The Co-Exclusive License agreement is designed for situations where a rights holder wishes to grant exclusive licensing rights to a limited number of licensees, typically in specific territories or for distinct applications. This document is particularly relevant in the Canadian market where businesses need to comply with federal intellectual property laws and provincial contract regulations. It includes comprehensive provisions for rights allocation, quality control, royalty structures, and enforcement mechanisms, making it suitable for complex licensing arrangements. The agreement is commonly used when complete exclusivity is not desired or practical, but the licensor wants to maintain more control than a non-exclusive license would provide. The document addresses specific requirements under Canadian law, including Competition Act compliance and provincial contract law principles.
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1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of License: Specific rights being granted and the co-exclusive nature of the license
5. Territory and Term: Geographic scope and duration of the license
6. License Fees and Royalties: Financial terms, payment schedules, and reporting requirements
7. Quality Control: Standards and requirements for use of the licensed property
8. Protection and Enforcement: Rights and obligations regarding protecting the licensed property and enforcement against infringement
9. Representations and Warranties: Statements of fact and promises by both parties
10. Termination: Circumstances and procedures for ending the agreement
11. Post-Termination Obligations: Obligations and rights of parties after agreement ends
12. General Provisions: Standard legal clauses including notices, governing law, etc.
1. Improvements and Modifications: Rights and obligations regarding improvements to the licensed property, used when licensing technology or patents
2. Minimum Performance Requirements: Specific performance targets licensee must meet, used in commercial exploitation licenses
3. Export Control: Compliance with export regulations, needed for international licenses
4. Source Code Escrow: Terms for source code protection and access, used in software licenses
5. Data Protection: Specific provisions for handling personal data, required if personal data is involved
6. Training and Support: Terms for technical support and training, used in complex technical licenses
7. Marketing and Promotion: Requirements for marketing the licensed property, used in brand licenses
1. Schedule A - Licensed Property: Detailed description of the intellectual property being licensed
2. Schedule B - Territory: Detailed description of geographic territories and any exclusions
3. Schedule C - Royalty Calculations: Detailed formulas and examples for calculating royalties
4. Schedule D - Quality Control Standards: Specific quality requirements and testing procedures
5. Schedule E - Approved Sub-licensees: List of pre-approved sub-licensees if applicable
6. Schedule F - Technical Specifications: Technical details and requirements for licensed technology
7. Appendix 1 - Trademark Usage Guidelines: Specific requirements for using licensed trademarks
Authors
Relevant legal definitions
Clauses
Relevant Industries
Technology and Software
Manufacturing
Pharmaceuticals and Healthcare
Media and Entertainment
Consumer Goods
Telecommunications
Biotechnology
Research and Development
Fashion and Apparel
Automotive
Relevant Teams
Legal
Intellectual Property
Business Development
Commercial
Research and Development
Technology Transfer
Compliance
Finance
Corporate Development
Relevant Roles
Intellectual Property Counsel
Licensing Manager
Business Development Director
Chief Technology Officer
Commercial Director
Legal Counsel
Contract Manager
IP Portfolio Manager
Technology Transfer Officer
Chief Legal Officer
Business Development Executive
Innovation Director
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