Document background
This Sole License agreement template is designed for use under Danish law when a rights holder (licensor) wishes to grant exclusive rights to another party (licensee) to use specific intellectual property, technology, or other proprietary assets within defined parameters. The document is particularly valuable when the parties require a comprehensive framework for an exclusive licensing arrangement that prevents the licensor from granting similar rights to other parties within the same scope. It includes essential provisions required under Danish law, including those governed by the Danish Contracts Act and Copyright Act, while addressing commercial aspects such as payment terms, quality control, and performance requirements. The agreement is structured to protect both parties' interests while ensuring compliance with Danish legal requirements and commercial practices. This type of Sole License is commonly used in various commercial contexts, from technology licensing to brand merchandising, and can be customized to accommodate specific industry requirements while maintaining its core exclusive nature.
