Product Licensing Agreement
Product licensing contract granting manufacturing and distribution rights, establishing royalty payments, quality control standards, territory restrictions, and intellectual property protections.
Key Clauses
Scope of Services
Defines the specific services, deliverables, and performance standards required under the agreement.
Compensation and Payment
Establishes fee structures, payment schedules, invoicing procedures, and late payment penalties.
Term and Termination
Sets the agreement duration, renewal options, and conditions under which either party may terminate.
Confidentiality
Protects proprietary information and trade secrets shared between the parties during the engagement.
Indemnification
Allocates liability and requires each party to hold the other harmless from specified claims and damages.
Use This Template
When You Need This
- Inventor licensing product design to manufacturer for production
- Brand licensing trademark for product line expansion into new markets
- Technology company licensing software for hardware integration
- Entertainment company licensing characters for toy or merchandise production