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EXCLUSIVE PATENT License AGREEMENT MADE AND ENTERED INTO BY AND BETWEEN: THE SIR a statutory council, duly established under Act 46 of 1988 of the Republic of South Africa, through its Operating Unit
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How to fill out csir-template-exclusive-patent-licence-agreementdocx - techtransfer csir:
01
Start by downloading the csir-template-exclusive-patent-licence-agreementdocx from the techtransfer csir website.
02
Open the document in a word processing software or application that is compatible with .docx files.
03
Begin by filling out the header section of the agreement, which includes the names of the licensor and licensee, as well as their contact information.
04
Move on to the recitals section and provide a brief background or introduction to the agreement, explaining the purpose and context of the patent license.
05
Review the definitions and interpretations section to ensure that you understand the terms and phrases used throughout the agreement.
06
Proceed to the grant and scope of license section. Specify the intellectual property rights being licensed, including any relevant patent numbers or names. Define the scope and duration of the license agreement.
07
Consider any limitations or restrictions that should be included in the license agreement, such as geographical limitations or limitations on sublicensing.
08
Address any financial considerations, such as royalty payments or upfront fees, in the consideration section.
09
In the representations and warranties section, both the licensor and licensee should make statements about their legal rights and authority, as well as any warranties related to the technology or intellectual property being licensed.
10
Carefully read and understand the confidentiality provisions outlined in the agreement, ensuring that you are comfortable with the level of protection provided.
11
Review and fill out any additional sections or clauses that are relevant to your specific agreement, such as dispute resolution or termination clauses.
12
Once you have filled out all the necessary sections, carefully review the entire agreement for accuracy, clarity, and consistency.
13
If necessary, seek legal advice or consult with relevant experts to ensure that the agreement meets your specific needs and requirements.
14
Finally, both the licensor and licensee should sign and date the document, indicating their acceptance and agreement to the terms outlined.
Who needs csir-template-exclusive-patent-licence-agreementdocx - techtransfer csir:
01
Researchers or inventors who have developed a patented technology and want to license it to others for commercial use.
02
Entrepreneurs or businesses who are interested in obtaining exclusive rights to use and exploit a specific patent for their own commercial purposes.
03
Technology transfer offices or intellectual property departments within research organizations or universities that handle the licensing and transfer of patents to external parties.
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csir-template-exclusive-patent-licence-agreementdocx is a template for an exclusive patent license agreement used by the Council of Scientific and Industrial Research (CSIR) for technology transfer purposes.
The parties involved in the patent license agreement are required to file the csir-template-exclusive-patent-licence-agreementdocx document with CSIR.
The csir-template-exclusive-patent-licence-agreementdocx document should be filled out by providing the relevant information about the parties, the patent involved, the scope of license, and other necessary details.
The purpose of the csir-template-exclusive-patent-licence-agreementdocx is to outline the terms and conditions of an exclusive patent license agreement between the licensee and licensor.
The csir-template-exclusive-patent-licence-agreementdocx should include details such as names of parties, description of patented technology, scope of exclusive license, duration of agreement, royalty terms, etc.
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