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1. Parties: Identification of the Licensor and Licensee with full legal names and addresses
2. Background: Context of the agreement, including brief description of the licensed property and purpose of the license
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of License: Explicit statement of the sole and exclusive license grant, including territorial scope
5. License Period: Duration of the license, including commencement date and termination date
6. Licensed Property: Detailed description of the intellectual property being licensed
7. License Fees and Payment Terms: Financial terms including license fees, royalties, payment schedule and method
8. Obligations of the Licensor: Licensor's duties including maintaining IP rights and providing technical support
9. Obligations of the Licensee: Licensee's responsibilities including quality standards, reporting, and minimum performance requirements
10. Quality Control: Standards and procedures for maintaining quality of licensed products or services
11. Intellectual Property Protection: Provisions for protecting and enforcing IP rights
12. Confidentiality: Protection of confidential information exchanged during the license period
13. Termination: Grounds and procedures for termination, including consequences
14. Post-Termination Obligations: Obligations of parties after agreement ends
15. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
1. Sub-licensing Rights: Include when licensee is permitted to grant sub-licenses
2. Technology Transfer: Include when license involves transfer of technical knowledge or know-how
3. Export Controls: Include when licensed property may be subject to export restrictions
4. Insurance: Include when specific insurance requirements are needed for high-risk licenses
5. Marketing and Promotion: Include when specific marketing obligations or restrictions apply
6. Improvements: Include when dealing with future improvements to the licensed property
7. Competition Restrictions: Include when specific non-compete provisions are required
8. Change of Control: Include when agreement needs to address ownership changes of either party
1. Schedule 1 - Licensed Property Specifications: Detailed technical specifications of the licensed property
2. Schedule 2 - Quality Control Standards: Detailed quality control procedures and standards
3. Schedule 3 - Fee Schedule: Detailed breakdown of all fees, royalties and payment terms
4. Schedule 4 - Approved Territory: Detailed description of geographical territory covered by license
5. Schedule 5 - Reporting Requirements: Templates and procedures for required reports
6. Appendix A - Technical Documentation: Technical manuals or documentation related to licensed property
7. Appendix B - Brand Guidelines: Guidelines for use of trademarks or branding elements
Applicable Laws
Approved Territory
Business Day
Commencement Date
Confidential Information
Effective Date
Force Majeure
Gross Sales
Improvements
Initial Term
Intellectual Property Rights
Know-How
License
Licensed Products
Licensed Property
Licensed Rights
Licensed Technology
Licensee
Licensor
Minimum Performance Requirements
Net Sales
Quality Standards
Renewal Term
Royalties
Technical Documentation
Technical Information
Term
Territory
Trade Marks
UAE
Working Days
Grant of License
Exclusivity
Territory
Term and Renewal
License Fees
Royalty Payments
Payment Terms
Quality Control
Performance Requirements
Intellectual Property Rights
Technical Support
Confidentiality
Non-Competition
Warranties and Representations
Indemnification
Insurance
Record Keeping
Audit Rights
Reports and Inspections
Sub-licensing
Assignment
Force Majeure
Termination
Post-Termination Obligations
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Amendments
Language
Registration
Compliance with Laws
Export Control
Technology
Manufacturing
Pharmaceuticals
Consumer Goods
Media and Entertainment
Software and IT
Fashion and Luxury Goods
Automotive
Healthcare
Telecommunications
Industrial Products
Retail
Food and Beverage
Legal
Intellectual Property
Commercial Operations
Business Development
Licensing
Compliance
Research and Development
Strategy
Operations
Finance
Corporate Affairs
Legal Counsel
Intellectual Property Manager
Commercial Director
Business Development Manager
Licensing Manager
Contract Manager
Chief Legal Officer
Chief Technology Officer
Head of Intellectual Property
Commercial Operations Manager
General Counsel
IP Rights Manager
Business Strategy Director
Innovation Manager
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