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Cross Licensing Agreement

Cross Licensing Agreement Template for Nigeria

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Key Requirements PROMPT example:

Cross Licensing Agreement

"I need a Cross Licensing Agreement for my software company based in Lagos to exchange mobile app development technology with a telecommunications company in Abuja, with specific provisions for source code protection and future improvements, to be effective from March 2025."

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Document background
A Cross Licensing Agreement is essential when two organizations wish to leverage each other's intellectual property portfolios while maintaining their respective IP rights. This document type is particularly relevant in Nigeria's growing technology and innovation sectors, where companies seek to collaborate while protecting their intellectual assets. The agreement must comply with Nigerian IP laws, including the Patents and Designs Act, Trademarks Act, and Copyright Act, as well as the requirements of NOTAP for technology transfer agreements. It typically includes detailed provisions on license scope, territorial restrictions, quality control measures, royalty arrangements (if any), and dispute resolution mechanisms. The document is crucial for organizations looking to expand their technological capabilities, enter new markets, or resolve potential IP disputes through cross-licensing arrangements.
Suggested Sections

1. Parties: Identification of the parties entering into the agreement, including their registered addresses and company details

2. Background: Context of the agreement, brief description of each party's business and IP portfolio, and purpose of the cross-licensing arrangement

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

4. Grant of License: Specific rights being granted by each party, including scope, territory, and field of use

5. License Fees and Royalties: Financial terms of the cross-licensing arrangement, including any balancing payments

6. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

7. Representations and Warranties: Each party's assertions regarding IP ownership, right to license, and non-infringement

8. Confidentiality: Obligations regarding protection of confidential information exchanged during the agreement

9. IP Protection and Enhancement: Obligations regarding maintenance and protection of licensed IP rights

10. Quality Control: Standards and requirements for use of licensed IP

11. Reporting and Audit Rights: Requirements for reporting on IP usage and rights to audit compliance

12. Indemnification: Mutual obligations to protect against third-party claims

13. Governing Law and Dispute Resolution: Choice of Nigerian law and dispute resolution mechanisms

14. General Provisions: Standard boilerplate clauses including notices, assignment, and amendments

Optional Sections

1. Sub-licensing Rights: Include when parties may need to grant sub-licenses to affiliates or third parties

2. Technology Transfer: Include when technical knowledge transfer is required alongside IP licensing

3. Export Control: Include for cross-border licensing involving controlled technologies

4. Improvements: Include when parties want to address rights to future improvements of licensed IP

5. Source Code Escrow: Include when software licensing is involved and source code protection is needed

6. Manufacturing Rights: Include when licensing includes rights to manufacture products

7. Competition Compliance: Include detailed competition law compliance provisions for high-value or market-sensitive deals

Suggested Schedules

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

2. Schedule 2 - Technical Specifications: Technical details and specifications of licensed technology or products

3. Schedule 3 - Quality Control Standards: Specific quality standards and testing procedures

4. Schedule 4 - Royalty Calculations: Detailed methodology for calculating any royalties or payments

5. Schedule 5 - Approved Sub-licensees: List of pre-approved sub-licensees, if applicable

6. Schedule 6 - Reporting Templates: Standard forms for required reporting under the agreement

7. Appendix A - Contact Details: Key contacts for each party for various aspects of the agreement

8. Appendix B - Compliance Requirements: Specific regulatory and compliance requirements under Nigerian law

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
Relevant legal definitions









































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Relevant Industries

Technology

Telecommunications

Pharmaceuticals

Manufacturing

Biotechnology

Software Development

Electronics

Automotive

Healthcare

Research & Development

Education

Consumer Goods

Relevant Teams

Legal

Intellectual Property

Research and Development

Business Development

Technology Transfer

Innovation

Corporate Strategy

Product Development

Commercial

Compliance

Executive Leadership

Relevant Roles

Chief Technology Officer

Intellectual Property Counsel

Legal Director

Head of Research and Development

Licensing Manager

Patent Attorney

Chief Legal Officer

Business Development Director

Technology Transfer Officer

Innovation Manager

Commercial Director

Chief Executive Officer

Head of Strategy

Product Development Manager

Intellectual Property 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

Find the exact document you need

Cross Licensing Agreement

A Nigerian-law governed agreement where two parties mutually license their intellectual property rights to each other.

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