Patent License Agreement Template

You can open the Patent License Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Patent License Agreement Template

Printable | Editable Form




Patent License Agreement Template (1)
Between:
[Name of the Licensor]
[Licensor’s ID]
[Licensor’s Address]
[Licensor’s Phone]
[Licensor’s Email]
And:
[Name of the Licensee]
[Licensee’s ID]
[Licensee’s Address]
Introduction:
This agreement formalizes the licensing of the patent described herein, effective as of [Effective Date], for the commercial use of the patented invention.
Clause 1: Grant of License
The Licensor hereby grants the Licensee a non-exclusive, worldwide license to use, manufacture, and sell products that utilize the patented invention identified as [Patent Title/Number].
Clause 2: License Fees
The Licensee agrees to pay a royalty fee of [Amount] per unit sold, payable quarterly, along with an upfront licensing fee of [Amount].
Clause 3: Intellectual Property Rights
The Licensor retains all rights, title, and interest in and to the patent and any related intellectual property rights. The Licensee shall not have the right to challenge the validity of the patent.
Clause 4: Reporting and Audit
The Licensee agrees to provide quarterly sales reports and to allow the Licensor to conduct audits of the Licensee’s records related to sales of the licensed products.
Clause 5: Term and Termination
This agreement shall remain in effect for [Duration], unless terminated earlier by either party for material breach or insolvency.
Clause 6: Confidentiality
Both parties agree to keep all proprietary information confidential and shall not disclose it to any third party without prior written consent.
Clause 7: Governing Law
This agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Licensor]
[Name of the Licensor]
[Signature of the Licensee]
[Name of the Licensee]
Patent License Agreement Template (2)
Between:
[Name of the Licensor]
[Licensor’s ID]
[Licensor’s Address]
[Licensor’s Phone]
[Licensor’s Email]
And:
[Name of the Licensee]
[Licensee’s ID]
[Licensee’s Address]
Introduction:
This Patent License Agreement outlines the terms under which the Licensor grants the Licensee rights to utilize the patented invention as of [Effective Date].
Clause 1: License Grant
The Licensor grants the Licensee a limited, revocable license to use the patent described as [Patent Title/Number], solely for the purpose of [Specify Purpose].
Clause 2: Payment Details
The Licensee agrees to pay the Licensor an annual fee of [Amount] and royalties of [Amount] for each product sold that incorporates the patented technology.
Clause 3: Ownership of Improvements
Any improvements or modifications made to the licensed patent during the term of this agreement shall belong to the Licensor.
Clause 4: Compliance with Laws
The Licensee agrees to comply with all applicable laws and regulations regarding the use of the patented technology.
Clause 5: Duration and Renewal
This agreement shall commence on [Start Date] and continue for [Duration], with an option to renew upon mutual agreement.
Clause 6: Indemnification
The Licensee shall indemnify the Licensor against any claims arising from the Licensee’s use of the patented invention.
Clause 7: Governing Law
This agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Licensor]
[Name of the Licensor]
[Signature of the Licensee]
[Name of the Licensee]

Form

Please complete the form below to create the Patent License Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Patent License Agreement Template

1. Licensor Information


2. Licensee Information


3. Patent Information


4. Grant of License

5. Scope of License

6. Royalties and Payments

7. Duration of Agreement

8. Confidentiality Obligations

9. Termination Clauses

10. Dispute Resolution

11. Signatures and Acceptance

12. Declaration and Signatures




PDF


WORD

Printable

Patent License Agreement Template

Printable | Editable Form




Patent License Agreement Template