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CANADA STRATEGIC METALS INC. INSTRUCTIONS FOR EXECUTION OF SUBSCRIPTION AGREEMENT FOR SUBSCRIPTION RECEIPTS 1. Complete and sign the sections under the heading Subscription and Subscribers Information on
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Step 1: Begin by obtaining a copy of the know-how license agreement template.
02
Step 2: carefully read through the entire agreement to understand its terms and obligations.
03
Step 3: Ensure that the agreement includes all necessary information such as the names and contact details of both parties involved, a detailed description of the know-how being licensed, and the duration and territorial scope of the license.
04
Step 4: Negotiate and agree upon any additional terms or modifications to the agreement if needed.
05
Step 5: Once the agreement is finalized, both parties should sign and date the document to indicate their acceptance of the terms and conditions.
06
Step 6: Make copies of the signed agreement for both parties' records.
07
Step 7: Ensure that all necessary payments or royalty fees are discussed and clearly mentioned in the agreement.
08
Step 8: Adhere to the terms of the agreement throughout the duration of the license.
09
Step 9: Seek legal advice if needed to ensure compliance with local laws and regulations.
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Step 10: Regularly review and update the agreement as necessary to maintain its relevancy and effectiveness.

Who needs know-how license agreement by?

01
Companies or individuals who have developed valuable know-how that they wish to license to others.
02
Companies or individuals who are interested in obtaining access to know-how owned by another party.
03
Both licensors and licensees who want to establish clear rights, obligations, and limitations for the use of know-how.
04
Entrepreneurs or businesses seeking to expand their operations by licensing know-how from others.
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Innovation-driven industries such as technology, pharmaceuticals, engineering, and manufacturing.
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A know-how license agreement is a legal contract that grants one party the right to use the technical knowledge or expertise of another party to produce a good or provide a service.
Typically, both the licensor (the party granting the license) and the licensee (the party receiving the license) are required to file the know-how license agreement to ensure compliance with relevant regulations.
To fill out a know-how license agreement, clearly identify the parties involved, specify the scope of the license, outline the terms and conditions, and include any fees or royalties applicable.
The purpose of a know-how license agreement is to protect intellectual property rights, facilitate the transfer of specialized knowledge, and define the operational parameters between licensors and licensees.
Information such as the names of the parties, description of the know-how, terms of the agreement, any financial arrangements, and duration of the license must be reported in the agreement.
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