Licensing agreement template free download
Drafting an error-free agreement requires competence and skill. To free you from hassles and meet your needs, we provide free PDF, Word and Excel versions of our license samples in this article. Keep scrolling! You can also visit payment agreement template. Employ these agreement templates to avoid a costly legal dispute. It covers the license terms, licesning cost details and limits to the use of the license.
How does it work?
Royalty payments can be calculated in a number agreemrnt ways including a one-time flat fee, a specific dollar amount paid for each unit of an item containing the licensed work sold by the Licensee, or a percentage of total net sales of any items made using the licensed work sold by the Licensee.
The Parties can further specify when royalty payments will be made and what sort of documentation the Licensee will be required to give the Licensor when explaining dwonload the royalty payment amounts were calculated.Download and create your own document with License Agreement Template (32KB | 3 Page(s)) for free. Jul 25, · A Licensing Agreement is a document used by the owner of some form of intellectual property - such as a logo, photograph, or song - to give permission to some other individual to use that property. The Agreement outlines how the Licensor (the Party who owns the property) will grant the license to use their property to the Licensee (the Party who is using the /5(). License Agreement. For use of [Description of what is being licensed].. This License Agreement (this “Agreement” of this “License Agreement”) is made and effective as of [Commencement date] (the “Commencement Date”) by and between [proximaparada.coy], a company organized and existing in [proximaparada.coy], with a registered address at Estimated Reading Time: 9 mins.
There are no laws outlining what must be put into a Licensing Agreement. Overall, intellectual property in the United States is covered under primarily federal law, with the main statute applicable being the Copyright Act of It is best practice to include as much detail about the work as possible, in your Agreement, downloadd that if a dispute should arise, the rights to the specific work are clear.
100,000+ Ready-Made Designs, Docs & Templates to Start, Run and Grow your Business
At the end, you receive it in Word and PDF formats. You can modify it and reuse it. A guide to help you: How to Register A Trademark. Back to top. Home Documents. Intellectual Property and New Technologies. Licensing Agreement. Formats Word and PDF. Size 4 to 6 pages. Rating 4. How does it work? Choose this template Start by clicking on "Fill out the template".
Complete the document Answer a few questions and your document is created automatically. Save - Print Your document is te,plate Licensing Agreement A Licensing Agreement is a document used by the owner of some form of intellectual property - such as agreeement logo, photograph, or song - to give permission to some other individual to use that property.
How to use this docuement This document can be used if an individual wants to use intellectual property that they do not own. Once a Licensor grants an exclusive license to someone, no other licenses on that IP can be granted to anyone else. A non-exclusive license grants the Licensee a license to use the IP, but the Licensor is free to also use the IP and to grant licenses to whomever else it wants.License Agreement Template - Get Free Sample
Therefore, many parties can hold licenses to the same IP at the same time. A sole license grants the Licensee an exclusive license, but the Licensor keeps the right to use the IP. So, although the Licensor will not grant any additional licenses, the Licensor can continue to use the IP and any previous licenses can still remain in effect.
Without this agreement, the owner of valuable IP would not be able to make money on that IP or control how the IP is used out in the world. And individuals and companies that need certain IP to grow their business or make a living might not be able to have access to it.
35+ License Agreement Templates - Free Word, PDF Format Download | Free & Premium Templates
There are a number of different fees you could charge for your IP:. Any sublicense to an Affiliate must conform to the terms and conditions of this Agreement, and will not include the right to grant further sublicenses. Owner may reasonably request that User deliver representative samples of any products or materials containing the Licensed IP to ensure all quality control standards and usage guidelines are being maintained and adhered to.
The notice will terminate this Agreement upon expiration of the then current term. Binding arbitration shall be conducted in accordance with the rules of the American Arbitration Association. If agreenent dispute cannot be resolved through mediation, then the dispute will be resolved through binding arbitration conducted in accordance fres the rules of the American Arbitration Association.
Owner Signature Owner Full Name. User Signature User Full Name. Skip to primary navigation Skip to main content Skip to primary sidebar Skip to footer.
Licensing Agreement Template | Create a Free License Agreement
A simple Licensing Agreement will identify the following basic elements: Licensor: the template who owns the intellectual property Licensee: the person who wants to use the intellectual property Intellectual Property: the copyright, trademark, patent, or other intellectual property that is the subject of the license Purpose: the purpose for which the Licensee can use download intellectual property Fees: the amount Licensee will be paying to use the intellectual property Term: how long the Licensee can use the intellectual property As a reference, this agreement is also known by other names: License Agreement Intellectual Property License Agreement Copyright License Agreement Know-How License Agreement Patent License Agreement Patent and Know-How License Agreement Service Mark License Agreement Trade Secret License Agreement Trademark License Agreement Trademark and Service Mark Agreement Table of Contents When is a Licensing Agreement Needed?
When is a Licensing Agreement Needed? Several different types of IP can be covered under this agreement: Copyright: original work of authorship in a written or tangible form Trademark: recognizable symbol, design, word, or phrase that helps users identify goods or products with a particular company Service Mark: recognizable symbol, design, word, or phrase that licensing users identify services with agreement particular company Patent: property right to an invention Know-how: expert skill or free Trade Secret: confidential business information There are a few different types of licenses you can grant on the above IP — exclusive, non-exclusive, or sole.
Non-Exclusive License A non-exclusive license grants the Licensee a license to use the IP, but the Licensor is free to also use the IP and to grant licenses to whomever else it wants. Here is a list of some of the suffering having this agreement could prevent: Licensor Licensee Loss of Time - time spent preventing others from using IP in unwanted ways Loss of Time - agreement spent defending use of IP Loss of Money - another business uses your IP without paying you Loss of Money - unable to capitalize on goodwill from valuable IP Mental Anguish - goodwill of business harmed or trademark diluted Mental Anguish - receive cease and desist letter.
The Parties agree as follows: License. Nothing herein obligates User to exercise the licensing granted in this Agreement. Right to Sublicense. User has no right to grant sublicenses to any third party unless Owner provides its approval in writing. Any approved sublicense is free to, and must conform to template terms and conditions of this Agreement, and will not include the right to grant further sublicenses.
User shall not make copies of the Licensed IP, except as expressly approved by Owner. For any authorized copy made of the Licensed IP, User must accurately reproduce the Licensed IP with the proper notices as directed by Owner from time to time. Intellectual Property Notice and Markings. In no event may User remove any copyright or intellectual property notice, proprietary legend, trademark or service mark from any materials.
Owner may require an appropriate legal notice or legend, as required by law or established by Owner, be placed on all products, packaging and promotional materials. Quality Control. Ownership of Licensed IP. User agrees that, subject to the rights and licenses download herein, Owner is, and will remain, the sole and exclusive owner of all right, title, and interest, throughout the world, to all Licensed IP and any copies of the Licensed IP.
Confidential Information. User agrees to hold any Confidential Information of Owner obtained in the transactions contemplated by this Agreement in the strictest confidence, and to not permit unauthorized access to or unauthorized use, disclosure, publication or dissemination of Confidential Information, except in conformity with this Agreement.
User will comply with all laws and regulations that apply to the use, transmission, storage, disclosure or destruction of Confidential Information. User shall ensure that its employees, agents, representatives, and contractors are advised of the Confidential Information and are precluded from taking any action prohibited under this Agreement.
Ownership of the Confidential Information shall remain solely with the Owner. Exceptions to Confidential Information. Survival of Confidential Information. User will cooperate to diligently protect the Licensed IP. User agrees to promptly notify Owner in writing of any unauthorized use, infringement, misappropriation, dilution, or other violation or infringement of the Licensed IP of which User becomes aware.