Patent / Technology Licence Agreement

Licensee - Limited Scope

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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 favour of the Licensee.

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 grants to the Licensee a non-exclusive, non-transferable licence to use the Licensed IP solely for the purpose of [PURPOSE] at the Location during the Term. The Licensee may not sublicense the licence granted by this clause 3.1 without prior written consent.

Document Type:

Agreements / contracts

Category:

Business > Intellectual Property / Information Technology > Intellectual Property Agreement

 
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