The Co-Exclusive License Agreement template is specifically designed for use in situations where an intellectual property rights holder wishes to grant shared exclusive rights to multiple licensees while maintaining more control than in a non-exclusive arrangement, but with greater market flexibility than a sole exclusive license. This document is particularly relevant in the Indonesian market, where business relationships often benefit from collaborative arrangements. The agreement complies with Indonesian intellectual property laws, including Law No. 13 of 2016 on Patents, Law No. 20 of 2016 on Trademarks, and Law No. 28 of 2014 on Copyright, as well as relevant competition laws. It includes essential provisions for license registration, territorial restrictions, quality control, and dispute resolution mechanisms specific to the Indonesian jurisdiction. The Co-Exclusive License structure is particularly useful in large markets where multiple operators can more effectively serve different market segments or geographical areas while maintaining some degree of exclusivity.
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1. Parties: Identification of the licensor and co-exclusive licensees with their full legal names and addresses
2. Background: Context of the agreement, including description of the licensed property and the basis for the co-exclusive arrangement
3. Definitions: Definitions of key terms used throughout the agreement, including Licensed Property, Territory, and Term
4. Grant of License: Specific rights granted to the co-exclusive licensees, including scope, territory, and any restrictions
5. Term and Termination: Duration of the license and circumstances under which it may be terminated
6. Payment Terms: License fees, royalties, payment schedules, and reporting requirements
7. Licensee Obligations: Key responsibilities and commitments of the licensees, including quality control and reporting
8. Licensor Obligations: Key responsibilities and commitments of the licensor, including maintenance of IP rights
9. IP Protection: Provisions for protecting the licensed intellectual property and handling infringement
10. Confidentiality: Protection of confidential information exchanged during the license period
11. Warranties and Representations: Standard warranties regarding ownership, authority to license, and non-infringement
12. Indemnification: Mutual indemnification obligations for various risks
13. Governing Law: Specification of Indonesian law as governing law and jurisdiction
14. Dispute Resolution: Process for resolving disputes, including choice of forum and arbitration provisions
15. General Provisions: Standard boilerplate clauses including notices, assignment, and amendment procedures
1. Quality Control: Detailed quality standards and control procedures, required when licensing involves manufacturing or service delivery
2. Marketing and Promotion: Guidelines for marketing the licensed property, needed when licensees have marketing rights
3. Technology Transfer: Provisions for technical assistance and knowledge transfer, relevant when licensing includes technical IP
4. Export Controls: Required when the licensed property is subject to export regulations
5. Competition Compliance: Specific provisions ensuring compliance with competition laws, needed in sensitive markets
6. Regulatory Compliance: Industry-specific compliance requirements, needed in regulated sectors
7. Sub-licensing Rights: Terms for sub-licensing if permitted under the agreement
8. Insurance: Insurance requirements, particularly relevant for high-risk industries
9. Force Majeure: Extended force majeure provisions for specific industry risks
10. Change of Control: Provisions dealing with ownership changes in licensee companies
1. Schedule 1 - Licensed Property: Detailed description of the intellectual property being licensed
2. Schedule 2 - Territory: Detailed definition of the geographic territories covered by the license
3. Schedule 3 - Fee Schedule: Detailed breakdown of all fees, royalties, and payment terms
4. Schedule 4 - Quality Standards: Technical specifications and quality standards for licensed products/services
5. Schedule 5 - Reporting Templates: Standard forms for required periodic reports
6. Schedule 6 - Approved Sub-contractors: List of pre-approved sub-contractors if relevant
7. Appendix A - Technical Specifications: Technical details of the licensed technology or processes
8. Appendix B - Brand Guidelines: Guidelines for use of licensed trademarks or branding
9. Appendix C - Compliance Procedures: Detailed compliance and monitoring procedures
Relevant legal definitions
Clauses
Relevant Industries
Technology
Manufacturing
Pharmaceuticals
Biotechnology
Software Development
Consumer Products
Industrial Equipment
Media and Entertainment
Telecommunications
Research and Development
Automotive
Fashion and Luxury Goods
Relevant Teams
Legal
Intellectual Property
Business Development
Commercial
Research and Development
Compliance
Corporate Strategy
Technology Transfer
Innovation
International Operations
Licensing Operations
Product Development
Relevant Roles
Legal Counsel
Intellectual Property Manager
Licensing Director
Business Development Manager
Commercial Director
Chief Technology Officer
Head of Research and Development
Compliance Officer
Contract Manager
Chief Legal Officer
Head of Intellectual Property
Innovation Director
Strategic Partnerships Manager
General Counsel
Technology Transfer Officer
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