Technology transfer means the transfer of the right to own or use a part or the whole of technology from the party with the right to transfer the technology to the recipient of the technology.
– Transfer of ownership of technology means the transfer of the right to possess, use or dispose of a technology by a technology owner to another organization or individual. In case technology is an object of industrial property rights protected, the transfer of the technology property right must be effected together with the assignment of industrial property rights in accordance with the law on intellectual property.
– Transfer of the right to use technology: organizations and individuals allow other organizations or individuals to use their technology.
The scope of technology licensing as agreed upon by the parties includes:
+ Exclusive or non-exclusive use of technology;
+ To be re-transferred or not re-assigned the right to use the technology to a third party;
Domains of technology use;
+ The right to improve technology, the right to receive information about technology improvement;
+ Monopoly or non-exclusive distribution and sale of products created by the transferred technology;
+ The scope of the territory where the products created by the transferred technology are sold;
+ Other rights related to the transferred technology.
In this article, NVCS Law Firm invites readers to refer to the Technology Transfer Contract Form here. Questions related to this Contract form, as well as corporate law, need advice and support. Readers, please contact NVCS Law Firm via Hotline: 0916303656