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An Amendment To License Agreement is a crucial document used when parties need to modify their existing licensing arrangement without creating an entirely new agreement. This document type is commonly used in India when circumstances require changes to license terms, such as updating royalty rates, extending the license period, modifying the scope of licensed rights, or adapting to new regulatory requirements. It must comply with Indian contract law and relevant intellectual property legislation, making it essential for businesses operating in the Indian market. The amendment typically references the original agreement and clearly outlines which provisions are being modified, added, or deleted, while explicitly stating that all other terms remain unchanged. This approach provides legal certainty while being more efficient than drafting a new agreement.
