Intellectual Property Lease Agreement Template for New Zealand

1. Development Rights: Used when the lessee is permitted to develop or modify the IP

2. Sublicensing Rights: Include when the lessee is permitted to sublicense the IP to third parties

3. Technology Transfer: Required when technical knowledge or support is needed for IP implementation

4. Performance Obligations: Include when specific performance targets or minimums are required

5. Insurance: Used when specific insurance coverage is required for IP use

6. Competition Restrictions: Include when there are restrictions on competing products/services

7. Change of Control: Used when change in company ownership affects the agreement

8. Source Code Escrow: For software IP where source code needs to be held in escrow

1. Schedule 1 - IP Description: Detailed description of all IP assets covered by the lease, including registration numbers

2. Schedule 2 - Payment Terms: Detailed payment schedule, calculation methods for royalties, and reporting requirements

3. Schedule 3 - Technical Specifications: Technical details and specifications for the IP implementation

4. Schedule 4 - Quality Standards: Detailed quality control requirements and standards

5. Schedule 5 - Approved Use Cases: Specific approved uses and applications of the IP

6. Schedule 6 - Territory Definition: Detailed description of geographical territories where IP can be used

7. Appendix A - IP Documentation: Copies of relevant IP registrations and certificates

8. Appendix B - Form of Reports: Templates for required reporting under the agreement