Common use of Technology Licensing Clause in Contracts

Technology Licensing. During the Cooperation Period, subject to applicable laws and regulations, Party A shall, according to specific business conditions, grant Party B a worldwide, sub-licensable, non-assignable license to use, copy, modify and sell the technologies owned by Party A in finance context (technologies under the Agreement include but are not limited to patents, know-how, software and technologies used in products purchased by Party B from Party A, collectively referred to as “Licensed Technologies”). The specific licensing arrangements shall be agreed in separate agreement signed by the parties.