The commercial lease agreement is made between the landlord, the legal owner of the property, entitled to grant the Lease, and the occupier (Tenant). It is important to check that no other person has the benefit of rights or restrictions over the property which would impact on the tenant. This is called investigating title. The property needs to have the necessary planning permission to allow the tenant to carry on his business. On completion of the Lease the Tenant will be legally liable to pay Stamp Duty Land Tax. If the Lease is for a term of more than 7 years, it will need to be registered at the Land Registry. Commercial Leases are usually granted for a “fixed term” which means the Lease will start and end on the fixed dates specified in the Lease. The Lease may, however, provide for either party to terminate the Lease at an earlier date; this right is referred to as a Break Right.
With the Ip License Agreement the licensor grants to the licensee the right to use and / or exploit the intellectual property of which he is the owner, such as: trademark, patent, know-how, design, software, work covered by copyright, etc. in exchange for a fee (royalty). Intellectual property rights (industrial property or copyright) are considered intangible assets that can be exploited economically. The license is the legal instrument that allows such exploitation and is adopted when the owner wants to allow the use of a distinctive sign, a certain technology or a design, etc., without transferring the ownership. With this contract the owner will be able to define the duration and the territory of validity of the license in addition to the exact ways in which the licensee will be able to exploit his property. Furthermore, he will be able to define the amount to be paid. The license agreement may in fact be free or require payment of fixed amounts or variable royalties based on sales.
In this type of agreement Licensor and Licensee define the images that is being licensed, that explains how you can use photos, illustrations, vectors and video clips. The content is licensed for specific types of use, and pricing is based on factors such as size, placement, duration of use, and geographic distribution. The Licensee does not have exclusive rights to use the content.
In this type of agreement Licensor and Licensee define the data that is being licensed, including the manner and frequency with which the data will be provided/updated, how current the data will be (that is, whether the data will be provided on a “real-time” or close to “real-time” basis), the format in which the data will be delivered and the mechanism of delivery.
An office sharing agreement is an agreement between an owner of office space and another business. It can be used where the provider of the space owns the property or has a lease of the property. This type of agreement does not create a tenancy but a prepaid usage licence to use the provided amenities on a monthly or casual basis. It is a contractual licence. The key difference is that a licence does not grant rights over a defined and fixed area. This agreement provides the sharer with a set number of workstations but does not specify their location. Co-working space owners provide a work environment and generally, office equipment and services characteristic of a typical workplace. The features of such an office space typically include the following: shared space to work, Conference and board rooms that can be reserved or rented on need basis, Wi-Fi, shared printing, copying, faxing and/or scanning facilities, PBX equipment, common kitchens, restrooms and/or lounges…
This agreement is made between an employer and an former employee, where the employee promises to not enter into direct competition once the employment period is over. The employee is restricted from either working with a direct competitor or starting a business of their own in the same niche. This is also why independent contractors and consultants are subjected to non-compete agreements. It is important to include time limits in any non-compete clauses. It must not go beyond what is reasonably necessary to protect legitimate commercial interests. If PERs are not reasonable, they are void. Choose the minimum type, area, scope and duration of PERs which is adequate to protect the specific relationships you have identified.
This contract allows parties to pool resources in an undertaking or venture that usually outlines a specific goal or time frame. Companies often partner to start projects that are in their mutual interest. With this agreement, parties do not create a new and distinct legal entity.