Cross License Agreement(영문상호라이센스계약서)
This Agreement, entered into on the _____________ day of ,_____________,_____________ by and between _____________,a corporation constituted in accordance with the laws of _____________, with principal l offices at: _____________ (hereinafter called ABC) and _____________,a corporation constituted in a accordance with the laws of _____________, with principal offices at:_____________
(hereinafter called 000), in tenor of the following:
RECITALS
Whereas, ABC is engaged in the research, development, manufacture, assembly, adaptation, modification and marketing of certain _____________ products and materials and supplies thereof in _____________ countries;
Whereas, ABC is the owner of certain patents, Patent applications, Knowhow and other technical information in _____________ and other countries ;
Whereas, ABC intends to achieve technological advances and to develop new and more advanced technologies and techniques in the filed of _____________ products ;
Whereas, 000 is also engaged in the development, manufacture, assembly and sale of ()and materials thereof in _____________;
Whereas, 000 is the owner of certain patents, patent applications, knowhow and other technical information in _____________ and other countries, and 000 intends to achieve technological advances and to develop new and more advanced technologies and techniques in the filed of_____________ products ;
Whereas, recognizing the need to have the technology already proved and utilized by the other party, both the parties wish to have their respective technologies crossed each other in order to benefit directly there from without first developing their own technologies from the beginning and thus be able to dedicate their efforts to their growth and expansion ; and
Whereas, both the parties are willing to grant each other licenses to use their respective patents, knowhow and other technical information in the manufacture, assembly, sale and other disposition of their prospective products ;
Now, therefore, it is agreed as follows ;
Article 1. Definitions
For the purpose of this Agreement, the words and terms listed below shall have the following meaning :
a) The term Products shall mean _____________ including ABC Products and 000 Products as both hereinafter defined, all of which utilize combined technologies consisting of Patents and Technical Information as both hereinafter defined.
b) The term ABC Products shall mean any of Products manufactured and sold by ABC, which are listed in Appendix 1.
c) The term 000 Products shall mean any of Products manufactured and sold by 000, which are listed in Appendix 2.
d) The term ABC Territory shall mean _____________,_____________ and _____________.
e) The term 000 Territory shall mean _____________ countries.
f) The term Free Area shall mean all other countries than those included in ABC Territory and 000 Territory.
g) The term Patents shall mean those patents and patent applications covering Products and any process thereof which ABC or 000 owns or controls.
h) The term ABC Patents shall mean Patents owned or controlled by ABC, which are listed in Appendix 3.
j) The term 000 Patents shall mean Patents owned or controlled by 000, which are listed In Appendix 4.
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