Document background
The Simple License Agreement is a fundamental legal instrument used in Irish business transactions to facilitate the authorized use of intellectual property and other proprietary assets. This document is essential when one party wishes to permit another to use their intellectual property while retaining ownership rights. It's particularly relevant in scenarios involving software licensing, content distribution, technology transfer, or brand licensing. The agreement, governed by Irish law, incorporates key provisions required under both Irish and EU legislation, including intellectual property rights protection, competition law compliance, and consumer protection where applicable. The document typically covers essential elements such as license scope, duration, territory, payment terms, usage restrictions, and termination rights, while remaining adaptable to various commercial contexts.
