The Intercompany License Agreement is essential for multinational organizations operating in Belgium that need to formalize the sharing and exploitation of intellectual property rights between group entities. This document is particularly relevant when a group company owns valuable IP (such as patents, trademarks, copyright, or know-how) that needs to be licensed to other group members for their operations. The agreement must comply with Belgian law and EU regulations, particularly regarding transfer pricing, competition law, and IP protection. It typically includes detailed provisions on license scope, payment terms, quality control, and compliance requirements. This template is specifically designed for intra-group arrangements, reflecting the close relationship between parties while maintaining necessary formality for regulatory compliance.
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1. Parties: Identification of the licensor and licensee entities, including registration details
2. Background: Context of the agreement and relationship between the parties
3. Definitions: Key terms used throughout the agreement
4. Grant of License: Scope, nature (exclusive/non-exclusive), and territory of the license
5. Payment Terms: License fees, payment schedule, and transfer pricing compliance
6. Intellectual Property Rights: Ownership, protection, and maintenance of licensed IP
7. Confidentiality: Protection of confidential information exchanged under the agreement
8. Term and Termination: Duration, renewal, and termination provisions
9. Warranties: Basic warranties regarding ownership and right to license
10. Liability and Indemnification: Risk allocation between group companies
11. Governing Law and Jurisdiction: Belgian law provisions and dispute resolution
12. General Provisions: Standard boilerplate clauses including notices, amendments, etc.
1. Quality Control: Required if the license involves trademarks or brand usage
2. Maintenance and Support: Needed if the license covers software or technical solutions
3. Data Protection: Required if personal data processing is involved
4. Export Control: Necessary if licensed items are subject to export regulations
5. Sub-licensing Rights: Include if sublicensing to other group companies is permitted
6. Improvement Rights: Required if parties will develop improvements to licensed IP
7. Tax Provisions: Detailed tax clauses if complex cross-border arrangements
8. Change of Control: Include if group restructuring implications need addressing
1. Schedule 1 - Licensed IP: Detailed description of intellectual property being licensed
2. Schedule 2 - License Fees: Detailed payment terms and transfer pricing methodology
3. Schedule 3 - Technical Specifications: Technical details of licensed technology or software
4. Schedule 4 - Service Levels: Performance standards if maintenance/support included
5. Schedule 5 - Approved Sub-licensees: List of group companies permitted as sub-licensees
6. Appendix A - Form of Reports: Templates for usage reports and royalty calculations
7. Appendix B - Contact Details: Key contacts for operational and legal matters
Relevant legal definitions
Affiliate
Agreement
Applicable Law
Background IP
Business Day
Commencement Date
Confidential Information
Control
Effective Date
Foreground IP
Group
Group Company
Improvements
Initial Term
Intellectual Property Rights
Licensed IP
Licensed Products
Licensed Territory
Licensee
Licensor
License Fee
License Period
Net Sales
Parent Company
Party/Parties
Patent Rights
Permitted Purpose
Quarter
Renewal Term
Royalty Rate
Subsidiary
Technical Information
Term
Trade Marks
Transfer Pricing Rules
Year
Agreement
Applicable Law
Background IP
Business Day
Commencement Date
Confidential Information
Control
Effective Date
Foreground IP
Group
Group Company
Improvements
Initial Term
Intellectual Property Rights
Licensed IP
Licensed Products
Licensed Territory
Licensee
Licensor
License Fee
License Period
Net Sales
Parent Company
Party/Parties
Patent Rights
Permitted Purpose
Quarter
Renewal Term
Royalty Rate
Subsidiary
Technical Information
Term
Trade Marks
Transfer Pricing Rules
Year
Clauses
Definitions
Grant of License
License Scope
Territory
Term and Duration
Payment Terms
Royalties
Transfer Pricing
Intellectual Property Rights
IP Protection
Quality Control
Confidentiality
Data Protection
Record Keeping
Audit Rights
Warranties
Indemnification
Liability
Force Majeure
Assignment
Sub-licensing
Competition Law Compliance
Tax Compliance
Regulatory Compliance
Technical Support
Maintenance
Reporting Requirements
Amendment
Termination
Post-Termination Obligations
Governing Law
Dispute Resolution
Notices
Entire Agreement
Severability
Further Assurance
Grant of License
License Scope
Territory
Term and Duration
Payment Terms
Royalties
Transfer Pricing
Intellectual Property Rights
IP Protection
Quality Control
Confidentiality
Data Protection
Record Keeping
Audit Rights
Warranties
Indemnification
Liability
Force Majeure
Assignment
Sub-licensing
Competition Law Compliance
Tax Compliance
Regulatory Compliance
Technical Support
Maintenance
Reporting Requirements
Amendment
Termination
Post-Termination Obligations
Governing Law
Dispute Resolution
Notices
Entire Agreement
Severability
Further Assurance
Relevant Industries
Technology
Pharmaceuticals
Manufacturing
Consumer Goods
Software Development
Biotechnology
Automotive
Electronics
Financial Services
Telecommunications
Chemical Industry
Media and Entertainment
Relevant Teams
Legal
Intellectual Property
Tax
Finance
Compliance
Research & Development
Technology
Commercial
Corporate Affairs
Risk Management
Treasury
Business Development
Relevant Roles
Legal Counsel
IP Manager
Chief Legal Officer
Licensing Director
Corporate Counsel
Tax Director
Compliance Officer
General Counsel
Commercial Director
Chief Technology Officer
Head of Research & Development
Transfer Pricing Manager
IP Portfolio Manager
Group Structure Manager
Chief Financial Officer
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