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Technology License Agreement

Agreements to license the use of technology for manufacturing. ‘Technology’ is a wide term that includes Intellectual Property and knowledge, techniques, systems or methods of organisation.In a technology license agreement, the licensor grants a license to produce a product using the licensor’s technology.Under a license agreement, the licensor controls the manner in which the licensee uses the licensor’s patents, know-how and technology. The licensee is given autonomy as to how they do this.

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