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Co Exclusive License Template for Belgium

A Co-Exclusive License Agreement under Belgian law is a sophisticated legal instrument that grants shared exclusive rights to multiple licensees while maintaining exclusivity against all other third parties. This agreement operates within the framework of Belgian intellectual property law and EU competition regulations, providing a balanced approach to commercializing intellectual property rights. The document addresses the complex relationship between co-licensees, territorial restrictions, field-of-use limitations, and includes specific provisions for maintaining quality standards and protecting IP rights. It incorporates Belgian-specific legal requirements while ensuring compliance with broader EU regulations, particularly regarding competition law and technology transfer.

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What is a Co Exclusive License?

This Co-Exclusive License Agreement template is designed for use under Belgian law when intellectual property owners wish to grant exclusive rights to multiple licensees while maintaining exclusivity against third parties. It is particularly useful in situations where market segmentation, territorial division, or field-of-use restrictions are desired, while still maintaining the benefits of exclusivity. The document incorporates essential elements required under Belgian law and EU regulations, including competition law compliance, registration requirements, and specific provisions for co-existence between licensees. It provides a comprehensive framework for managing intellectual property rights, royalty structures, quality control, and dispute resolution mechanisms. This type of agreement is commonly used in technology transfer, pharmaceutical licensing, and other industries where shared exclusive rights can optimize market exploitation while maintaining strong IP protection.

What sections should be included in a Co Exclusive License?

1. Parties: Identification of the licensor and licensee with full legal details

2. Background: Context of the agreement, description of the intellectual property, and purpose of the license

3. Definitions: Defined terms used throughout the agreement, including specific technical terms and scope-related definitions

4. Grant of Rights: Detailed description of the co-exclusive license, its scope, territory, and field of use

5. Co-Exclusivity Provisions: Specific terms regarding the shared exclusive nature of the license and relationship between co-licensees

6. Payment Terms: License fees, royalties, payment schedules, and reporting requirements

7. Protection of IP Rights: Obligations regarding IP protection, infringement actions, and cooperation

8. Quality Control: Standards, specifications, and quality requirements for licensed products/services

9. Confidentiality: Protection of confidential information exchanged during the agreement

10. Term and Termination: Duration of the agreement and grounds for termination

11. Post-Termination: Obligations and rights after agreement termination

12. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement

What sections are optional to include in a Co Exclusive License?

1. Minimum Performance Requirements: Include when specific performance targets are required from licensees

2. Improvements: Include when parties want to address rights to improvements of the licensed IP

3. Sub-licensing Rights: Include when sub-licensing is permitted

4. Manufacturing and Supply: Include for licenses involving physical products or manufacturing rights

5. Marketing and Promotion: Include when specific marketing obligations or restrictions apply

6. Technical Support: Include when the licensor provides technical assistance or support

7. Data Protection: Include when personal data processing is involved

8. Export Control: Include for international licensing arrangements

What schedules should be included in a Co Exclusive License?

1. Schedule 1 - Licensed Intellectual Property: Detailed description of the licensed IP, including registration numbers

2. Schedule 2 - Territory and Field of Use: Detailed definition of geographical territory and permitted applications

3. Schedule 3 - Payment Terms: Detailed royalty calculations, payment schedules, and reporting forms

4. Schedule 4 - Technical Specifications: Technical requirements and quality standards

5. Schedule 5 - Other Co-Licensees: List of other co-exclusive licensees and their territories/fields

6. Appendix A - Approved Forms of Marketing Materials: Templates or guidelines for marketing materials

7. Appendix B - Reporting Templates: Standard forms for periodic reporting

Authors

Alex Denne

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

Jurisdiction

Belgium

Publisher

Genie AI

Document Type

License Agreement

Sector

IP

Cost

Free to use

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