International Manufacturing License Agreement
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Description
The International Manufacturing License Agreement establishes a relationship between two companies, Licensor and Licensee, whereby the Licensor grants a license of Intellectual Property Rights (patents, trademarks, utility models, industrial designs, know how) that are required in order for the Licensee to manufacture and sell the products in a defined territory, usually a country. In the most important aspects of the contract (technology, exclusivity, royalties, termination of contract, applicable law and competent jurisdiction, etc.) different alternatives have been provided, for the most appropriate one to be selected according to who drafts the contract (Licensor or Licensee). In the event that Licensor only grants to Licensee the use of the trademark but not patents or other Intellectual Property Rights, the International Trademark License Agreement should be used. The language of this contract is English. It is also available in Spanish. |