template

Consortium Agreement A (mutual non-exclusive license)

by
R
Rafie Faruq
Oct, 10 2023

When to use this template

The Consortium Agreement A (mutual non-exclusive license) under UK law is a legal template that outlines the terms and conditions for a consortium agreement between multiple parties. This agreement pertains specifically to the licensing of intellectual property or other exclusive rights on a mutual, non-exclusive basis.

The template serves as a framework for parties who wish to collaborate, share resources, and jointly exploit intellectual property while maintaining individual ownership and commercial rights. It establishes the rights and obligations of each member of the consortium, ensuring a fair and transparent arrangement.

The agreement covers various crucial aspects, including the scope of the licensed rights, the permitted use of the licensed intellectual property, the term and termination provisions, financial considerations such as royalties or sharing of profits, dispute resolution mechanisms, as well as confidentiality and governing law clauses.

Since this template is specifically created with reference to UK law, it reflects the legal requirements and considerations applicable in the United Kingdom. It ensures compliance with the relevant legislative frameworks, such as the Intellectual Property Act 2014 or any other UK-specific regulations governing intellectual property licensing.

Parties making use of this legal template can customize it to suit their specific needs and tailor the agreement accordingly. It provides a solid foundation for consortium members to protect their intellectual property rights, facilitate collaboration, and establish clear guidelines for the operation and management of the consortium.

It is important to note that this template is a general guide and may not address every unique circumstance or requirement of the parties involved. It is always recommended that legal advice be sought to ensure the agreement is tailored to the precise needs of the consortium members and complies with all applicable laws and regulations.

Key issues covered in this template

  • Scope of licensed rights
  • Permitted use of licensed IP
  • Unique circumstances of involved parties

What to watch out for

21

Used by

Author

R

Rafie Faruq

@rafie43034239
Lambert Toolkit

P
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A
K
L
U
C
s
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+7 more
Technology
22%
Legal Services
18%
Agriculture, Forestry and Fishing
11%
Consultancy
11%
Transport
7%
Construction
7%
Media
4%
Real Estate
4%
Other
4%
Education
4%
Retail
4%
Consumer, Public & Health Services
4%

Additional information

Business categories

Business activities

Relevant sectors

Agriculture, Forestry and Fishing

Mining

Construction

Transport

Wholesale

Manufacturing

Energy

Retail

Finance

Real Estate

Consumer, Public & Health Services

Media

Insurance

Legal Services

Education

Technology

Sport & Entertainment

Consultancy

Public Administration

Other

Relevant company sizes

1 - 3

20 - 49

250 - 999

4 - 19

50 - 249

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes