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Cross License Agreement
"Need a Cross License Agreement for two software companies to mutually license their AI patents in Singapore, with one company based in Singapore and one in Japan, to be effective from March 2025."
1. Parties: Identification and details of all parties entering into the cross-license agreement
2. Background: Context of the agreement, including brief description of each party's intellectual property rights and motivation for cross-licensing
3. Definitions: Key terms used throughout the agreement, including specific IP definitions, territory, and technical terms
4. Grant of License: Explicit mutual grant of rights, including scope, territory, and field of use
5. Term and Termination: Duration of the agreement and circumstances for termination
6. Confidentiality: Obligations regarding confidential information exchanged
7. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Royalties and Payments: Financial terms if the cross-license involves monetary compensation
2. Quality Control: Standards and requirements for using licensed IP
3. Improvements: Rights and obligations regarding improvements to licensed IP
4. Sub-licensing Rights: Terms regarding the ability to sub-license
1. Schedule 1: Licensed Patents: Detailed list of patents covered by the agreement
2. Schedule 2: Licensed Trademarks: Detailed list of trademarks covered by the agreement
3. Schedule 3: Technical Documentation: Technical specifications and documentation related to licensed IP
4. Schedule 4: Quality Control Standards: Detailed quality control requirements and procedures
5. Schedule 5: Royalty Calculation: Detailed methodology for calculating royalties if applicable
Authors
Background IP
Confidential Information
Effective Date
Field of Use
Improvements
Licensed Patents
Licensed Products
Licensed Technology
Licensed Trademarks
Licensee
Licensor
Net Sales
Patents
Patent Rights
Proprietary Information
Subsidiary
Technical Documentation
Technology
Term
Territory
Third Party
Trade Secrets
Valid Claim
Intellectual Property Rights
Working Day
Cross-Licensed IP
Derivative Works
Implementation
Quality Standards
Scope of License
Territory
Term and Duration
Royalties
Confidentiality
Warranties
Quality Control
Improvements
Sub-licensing
Technical Assistance
Intellectual Property Rights
Registration
Record Keeping
Infringement
Indemnification
Force Majeure
Assignment
Termination
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Amendment
Third Party Rights
Competition Law Compliance
Export Control
Representations
Best Efforts
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