Product Licensing Agreement Template

The license agreement grants a company or person permission to use a product or software for a particular purpose in exchange for a fee.

Product licensing agreement template. Depstateflus with this product license agreement template anyone can prepare an agreement that is legally binding between the product owner and the licensee. Visualartistsie with this license agreement the licensee can reproduce a limited number of the product being licensed. A licensing agreement is a legal document between two parties the licensor or person who owns the intellectual property ip and the licensee or person who is receiving a license to. Sample product license agreement.

Download it in the available pdf file format. 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 licensors property. This template license agreement can be used to license a product or intellectual property such as software.

For example the licensor may require a non disclosure agreement to keep the licensee from disclosing proprietary product features or processes to others. Within the license agreement as with other types of contracts there may be sub agreements. The licensee may require the licensor to sign a non compete agreement to keep the licensor from breaking the agreement by allowing. This license agreement template example breaks down how to authorize another person or organization to have rights or royalties to your property.

The details of both the parties involved the details of the license and other terms and conditions are mentioned in this agreement. Sample patent license agreement template free download. A license agreement is most often used if one person has ownership of a business concept software app or new product that they want to be able to take to market with the help of another party. Product development agreement template this template is a business contract between a product development or design agency and a company who wishes to contract them for design services.

Product license agreement template pdf format free download. Product license agreement is a legal document which is drafted when an individual acquires the license to use the product invented by some other individual or company. The office of technology development provides a one stop shop to advance the development of groundbreaking discoveries by fostering strategic collaborations with industry through licensing sponsored research and new venture agreements. Our expertly designed sample license agreement template can guide you in making this type of agreement.