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Master Licensing Agreement (Draft)

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Master Licensing Agreement (Draft) - attorney-drafted template. Party names and deal-specific details have been replaced with neutral placeholders. Review before use.

(1) [COMPANY]

- and -

(2) [COMPANY]

CONTENTS

This License Agreement is made on [ month],

BETWEEN:

(1) [[COMPANY]] (business register number [(]), a company organized and existing under the laws of Norway, having its principal place of business at [address], Norway ("[[COMPANY]]" or "Licensor"); and

(2) [COMPANY] (business register number [ENTITY ID]), a company organized and existing under the laws of Norway, having its principal place of business at [ADDRESS] ("[COMPANY]" or "Licensee")

Background

In relation to the Memorandum of Understanding [dated [DATE]] for the financing of [LICENSOR SHORT NAME] (to be incorporated as a wholly-owned subsidiary of [LICENSEE SHORT NAME])

Where [COMPANY] ([COMPANY]) agrees to fund and otherwise contribute to the development of the intellectual property assets that [COMPANY] will acquire from [COMPANY]

Whereas the intention of this License Agreement is that, the intellectual property shall be licensed from [LICENSOR SHORT NAME] to [LICENSEE SHORT NAME], and that [LICENSEE SHORT NAME] can arrange for production and distribution of products based on the intellectual property as appropriate to relevant third-party entities.

IT IS hereby AGREED:

Definitions and interpretations

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Master Licensing Agreement (Draft)

General Agreements