Technology Licence Agreement
This model agreement describes the licence of technology required for the manufacture of a specified product.
TECHNOLOGY LICENCE AGREEMENT
Article 1. Definitions
Article 2. Licence – Scope
Article 3. Obligations of the Licensee
Article 4. Obligation of the Licensor
Article 5. No Sale
Article 6. Royalties and Taxes
Article 7. Duration
Article 8. Termination
Article 9. Information
Article 10. Technical Assistance
Article 11. No Representation by the Licensor – No Liability by the Licensor
Article 12. Marking and Labelling of the Specified Products
Article 13. Payment
Article 14. Renewal Fees and Charges
Article 15. Infringement of the Patents
Article 16. Validity of the Patents
Article 17. Quality Standards and Production
Article 18. Improvements
Article 19. Inspection of Accounts
Article 20. Transfer and Assignment
Article 21. Sub-licences – Sub-contracting
Article 22. Confidentiality
Article 23. Force Majeure
Article 24. Hardship
Article 25. Relationship between the Parties
Article 26. Entire Agreement
Article 27. Amendments
Article 28. Severability
Article 29. No Implied Waiver
Article 30. Notices
Article 31. Costs
Article 32. Copies
Article 33. Survival
Article 34. Registration
Article 35. Governing law and Jurisdiction