Patent Sharing Agreement Template for Nigeria

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Patent Sharing Agreement

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Patent Sharing Agreement

"I need a Patent Sharing Agreement for my Nigerian tech company to share our semiconductor manufacturing patents with a Japanese corporation, including provisions for future improvements and cross-licensing arrangements, with the agreement to commence on March 1, 2025."

Document background

The Patent Sharing Agreement is a crucial legal instrument used in Nigeria when two or more parties wish to establish a formal arrangement for sharing patent rights and related intellectual property. This document is essential in scenarios involving technology transfer, joint research and development initiatives, or strategic partnerships where patent rights need to be shared or cross-licensed. The agreement must comply with Nigerian patent law, particularly the Patents and Designs Act Cap P2 LFN 2004, and consider international treaty obligations. It typically includes detailed provisions on the scope of patent usage, royalty structures, quality control measures, and dispute resolution mechanisms. This type of agreement is particularly important in Nigeria's growing technology and industrial sectors, where innovation and collaborative development are becoming increasingly common.

Suggested Sections

1. Parties: Identification and details of all parties entering into the agreement

2. Background: Context of the agreement, relationship between parties, and general purpose

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Subject Matter: Specific identification of patents covered by the agreement

5. Grant of Rights: Scope and nature of rights being shared or licensed

6. Term and Territory: Duration of the agreement and geographical scope of the patent sharing

7. Financial Terms: Payment terms, royalties, and other financial considerations

8. Confidentiality: Protection of confidential information shared during the agreement

9. Representations and Warranties: Statements of fact and promises by each party regarding the patents and their rights

10. Maintenance and Prosecution: Responsibilities for maintaining and prosecuting the patents

11. Infringement: Procedures for dealing with third-party infringement and enforcement rights

12. Termination: Conditions and procedures for ending the agreement

13. General Provisions: Standard legal clauses including governing law, dispute resolution, and notices

Optional Sections

1. Improvements: Provisions dealing with new improvements to the patented technology, used when ongoing development is expected

2. Sub-licensing Rights: Terms for allowing sub-licensing, included when sub-licensing is permitted

3. Quality Control: Standards for implementation of patented technology, included for manufacturing-related patents

4. Technology Transfer: Provisions for technical support and knowledge transfer, needed when implementation requires technical assistance

5. Competition Compliance: Specific provisions ensuring compliance with competition laws, included for agreements between competitors

6. Export Control: Provisions dealing with export restrictions, needed for internationally sensitive technologies

7. Government Rights: Provisions acknowledging government rights or requirements, needed for government-funded innovations

Suggested Schedules

1. Schedule A - Patent List: Detailed list of all patents and patent applications covered by the agreement

2. Schedule B - Technical Specifications: Technical details and specifications of the patented technology

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

4. Schedule D - Territorial Restrictions: Specific details of geographical restrictions and permitted territories

5. Appendix 1 - Implementation Timeline: Timeline for implementation of the patent sharing arrangement

6. Appendix 2 - Approved Sub-licensees: List of pre-approved sub-licensees, if applicable

7. Appendix 3 - Quality Standards: Detailed quality control standards and specifications

8. Appendix 4 - Contact Details: Contact information for key personnel and notices

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Technology

Manufacturing

Pharmaceuticals

Biotechnology

Telecommunications

Automotive

Energy

Chemical

Electronics

Research and Development

Healthcare

Agriculture

Oil and Gas

Relevant Teams

Legal

Intellectual Property

Research and Development

Technology Transfer

Business Development

Compliance

Innovation

Technical Operations

Commercial

Corporate Strategy

Patent Administration

Relevant Roles

Legal Counsel

Intellectual Property Manager

Patent Attorney

Chief Technology Officer

Research Director

Innovation Manager

Licensing Manager

Business Development Director

Chief Executive Officer

Chief Legal Officer

Technology Transfer Officer

Research Scientist

Patent Engineer

Commercial Director

Compliance Officer

Find the exact document you need

Selling Intellectual Property Contract

A Nigerian law-governed agreement for the transfer of intellectual property rights between parties, ensuring complete ownership transfer and compliance with local IP legislation.

How a Sales & Marketing Lead uses Genie AI to reduce contract drafting time by 95%

Let's create your Patent Sharing Agreement

Authors

Alex Denne

Find the exact document you need

Selling Intellectual Property Contract

Software Intellectual Property Agreement

Patent Non Disclosure Agreement

Joint Development Agreement Intellectual Property

IP Collaboration Agreement

Agreement To Protect Intellectual Property

Intellectual Property Rights Contract

Intellectual Property Lease Agreement

Option Agreement Intellectual Property

Assignment And License Of Patent

Royalty Agreement For Intellectual Property

Software Intellectual Property Rights Agreement

Transfer Of Trademark Agreement

Exclusive Copyright License Agreement

Research Collaboration Agreement Intellectual Property

Patent Sharing Agreement

Copyright Purchase Agreement

Logo Copyright Transfer Agreement

Intellectual Property Ownership Contract

Copyright License Agreement For Artwork

Trade Secret Contract

Trademark Sale Agreement

Trademark Co Existence Agreement

Non Disclosure Agreement Proprietary Information

Joint Copyright Ownership Agreement

Intellectual Property Rights Software Development Contract

Copyright License Agreement For Music

Intellectual Property Rights Agreement

Intellectual Property Employment Contract

Collaboration Agreement Intellectual Property

IP Ownership Agreement

Intellectual Property Partnership Agreement

IP Assignment Agreement

Intellectual Property Security Agreement

Intellectual Property Agreement For Employees

Copyright Ownership Agreement

Non Disclosure Agreement Trade Secret

Trade Secret Agreement

Patent Assignment Agreement

Confidential Information And Invention Assignment Agreement

Proprietary Information Agreement

Confidentiality Agreement For Intellectual Property

Trademark Assignment Agreement

Intellectual Property Transfer Agreement

Intellectual Property Non Disclosure Agreement

Trademark License Agreement

IP License Agreement

Employee Intellectual Property Assignment Agreement

Copyright Assignment Agreement

Download our whitepaper on the future of AI in Legal

Genie’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Commercial

Employment

IP

Administration

Finance

R&D

Use Cases