World Wide License Template for Denmark

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Key Requirements PROMPT example:

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.

Document background
The World Wide License agreement under Danish law is designed for organizations seeking to grant or receive global rights to intellectual property, whether it be technology, software, brands, or other proprietary assets. This document is particularly crucial when companies want to expand their IP usage across multiple jurisdictions while maintaining a single governing law framework. It addresses key aspects such as territorial rights, royalty structures, quality control measures, and compliance requirements across different jurisdictions, all while being anchored in Danish legal principles. The agreement is typically used in situations requiring clear delineation of worldwide IP rights, protection mechanisms, and commercial terms, making it essential for international business operations and cross-border IP commercialization.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Technology

Software Development

Manufacturing

Pharmaceuticals

Media and Entertainment

Biotechnology

Consumer Goods

Telecommunications

Automotive

Research and Development

Fashion and Luxury Goods

Gaming and Interactive Entertainment

Relevant Teams

Legal

Intellectual Property

Commercial Operations

Business Development

Finance

Compliance

International Operations

Research and Development

Product Development

Sales

Technology Transfer

Risk Management

Relevant Roles

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

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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