Technology
Patent License Agreement
Intellectual property licensing contract granting rights to use patented technology, defining royalty payments, exclusivity terms, and enforcement procedures for patent protection.
Key Clauses
1
Licensed Patents
Identifies the specific patents and patent applications covered by the license.
2
License Scope
Defines permitted uses, fields of use, and territorial restrictions.
3
Royalties and Fees
Specifies royalty rates, minimum payments, and reporting requirements.
4
Exclusivity
States whether the license is exclusive, sole, or non-exclusive.
5
Infringement Enforcement
Allocates responsibility and rights for enforcing patents against third-party infringers.
Use This Template
When You Need This
- Licensing patented technology to another company for commercialization
- A company obtaining rights to use another's patented invention
- Structuring royalty payments for patent licensing deals
- Establishing infringement enforcement obligations between licensor and licensee