Royalty Bearing License Template for Austria

1. Minimum Royalty Payments: Required when the licensor wants to ensure a minimum income regardless of sales performance

2. Sub-licensing Rights: Include when the licensee is permitted to grant sub-licenses

3. Development Obligations: Necessary when the license includes obligations to further develop the licensed property

4. Marketing and Promotion: Include when specific marketing obligations are imposed on the licensee

5. Export Control: Required when the licensed property may be subject to export restrictions

6. Source Code Escrow: Include for software licenses where source code access may be needed in specific circumstances

7. Data Protection: Required when the licensed technology involves processing personal data

8. Insurance Requirements: Include when specific insurance coverage is required for the licensed activities

9. Competition Law Compliance: Required for licenses that might impact market competition

10. Change of Control: Include when rights/obligations should change upon change in company ownership

1. Licensed Property: Detailed description of the intellectual property being licensed

2. Royalty Calculation Methods: Detailed formulas and examples for calculating royalties

3. Technical Specifications: Technical details and requirements for using the licensed property

4. Quality Control Standards: Detailed quality requirements and testing procedures

5. Approved Sub-licensees: List of pre-approved sub-licensees if applicable

6. Reporting Templates: Standard forms for royalty reporting and calculations

7. Territory Definition: Detailed description of geographical territories covered by the license

8. Trademark Usage Guidelines: Specific requirements for using licensed trademarks

9. Contact Details: Key contacts for both parties for various aspects of the agreement

10. Milestone Schedule: Timeline for any development or implementation milestones