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This document serves as a template for Exclusive And Non Exclusive License agreements under Saudi Arabian law, designed to facilitate various licensing arrangements while ensuring compliance with local regulations and Sharia principles. It is particularly useful when businesses need to establish licensing relationships in Saudi Arabia, whether for technology transfer, intellectual property rights, or commercial arrangements. The template accommodates both domestic and international licensing scenarios, incorporating necessary provisions for Saudi regulatory compliance, including requirements from the Saudi Authority for Intellectual Property and Ministry of Commerce. It provides flexibility to address different types of intellectual property rights while maintaining robust protection for all parties involved. The document is structured to support Saudi Arabia's Vision 2030 objectives for business development and technology transfer, while ensuring proper governance of licensing relationships.

1. Parties: Identification of the licensor and licensee, including full legal names, addresses, and registration details

2. Background: Context of the agreement, nature of the intellectual property, and basis for the licensing relationship

3. Definitions: Detailed definitions of key terms used throughout the agreement, including specific technical and legal terminology

4. Grant of License: Specific terms of the license grant, defining exclusive and non-exclusive rights, territories, and scope

5. License Fees and Payment Terms: Detailed financial terms, including royalties, payment schedules, and calculation methods

6. Intellectual Property Rights: Confirmation of ownership, protection of IP rights, and handling of improvements or modifications

7. Quality Control: Standards and requirements for using the licensed property, including approval processes

8. Confidentiality: Provisions for protecting confidential information shared during the license relationship

9. Term and Termination: Duration of the agreement, renewal terms, and grounds for termination

10. Warranties and Indemnities: Representations about IP ownership, validity, and indemnification obligations

11. Compliance with Laws: Obligations to comply with Saudi laws, including Sharia principles and relevant regulations

12. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and applicable law clauses

13. General Provisions: Standard boilerplate clauses adapted to Saudi law requirements