Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Co Exclusive License
1. Parties: Identification of the Licensor and Licensee with full legal names, registration numbers, and addresses
2. Background: Context of the agreement, description of the licensed IP, and purpose of the licensing arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of License: Specific rights granted, scope of the license, and confirmation of co-exclusive nature
5. Territory and Field of Use: Geographic areas and specific fields where the license can be exercised
6. Co-Exclusivity Provisions: Details of how the co-exclusive arrangement works, including relationship with other licensees
7. Payment Terms: License fees, royalties, payment schedules, and calculation methods
8. Obligations of the Licensor: Licensor's commitments regarding IP maintenance, support, and updates
9. Obligations of the Licensee: Licensee's commitments regarding use, reporting, and quality control
10. Quality Control: Standards and procedures for maintaining quality of licensed products/services
11. Intellectual Property Protection: Provisions for IP protection, infringement actions, and cooperation
12. Term and Termination: Duration of the agreement and circumstances for termination
13. Consequences of Termination: Actions and obligations upon agreement termination
14. Confidentiality: Protection of confidential information exchanged during the agreement
15. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes
1. Sub-licensing Rights: Include when licensee is permitted to grant sub-licenses
2. Improvements: Include when parties may develop improvements to the licensed IP
3. Marketing and Promotion: Include when specific marketing obligations or restrictions apply
4. Competition Law Compliance: Include when specific competition law considerations need addressing
5. Export Control: Include when licensed products/technology are subject to export regulations
6. Data Protection: Include when personal data processing is involved
7. Source Code Escrow: Include for software licenses requiring source code protection
8. Change of Control: Include when change in company ownership needs specific provisions
9. Insurance: Include when specific insurance requirements are needed
10. Force Majeure: Include when specific force majeure provisions are required
1. Schedule 1 - Licensed Intellectual Property: Detailed description of all IP being licensed
2. Schedule 2 - Territory and Field of Use Specifications: Detailed mapping of territories and allowed uses
3. Schedule 3 - Payment Terms and Royalty Calculations: Detailed financial terms and calculation methods
4. Schedule 4 - Quality Control Standards: Specific quality requirements and testing procedures
5. Schedule 5 - Reporting Requirements: Templates and specifications for required reports
6. Schedule 6 - Other Licensed Parties: Details of other co-exclusive licensees and their territories/fields
7. Schedule 7 - Technical Specifications: Technical details of licensed technology or products
8. Appendix A - Approved Form of Sub-license: Template for permitted sub-licensing arrangements
Authors
Find the exact document you need
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.