The Master License Agreement is a fundamental legal instrument used when one party wishes to establish a comprehensive framework for licensing intellectual property rights to another party in the Philippines. This document is particularly crucial when parties anticipate multiple or ongoing licensing arrangements and need a standardized approach to govern their relationship. The agreement must comply with Philippine legislation, particularly the Intellectual Property Code (Republic Act No. 8293), the Technology Transfer Act (Republic Act No. 10055), and relevant provisions of the Civil Code. It typically includes detailed provisions on IP rights management, commercialization terms, quality control, reporting requirements, and dispute resolution mechanisms. The Master License Agreement serves as an umbrella agreement that can be supplemented by specific license schedules or addenda for individual IP assets or technologies.
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1. Parties: Identification of the licensor and licensee, including full legal names and addresses
2. Background: Context of the agreement, relationship between parties, and general purpose of the licensing arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of License: Scope of the license, including type (exclusive/non-exclusive), territory, and field of use
5. License Fees and Payment Terms: Financial terms, payment schedules, reporting requirements, and audit rights
6. Intellectual Property Rights: Ownership of IP, protection of rights, and handling of improvements or derivatives
7. Confidentiality: Protection of confidential information exchanged between parties
8. Representations and Warranties: Statements of fact and promises made by each party regarding the licensed IP and their authority
9. Term and Termination: Duration of agreement, renewal terms, and circumstances for termination
10. Post-Termination Obligations: Rights and obligations that survive termination
11. Governing Law and Jurisdiction: Specification of Philippine law as governing law and jurisdiction for disputes
12. General Provisions: Standard clauses including force majeure, entire agreement, amendments, and notices
1. Quality Control: Include when licensed IP requires specific quality standards or brand guidelines
2. Sublicensing Rights: Include when licensee may be granted rights to sublicense to third parties
3. Source Code Escrow: Include for software licenses where source code access may be required under specific conditions
4. Data Protection: Include when licensed products or services involve processing personal data
5. Technical Support and Maintenance: Include when ongoing support or maintenance is part of the license
6. Export Control: Include when licensed items may be subject to export regulations
7. Insurance: Include when specific insurance coverage is required for the licensed activities
8. Minimum Performance Requirements: Include when licensee must meet specific performance or sales targets
1. Schedule A - Licensed Intellectual Property: Detailed description of all IP being licensed, including registration numbers
2. Schedule B - License Fees and Royalty Calculations: Detailed breakdown of all financial terms, including calculation methods
3. Schedule C - Technical Specifications: Technical details of licensed technology or products
4. Schedule D - Quality Control Standards: Specific quality requirements and testing procedures
5. Schedule E - Service Level Agreement: Performance metrics and service standards if applicable
6. Schedule F - Approved Sublicensees: List of pre-approved sublicensees if applicable
7. Schedule G - Territory Restrictions: Detailed description of territorial scope and any restrictions
8. Appendix 1 - Form of Reports: Templates for required periodic reports
9. Appendix 2 - Trademark Usage Guidelines: Specific requirements for use of licensed trademarks
Relevant legal definitions
Affiliate
Agreement
Background IP
Commencement Date
Confidential Information
Control
Derivative Works
Documentation
Effective Date
Foreground IP
Force Majeure Event
Gross Revenue
Improvements
Initial Term
Intellectual Property Rights
Licensed IP
Licensed Products
Licensed Territory
License Fees
Licensee
Licensor
Net Sales
Patent Rights
Permitted Purpose
Permitted Use
Quarter
Renewal Term
Royalties
Source Code
Specifications
Subsidiary
Technical Information
Term
Third Party
Trademark Guidelines
Trade Secrets
Updates
Working Day
Year
Agreement
Background IP
Commencement Date
Confidential Information
Control
Derivative Works
Documentation
Effective Date
Foreground IP
Force Majeure Event
Gross Revenue
Improvements
Initial Term
Intellectual Property Rights
Licensed IP
Licensed Products
Licensed Territory
License Fees
Licensee
Licensor
Net Sales
Patent Rights
Permitted Purpose
Permitted Use
Quarter
Renewal Term
Royalties
Source Code
Specifications
Subsidiary
Technical Information
Term
Third Party
Trademark Guidelines
Trade Secrets
Updates
Working Day
Year
Clauses
Definitions
Grant of License
License Scope
Territory Rights
Duration
Payment Terms
Royalties
Audit Rights
Intellectual Property Rights
Ownership
Confidentiality
Data Protection
Warranties
Representations
Quality Control
Performance Standards
Reporting Requirements
Technical Support
Maintenance
Sub-licensing
Assignment
Technology Transfer
Improvements
Documentation
Training
Implementation
Testing
Acceptance
Compliance
Regulatory Requirements
Insurance
Indemnification
Limitation of Liability
Force Majeure
Termination
Post-Termination Obligations
Dispute Resolution
Governing Law
Jurisdiction
Notices
Amendment
Severability
Entire Agreement
Third Party Rights
Waiver
Counterparts
Grant of License
License Scope
Territory Rights
Duration
Payment Terms
Royalties
Audit Rights
Intellectual Property Rights
Ownership
Confidentiality
Data Protection
Warranties
Representations
Quality Control
Performance Standards
Reporting Requirements
Technical Support
Maintenance
Sub-licensing
Assignment
Technology Transfer
Improvements
Documentation
Training
Implementation
Testing
Acceptance
Compliance
Regulatory Requirements
Insurance
Indemnification
Limitation of Liability
Force Majeure
Termination
Post-Termination Obligations
Dispute Resolution
Governing Law
Jurisdiction
Notices
Amendment
Severability
Entire Agreement
Third Party Rights
Waiver
Counterparts
Relevant Industries
Technology
Software Development
Manufacturing
Pharmaceuticals
Entertainment
Media
Telecommunications
Biotechnology
Consumer Goods
Retail
Education
Research and Development
Healthcare
Industrial Design
Fashion and Apparel
Relevant Teams
Legal
Intellectual Property
Business Development
Commercial
Research and Development
Operations
Compliance
Technology
Innovation
Corporate Affairs
Relevant Roles
Chief Legal Officer
Intellectual Property Counsel
Licensing Manager
Contract Manager
Business Development Director
Chief Technology Officer
Innovation Director
Research and Development Manager
Commercial Director
Chief Executive Officer
Legal Counsel
Intellectual Property Manager
Technology Transfer Officer
Compliance Officer
Operations Director
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