. Schedule F - Technical Documentation: List of all technical documents to be provided

7. Schedule G - Performance Metrics: Specific performance indicators and measurement methods

8. Appendix 1 - Contact Details: Key contact persons and their details for both parties

9. Appendix 2 - Required Certifications: List of required certifications and compliance documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Relevant Industries

Information Technology

Manufacturing

Biotechnology

Pharmaceutical

Automotive

Aerospace

Chemical Processing

Electronics

Renewable Energy

Telecommunications

Healthcare Technology

Agricultural Technology

Industrial Automation

Research & Development

Relevant Teams

Legal

Intellectual Property

Research & Development

Technical Operations

Business Development

Finance

Compliance

Quality Assurance

Product Development

Commercial Operations

Relevant Roles

Chief Technology Officer

Intellectual Property Manager

Legal Counsel

Technology Transfer Officer

Research & Development Director

Commercial Director

Licensing Manager

Technical Project Manager

Innovation Manager

Business Development Director

Compliance Officer

Operations Director

Chief Financial Officer

Quality Assurance Manager

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

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