Standard Licensing Agreement Template for Malaysia

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Key Requirements PROMPT example:

Standard Licensing Agreement

"I need a Standard Licensing Agreement for licensing our proprietary software to Malaysian healthcare providers, with exclusive territory rights for Peninsular Malaysia and a renewable 5-year term starting March 2025."

Document background
The Standard Licensing Agreement serves as a fundamental legal instrument in Malaysian commercial practice, essential for businesses and individuals seeking to monetize or utilize intellectual property rights. This document type is commonly used when a rights holder (licensor) wishes to grant permission to another party (licensee) to use their intellectual property while retaining ownership. The agreement must comply with Malaysian legal requirements, including the Contracts Act 1950 and relevant intellectual property legislation. It typically covers critical aspects such as license scope, territory restrictions, payment terms, quality control, and termination rights. The Standard Licensing Agreement is particularly important in Malaysia's growing technology and innovation sectors, where intellectual property commercialization plays a crucial role in business development and international trade.
Suggested Sections

1. Parties: Identification and details of the licensor and licensee

2. Background: Context of the agreement and brief description of the licensed property

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

4. Grant of License: Scope and nature of the license (exclusive/non-exclusive), permitted uses, and territory

5. License Fee and Payment Terms: Financial terms, payment schedule, and calculation of royalties if applicable

6. Duration and Termination: Term of the agreement, renewal provisions, and termination circumstances

7. Licensor's Obligations: Responsibilities of the licensor including maintenance of IP rights and technical support

8. Licensee's Obligations: Responsibilities of the licensee including usage restrictions and quality control

9. Intellectual Property Rights: Ownership declarations and IP protection measures

10. Confidentiality: Protection of confidential information exchanged during the license period

11. Warranties and Representations: Statements of fact and promises by both parties

12. Indemnification: Protection against third-party claims and liability allocation

13. General Provisions: Standard clauses including notices, assignment, and governing law

Optional Sections

1. Technology Transfer: Details of any technical knowledge or know-how transfer (used when license includes technical implementation)

2. Quality Control: Specific quality standards and monitoring procedures (important for trademark licenses)

3. Territory Restrictions: Detailed geographical limitations on license use (when license is territory-specific)

4. Sub-licensing Rights: Terms for granting sub-licenses (when sub-licensing is permitted)

5. Export Controls: Compliance with export regulations (for international licensing)

6. Improvement Clauses: Handling of improvements or modifications to the licensed property

7. Source Code Escrow: Terms for source code protection (for software licenses)

8. Training and Support: Details of training and ongoing support provisions

Suggested Schedules

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

2. Schedule 2 - Technical Specifications: Technical details and requirements of the licensed property

3. Schedule 3 - Fee Schedule: Detailed breakdown of all fees, royalties, and payment terms

4. Schedule 4 - Territory: Detailed description of geographic territories covered by the license

5. Schedule 5 - Quality Standards: Specific quality requirements and testing procedures

6. Schedule 6 - Support Services: Details of technical support and maintenance services

7. Appendix A - Approved Use Cases: Specific approved applications or uses of the licensed property

8. Appendix B - Reporting Templates: Standard forms for usage reports and royalty calculations

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 Industries

Technology and Software

Manufacturing

Pharmaceuticals and Healthcare

Media and Entertainment

Retail and Consumer Goods

Research and Development

Education

Telecommunications

Automotive

Fashion and Luxury Goods

Food and Beverage

Biotechnology

Relevant Teams

Legal

Intellectual Property

Commercial

Business Development

Research and Development

Compliance

Operations

Technology

Finance

Product Development

Relevant Roles

Legal Counsel

Intellectual Property Manager

Commercial Director

Business Development Manager

Licensing Manager

Contract Administrator

Chief Technology Officer

Research and Development Director

Innovation Manager

Compliance Officer

Chief Legal Officer

Product Manager

Technology Transfer Officer

Operations Director

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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