How to Tailor the Document for Your Need?
01
Create Document
Fill in the details of the parties. You can click the "Fill with Member’s Information" button to complete it with information saved to your account.
02
Fill Information
Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and click the "Next" button.
03
Get Document
When you are done, click the "Get Document" button and you can download the document in Word or PDF format.
04
Review Document
Please get all parties to review the document carefully and make any final modifications to ensure that the details are correct before signing the document.
Document Preview
Document Description
Patent / Technology License Agreement whereby the Licensor grants the Licensee a limited range of rights (no right to sub-license) to use the invention/ patent works for specific purposes. This is drafted in Neutral Form.
The Licensor has the rights to certain intellectual property relating to [INVENTION] (the Technology).
The Licensee wishes to obtain a licence to use that technology for the purpose of [PURPOSE].
The Licensor agrees to grant to the Licensee, and the Licensee agrees to accept, a licence to use the Licensed IP on the terms and conditions of this Agreement.
The Licensor warrants as at the Commencement Date that to the best of its knowledge and belief:
(a) it is the owner of the Licensed IP or is otherwise authorised to grant the licence set out in this Agreement;
(b) it has the right to grant the licence of the Licensed IP under this Agreement.
Disclosure of Licensed IP
The Licensor must, to the extent it has not already done so, disclose all Licensed IP within 14 days of the Commencement Date.
Additional consultancy
The Licensor may provide the Licensee with such training, technical assistance and consultancy services as are reasonably requested by the Licensee, subject to payment in accordance with the usual consulting rates and on its standard consulting terms and conditions from time to time.
The Licensee undertakes that:
(a) it shall use the Licensed IP only in relation to the Purpose;
(b) it shall conform to any statutory or other regulatory requirements in respect of them which may be applicable from time to time within the territory where they are licensed.
The Licensee warrants that:
(a) it has undertaken its own investigations in relation to the Technology and the Licensed IP, and
(b) it has the capacity to comply with its obligations under this Agreement
How to use this Document?
Patent / Technology License Agreement whereby the Licensor grants the Licensee a limited range of rights (no right to sub-license) to use the invention/ patent works for specific purposes. This is drafted in Neutral Form.
Related Documents
