This Exclusive License Agreement is between a licensor who holds the copyright in a certain product and a licensee who is interested in licensing and developing the product for commercial use. This agreement will give the licensee the exclusive license to develop and promote the products. It clearly sets out all terms of the agreement including how royalties will be paid and any restrictions on use of the material. A written Exclusive License Agreement will be useful in the event there are disagreements or misunderstandings between the parties about the terms of the exclusive arrangement.

This Exclusive License Agreement includes the following provisions:

• Parties: Sets out the names of the licensor and the licensee;
• Recitals: Spells out that licensor is the owner of the copyright in the material and that licensee is interested in licensing and developing the material for distribution to the public;
• Rights Granted: Sets out the specific rights which licensor is giving to licensee;
• Royalty: Sets out how any royalty payments will be made;
• Restrictions: Sets forth any and all restrictions on use of the copyrighted materials;
• Term/Termination: The term of the agreement and any renewal provisions;
• Signatures: This agreement must be signed by the licensor and licensee.

Protect yourself and your rights by purchasing this attorney-prepared form.

This attorney-prepared package includes:

1. General Information
2. Instructions and Checklist
3. Exclusive License Agreement

State Law Compliance: This form complies with the laws of all states