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CM Advocates - Nigeria > Trade Secret License Agreement

Trade Secret License Agreement

A trade secret license agreement is used when a licensor intends to grant license to the licensee for the use of proprietary rights in such technology and information as may be discussed.

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Table of Contents

1. DEFINITIONS. 1
2. LICENSE 3
3. TECHNOLOGY TRANSFER. 3
4. IMPROVEMENTS 4
5. PAYMENTS 4
6. PROPRIETARY RIGHTS. 6
7. COMPLIANCE WITH LAWS 7
8. CONFIDENTIALITY 8
9. WARRANTIES 9
10. INDEMNIFICATION. 9
11. LIMITATION OF LIABILITY. 10
12. TERM AND TERMINATION 10
13. ASSIGNMENT 12
14. NOTICES 13
15. SURVIVAL OF RIGHTS, DUTIES AND OBLIGATIONS 14
16. WAIVER 14
17. VARIATION 14
18. CUMULATIVE RIGHTS AND REMEDIES 14
19. ENTIRE AGREEMENT 16
20. TIME OF THE ESSENCE 16
21. THIRD PARTY RIGHTS. 16
22. AUTHORITY TO EXECUTE 16
23. NO AGENCY OR PARTNERSHIP 16
24. ASSIGNMENT 16
25. SET-OFF 17
26. CONCLUSIVE EVIDENCE 17
27. COSTS 17
28. COUNTERPARTS 17
29. GOVERNING LAW 17

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