This document outlines key considerations for drafting a technology license agreement, including: - What can be licensed (patents, know-how, copyrights, designs) and license types (exclusive, non-exclusive, sole) - Defining the licensed technology and its permitted uses - Scope of the license (make, use, sell, import, distribute, sublicense rights) - Payment terms (royalties, lump sums, minimum annual payments, milestones) - Provisions for improvements, infringement, term and termination - Dispute resolution, choice of law, warranties, indemnities, and recordal of the license