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This Non-Exclusive Patent License agreement is designed for use in the Canadian market when a patent holder wishes to grant rights to their patented technology while maintaining the ability to license it to others. The document is particularly useful in situations where multiple market players may benefit from access to the same technology, or where the patent holder wants to maximize commercial opportunities through multiple licensing arrangements. It includes comprehensive provisions for protecting the patent holder's rights while ensuring the licensee can effectively commercialize the technology, all within the framework of Canadian patent law and commercial regulations. The agreement addresses key aspects such as territory restrictions, royalty structures, quality control, and reporting requirements, while remaining adaptable to various industries and technological fields.
