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Mutual License Agreement
"I need a Mutual License Agreement under Singapore law for a software company licensing AI technology to a healthcare provider, while receiving a license to use the healthcare provider's medical datasets, with specific provisions for data privacy and quality control standards."
1. Parties: Identification and details of all parties entering into the agreement
2. Background/Recitals: Context and purpose of the agreement, including brief description of each party's business
3. Definitions: Key terms used throughout the agreement
4. Grant of License: Specific rights being granted by each party, including scope and territory
5. Term and Termination: Duration of agreement and circumstances for termination
6. Intellectual Property Rights: Ownership and protection of IP rights
7. Confidentiality: Protection of confidential information exchanged
8. Warranties and Representations: Assurances given by each party
9. Governing Law and Jurisdiction: Applicable law and dispute resolution mechanisms
1. Quality Control: Standards and requirements for licensed products/services when quality maintenance is required
2. Royalties: Payment terms and calculation methods for monetary compensation
3. Sub-licensing Rights: Terms for granting rights to third parties when sub-licensing is permitted
4. Territory Restrictions: Geographical limitations of the license for territory-specific agreements
5. Insurance: Required insurance coverage for situations with significant liability risks
1. Licensed IP Schedule: Detailed list of intellectual property covered by the agreement
2. Technical Specifications: Technical details of licensed technology or products
3. Quality Standards: Detailed quality requirements and testing procedures
4. Fee Schedule: Detailed breakdown of fees, royalties, and payment terms
5. Approved Sub-licensees: List of approved sub-licensees if applicable
Authors
Confidential Information
Effective Date
Field of Use
Intellectual Property Rights
Licensed IP
Licensed Products
Licensed Technology
License Fee
Improvements
Know-How
Patent Rights
Proprietary Information
Related Rights
Royalties
Scope of License
Technical Documentation
Term
Territory
Trade Marks
Trade Secrets
Background IP
Foreground IP
Net Sales
Affiliate
Sub-licensee
Quality Standards
Permitted Purpose
Working Day
Force Majeure Event
Scope of License
Territory
Term and Duration
Intellectual Property Rights
Ownership
Quality Control
Technical Support
Confidentiality
Data Protection
Warranties and Representations
Indemnification
Limitation of Liability
Royalties and Payments
Record Keeping
Audit Rights
Sub-licensing
Non-Competition
Improvements
Research and Development
Maintenance and Support
Marketing and Promotion
Compliance with Laws
Force Majeure
Assignment
Termination
Post-Termination Obligations
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Amendment
Third Party Rights
Counterparts
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