Q11

What is the Standard License Agreement?
The ILP Vegetable provides a format for a license agreement in which only the specific patent and remuneration for the license (royalty percentage or lump sum) needs to be filled in.

Members who are negotiating a license bilaterally can agree to use this Standard License Agreement. However, they are also free to make changes. In such a case, the license agreement will no longer qualify as a Standard License Agreement.

In case the royalty percentage or lump sum has been decided upon in a Baseball Procedure, the resulting license agreement will always be the Standard License Agreement.
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