HERC IP Framework – Accelerated Licence Agreement (including low risk Commercialisation)Accelerated Licence Agreement • August 17th, 2022
Item Agreement Details 1. Licensor (granting entity) Name: [insert] Address: [insert] Email: [insert]Notices for attention of: [insert] 2. Licensee (receiving entity) Name: [insert] Address: [insert] Email: [insert]Notices for attention of: [insert] 3. Term This Agreement commences on [insert date] and expires on [insert date/period],unless terminated earlier in accordance with its terms.[Optional: 'The Licensee may terminate this Agreement in accordance with clause 10(a) if the registration of ['any of the Licensed IPR' / or refer to a specific registration] expires, is not granted, or ceases to be in force prior to the end of the Term.'] Details of Licence 4. Licenced IPR(clause 1) Licensed IPR: [Note: Identify the IPR that is being Licensed under this Agreement.] 5. Licence terms (clause 3.1(a)) Period: For the Term.Scope: ['Use of the Licensed IPR (excluding Commercialisation)' / 'Use and Commercialisation of the Licensed IPR'.][Where the Licence includes Commercialisation insert -
HERC IP Framework – Accelerated Licence Agreement (including low risk Commercialisation)Accelerated Licence Agreement • August 17th, 2022
Guidance Note for items 1 and 2: These items set out the parties' representatives for the receipt of notices under the Agreement and can only be changed in writing.
