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Cross Licence Template for England and Wales

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Key Requirements PROMPT example:

Cross Licence

"Need a Cross Licence agreement between our software company and a hardware manufacturer to mutually license our AI technology patents and their sensor technology patents, with royalty-free terms and implementation support, targeted for completion by March 2025."

Document background
A Cross Licence agreement is essential when two or more parties wish to utilize each other's intellectual property rights while maintaining their respective ownership. This document, governed by English and Welsh law, typically includes detailed provisions about the scope of licensed rights, territory restrictions, quality control measures, and termination provisions. It's particularly valuable in situations where companies want to avoid patent litigation, access complementary technologies, or collaborate on research and development projects. The agreement provides legal certainty and helps parties navigate complex IP landscapes while maintaining their competitive advantages.
Suggested Sections

1. Parties: Identification and details of the contracting parties

2. Background: Context and purpose of the cross-licensing arrangement

3. Definitions: Key terms used throughout the agreement

4. Grant of Licence: Specific rights being licensed by each party

5. Term and Termination: Duration of agreement and termination provisions

6. Warranties and Representations: Assurances regarding IP ownership and right to license

7. Governing Law and Jurisdiction: Specification of English and Welsh law as governing law and jurisdiction

Optional Sections

1. Royalties: Payment terms and financial compensation arrangements between the parties

2. Territory Restrictions: Geographical limitations on where licensed IP may be used

3. Quality Control: Standards and requirements for using licensed IP

4. Sublicensing Rights: Provisions regarding rights to grant licenses to third parties

5. Confidentiality: Provisions for protecting confidential information exchanged during the license period

Suggested Schedules

1. Schedule 1 - Licensed IP: Detailed list and description of intellectual property being licensed by each party

2. Schedule 2 - Technical Specifications: Technical details and requirements of licensed technology or processes

3. Schedule 3 - Quality Standards: Specific quality requirements and standards for license use

4. Schedule 4 - Royalty Calculations: Formula and methods for calculating royalties if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions





















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Industries

Copyright, Designs and Patents Act 1988: Primary UK legislation governing copyright, design rights, and patents. Essential for defining the intellectual property rights that can be cross-licensed.

Trade Marks Act 1994: Legislation governing trademark protection and licensing in the UK. Crucial for any cross-licensing involving trademark rights.

Patents Act 1977: Core legislation for patent protection and licensing in the UK. Fundamental for cross-licensing of patent rights.

Registered Designs Act 1949: Legislation protecting and governing the licensing of registered designs in the UK.

Law of Contract: Common law principles governing contract formation, interpretation, and enforcement in England and Wales.

Unfair Contract Terms Act 1977: Legislation restricting the use and enforcement of unfair terms in contracts, particularly regarding limitation of liability.

Contracts (Rights of Third Parties) Act 1999: Legislation governing how third parties may enforce terms of a contract. Important for cross-licensing agreements affecting multiple parties.

Competition Act 1998: Legislation ensuring cross-licensing agreements do not breach competition law or create unfair market advantages.

Enterprise Act 2002: Additional competition law framework affecting business agreements and market conduct.

UK GDPR: Data protection regulation governing the processing of personal data, relevant if the licensed rights involve data processing.

Data Protection Act 2018: UK's implementation of data protection requirements, complementing UK GDPR.

Trade Secrets (Protection) Regulations 2018: Legislation protecting confidential business information, crucial for cross-licensing involving know-how or trade secrets.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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