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License Agreement

{P1.Name.Full}
{P2.Name.Full}
Effective Date: {EffectiveDate.YMD}


By and Between:
Each a "Party" and collectively the "Parties."

This License Agreement (this "Agreement") is made as of {EffectiveDate.YMD} ("Effective Date"), by and between the Parties.


Recitals
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In consideration of the mutual promises contained in this Agreement and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows:

  1. Definitions
    A list of defined terms used in the Agreement.
  2. Deal - In Focus Business Points
    This section is intended to focus business attention on business terms that vary from one contract to another and are of immediate importance to the performance of the contract.
  3. How - Background Business Points
    The business paradigm.
  4. Relationship - Principal Statements of Assumptions and Allocations of Rights and Risks
    Matters that relate to assumptions of the parties, to contingencies, to unexpected events, methods of communication. Often called "legal" points, and the focus of lawyers' efforts.
  5. Miscellaneous - More Legal and Mechanics
    Matters common to most contracts.


Signature
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.
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Annexes

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