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.

Parties
Recitals
Articles

1. Object
2. Territory
3. Technology
4. Exclusivity
5. Obligations of the Licensor
6. Obligations of the Licensee
7. Front-end fee
8. Royalties
9. Minimum royalties
10. Date for payment of royalties
11. Currency for payment of royalties
12. Taxation

13. Prohibition of concession
14. Sub-licenses
15. Subcontracting
16. Registration of patents and trademarks
17. Mention of Licensor and labelling
18. Registration of transactions
19. Control of transactions
20. Entry into force and term of contract
21. Termination of contract
22. Completion of contract
23. Confidentiality
24. Applicable law and competent jurisdiction
25. Language