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Master Rights Agreement Template for India

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Key Requirements PROMPT example:

Master Rights Agreement

"I need a Master Rights Agreement for licensing our software technology to distributors across India, with specific provisions for source code protection and a revenue-sharing model based on subscription fees."

Document background
The Master Rights Agreement is a foundational document used when establishing long-term rights management relationships between parties under Indian law. It is particularly relevant when businesses need to license, transfer, or manage intellectual property rights across various uses and territories. This agreement type is essential in the Indian business context where IP rights transactions must comply with local legislation including the Copyright Act 1957, Contract Act 1872, and Information Technology Act 2000. The document typically includes comprehensive provisions covering grant of rights, usage terms, quality control, payment structures, and enforcement mechanisms, serving as the primary reference point for the parties' rights and obligations throughout their business relationship. It's designed to accommodate various types of intellectual property rights while providing flexibility for future modifications through schedules and appendices.
Suggested Sections

1. Parties: Identification of all contracting parties, including their legal status and registered addresses

2. Background: Context of the agreement, relationship between parties, and purpose of the arrangement

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Grant of Rights: Specific rights being granted, including scope, territory, and duration

5. Exclusivity: Terms regarding exclusive or non-exclusive nature of rights granted

6. Term and Renewal: Duration of the agreement and conditions for renewal

7. Payment Terms: Financial terms including royalties, minimum guarantees, and payment schedules

8. Obligations of Rights Owner: Responsibilities and warranties of the party granting the rights

9. Obligations of Rights Holder: Responsibilities and commitments of the party receiving the rights

10. Quality Control: Standards and requirements for use of the rights

11. Intellectual Property Protection: Measures for protecting IP and handling infringement

12. Confidentiality: Protection of confidential information exchanged between parties

13. Termination: Grounds and process for termination, including consequences

14. Dispute Resolution: Process for handling disputes including jurisdiction and governing law

15. General Provisions: Standard boilerplate clauses including notices, assignment, and amendment procedures

Optional Sections

1. Sub-licensing Rights: Include when the rights holder is permitted to sub-license rights to third parties

2. Digital Rights Management: Include for digital content rights and online distribution

3. Moral Rights: Include when dealing with creative works where author's moral rights are relevant

4. Minimum Performance Requirements: Include when setting specific performance or sales targets

5. Export Control: Include when rights involve cross-border usage or international distribution

6. Data Protection: Include when personal data processing is involved in rights exploitation

7. Insurance Requirements: Include when specific insurance coverage is required for rights exploitation

8. Force Majeure: Include when specific events beyond control need detailed treatment

Suggested Schedules

1. Schedule 1 - Rights Description: Detailed description of all rights being licensed or transferred

2. Schedule 2 - Territory Definition: Specific geographical areas where rights can be exercised

3. Schedule 3 - Approved Uses: Detailed list of approved uses and applications of the rights

4. Schedule 4 - Quality Standards: Specific quality control requirements and standards

5. Schedule 5 - Payment Schedule: Detailed breakdown of payment terms, royalty rates, and calculation methods

6. Schedule 6 - Reporting Requirements: Format and frequency of required reports

7. Appendix A - Brand Guidelines: Guidelines for brand usage and visual identity requirements

8. Appendix B - Technical Specifications: Technical requirements for rights implementation

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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Relevant Industries

Media and Entertainment

Technology

Software and IT

Publishing

Gaming

Retail

E-commerce

Manufacturing

Pharmaceuticals

Biotechnology

Fashion and Luxury

Sports and Recreation

Education

Telecommunications

Digital Services

Relevant Teams

Legal

Intellectual Property

Commercial

Business Development

Compliance

Finance

Operations

Brand Management

Content Management

Digital Rights

Risk Management

Corporate Affairs

Relevant Roles

Legal Counsel

Intellectual Property Manager

Licensing Director

Business Development Manager

Commercial Director

Rights Management Officer

Contract Manager

Chief Legal Officer

IP Compliance Officer

General Counsel

Senior Legal Counsel

Commercial Manager

Brand Manager

Content Licensing Manager

Digital Rights Manager

Industries








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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