The Co-Exclusive License Agreement is a specialized legal instrument used when an intellectual property owner wishes to grant exclusive rights to multiple parties while maintaining certain restrictions and controls. This document is particularly relevant in the UAE market where businesses often require local partnerships while maintaining international standards. It includes detailed provisions for territorial rights, revenue sharing, quality control, and compliance with UAE Federal Laws including intellectual property regulations, commercial agency laws, and competition requirements. The agreement is commonly used in technology transfer, manufacturing arrangements, or distribution rights where multiple licensees need to operate exclusively within defined parameters without competing directly with each other.
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1. Parties: Identification of licensor and all co-exclusive licensees with full legal details
2. Background: Context of the agreement, description of the licensed rights, and purpose of the co-exclusive arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of License: Scope of the co-exclusive license, territory, and field of use
5. Co-Exclusivity Terms: Specific terms governing the relationship between co-licensees and their respective rights
6. License Fee and Royalties: Financial terms, payment schedules, and royalty calculations
7. Term and Termination: Duration of the license and circumstances for termination
8. Obligations of the Licensor: Licensor's duties, warranties, and ongoing responsibilities
9. Obligations of the Licensees: Licensees' duties, performance requirements, and reporting obligations
10. Intellectual Property Protection: Provisions for maintaining and protecting the licensed IP rights
11. Quality Control: Standards and procedures for maintaining quality of licensed products/services
12. Confidentiality: Protection of confidential information and trade secrets
13. Governing Law and Jurisdiction: Specification of UAE law governance and dispute resolution procedures
14. General Provisions: Standard boilerplate clauses including notices, assignment, and amendments
1. Sub-licensing Rights: Include when licensees are permitted to grant sub-licenses
2. Technology Transfer: Include when technical knowledge or know-how transfer is part of the license
3. Research and Development: Include when ongoing R&D collaboration is part of the arrangement
4. Manufacturing Rights: Include when the license involves manufacturing rights
5. Export Controls: Include when licensed products/services are subject to export regulations
6. Competition Compliance: Include detailed competition compliance terms when licensees are competitors
7. Improvement Rights: Include when parties agree to share improvements to the licensed technology
8. Marketing and Promotion: Include when specific marketing arrangements between co-licensees are needed
1. Schedule 1 - Licensed Rights: Detailed description of intellectual property being licensed
2. Schedule 2 - Territory Allocation: Geographical breakdown of territories for each co-licensee
3. Schedule 3 - Royalty Calculations: Detailed formulas and examples for calculating royalties
4. Schedule 4 - Quality Standards: Specific quality requirements and testing procedures
5. Schedule 5 - Reporting Templates: Standard forms for periodic reporting by licensees
6. Schedule 6 - Technical Specifications: Technical details of licensed technology or products
7. Appendix A - Approved Sub-contractors: List of approved third parties for manufacturing or distribution
8. Appendix B - Brand Guidelines: Guidelines for use of licensed trademarks and branding
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