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Perpetual Royalty License
"I need a Perpetual Royalty License agreement for licensing our proprietary software algorithm to manufacturers in the EU, with quarterly royalty payments of 5% of net sales and specific provisions for source code protection and technical support obligations."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement, including description of the intellectual property and parties' intentions
3. Definitions: Detailed definitions of key terms used throughout the agreement, including 'Licensed IP', 'Royalties', and 'Territory'
4. Grant of License: Scope of the license, including territory, field of use, and any restrictions
5. Royalty Obligations: Detailed structure of royalty payments, calculation methods, and payment terms
6. Reporting and Auditing: Requirements for financial reporting and licensor's audit rights
7. IP Ownership and Protection: Confirmation of IP ownership, obligations regarding IP protection and enforcement
8. Representations and Warranties: Parties' representations regarding IP ownership, right to license, and other key assertions
9. Term and Termination: Perpetual nature of the license and any termination rights for material breach
10. Confidentiality: Obligations regarding confidential information exchange
11. Governing Law and Jurisdiction: Specification of Dutch law application and jurisdiction for disputes
12. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Quality Control: Required when the license involves trademarks or branding requirements
2. Sublicensing Rights: Include when licensee is permitted to sublicense the IP to third parties
3. Improvements: Include when parties want to address ownership and licensing of improvements to the Licensed IP
4. Minimum Royalty Guarantees: Include when licensor requires minimum periodic royalty payments
5. Export Control: Required when the licensed IP may be subject to international trade restrictions
6. Source Code Escrow: Include for software-related licenses where source code access may be needed
7. Technology Transfer: Include when initial technology or knowledge transfer is required
1. Schedule 1 - Licensed IP Description: Detailed description of all intellectual property covered by the license
2. Schedule 2 - Royalty Calculation Methods: Detailed formulas and examples for calculating royalties
3. Schedule 3 - Reporting Templates: Standard forms for periodic royalty reporting
4. Schedule 4 - Technical Specifications: Technical details and requirements for licensed technology
5. Appendix A - Approved Products: List of products approved for commercialization under the license
6. Appendix B - Territory Definition: Detailed description of geographic territories covered by the license
7. Appendix C - Quality Standards: Quality requirements and specifications for licensed products or services
Authors
Affiliate
Applicable Law
Confidential Information
Effective Date
Force Majeure
Gross Revenue
Improvements
Intellectual Property Rights
Licensed IP
Licensed Products
Licensed Technology
Net Sales
Patents
Permitted Use
Quality Standards
Quarter
Records
Reporting Period
Royalties
Royalty Rate
Subsidiary
Technical Documentation
Territory
Third Party
Trademarks
Trade Secrets
Working Day
Year
Know-How
Licensed Field
Background IP
Foreground IP
Intellectual Property Claims
Commercialization
Material Breach
Regulatory Approvals
Technical Specifications
Audit Period
Confidentiality Period
Dispute
Improvement License
Licensed Methods
Payment Currency
Reporting Requirements
Sublicense
Technical Information
Grant of License
Royalty Payments
Payment Terms
Reporting Requirements
Audit Rights
IP Rights and Ownership
IP Protection
Quality Control
Confidentiality
Warranties and Representations
Indemnification
Term and Termination
Force Majeure
Assignment
Governing Law
Dispute Resolution
Notices
Entire Agreement
Amendments
Severability
Waiver
Third Party Rights
Competition Law Compliance
Record Keeping
Technical Support
Technology Transfer
Improvements
Sublicensing
Territory Restrictions
Non-Competition
Export Control
Data Protection
Insurance
Regulatory Compliance
Tax
Performance Obligations
Enforcement Rights
Change of Control
Survival
Technology
Manufacturing
Pharmaceuticals
Biotechnology
Software Development
Consumer Products
Industrial Equipment
Media and Entertainment
Telecommunications
Research and Development
Healthcare
Automotive
Energy
Chemical Industry
Legal
Intellectual Property
Finance
Research and Development
Business Development
Commercial
Compliance
Technology Transfer
Innovation
Contracts
Treasury
Corporate Development
Legal Counsel
IP Attorney
Licensing Manager
Business Development Director
Chief Technology Officer
Chief Financial Officer
Research Director
Commercial Director
Patent Attorney
Finance Manager
Compliance Officer
Technology Transfer Officer
Innovation Manager
Contract Manager
Corporate Counsel
Find the exact document you need
Perpetual Royalty License
Dutch law-governed perpetual license agreement establishing ongoing royalty payments for intellectual property rights usage.
Non Exclusive Royalty License
A Dutch law-governed Non-Exclusive Royalty License agreement for licensing intellectual property rights while allowing the licensor to grant similar rights to others.
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A Dutch law-governed Royalty Fee License agreement establishing terms for IP licensing and royalty payments between licensor and licensee.
License And Royalty Agreement
A Dutch law-governed agreement establishing intellectual property licensing terms and royalty payment structures between licensor and licensee.
Royalty Contract
Dutch law-governed agreement establishing terms for royalty payments in exchange for intellectual property usage rights.
Royalty Agreement Contract
Dutch law-governed agreement establishing terms for royalty payments in exchange for intellectual property usage rights.
Revenue Royalty Agreement
Dutch law-governed agreement establishing revenue-based royalty payments between rights holders and commercial partners, including calculation methods and payment terms.
Royalty Purchase Agreement
A Dutch law-governed agreement for the sale and purchase of royalty rights, detailing transfer terms, payment mechanisms, and ongoing obligations.
Royalty Share Agreement
A Dutch law agreement establishing terms for sharing royalty revenues from intellectual property, products, or services, including calculation methods and payment terms.
Royalty Agreement
Dutch law-governed agreement establishing terms for intellectual property licensing and royalty payments between licensor and licensee.
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