The first part of the template, as it reads in Word. Blanks are shown as lines; the drafting notes sit in the margin of the file.
INTELLECTUAL PROPERTY LICENCE AGREEMENT
This Licence Agreement (the “Agreement”) is made on ____________________ between:
(1) ____________________ LTD, a company registered in England and Wales (registration number ____________) whose registered office is at ______________________________________________ (the “Licensor”); and
(2) ____________________ (☐ company number ____________ / ☐ individual) of ______________________________________________ (the “Licensee”).
The Parties agree as follows:
1. Definitions and interpretation
“Affiliate”: in relation to a party, any entity that controls it, is controlled by it, or is under common control with it.
“Business Day”: a day other than a Saturday, Sunday or public holiday in England.
“Effective Date”: the date of this Agreement.
“Fees”: the fees and royalties in Schedule 1.