The Non-Exclusive Perpetual Licence is designed for situations where ongoing, permanent rights to use intellectual property are required, but the owner wishes to retain the ability to license the same rights to others. This document, governed by English and Welsh law, is commonly used in technology licensing, content distribution, and industrial applications. It defines the scope of permitted use, any territorial restrictions, quality control requirements, and payment terms. The agreement provides certainty for long-term business planning while protecting the licensor's intellectual property rights and ability to generate multiple revenue streams.
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1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and ownership of licensed material
3. Definitions: Key terms used throughout the agreement
4. Grant of Licence: Scope and nature of the licence granted, including non-exclusive and perpetual nature
5. Licensed Material: Detailed description of what is being licensed
6. Term and Termination: Duration (perpetual) and any termination provisions for breach
7. Payment Terms: Fees, royalties, and payment schedules
8. Warranties and Indemnities: Legal guarantees and protection provisions
9. Governing Law: Specification of English and Welsh law as governing law
1. Quality Control: Standards and requirements for using licensed material
2. Sub-licensing Rights: Rights and restrictions regarding sub-licensing to third parties
3. Territory Restrictions: Geographical limitations on usage of licensed material
4. Reporting Requirements: Obligations to report usage or sales statistics
1. Schedule 1: Licensed Material: Detailed specification of the intellectual property being licensed
2. Schedule 2: Technical Requirements: Technical specifications and requirements for usage
3. Schedule 3: Fee Schedule: Detailed breakdown of fees and payment terms
4. Schedule 4: Usage Guidelines: Specific guidelines and restrictions for using the licensed material
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