Document background
This Perpetual Irrevocable License template is designed for situations where a permanent transfer of usage rights is required while maintaining original ownership of the intellectual property. It is particularly suited for software licensing, technology transfer, content distribution, and other scenarios requiring permanent rights assignment under New Zealand law. The document addresses key aspects including scope of license, usage rights, warranties, and compliance with New Zealand's intellectual property and contract law framework. It provides robust protection for both licensors and licensees in perpetual licensing arrangements, with specific attention to the irrevocable nature of the rights granted. The template includes comprehensive provisions for commercial terms, technical specifications, and ongoing obligations while ensuring alignment with New Zealand's legal requirements for permanent licensing arrangements.
