Intellectual Property Lease Agreement Template for Nigeria

1. Technology Transfer: Required when the IP lease involves technical knowledge transfer or training

2. Sub-licensing Rights: Include when the lessee is permitted to sub-license the IP rights

3. Export Control: Necessary for international agreements involving controlled technology

4. Local Content Requirements: Include when Nigerian local content laws apply to the IP implementation

5. Currency and Exchange Rate: Required for international agreements with foreign currency payments

6. Insurance: Include when specific insurance coverage is required for IP use

7. Source Code Escrow: Necessary for software-related IP leases

8. Competition Compliance: Required when the agreement might impact market competition

9. Data Protection: Include when personal data processing is involved in IP usage

1. Schedule 1 - IP Assets Description: Detailed technical description of all IP assets covered by the lease

2. Schedule 2 - Payment Schedule: Detailed breakdown of payments, including calculation methods and due dates

3. Schedule 3 - Technical Specifications: Technical requirements and standards for IP usage

4. Schedule 4 - Quality Control Procedures: Detailed procedures for maintaining quality standards

5. Schedule 5 - Approved Sub-contractors: List of approved sub-contractors or third parties who may access the IP

6. Appendix A - Form of Reports: Templates for required regular reports on IP usage

7. Appendix B - Contact Details: Key contact persons and their details for both parties

8. Appendix C - NOTAP Requirements: Documentation required for NOTAP registration if applicable