Consortium Agreement A (mutual non-exclusive license)
Publisher one
Lambert ToolkitJurisdiction
England and WalesContract party
Relevant sectors
Type of legal document
💼 Consortium AgreementBusiness activity
Create a consortiumA consortium agreement is a contract between two or more parties who agree to cooperate on a project or venture. The agreement sets out the terms of the relationship between the parties, and the roles and responsibilities of each party. The agreement may also include provisions for the sharing of resources, and the division of profits.
The template serves as a framework for parties who wish to collaborate, share resources, and jointly exploit intellectual property while maintaining individual ownership and commercial rights. It establishes the rights and obligations of each member of the consortium, ensuring a fair and transparent arrangement.
The agreement covers various crucial aspects, including the scope of the licensed rights, the permitted use of the licensed intellectual property, the term and termination provisions, financial considerations such as royalties or sharing of profits, dispute resolution mechanisms, as well as confidentiality and governing law clauses.
Since this template is specifically created with reference to UK law, it reflects the legal requirements and considerations applicable in the United Kingdom. It ensures compliance with the relevant legislative frameworks, such as the Intellectual Property Act 2014 or any other UK-specific regulations governing intellectual property licensing.
Parties making use of this legal template can customize it to suit their specific needs and tailor the agreement accordingly. It provides a solid foundation for consortium members to protect their intellectual property rights, facilitate collaboration, and establish clear guidelines for the operation and management of the consortium.
It is important to note that this template is a general guide and may not address every unique circumstance or requirement of the parties involved. It is always recommended that legal advice be sought to ensure the agreement is tailored to the precise needs of the consortium members and complies with all applicable laws and regulations.
How it works
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
Similar legal templates
Truck Driver Contract
This Truck Driver contract template is designed for a commercial logistics organisation (or an individual truck driver) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of logistics and logistics-related services to be completed by the truck driver on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the logistics firm or individual truck driver on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).
Publisher
Genie AIJurisdiction
England and WalesTermination Letter For Employee On Maternity Leave Following Redundancy Consultation
Publisher
Genie AIJurisdiction
England and WalesTUPE Advice Letter To Employees
This letter aims to inform employees about the impact of a TUPE transfer on their employment rights, terms and conditions, and any potential changes they may face as a result. It outlines the legal framework and provisions applicable to the transfer, clarifying how employees' roles, obligations, and benefits will be affected during and after the transfer process.
Included in this template are explanations regarding the continuity of employment, protection against unfair dismissal, the importance of transferring employee data, potential changes in contractual terms, and any consultations or negotiations taking place between the transferring organizations. The letter may also address the transferor and transferee's responsibilities, such as sharing relevant employee information and ensuring transparency throughout the process.
Overall, the TUPE Advice Letter To Employees is a crucial document that aims to ensure employees fully understand their rights, entitlements, and any potential changes resulting from a business transfer or service provision change, enabling them to make informed decisions about their employment.
