Intellectual Property Licence
Use our Intellectual Property Licence when licensing intellectual property to another person or company.
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Intellectual Property Licensing - Our IP License Agreement
When licensing intellectual property it is necessary to put in place a written document which sets out the terms of the licence. A licence of intellectual property rights is granted by the owner of the Intellectual Property (the "Licensor") who grants the party receiving the licence (the “Licensee”) rights to use the intellectual property. The extent to which the Licensee can use the intellectual property will be set out in the Intellectual Propert Licence. A licence agreement records the terms that have been agreed between the Licensor and the Licensee for the use of the intellectual property.
This Intellectual Property Licence can be used to licence any type of intellectual property. For example, the template makes provision for the licensing of Trademarks, Copyright, Patents, Registered and Unregistered Design Rights and Know How. You simply need to amend the definition of Intellectual Property in the document to reflect the specific types of IP that you are intending to licence.
Our Intellectual Property Licence template has been drafted our team of in-house solicitors specialising in Intellectual Property Licensing law so that you can be assured of a robust template that is easy to complete when licensing your intellectual Property.
This agreement template includes provision for you to select the extent of the intellectual property licence that is to be granted under the licensing agreement. You may grant exclusive or non exclusive rights and can select whether you grant the rights in relation to use of the intellectual property solely in the UK, world-wide or in any combination of countries and continents. The licence allows you to set the level of royalties that will be payable for use of the intellectual property and the intended duration of the licence.
Using our Intellectual Property Licence Agreement Template
The template is fully customisable so you can easily edit it to suit your individual requirements.
Once purchased, you can download the template to your computer for easy editing. The agreement can then be saved to your computer or you can save it to your free document storage facility on our website. This enables you to access your template any time. You can even access it remotely when you are away from your computer by accessing your online document storage facility via the internet.
Clauses in Our Intellectual Property Licence Agreement
Our Intellectual Property Licence contains all of the clauses that you would expect to find in a professionally drafted licensing template. You can view a full preview of the Intellectual Property Licence Agreement template using the preview button above.
This is one of a range of Intellectual Property Contracts and agreements that we have in our Intellectual Property section. We also include an Assignment of Intellectual Property and a Guide to Intellectual Property and Employees.
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