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Implied License Patent
"Need an Implied License Patent agreement for our Singapore-based software company to formalize existing implied rights with a major chip manufacturer, covering both existing technology and future improvements to be implemented by March 2025."
1. Parties: Identification of licensor and licensee, including full legal names and addresses
2. Background: Context of the patent and circumstances leading to implied license, including reference to relevant patents
3. Definitions: Key terms used in the agreement including Patent, Licensed Products, Field of Use, and Territory
4. Scope of License: Extent and limitations of the implied license rights, including permitted uses and restrictions
5. Duration: Term of the implied license and conditions for termination
6. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Confidentiality: Terms regarding protection and handling of confidential information exchanged between parties
2. Dispute Resolution: Procedures for resolving disputes, including mediation and arbitration provisions
3. Territory: Geographical scope of the license and any territorial restrictions
1. Schedule 1 - Patent Details: Technical specifications and patent registration details including patent numbers and filing dates
2. Schedule 2 - Product Specifications: Detailed specifications of products covered by the implied license
3. Schedule 3 - Related Patents: List of related patents and patent applications covered by the implied license
Authors
Scope of Rights
Term and Termination
Confidentiality
Intellectual Property Rights
Restrictions and Limitations
Technical Information
Patent Marking
Quality Control
Improvements
Sub-licensing Rights
Representations and Warranties
Indemnification
Force Majeure
Assignment
Dispute Resolution
Governing Law
Notices
Severability
Entire Agreement
Competition Law Compliance
Export Control
Record Keeping
Audit Rights
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