Copyright Exclusive License Template for Philippines

The Copyright Exclusive License Agreement is essential for transactions involving intellectual property rights in the Philippines, where a copyright owner wishes to grant exclusive rights to another party. This document is particularly relevant when the owner of a protected work (such as software, literary works, artistic creations, or multimedia content) wants to give another entity the sole right to exploit the work commercially while retaining underlying ownership. The agreement must comply with the Philippine Intellectual Property Code and related regulations, incorporating specific requirements for exclusive licensing under Philippine law. It includes comprehensive provisions covering grant of rights, territorial scope, payment structures, quality control, and termination conditions. This type of agreement is commonly used in various sectors including technology, media, entertainment, and publishing, where exclusive control over intellectual property is crucial for business operations.

1. Parties: Identification of the Licensor (copyright owner) and Licensee, including full legal names, addresses, and business registration details if applicable

2. Background: Context of the agreement, confirmation of copyright ownership, and brief description of the parties' intentions

3. Definitions: Definitions of key terms used throughout the agreement, including 'Licensed Work', 'Territory', 'Term', and 'Exclusive License'

4. Grant of Rights: Detailed description of the exclusive rights being licensed, including specific uses permitted and geographic scope

5. Term and Territory: Duration of the license and the geographic areas where the license is valid

6. License Fees and Payment Terms: Financial terms including initial payments, royalties, payment schedule, and reporting requirements

7. Licensor's Obligations: Obligations of the copyright owner, including warranties of ownership and non-infringement

8. Licensee's Obligations: Responsibilities of the licensee including quality control, reporting, and proper copyright notices

9. Quality Control: Standards for the use of the copyrighted work and approval processes if required

10. Intellectual Property Protection: Provisions for protecting the copyright, including handling infringement and unauthorized use

11. Termination: Circumstances under which the agreement can be terminated and the consequences of termination

12. Post-Termination Obligations: Rights and obligations of both parties after the agreement ends

13. General Provisions: Standard clauses including governing law, dispute resolution, and entire agreement provisions