Legal Documents
Technology License Agreement
A Technology Licence Agreement is an agreement between the owner of the technology and another party whereby the owner grants the other party the right to use the technology in consideration of the party paying a licence fee.
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Table of Contents
1. DEFINITIONS AND INTERPRETATIONS 3
2. LICENCE GRANTED 5
3. LICENCE FEE 5
4. OWNERSHIP OF DERIVATIVE TECHNOLOGY 6
5. DURATION 6
6. CONFIDENTIALITY 6
7. LICENSOR’S WARRANTIES 7
8. LIMITATION OF LIABILITY 7
9. INFRINGEMENT 8
10. DATA PROTECTION 9
11. TERMINATION 11
12. DISPUTE RESOLUTION 12
13. TIME OF THE ESSENCE 13
14. ENTIRE AGREEMENT 13
15. VARIATION 13
16. WAIVER 13
17. SEVERANCE 14
18. NOTICES 14
19. THIRD PARTY RIGHTS. 14
20. ASSIGNMENT AND OTHER DEALINGS 14
21. AUTHORITY TO EXECUTE 15
22. NO AGENCY OR PARTNERSHIP 15
23. SURVIVAL 15
24. NON-EXCLUSIVITY 15
25. CONCLUSIVE EVIDENCE 15
26. COSTS 15
27. COUNTERPARTS 15
28. GOVERNING LAW 15