International Technology Transfer Contract
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Description
As technology and Intellectual Property Rights become increasingly important, more and more companies expand their international business through International Technology Transfer Contracts. This contract template covers the situation where a manufacturer (Licensor) licenses a package of information, Intellectual Property Rights, technical assistance or know-how to a licensee company. The licensee can then manufacture and distribute the products in a defined territory (usually a country) using the licensor’s technology. In the most important aspects of the contract (technology, exclusivity, royalties, termination of the contract, applicable law and competent jurisdiction, etc.) different alternatives have been provided, for the most appropriate one to be selected according to who drafts the contract (Licensor or Licensee). The International Technology Transfer Contract is designed for international operations in which the Licensor and Licensee are in different countries, but with slight adjustments can also be used for domestic transactions in which both parties are located in the same country. The language of this contract is English. It is also available in Spanish. |
Index of the contract
Parties
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Annexes |