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1. Parties: Identification of the contracting parties, including their registered addresses and company details
2. Background: Context of the agreement, including brief description of each party's intellectual property and business rationale for the cross-licensing
3. Definitions: Detailed definitions of technical terms, licensed intellectual property, and other key concepts used in the agreement
4. Grant of Licenses: Specific terms of the mutual license grants, including scope, field of use, and any restrictions
5. License Fees and Royalties: Financial terms of the cross-licensing arrangement, including any balancing payments
6. Intellectual Property Ownership: Clear statement of ownership rights and any improvements or developments
7. Quality Control: Standards and quality requirements for licensed products or services
8. Confidentiality: Protection of confidential information exchanged during the agreement
9. Term and Termination: Duration of the agreement and circumstances for termination
10. Representations and Warranties: Mutual assurances regarding IP ownership, right to license, and non-infringement
11. Indemnification: Mutual protection against third-party claims and liability allocation
12. General Provisions: Standard legal provisions including governing law, dispute resolution, and notices
1. Joint Development: Terms for collaborative development of new intellectual property, used when parties plan to work together on improvements
2. Territory Restrictions: Geographical limitations on license rights, included when licenses are territory-specific
3. Sub-licensing Rights: Terms governing the right to sub-license, included when sub-licensing is permitted
4. Marketing and Branding: Requirements for use of trademarks and branding, included when licensed IP includes trademarks
5. Audit Rights: Provisions for auditing royalty calculations and payments, included in royalty-bearing licenses
6. Export Control: Compliance with international trade regulations, included for cross-border licensing
7. Source Code Escrow: Terms for software source code escrow, included when licensing software
8. Training and Support: Terms for technical support and knowledge transfer, included when implementation support is needed
1. Schedule A - Licensed Patents: Detailed list of patents included in the cross-license
2. Schedule B - Licensed Trademarks: Detailed list of trademarks included in the cross-license
3. Schedule C - Technical Specifications: Technical details and specifications of licensed technology
4. Schedule D - Quality Standards: Detailed quality control requirements and specifications
5. Schedule E - Royalty Calculations: Detailed methodology for calculating any royalties or payments
6. Schedule F - Reporting Templates: Standard forms for required reports and notifications
7. Appendix 1 - Approved Sub-contractors: List of approved third parties for manufacturing or distribution
8. Appendix 2 - Territory Map: Geographical definitions of licensed territories
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Cross Licensing Agreement
A South African law-governed agreement enabling mutual exchange of intellectual property rights between parties through cross-licensing arrangements.
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