Technology Transfer Block Exemption—standard clauses (short form)
Technology Transfer Block Exemption—standard clauses (short form)

The following IP precedent provides comprehensive and up to date legal information covering:

  • Standard clause—general
  • Definitions
  • Grant of licence
  • Short-form standard clauses avoiding hardcore restrictions—between competitors
  • Prices
  • Output
  • Restriction on ability to exploit own technology or carry out research and development
  • Allocation of markets or customers
  • Short-form standard clauses avoiding hardcore restrictions—between non-competitors
  • Prices
  • More...

Standard clause—general

Definitions

  1. 1

    Active Sales

    1. means actively approaching individual customers or marketing/advertising directly to specific customer groups, or customers in a particular territory in order to make sales;

    Contract Products

    1. means goods and/or services produced with the Licensed Technology;

    Exclusive Customer Groups

    1. is defined in Schedule [insert], with the relevant exclusive customers identified therein;

    Exclusive Term

    1. is defined in Schedule [insert];

    Exclusive Territory

    1. is defined in Schedule [insert], with the relevant territories identified therein;

    [Fees

    1. means all fees payable under this Agreement, as set out in Schedule [insert], including without limitation the [insert details of specified fees], [and the Royalties];]

    Intellectual Property Rights

    1. means [insert definition, and relevant definitions of particular rights as referred to below];

    Know-how

    1. means all know-how, data and other information developed by the Licensor prior to [insert applicable date] relating to the subject matter of the [Technology Rights OR Know-how] or a combination thereof, as outlined in Schedule [insert];

    Licensed Field

    1. means the field(s) of [insert description];

    Licensed Technology

    1. means [[insert description] AND/OR the technology known as [insert name], and described in detail in the [attached] specification];

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