This Licence is made on [insert date] (Commencement Date):

Parties

1. 1

   [insert licensor name] a company incorporated in [England and Wales] under number [insert company number] and whose Registered office is at [insert address] (the Licensor); and

1. 2

   [insert licensee name] a company incorporated in [England and Wales] under number [insert company number] and whose registered office is at [insert address] (the Licensee)

(each of the Licensor and the Licensee being a party and together the Licensor and the Licensee are the parties).

Background

1. 1. (A)

      [Explain relationship between the Licensor and the Licensee.]

   1. (B)

      [The Licensor has entered into an agreement with the Licensee [dated [insert date]] (Main Agreement) for [insert other description of relevant transaction (referencing any relevant related agreements)] (‘Transaction’).]

   1. (C)

      The Licensor has agreed to license, and the Licensee has agreed to take a licence of certain Intellectual Property Rights that the Licensee wishes to use or take the benefit of on the terms of this Licence.

   1. (D)

      [This Licence is conditional upon [the Main Agreement being entered into between the parties on or before the date of this Licence].]

   1. (E)

      [Insert other recitals as appropriate]

Licence