The Implied License Patent agreement is essential when circumstances or conduct between parties suggest an implicit right to use a patented invention. Under Singapore's legal framework, this document formalizes these implied rights, providing clarity on scope, duration, and limitations. It's particularly relevant when direct licensing agreements haven't been executed but business relationships or transactions indicate an intended grant of patent rights. The document addresses key aspects such as permitted uses, territorial restrictions, and compliance with Singapore's Patents Act.
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1. Parties: Identification of licensor and licensee, including full legal names and addresses
2. Background: Context of the patent and circumstances leading to implied license, including reference to relevant patents
3. Definitions: Key terms used in the agreement including Patent, Licensed Products, Field of Use, and Territory
4. Scope of License: Extent and limitations of the implied license rights, including permitted uses and restrictions
5. Duration: Term of the implied license and conditions for termination
6. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Confidentiality: Terms regarding protection and handling of confidential information exchanged between parties
2. Dispute Resolution: Procedures for resolving disputes, including mediation and arbitration provisions
3. Territory: Geographical scope of the license and any territorial restrictions
1. Schedule 1 - Patent Details: Technical specifications and patent registration details including patent numbers and filing dates
2. Schedule 2 - Product Specifications: Detailed specifications of products covered by the implied license
3. Schedule 3 - Related Patents: List of related patents and patent applications covered by the implied license
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