The following documents and information are required for recording of a license agreement:
1. Powers of Attorney from the Licensor or Licensee, which are duly notarized. No legalization is required;
2. Two original/certified copies of the license agreement;
3. A copy of the Patent for Invention/Utility Solution/Industrial Design or Certificate of Trademark Registration.
1. The License Agreement should include the following obligatory contents:
Ø Full name and address of the Licensor and Licensee;
Ø Details of the licensed subject;
Ø Scope of the License;
Ø Type of the License (exclusive/non-exclusive);
Ø Price of the License;
Ø Rights and obligations of each party;
Ø Conditions for amendment, termination and invalidation of the license;
Ø Method of settlement of disputes;
Ø Signing date and place;
Ø Notarized signatures by the authorized representatives of both Licensor and Licensee.