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Joint Venture Licensing Agreement

Joint Venture Licensing Agreement Template for Indonesia

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Key Requirements PROMPT example:

Joint Venture Licensing Agreement

"Need a Joint Venture Licensing Agreement for a US technology company entering Indonesian market with a local manufacturing partner, involving software licensing and technology transfer for smart factory solutions, with operations to commence by March 2025."

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Document background
The Joint Venture Licensing Agreement is a specialized legal instrument used when parties wish to establish a collaborative business venture in Indonesia while incorporating licensing elements. This document is particularly relevant when a foreign company wishes to enter the Indonesian market by partnering with a local entity and transferring technology or intellectual property rights. The agreement must comply with Indonesian investment regulations, including the Investment Law (Law No. 25 of 2007), company law requirements, and specific industry regulations. It provides a comprehensive framework covering corporate structure, governance, intellectual property rights, technology transfer protocols, financial arrangements, and operational procedures. The document is essential for businesses seeking to combine resources and expertise while ensuring proper protection and monetization of intellectual property rights in the Indonesian market.
Suggested Sections

1. Parties: Identification of all parties to the agreement, including their legal status and registered addresses

2. Background: Context of the agreement, including the parties' business activities and objectives for the joint venture and licensing arrangement

3. Definitions: Definitions of key terms used throughout the agreement

4. Joint Venture Structure: Details of the JV company structure, shareholding, and capital contribution

5. License Grant: Scope and nature of the license being granted, including territory, exclusivity, and field of use

6. Intellectual Property Rights: Ownership and protection of IP rights, including improvements and new developments

7. Management and Control: Governance structure, board composition, and decision-making processes

8. Financial Provisions: Financial obligations, royalty calculations, payment terms, and audit rights

9. Technology Transfer: Terms and conditions for technology transfer, including training and technical support

10. Confidentiality: Protection of confidential information and trade secrets

11. Term and Termination: Duration of the agreement and circumstances for termination

12. Post-Termination Obligations: Rights and obligations that survive termination

13. Governing Law and Dispute Resolution: Choice of law and dispute resolution mechanisms

14. General Provisions: Standard boilerplate clauses including force majeure, notices, and amendments

Optional Sections

1. Quality Control: Standards and procedures for quality control, used when licensed technology requires specific quality standards

2. Export Restrictions: Restrictions on export of licensed products, included when territorial restrictions are necessary

3. Non-Competition: Non-compete provisions, included when parties want to restrict competitive activities

4. Environmental Compliance: Environmental standards and compliance requirements, necessary for manufacturing or resource-intensive operations

5. Local Content Requirements: Provisions regarding local content requirements, included when required by Indonesian regulations

6. Marketing and Branding: Guidelines for marketing and use of trademarks, included when licensing includes brand rights

7. Research and Development: Terms for collaborative R&D activities, included when parties plan joint development work

8. Government Approvals: Specific provisions regarding required government approvals, included for regulated industries

Suggested Schedules

1. Schedule 1 - Licensed IP: Detailed list and description of all intellectual property being licensed

2. Schedule 2 - Technical Specifications: Technical details of licensed technology or products

3. Schedule 3 - Royalty Calculations: Detailed methodology for calculating royalties and other payments

4. Schedule 4 - Quality Standards: Specific quality standards and testing procedures

5. Schedule 5 - Technology Transfer Plan: Detailed plan and timeline for technology transfer activities

6. Schedule 6 - Initial Business Plan: Initial business plan for the joint venture

7. Schedule 7 - Shareholder Details: Details of shareholding structure and shareholder rights

8. Appendix A - Required Government Approvals: List of required governmental approvals and licenses

9. Appendix B - Form of Reports: Templates for required operational and financial reports

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Affiliate
Agreement
Applicable Law
Background IP
Board of Directors
Business Day
Business Plan
Capital Contribution
Commencement Date
Confidential Information
Control
Deed of Establishment
Effective Date
Field of Use
Force Majeure Event
Foreground IP
Government Authority
Improvements
Initial Business Plan
Intellectual Property Rights
Joint Venture Company
Know-How
License
Licensed Products
Licensed Technology
Licensing Fee
Local Content Requirements
Material Breach
Net Sales
Parent Company
Patents
Permitted Use
Quality Standards
Quarter
Regulatory Approvals
Royalty
Shareholders
Shareholders Agreement
Subsidiary
Technical Documentation
Technology Transfer
Territory
Third Party
Trade Secrets
Trademarks
Working Day
Clauses
Recitals
Interpretation
Joint Venture Formation
Capital Structure
Share Subscription
Corporate Governance
Board Composition
Shareholder Rights
License Grant
Intellectual Property Rights
Technology Transfer
Technical Support
Quality Control
Commercialization Rights
Territory Rights
Exclusivity
Royalties
Payment Terms
Financial Reporting
Audit Rights
Confidentiality
Non-Competition
Non-Solicitation
Representations and Warranties
Management Provisions
Operational Requirements
Local Content
Regulatory Compliance
Export Control
Training and Support
Performance Obligations
Improvements
Research and Development
Marketing and Distribution
Force Majeure
Term and Renewal
Termination Rights
Post-Termination Obligations
Dispute Resolution
Governing Law
Assignment
Amendments
Notices
Entire Agreement
Severability
Language Requirements
Anti-Corruption
Insurance
Indemnification
Liability Limitations
Relevant Industries

Technology

Manufacturing

Pharmaceuticals

Automotive

Telecommunications

Energy

Mining

Agricultural Technology

Consumer Goods

Industrial Equipment

Healthcare

Renewable Energy

Software Development

Biotechnology

Relevant Teams

Legal

Corporate Development

Intellectual Property

Finance

Operations

Compliance

Business Development

Strategy

Technology

Commercial

International Business

Mergers & Acquisitions

Licensing

Research & Development

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Chief Technology Officer

Chief Financial Officer

General Counsel

Legal Director

Corporate Development Director

Business Development Manager

Intellectual Property Manager

Licensing Manager

Joint Venture Manager

Commercial Director

Operations Director

Compliance Officer

Investment Manager

Technology Transfer Manager

Partnership Director

Managing Director

Head of Strategy

Industries
Law No. 25 of 2007 on Investment (Investment Law): Primary legislation governing foreign and domestic investment in Indonesia, including joint venture arrangements and investment requirements
Law No. 40 of 2007 on Limited Liability Companies: Regulates corporate structures, governance, and operations of companies in Indonesia, including joint venture entities
Law No. 13 of 2016 on Patents: Governs patent rights and licensing arrangements for technological innovations in Indonesia
Law No. 20 of 2016 on Trademarks and Geographical Indications: Regulates trademark licensing and protection in Indonesia
Law No. 28 of 2014 on Copyright: Governs copyright protection and licensing arrangements for creative works
Law No. 5 of 1999 on Prohibition of Monopolistic Practices and Unfair Business Competition: Ensures licensing arrangements and joint ventures do not create monopolistic practices or unfair competition
Presidential Regulation No. 44 of 2016 on Negative Investment List: Specifies business sectors that are closed or conditionally open to foreign investment through joint ventures
Law No. 24 of 2009 on National Flag, Language, Emblem and Anthem: Requires agreements involving Indonesian parties to be drafted in Indonesian language
Bank Indonesia Regulation on Foreign Exchange Transactions: Governs foreign currency transactions and repatriation of licensing fees or royalties
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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