Know How Agreement Template

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1.2 «confidential information,» information that is by nature confidential;b. is written down to be classified as confidential by the licensee;c. the licensee knows whether it is confidential or whether it should reasonably know; Information contained in or related to the licensee`s intellectual property rights. The know-how agreement can transfer the «knowledge» mentioned above to another person or company that will use it. The advantage of a know-how agreement lies in the fact that the party receiving this «set» of knowledge has a market gap with its competitors when it has access to information giving it a competitive advantage. What is provided under the headings «know-how» and «technical assistance» is an issue that must be decided and agreed upon between the parties. As such, they remain largely undefined in the text of the treaty and can be fully defined in timetables. It is important to note that the know-how calendar can include either a complete set of copies of all technical information or, if you prefer (for example. B for privacy reasons), a simple description of the structure indicating what information is provided. It is a matter of agreement between the two parties, but everything chosen has no other significant impact on the agreement. 6.1 The licensee acknowledges and accepts that neither the licensee nor the members of its board of directors, senior managers, employees, nor representatives are liable for losses or damages resulting from the provision or provision of the assets by the licensee under this agreement or the use of the assets by the policyholder or his associates; and the taker frees the licensee from liability, loss, damage or debt. First of all, we should know the concept of know-how: majority teaching on the subject defines it as a set of secret, technical, scientific or otherwise practical knowledge, which results in competitive advantages for a company or a professional who uses it. It is worth stressing that the purpose of the know-how agreement should not be confused with patentable objects or processes as such, which may be the subject of an agreement of a different nature, for example.

B a patent licensing agreement. 18.1 This agreement contains the entire agreement between the parties and replaces all prior written or written agreements, commitments or agreements. In addition, this agreement can only be amended, amended or amended by a written agreement signed by both parties. As can be seen, the know-how contract is intended to protect secret, technical and scientific knowledge or other types of data and contains confidentiality clauses to protect the potential secrecy of the knowledge transmitted, since it is not only punishable by a fine against the party who does not meet its conditions and does not comply with the terms of the contract. but also the termination of the contract.

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