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THIS AGREEMENT entered into  on the ……….day of …………….by and between a company registered in ………. 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………….., 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 know-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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