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World Wide License
I need a World Wide License agreement under Danish law for our enterprise software solution, including source code escrow provisions and implementation support, with a 5-year initial term starting March 1, 2025, and annual renewal options.
1. Parties: Identification of licensor and licensee, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement, nature of the intellectual property, and parties' objectives
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of License: Scope of license, including territory (worldwide), nature of rights (exclusive/non-exclusive), and permitted uses
5. License Fee and Payment Terms: Financial terms, payment schedule, currency, and payment methods
6. Intellectual Property Rights: Confirmation of ownership, protection of IP rights, and handling of improvements
7. Obligations of the Parties: Specific duties of both licensor and licensee
8. Quality Control: Standards maintenance, inspection rights, and quality assurance requirements
9. Confidentiality: Protection of confidential information exchanged during the license period
10. Term and Termination: Duration of agreement, renewal terms, and termination conditions
11. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes
12. General Provisions: Standard clauses including entire agreement, amendments, and severability
1. Sub-licensing Rights: Include when licensee is permitted to grant sub-licenses
2. Technology Transfer: Include when technical knowledge or know-how transfer is part of the license
3. Minimum Performance Requirements: Include when setting specific performance or sales targets
4. Data Protection: Include when personal data processing is involved in the licensed activities
5. Export Control: Include when licensed items are subject to export control regulations
6. Source Code Escrow: Include for software licenses where source code protection is needed
7. Training and Support: Include when technical training or ongoing support is part of the agreement
8. Insurance Requirements: Include when specific insurance coverage is required for licensed activities
1. Schedule 1 - Licensed Intellectual Property: Detailed description of all IP being licensed
2. Schedule 2 - Technical Specifications: Technical details and requirements of licensed technology or products
3. Schedule 3 - Payment Schedule: Detailed breakdown of payment terms, royalties, and calculation methods
4. Schedule 4 - Quality Standards: Specific quality requirements and testing procedures
5. Schedule 5 - Approved Sub-licensees: List of pre-approved sub-licensees if applicable
6. Schedule 6 - Territory Restrictions: Any specific territorial restrictions or requirements
7. Appendix A - Brand Guidelines: Guidelines for use of licensed trademarks or branding
8. Appendix B - Support Services: Details of any support or maintenance services included
Authors
Affiliate
Applicable Law
Background IP
Business Day
Commencement Date
Confidential Information
Documentation
Effective Date
Foreground IP
Force Majeure
Improvement
Initial Term
Intellectual Property Rights
Licensed Products
Licensed Technology
Licensed Territory
Licensee
Licensor
Net Sales
Patent Rights
Permitted Use
Quarter
Renewal Term
Royalties
Specifications
Sub-licensee
Technical Information
Term
Third Party
Trademark
Trade Secrets
Working Day
Year
Quality Standards
Regulatory Approvals
Related Rights
Support Services
Technology Transfer
Usage Reports
Grant of License
Territory Rights
Payment and Royalties
Intellectual Property Rights
Confidentiality
Warranties and Representations
Indemnification
Limitation of Liability
Quality Control
Regulatory Compliance
Term and Termination
Force Majeure
Assignment and Sub-licensing
Audit Rights
Record Keeping
Technical Support
Technology Transfer
Export Control
Data Protection
Non-Competition
Dispute Resolution
Governing Law
Severability
Entire Agreement
Notice
Amendment
Waiver
Further Assurance
Counterparts
Technology
Software Development
Manufacturing
Pharmaceuticals
Media and Entertainment
Biotechnology
Consumer Goods
Telecommunications
Automotive
Research and Development
Fashion and Luxury Goods
Gaming and Interactive Entertainment
Legal
Intellectual Property
Commercial Operations
Business Development
Finance
Compliance
International Operations
Research and Development
Product Development
Sales
Technology Transfer
Risk Management
Chief Legal Officer
Intellectual Property Manager
Licensing Director
Commercial Director
Chief Technology Officer
Business Development Manager
Contract Manager
Legal Counsel
IP Rights Administrator
Technology Transfer Officer
Commercial Operations Manager
Global Sales Director
Chief Financial Officer
Compliance Officer
International Business Manager
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