This License And Supply Agreement template is designed for use in commercial relationships where one party holds valuable intellectual property rights and also supplies related products or materials to another party. The agreement is governed by Austrian law and incorporates relevant provisions from the Austrian Civil Code (ABGB) and Commercial Code (UGB). It is particularly useful in scenarios where technology transfer or IP licensing needs to be combined with ongoing supply arrangements, such as manufacturing and distribution relationships, technology implementations, or specialized product supply chains. The document includes comprehensive provisions for both the licensing aspect (including IP rights, usage restrictions, and protections) and the supply relationship (covering ordering, quality, delivery, and pricing), while ensuring compliance with Austrian competition law and commercial regulations. This type of agreement is commonly used in industrial, technological, and commercial sectors where intellectual property and physical products are intrinsically linked.
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1. Parties: Identification and details of the contracting parties
2. Background: Context of the agreement and relationship between the parties
3. Definitions: Defined terms used throughout the agreement
4. Grant of License: Scope, nature, and terms of the license granted
5. Supply Obligations: Core supply terms, minimum purchase commitments, forecasting
6. Quality Requirements: Product specifications, quality standards, and compliance requirements
7. Ordering and Delivery: Process for ordering, delivery terms, and logistics
8. Prices and Payment: Pricing structure, payment terms, and invoicing
9. Intellectual Property Rights: Ownership and protection of IP rights
10. Confidentiality: Protection of confidential information
11. Term and Termination: Duration, renewal, and termination provisions
12. Warranties and Indemnities: Warranties, representations, and indemnification obligations
13. Liability: Limitation of liability and exclusions
14. Force Majeure: Events excusing performance
15. Governing Law and Jurisdiction: Applicable law and dispute resolution
16. General Provisions: Miscellaneous legal provisions including assignment, notices, and amendments
1. Regulatory Compliance: Include when products are subject to specific regulatory requirements
2. Quality Agreement: Include for pharmaceutical or medical device products
3. Territory Restrictions: Include when license or supply is limited to specific geographical areas
4. Non-Competition: Include when parties agree to restrict competitive activities
5. Marketing and Promotion: Include when parties collaborate on marketing activities
6. Training and Support: Include when technical training or support is part of the arrangement
7. Insurance: Include when specific insurance requirements are necessary
8. Data Protection: Include when personal data processing is involved
9. Source Code Escrow: Include for software licensing arrangements
10. Change Control: Include when formal change management procedures are required
1. Product Specifications: Detailed technical specifications of products
2. Price List: Detailed pricing structure and terms
3. Quality Standards: Specific quality requirements and testing procedures
4. Service Levels: Performance metrics and service level requirements
5. Licensed Materials: Details of licensed intellectual property
6. Territory: Detailed description of geographical territories
7. Minimum Purchase Commitments: Specific volume commitments and related terms
8. Technical Support Requirements: Support and maintenance specifications
9. Approved Subcontractors: List of approved third-party suppliers or contractors
10. Form of Purchase Order: Template for ordering products
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