Document background
The Technology Licensing Agreement serves as a crucial legal framework for organizations seeking to monetize their technological innovations or acquire rights to use others' technologies. This document is essential when a technology owner wishes to grant another party the right to use, modify, or commercialize their proprietary technology while retaining ownership. Under Dutch law, this agreement must comply with specific requirements of the Dutch Civil Code (Burgerlijk Wetboek) and relevant EU regulations, particularly concerning intellectual property rights, competition law, and data protection. The agreement typically covers various critical aspects including license scope, territorial restrictions, royalty structures, quality control measures, confidentiality provisions, and liability limitations. It's particularly relevant for cross-border technology transfers and can be adapted for various types of technology, from software to industrial processes.
