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Business Licensing Agreement
1. Parties: Identification and details of the licensor and licensee, including registration numbers and addresses
2. Background: Context of the agreement, relationship between parties, and purpose of the licensing arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of License: Scope and nature of the license, including whether exclusive or non-exclusive, territory, and field of use
5. Term and Termination: Duration of the agreement, renewal terms, and circumstances for termination
6. License Fees and Payment Terms: Financial terms, including licensing fees, royalties, payment schedule, and calculation methods
7. Intellectual Property Rights: Ownership and protection of IP, including improvements and modifications
8. Obligations of the Licensor: Licensor's responsibilities, including technical support, updates, and maintenance
9. Obligations of the Licensee: Licensee's responsibilities, usage restrictions, and compliance requirements
10. Quality Control: Standards, specifications, and quality assurance requirements
11. Confidentiality: Protection of confidential information and trade secrets
12. Warranties and Representations: Guarantees and statements made by both parties
13. Liability and Indemnification: Limitation of liability and indemnification obligations
14. Governing Law and Jurisdiction: Application of Danish law and jurisdiction for dispute resolution
15. General Provisions: Standard boilerplate clauses including assignment, severability, and entire agreement
16. Execution: Signature blocks and execution requirements
1. Sublicensing Rights: Include when licensee is permitted to sublicense the licensed property to third parties
2. Export Control: Required when licensed technology or products are subject to export regulations
3. Source Code Escrow: Relevant for software licensing agreements to protect licensee's interests
4. Data Protection: Required when personal data processing is involved in the licensed activities
5. Training and Support: Include when the license includes ongoing technical support and training services
6. Marketing and Promotion: Necessary when the agreement includes specific terms about marketing the licensed property
7. Insurance Requirements: Include when specific insurance coverage is required for the licensed activities
8. Audit Rights: Important when licensor needs right to audit licensee's use or royalty calculations
9. Change Control: Include when formal processes for changes to licensed property are needed
10. Force Majeure: Optional but recommended for addressing unforeseeable circumstances
1. Schedule 1 - Licensed Property: Detailed description of the licensed intellectual property, technology, or products
2. Schedule 2 - Technical Specifications: Technical requirements, standards, and specifications for the licensed property
3. Schedule 3 - Fee Schedule: Detailed breakdown of all fees, royalties, and payment terms
4. Schedule 4 - Service Level Agreement: Performance metrics and service levels for technical support and maintenance
5. Schedule 5 - Quality Standards: Detailed quality control requirements and procedures
6. Schedule 6 - Approved Sub-contractors: List of approved third parties for sublicensing or implementation
7. Schedule 7 - Territory Definition: Detailed description of geographical territories covered by the license
8. Appendix A - Compliance Requirements: Specific regulatory and compliance requirements
9. Appendix B - Contact Details: Key contacts and escalation procedures for both parties
10. Appendix C - Reporting Templates: Standard forms for required reports and notifications
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