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Patent Cross License
"Need a Patent Cross License agreement under Singapore law for our semiconductor company to exchange patent rights with a major electronics manufacturer, including provisions for future improvements and sublicensing rights to subsidiaries, to be effective from March 2025."
1. Parties: Identification of the contracting parties, including registered addresses and company details
2. Background: Context of the agreement and brief description of parties' patent portfolios
3. Definitions: Key terms used throughout the agreement, including 'Licensed Patents', 'Field of Use', 'Territory'
4. Grant of License: Scope of cross-license, including rights granted and restrictions
5. Term and Termination: Duration of agreement and circumstances for termination
6. Consideration: Financial terms, including any royalties or payments
7. Representations and Warranties: Statements about patent ownership and validity
8. Governing Law: Singapore law provisions and jurisdiction
1. Improvements: Treatment of future improvements to licensed patents - use when parties anticipate ongoing development of the technology
2. Sublicensing Rights: Rights to grant sublicenses to third parties - use when parties may need to extend rights to affiliates or third parties
3. Export Controls: Compliance with export regulations - use when technology is subject to export restrictions
4. Most Favored Nation: Provisions ensuring best available terms - use when parties want to ensure competitive terms
1. Schedule A - Licensed Patents: List of patents covered by the agreement, including patent numbers and jurisdictions
2. Schedule B - Technical Field Definition: Detailed description of the technical field or fields covered by the license
3. Schedule C - Royalty Calculations: If applicable, detailed methodology for calculating royalties
4. Schedule D - Reporting Templates: Standard forms for any required periodic reporting
5. Appendix 1 - Patent Family Trees: Visual representation of patent families included in the license
Authors
Affiliate
Background Patents
Confidential Information
Effective Date
Field of Use
Improvements
Licensed Patents
Licensed Products
Net Sales
Patent Rights
Patent Family
Prosecution
Related Patents
Subsidiary
Technical Field
Territory
Term
Third Party
Valid Claim
Implementation
Licensed Technology
Intellectual Property Rights
Royalty Period
Commercially Reasonable Efforts
Essential Patents
Have Made Rights
Non-Assert Covenants
Patent Prosecution Costs
Reciprocal Rights
Cross License Rights
Field of Use Restrictions
Territory Restrictions
Consideration
Royalties
Term and Duration
Termination Rights
Representations and Warranties
Patent Prosecution
Patent Maintenance
Improvements
Sublicensing
Non-Assert
Confidentiality
Record Keeping
Audit Rights
Assignment
Force Majeure
Dispute Resolution
Governing Law
Patent Marking
Most Favored Nation
Export Control
Indemnification
Insurance
Notice
Severability
Entire Agreement
Amendment
Waiver
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