Cross Licensing Agreement Template for Philippines

Cross Licensing Agreements are essential legal instruments used when two or more parties wish to exchange rights to use each other's intellectual property. Under Philippine jurisdiction, these agreements must comply with specific regulatory requirements, including the Intellectual Property Code and Technology Transfer Act. This document is particularly valuable for companies with complementary technology portfolios, those seeking to resolve patent disputes, or organizations looking to collaborate on technical developments. The agreement typically includes detailed provisions about the scope of licenses, technical support obligations, quality control requirements, and compliance with competition laws. It's especially relevant in industries where patent portfolios are complex and cross-licensing can help avoid litigation while promoting innovation.

1. Parties: Identification of the contracting parties, including their legal names, addresses, and company registration details

2. Background: Context of the agreement, including brief description of each party's business and intellectual property portfolio

3. Definitions: Detailed definitions of technical terms, IP-related concepts, and other key terms used throughout the agreement

4. Grant of License: Mutual license grants, including scope, territory, and field of use for each party's licensed IP

5. License Restrictions: Specific limitations on the use of licensed IP, including any field restrictions or territorial limitations

6. Technical Information and Support: Obligations regarding the exchange of technical information and provision of technical support

7. Intellectual Property Ownership: Clear statement of ongoing ownership rights and any improvements or developments

8. Quality Control: Standards and requirements for maintaining quality in the use of licensed IP

9. Confidentiality: Provisions for protecting confidential information exchanged under the agreement

10. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

11. Post-Termination Obligations: Obligations and rights of parties after agreement termination

12. Representations and Warranties: Each party's assertions regarding their IP rights and authority to enter into the agreement

13. Indemnification: Mutual indemnification obligations for IP infringement claims and other liabilities

14. Dispute Resolution: Procedures for resolving disputes, including choice of forum and applicable law

15. General Provisions: Standard boilerplate clauses including notices, amendment procedures, and severability