Document background
The Product License agreement is a crucial legal instrument used when a product owner wishes to grant usage rights to another party while retaining ownership of the intellectual property. This document is particularly relevant in Switzerland, where strong intellectual property protection and precise contractual frameworks are essential. It serves multiple business scenarios, from software licensing to manufacturing rights, and includes detailed terms on usage scope, territorial restrictions, payment structures, and compliance requirements. The agreement, governed by Swiss law, must comply with the Swiss Code of Obligations and relevant intellectual property legislation, making it suitable for both domestic and international licensing arrangements. This document is particularly important for businesses looking to expand their market reach while maintaining control over their intellectual property.
