Document background
This Exclusive License agreement template is designed for use in the Australian jurisdiction when a rights holder (licensor) wishes to grant exclusive rights to another party (licensee) to exploit specific intellectual property. The document is particularly valuable when the parties require a comprehensive framework for an exclusive commercial relationship involving intellectual property rights, whether they be patents, trademarks, copyright, or trade secrets. It includes provisions compliant with Australian intellectual property and competition laws, addressing crucial elements such as exclusivity terms, quality control, performance requirements, and commercial terms. This template should be used when the licensor intends to grant sole rights to the licensee, preventing the licensor from licensing the same rights to other parties or exploiting the rights themselves within the defined scope and territory.
