Common Contracts
1 similar Licence Agreement contracts
Technology Licence AgreementLicence Agreement • October 13th, 2020
Intangible assets can be transferred by way of a contribution to capital, a sale or a licence. In the event of a transfer by licence, licensors need a high degree of legal certainty when sharing technological know-how with other parties. The need for an accurate and comprehensive licence agreement is therefore obvious. This model agreement describes the licence of technology required for the manufacture of a specified product. A Technology Licence Agreement can be either exclusive or non-exclusive. An exclusive licence normally carries a higher royalty rate than a non-exclusive licence. It should be noted that when the parties to the agreement are competing undertakings within the meaning of Regulation (EC) No 772/2004 of 27 April 2004 on the application of article 81(3) of the EC Treaty to certain categories of technology transfer agreements, article 81(1) EC shall not apply to the agreement if the combined market share of the parties is less than 20% of the relevant technical and pro
