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Cross Licensing Agreement
"Need a Cross Licensing Agreement under Singapore law for a biotechnology startup to exchange patent rights with a research institution, including provisions for future improvements and joint research collaborations, to be effective from March 2025."
1. Parties: Identification and details of the licensing parties
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Grant of License: Specific rights being licensed by each party
5. Field of Use: Permitted applications and limitations of licensed IP
6. Term and Termination: Duration and conditions for ending the agreement
7. Royalties and Payments: Financial terms and payment obligations
8. Confidentiality: Protection of shared confidential information
1. Improvements: Rights to technological improvements - include when future developments are anticipated
2. Sub-licensing Rights: Rights to grant licenses to third parties - include when parties may need to involve third parties
3. Quality Control: Standards for using licensed technology - include when product quality is crucial
4. Export Restrictions: Territorial limitations on use - include when geographic restrictions apply
1. Schedule of Patents: List of patents being cross-licensed
2. Technical Specifications: Detailed technical requirements and standards
3. Royalty Calculations: Detailed methodology for calculating royalties
4. Approved Sub-licensees: Pre-approved third parties for sub-licensing
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