In accordance with the provisions of SEC. 182, CHAPTER VII of the INTELLECTUAL PROPERTY ACT, the licensing of copyright and related rights does not fall within the definition of a technology transfer agreement, unless the licensing involves the transfer of systematic knowledge.cralaw (1) Rights of the licensor. In the absence of a provision to the contrary in the technology transfer agreement, the grant of the licence shall not prevent the licensor from granting further licences to third parties or from valuing the subject matter of the technology transfer agreement itself. (Quoted from the SEC. 89, CHAPTER IX, PART II of the INTELLECTUAL PROPERTY ACT.cralaw Can we collect royalties and similar royalties? Similar royalties and royalties may be levied for transactions, provided that payments relating to such royalties are covered by a Technology Transfer Agreement (TTA) that complies with the mandatory and restrictive provisions of the Intellectual Property Code (IPC). Compliance with the TTA with the requirements of the CPI does not require further reading: can we collect royalties and other similar fees? Nevertheless, a request for exemption in exceptional and deserving cases, such as. B high-tech wage, increase in foreign exchange earnings, job creation, regional dispersion of industries, substitution or use of local raw materials and/or registration of pioneer status on the Board of Investments, with considerable benefits for the economy, may be subject to the DITTB. If such a request is accepted and the TTA is approved and registered with the DITTB, the TTA, which contains the non-compliant provisions, becomes enforceable (Article 92 IP Code; Rule 4 of the revised rules of procedure). Other prohibited clauses in an TTA are export restrictions; restrictions on the use of the technology upon expiry of the agreement; royalties for expired intellectual property rights; No challenge to the validity of the patent; restrictions on adaptations of technology; Exclusion of liability or non-liability resulting from, among other things, non-compliance with obligations. (l) those which limit the licensee`s research and development activities, which aim to integrate the transferred technology and adapt it to local conditions or to launch research and development programmes related to new products, processes or equipment; (3) Where to deposit. Agreements are submitted according to the following schedule: (5) certificate of conformity and authorization for internal revenue purposes. (a) the parties to a technology transfer agreement may, jointly under oath, apply for certification under which the technology transfer agreement with the SEC is concluded. 87 and SEC.

88 OF THE INTELLECTUAL PROPERTY ACT. The application must also contain a statement that the certification is intended exclusively to satisfy the Bureau of Internal Revenue`s requirement to authorize technology transfer agreements.cralaw (4) Recognition of existing intellectual property rights. In assessing requests for exemptions under Rule 4.3(i) of this Rule, the DITTB shall take into account the applicable protection of patents, copyrights, trademarks, trade secrets or other similar intellectual property rights that exist after the end or expiration of the Technology Transfer Agreement, unless the prohibition is permitted by Philippine law.cralaw (b) Continued access to improvements in technology-related techniques and processes logie is: during the period. the technology transfer agreement; The Philippine Intellectual Property Code (“IP Code”) is clear in its intention to promote technology transfer and to prevent or control practices and conditions that would amount to an abuse of intellectual property rights, which in turn will have a negative impact on competition and trade (para.