THIS AGREEMENT entered into on the ……….day of …………….by and between a company registered in India under the Companies Act, 1956 having its registered office at …………………… (hereinafter referred to as the Licensee which expression shall, unless repugnant to the context or meaning thereof, be deemed to include its successors and assigns………………………………….and a German corporation, with place of registry in……………… and having an office at…………………….(hereinafter referred to as the Licensor which expression shall, unless repugnant to the context or meaning thereof, be deemed to include its successors and assigns.
WHEREAS the Licensor is engaged in the manufacture of…………………..
AND WHEREAS the Licensor is in possession of extensive know-how and technical information concerning the manufacture of such products and has at its disposal skilled technical personnel to assist in the transfer of such known-how and technical information to a third party ;
AND WHEREAS the Licensee desires to acquire from the Licensor know-how, technical information and assistance to enable the Licensee to manufacture………………………………………………………..;
AND WHEREAS the Licensor is willing to furnish to the Licensee such know-how and technical information and assistance for the manufacture of….
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