Document background
The Master License Agreement serves as the foundational document for establishing and managing licensing relationships in the South African context. It is typically used when a company (licensor) needs to grant another entity (licensee) the right to use its intellectual property, software, or technology under specific terms and conditions. This agreement is particularly important in South Africa where it must comply with various local regulations including the Copyright Act, Consumer Protection Act, and POPIA. The Master License Agreement provides a comprehensive framework that can be supplemented with product-specific schedules, making it efficient for managing multiple licensed products or services under a single master terms structure. It includes essential provisions for protecting intellectual property rights, ensuring fair commercial terms, and maintaining compliance with South African legal requirements while facilitating business growth and technology transfer.
