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1. Parties: Identification and details of the Licensor and Licensee
2. Background: Context of the agreement and brief description of the licensed material and parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of License: Scope of the non-exclusive perpetual license, including permitted uses and restrictions
5. License Fee and Payment Terms: Details of license fees, payment schedule, and related financial terms
6. Intellectual Property Rights: Confirmation of ownership and protection of intellectual property rights
7. Warranties and Representations: Warranties regarding ownership, right to license, and non-infringement
8. Confidentiality: Obligations regarding confidential information shared between parties
9. Term and Termination: Duration of the agreement and circumstances for termination despite perpetual nature
10. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and jurisdiction for disputes
11. General Provisions: Standard legal provisions including notices, amendments, and severability
1. Quality Control: Required when licensed material needs to maintain certain quality standards or specifications
2. Sub-licensing Rights: Include when licensee may be granted rights to sub-license
3. Territory Restrictions: Needed when license is restricted to specific geographic areas
4. Technical Support and Maintenance: Include for software or technical licenses requiring ongoing support
5. Export Control: Required when licensed material is subject to export regulations
6. Source Code Escrow: For software licenses where source code access might be needed under specific conditions
7. Performance Requirements: Include when licensee must meet specific performance or sales targets
8. Audit Rights: When licensor needs rights to audit licensee's use or payment calculations
1. Schedule 1 - Licensed Material: Detailed description of the intellectual property being licensed
2. Schedule 2 - License Fee Structure: Detailed breakdown of license fees, royalties, and payment terms
3. Schedule 3 - Technical Specifications: Technical details and specifications of the licensed material
4. Schedule 4 - Approved Use Cases: Specific approved uses and implementations of the licensed material
5. Schedule 5 - Service Level Agreement: Details of support and maintenance services if applicable
6. Appendix A - Form of Reports: Templates for any required reporting by licensee
7. Appendix B - Security Requirements: Security measures and requirements for protecting licensed material
Affiliate
Background IP
Business Day
Commencement Date
Confidential Information
Documentation
Effective Date
Force Majeure Event
Intellectual Property Rights
License Fee
Licensed Material
Licensed Technology
Licensee
Licensor
Modifications
Patent Rights
Permitted Purpose
Permitted Users
Related Rights
Specifications
Source Code
Technical Information
Territory
Third Party
Trade Secrets
Updates
Use
Working Hours
License Scope
Payment Terms
Intellectual Property Rights
Confidentiality
Warranties
Representations
Indemnification
Limitation of Liability
Quality Control
Technical Support
Maintenance
Audit Rights
Record Keeping
Territory Restrictions
Performance Requirements
Term and Duration
Termination Rights
Force Majeure
Assignment
Sub-licensing
Dispute Resolution
Governing Law
Notices
Entire Agreement
Amendment
Severability
Third Party Rights
Waiver
Counterparts
Technology
Software Development
Manufacturing
Telecommunications
Healthcare
Pharmaceutical
Media and Entertainment
Education
Research and Development
Automotive
Consumer Electronics
Industrial Engineering
Biotechnology
Financial Services
Legal
Intellectual Property
Business Development
Commercial
Research and Development
Technology
Compliance
Product Development
Innovation
Operations
Software Development
Legal Counsel
Intellectual Property Manager
Licensing Director
Business Development Manager
Chief Technology Officer
Contract Manager
Commercial Director
Research Director
Innovation Manager
Patent Attorney
Technology Transfer Officer
Chief Legal Officer
Compliance Manager
Product Manager
Software Development Manager
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