Foreign Licensing Agreement

Foreign Licensing Agreement Template for England and Wales

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Key Requirements PROMPT example:

"I need a Foreign Licensing Agreement to license our UK-based pharmaceutical technology to a Japanese manufacturer, including provisions for quality control and regulatory compliance, with the agreement to commence on March 1, 2025."

Document background

Foreign Licensing Agreements are essential instruments for businesses expanding their intellectual property rights internationally. These agreements, governed by English and Welsh law, establish the framework for cross-border licensing relationships, defining how intellectual property can be used in foreign territories. The document typically includes detailed provisions on licensing scope, territory definitions, payment structures, quality control, and compliance with local regulations. Foreign Licensing Agreements are particularly crucial when companies seek to monetize their intellectual property globally while maintaining control over their assets and ensuring compliance with international laws.

Suggested Sections

1. Parties: Full legal names and addresses of the licensor and licensee

2. Background: Context of the agreement and brief description of the intellectual property being licensed

3. Definitions: Key terms used throughout the agreement including Licensed Rights, Territory, Term, etc.

4. Grant of License: Scope of rights being licensed, including territory, exclusivity, and field of use

5. Payment Terms: License fees, royalties, payment schedule, and reporting requirements

6. Term and Termination: Duration of agreement and circumstances for termination

7. IP Protection: Obligations regarding IP protection and enforcement

8. Warranties and Indemnities: Standard warranties and indemnification provisions

9. Governing Law: Specification of English and Welsh law as governing law

Optional Sections

1. Quality Control: Standards for product quality and inspection rights (used when licensing involves manufacturing or product development)

2. Improvements: Rights and obligations regarding technological improvements (used for technology licenses where ongoing development is expected)

3. Sub-licensing Rights: Terms for sub-licensing if permitted (used when licensee may need to sub-license rights)

4. Export Controls: Compliance with export regulations (used when licensed rights involve controlled technology or cross-border activities)

Suggested Schedules

1. Schedule 1 - Licensed Rights: Detailed description of IP being licensed including registration numbers

2. Schedule 2 - Territory: Detailed definition of geographic territory covered

3. Schedule 3 - Royalty Calculations: Detailed methodology for calculating royalties

4. Schedule 4 - Technical Specifications: Technical details and standards for licensed technology

5. Schedule 5 - Approved Sub-licensees: List of pre-approved sub-licensees if applicable

6. Schedule 6 - Quality Standards: Detailed quality control requirements and specifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Relevant Teams

Relevant Roles

Industries

Patents Act 1977: Core UK legislation governing patent rights, registration, and enforcement for inventions

Copyright, Designs and Patents Act 1988: Primary legislation protecting creative works, designs, and related intellectual property rights

Trade Marks Act 1994: Legislation governing trademark protection, registration, and enforcement in the UK

Registered Designs Act 1949: Law protecting the visual design of products in the UK

Trade Secrets (Enforcement) Regulations 2018: Regulations protecting confidential business information and know-how

Unfair Contract Terms Act 1977: Legislation regulating unfair terms in contracts and limiting the extent to which liability can be excluded

Contracts (Rights of Third Parties) Act 1999: Law governing when third parties can enforce terms of a contract

Competition Act 1998: Primary legislation governing competition law and anti-competitive practices in the UK

Export Control Act 2002: Framework for controlling the export of strategic goods and technology

Export Control Order 2008: Detailed regulations on export control requirements and procedures

Sanctions and Anti-Money Laundering Act 2018: Framework for imposing and implementing sanctions and preventing money laundering

UK GDPR: Post-Brexit data protection regulation incorporating EU GDPR principles into UK law

Data Protection Act 2018: UK's implementation of data protection standards and requirements

Income Tax Act 2007: Legislation governing income tax obligations including licensing revenue

Corporation Tax Act 2009: Law governing taxation of corporate entities including international licensing arrangements

Financial Services and Markets Act 2000: Regulation of financial services and markets including international payments

Money Laundering Regulations 2017: Requirements for preventing and detecting money laundering in business transactions

Arbitration Act 1996: Framework for arbitration proceedings and enforcement of arbitral awards

Private International Law (Miscellaneous Provisions) Act 1995: Rules governing choice of law in international contracts and disputes

Vienna Convention on the Law of Treaties: International convention establishing framework for interpretation of treaties between states

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Foreign Licensing Agreement Template for England and Wales

Let's create your Foreign Licensing Agreement