The following IP precedent provides comprehensive and up to date legal information covering:
This AGREEMENT is made on [insert date]
[insert name of party] [of OR a company incorporated in [England and Wales] under number [insert registered number] whose registered office is at] [insert address] (Licensor); and
[insert name of party] [of OR a company incorporated in [England and Wales] under number [insert registered number] whose registered office is at] [insert address] (Licensee), (each of the Licensor and the Licensee being a party and together the Licensor and Licensee are the parties).
The Licensor owns all proprietary rights and interests in and to the Work;
The Licensor has agreed to grant a licence to the Licensee and the Licensee has agreed to take a licence on the terms of this Agreement.
The parties agree:
Definitions and interpretation
In this Agreement:
means any entity that directly or indirectly Controls, is controlled by or is under common Control with, another entity;
means information disclosed by or on behalf of a party (the Disclosing Party) to the other party (the Receiving Party) under or in connection with this Agreement which is marked as confidential, or which the Disclosing Party has indicated to the Receiving Party is confidential, or which would be regarded as confidential by a reasonable business person;
[means the beneficial ownership of more than 50% of the issued share capital of a company or
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