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Technical License Agreement

Technical License Agreement Template for Malaysia

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Key Requirements PROMPT example:

Technical License Agreement

"I need a Technical License Agreement for licensing our proprietary software encryption technology to a Malaysian telecommunications company, with exclusive rights in Southeast Asia, including technical support provisions and quarterly royalty payments starting March 2025."

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Document background
The Technical License Agreement serves as a crucial legal instrument in Malaysia for companies and organizations seeking to formalize technology transfer arrangements. This document is essential when one party (licensor) wishes to grant another party (licensee) the right to use specific technical intellectual property, patents, know-how, or proprietary technology while maintaining ownership rights. The agreement is structured to comply with Malaysian intellectual property laws, technology transfer regulations, and contract law, making it particularly suitable for cross-border technology transactions involving Malaysian entities. It includes comprehensive provisions for technical implementation, support services, quality control, and protection of intellectual property rights. The document is commonly used in scenarios involving software licensing, manufacturing processes, industrial designs, or specialized technical knowledge transfer, and can be customized to address specific technical requirements while maintaining legal compliance with Malaysian regulations.
Suggested Sections

1. Parties: Identification of the licensor and licensee, including full legal names, registration numbers, and registered addresses

2. Background: Context of the agreement, including brief description of the technology and purpose of the license

3. Definitions: Detailed definitions of technical terms, licensed technology, and other key terms used throughout the agreement

4. Grant of License: Scope of the license, including territory, exclusivity/non-exclusivity, and permitted uses

5. Technical Support and Implementation: Details of technical assistance, training, and implementation support provided by the licensor

6. License Fees and Payment Terms: Financial terms including license fees, royalties, payment schedules, and calculation methods

7. Intellectual Property Rights: Ownership of IP, protection measures, and handling of improvements or modifications

8. Confidentiality: Protection of confidential information and trade secrets

9. Quality Control: Standards and specifications that must be maintained in using the licensed technology

10. Term and Termination: Duration of the agreement and circumstances for termination

11. Post-Termination Obligations: Obligations of parties after agreement termination

12. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes

Optional Sections

1. Export Control: Required when the licensed technology is subject to export control regulations

2. Source Code Escrow: Used when software source code is involved and needs to be held in escrow

3. Performance Guarantees: Include when specific performance metrics or standards are guaranteed

4. Localization Requirements: Required when the technology needs to be adapted for local use

5. Research and Development: Include when ongoing R&D collaboration is part of the agreement

6. Competition Restrictions: Used when including non-compete or market restriction clauses

7. Insurance: Required when specific insurance coverage is needed for high-risk technologies

8. Government Approvals: Include when specific regulatory approvals are required

Suggested Schedules

1. Technical Specifications: Detailed technical specifications of the licensed technology

2. Implementation Timeline: Milestone schedule for technology implementation and deployment

3. Service Level Agreement: Specific performance metrics and support levels

4. Fee Schedule: Detailed breakdown of all fees, royalties, and payment terms

5. Training Program: Details of training to be provided by licensor

6. Maintenance Requirements: Technical maintenance and update procedures

7. Acceptance Testing Criteria: Criteria and procedures for acceptance testing

8. Approved Sub-licensees: List of approved sub-licensees if sub-licensing is permitted

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Relevant Industries

Information Technology

Manufacturing

Biotechnology

Telecommunications

Automotive

Electronics

Chemical Processing

Pharmaceutical

Energy

Defense Technology

Industrial Automation

Research and Development

Software Development

Engineering Services

Relevant Teams

Legal

Intellectual Property

Research and Development

Technical Operations

Compliance

Business Development

Engineering

Information Technology

Product Development

Quality Assurance

Procurement

Risk Management

Relevant Roles

Chief Technology Officer

Intellectual Property Manager

Legal Counsel

Technology Transfer Officer

Research and Development Director

Technical Operations Manager

Licensing Manager

Patent Attorney

Chief Legal Officer

Innovation Director

Technical Project Manager

Compliance Officer

Business Development Director

Technical Solutions Architect

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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