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Patent Sharing Agreement
"Need a Patent Sharing Agreement between our biotech company and a research university, covering three specific patents in gene therapy technology, with exclusive licensing rights in North America and non-exclusive rights in Europe, starting March 2025."
1. Parties: Identification of all parties involved in the agreement, including legal names and addresses
2. Background/Recitals: Context of the agreement and brief description of the patents involved
3. Definitions: Key terms used throughout the agreement, including technical and legal terminology
4. Grant of Rights: Specific rights being granted, including scope, territory, and nature of the license
5. Term and Termination: Duration of the agreement and conditions for termination
6. Financial Terms: Payment terms, royalties, and other financial obligations
7. Confidentiality: Obligations regarding confidential information shared during the agreement
1. Improvements: Terms regarding future improvements to the patented technology - use when parties anticipate ongoing development of the technology
2. Sublicensing Rights: Terms regarding the right to sublicense to third parties - use when sublicensing might be desired by either party
3. Quality Control: Standards for implementation of the patented technology - use when product quality is crucial to brand value
4. Export Control: Compliance with export regulations - use when technology may be subject to export restrictions
1. Schedule A - Patent List: Detailed list of patents covered by the agreement
2. Schedule B - Royalty Calculations: Detailed methodology for calculating royalties
3. Schedule C - Technical Specifications: Technical details of the patented technology
4. Schedule D - Territory Definitions: Detailed description of geographical territories covered
5. Schedule E - Quality Standards: Specific quality requirements and testing procedures
Authors
Affiliate
Background IP
Confidential Information
Effective Date
Field of Use
Improvement
Licensed Patents
Licensed Products
Licensed Technology
Net Sales
Patent Rights
Royalty
Subsidiary
Technical Information
Territory
Term
Third Party
Valid Claim
Intellectual Property Rights
Know-How
Patent Family
Prosecution
Commercial Use
Sublicense
Material Breach
Force Majeure
Governing Law
Licensed Field
Patent Maintenance Fees
Ownership of Patents
License Scope
Sublicensing Rights
Territory Restrictions
Field of Use Restrictions
Royalty Payments
Financial Terms
Improvements
Technical Support
Confidentiality
Quality Control
Patent Marking
Patent Maintenance
Representations and Warranties
Indemnification
Term and Termination
Assignment
Force Majeure
Dispute Resolution
Export Control
Audit Rights
Record Keeping
Non-Competition
Patent Challenge
Most Favored Nation
Patent Prosecution
Patent Enforcement
Change of Control
Governing Law
Notice Requirements
Severability
Amendment Process
Entire Agreement
Survival
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