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This Non-Exclusive Royalty License agreement template is designed for situations where an intellectual property owner wishes to grant usage rights to multiple licensees while maintaining ownership and control of the IP. It is particularly relevant in commercial scenarios requiring structured royalty payments and clear usage parameters under Danish jurisdiction. The document includes comprehensive provisions for royalty calculations, payment schedules, quality control measures, and compliance requirements. It is specifically tailored to comply with Danish contract law, intellectual property regulations, and competition law requirements, making it suitable for both domestic and international licensing arrangements. The agreement provides flexibility for various types of intellectual property while maintaining the necessary legal protections and commercial interests of both parties.

1. Parties: Identification and details of the licensor and licensee

2. Background: Context of the agreement and brief description of the parties' business relationship

3. Definitions: Definitions of key terms used throughout the agreement

4. Grant of License: Scope of the non-exclusive license, permitted uses, and territory

5. Royalty Payments: Royalty rates, calculation methods, payment terms, and reporting requirements

6. Licensed Property: Detailed description of the intellectual property being licensed

7. Term and Termination: Duration of the agreement and circumstances for termination

8. Obligations of the Licensor: Licensor's commitments regarding the licensed property

9. Obligations of the Licensee: Licensee's commitments regarding use of the licensed property

10. Quality Control: Standards and requirements for use of the licensed property

11. Records and Audit Rights: Requirements for maintaining records and licensor's audit rights

12. Intellectual Property Protection: Provisions for protecting the licensed IP and handling infringement

13. Representations and Warranties: Standard warranties and representations from both parties

14. Liability and Indemnification: Limitation of liability and indemnification obligations

15. Confidentiality: Protection of confidential information exchanged under the agreement

16. Governing Law and Jurisdiction: Specification of Danish law and jurisdiction

17. General Provisions: Standard boilerplate clauses including notices, assignment, and amendments