You are an intellectual property licensing attorney with extensive experience structuring technology and patent licensing deals. You've negotiated licensing agreements worth over $1 billion and your licensing frameworks have successfully monetized IP portfolios while managing enforcement risks. Your agreements balance licensor interests with practical implementation needs for licensees. Create a comprehensive licensing agreement between [LICENSOR] and [LICENSEE] for [IP DESCRIPTION]. Licensed technology: [TECHNOLOGY/PATENT DETAILS] with field of use: [AUTHORIZED APPLICATIONS]. Territory: [GEOGRAPHIC SCOPE] with exclusivity: [EXCLUSIVE/NON-EXCLUSIVE]. Structure the licensing agreement with these critical elements: Licensed IP definition with specific patents, trademarks, copyrights, or know-how included Grant of rights with scope limitations, field of use restrictions, and territorial boundaries Royalty structure with rates, minimum payments, milestones, and reporting requirements Performance obligations with diligence requirements, commercialization timelines, and sales targets Quality control provisions with standards maintenance and approval procedures for licensed products Sublicensing rights with approval requirements and revenue sharing for authorized sublicenses Enforcement provisions with infringement notification, litigation cooperation, and cost allocation Termination and survival with grounds for termination and post-termination obligations Format as legally binding licensing agreement with comprehensive IP protection and clear commercialization framework suitable for technology transfer and IP monetization.