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1. Parties: Identification and details of the licensor and licensee, including registration numbers and addresses
2. Background: Context of the agreement, description of the licensed property, and parties' authority to enter into the agreement
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of Licence: Scope of the exclusive licence, territory, and field of use restrictions
5. Exclusivity Provisions: Specific terms detailing the exclusive nature of the licence and restrictions on licensor
6. Payment Terms: Licence fees, royalties, payment schedules, and calculation methods
7. Protection of IP Rights: Obligations regarding IP protection, registration, and enforcement
8. Quality Control: Standards, specifications, and quality requirements for licensed products/services
9. Term and Termination: Duration of agreement, renewal terms, and termination provisions
10. Confidentiality: Protection of confidential information and trade secrets
11. Warranties and Indemnities: Representations, warranties, and indemnification obligations
12. General Provisions: Standard boilerplate clauses including governing law, notices, and assignment
1. Technical Support: Terms for technical assistance and support services if required
2. Regulatory Compliance: Specific provisions for regulatory requirements if operating in regulated industries
3. Sub-licensing Rights: Terms governing any permitted sub-licensing arrangements
4. Improvements: Provisions dealing with improvements to the licensed technology and ownership rights
5. Export Control: Export restrictions and compliance requirements if applicable
6. Training: Terms for training and knowledge transfer if required
7. Marketing and Promotion: Requirements and restrictions for marketing the licensed products
8. Dispute Resolution: Specific dispute resolution procedures beyond standard court jurisdiction
1. Schedule 1 - Licensed Property: Detailed description of the licensed intellectual property, including registration numbers
2. Schedule 2 - Commercial Terms: Detailed payment terms, royalty calculations, and minimum payments
3. Schedule 3 - Technical Specifications: Technical details and specifications for the licensed property
4. Schedule 4 - Quality Standards: Detailed quality control requirements and testing procedures
5. Schedule 5 - Territory: Detailed description of the geographic territory covered by the licence
6. Appendix A - Reporting Templates: Standard forms for royalty reporting and other required reports
7. Appendix B - Approved Sub-contractors: List of approved sub-contractors if applicable
8. Appendix C - Brand Guidelines: Guidelines for use of trademarks and branding if applicable
Agreement
Applicable Law
Business Day
Commencement Date
Confidential Information
Effective Date
Excluded Territory
Exclusive Period
Force Majeure Event
Improvement
Initial Term
Intellectual Property Rights
Licensed Products
Licensed Property
Licensed Technology
Licence Fee
Licensee
Licensor
Minimum Performance Requirements
Net Sales
Nigerian Law
Notice
Patents
Quality Standards
Quarter
Regulatory Approvals
Renewal Term
Royalties
Specifications
Sub-licence
Technical Documentation
Technical Information
Term
Territory
Third Party
Trade Marks
Working Day
Grant of Rights
Exclusivity
Territory Restrictions
Payment Terms
Royalties
Performance Obligations
Quality Control
Technical Support
Intellectual Property Rights
Confidentiality
Record Keeping
Audit Rights
Warranties
Indemnification
Insurance
Term and Duration
Termination
Force Majeure
Assignment
Sub-licensing
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Amendments
Waiver
Third Party Rights
Competition Law Compliance
Technology Transfer
Regulatory Compliance
Local Content
Export Control
Anti-Corruption
Data Protection
Boilerplate
Technology and Software
Manufacturing
Pharmaceuticals
Telecommunications
Oil and Gas
Consumer Goods
Agriculture
Healthcare
Automotive
Industrial Equipment
Renewable Energy
Chemical Processing
Legal
Intellectual Property
Commercial
Business Development
Technical Operations
Compliance
Research and Development
Corporate Affairs
Risk Management
Strategy
Chief Legal Officer
Intellectual Property Counsel
Technology Transfer Manager
Commercial Director
Head of Licensing
Chief Technology Officer
Business Development Manager
Compliance Officer
Contract Manager
Legal Counsel
IP Portfolio Manager
Technical Director
Managing Director
Chief Executive Officer
Risk Manager
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