영문 라이센스계약서
영문 라이센스계약서
LICENSE AGREEMENT
WHEREAS, XYZ has been engaged mainly in the design, manufacture and sale of electric cables and industrial machineries and equipment, and WHEREAS, ABC is willing to grant and render such license and technical assistance to XYZ ;
NOW, THEREFORE, in consideration of the aforesaid premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto hereby agree as follows :
1.1.1 Model IS50G Nini Hydraulic Excavator for which general specifica
1.1.2 Model IS200G (including IS200GLS) Hydraulic Excavator for which general specifications are described on Appendix 12 attached hereto and making an integral part hereof,
1.1.3 Any and all spare parts, replacement parts and components for the above Models and any and all optional items including but not limited to attachments and accessories for use as part of or In conjunction with the above Models, and/or
1.2 The term Territory shall mean an area comprised of and delimited by the geographical region lawfully occupied by the country of the Republic
1.3 The term ABC's Technical Information shall mean the inventions, industrial secrets Industrial secrets, knowhow, drawings, and technical and engineering
1.4 The term ABC's Industrial Property Rights shall mean any and all patents patents, utility models and applications therefor in any country ABC's Industrial Property Rights as of December 1, 1989 are as enumerated on Appendix 2 attached hereto and making an integral part hereof.
1.5 The term Net Selling Price shall mean the gross invoice price billed by XYZ for any of the Licensed Products manufactured and sold or items is actually paid by XYZ to whom it has to be duly paid and separately stated on the invoice or shown by reasonable proof by XYZ to the effect that it has been included in said gross invoice price
1.5.1 Sales discount,
1.5.3 Sales commissions,
1.5.4 Indirect taxes on sales,
1.5.5 Packing expenses on sales,
1.5.6 Transport expenses on sales,
1.5.7 Insurance premium on sales,
1.5.8 Advertizement fee, and
1.5.9 CIF price, Import duties of any components and parts purchased from ABC and other expenses relevant to Import thereof.
1.6 The term Accounting Period shall mean each six(6) months period during the life of this Agreement ending on the last day of June or De
1.7 The term Contractual Year shall mean each one(1) year period ducting the life of this Agreement consisting of the Former Accounting
WHEREAS, XYZ has been engaged mainly in the design, manufacture and sale of electric cables and industrial machineries and equipment, and WHEREAS, ABC is willing to grant and render such license and technical assistance to XYZ ;
NOW, THEREFORE, in consideration of the aforesaid premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto hereby agree as follows :
1.1.1 Model IS50G Nini Hydraulic Excavator for which general specifica
1.1.2 Model IS200G (including IS200GLS) Hydraulic Excavator for which general specifications are described on Appendix 12 attached hereto and making an integral part hereof,
1.1.3 Any and all spare parts, replacement parts and components for the above Models and any and all optional items including but not limited to attachments and accessories for use as part of or In conjunction with the above Models, and/or
1.2 The term Territory shall mean an area comprised of and delimited by the geographical region lawfully occupied by the country of the Republic
1.3 The term ABC's Technical Information shall mean the inventions, industrial secrets Industrial secrets, knowhow, drawings, and technical and engineering
1.4 The term ABC's Industrial Property Rights shall mean any and all patents patents, utility models and applications therefor in any country ABC's Industrial Property Rights as of December 1, 1989 are as enumerated on Appendix 2 attached hereto and making an integral part hereof.
1.5 The term Net Selling Price shall mean the gross invoice price billed by XYZ for any of the Licensed Products manufactured and sold or items is actually paid by XYZ to whom it has to be duly paid and separately stated on the invoice or shown by reasonable proof by XYZ to the effect that it has been included in said gross invoice price
1.5.1 Sales discount,
1.5.3 Sales commissions,
1.5.4 Indirect taxes on sales,
1.5.5 Packing expenses on sales,
1.5.6 Transport expenses on sales,
1.5.7 Insurance premium on sales,
1.5.8 Advertizement fee, and
1.5.9 CIF price, Import duties of any components and parts purchased from ABC and other expenses relevant to Import thereof.
1.6 The term Accounting Period shall mean each six(6) months period during the life of this Agreement ending on the last day of June or De
1.7 The term Contractual Year shall mean each one(1) year period ducting the life of this Agreement consisting of the Former Accounting
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