Document background
The Manufacturing License Agreement is a crucial document used when a business wants to authorize another entity to manufacture products using its intellectual property, technology, or proprietary processes. This agreement, governed by New Zealand law, is particularly relevant in scenarios where companies seek to expand manufacturing capabilities without direct investment in production facilities. It covers essential aspects such as manufacturing rights, quality control, royalty structures, and intellectual property protection, while ensuring compliance with New Zealand's regulatory framework, including the Contract and Commercial Law Act 2017, Fair Trading Act 1986, and relevant manufacturing regulations. The agreement is designed to protect both the licensor's intellectual property rights and the licensee's manufacturing interests while establishing clear operational parameters and commercial terms.
