I have queries pertaining to lock-in period in a L&L Agreement.
1) Can a Licensor insist on "No-Lock-in-Period" clause in the Agreement? If yes, does the Law protect rights of a Licensee who has not violated any terms & conditions as stipulated in the Agreement unless proved otherwise?
2) Is lock-in period otherwise compulsory for an 11 month L&L Agreement?
3) in case of "No-Lock-in-Period", whats is the max. notice period given to the Licensee?
Your expert inputs are anticipated.
Thanks & Regards.