Patent License Agreement
for Your StateThis Patent License Agreement is between a patent owner and a party who will use the patent for a specified purpose. This license agreement does not assign or change ownership in the patent. This form is for use in all states and is available for immediate download.
A patent owner will often grant a license to another for use of the patent. A patent license is not an assignment and ownership of the patent does not change. This Patent License Agreement is between the owner of the patent (the “Licensor”) and the party to whom a license is granted (the “Licensee”). This agreement sets out the specific terms of the license including the intended use of the patent, whether the license is exclusive or nonexclusive and term of the license agreement. It also sets out any royalty fees Licensor will pay to Licensee and the rights to sublicense the patent. It is important that this license agreement be memorialized in writing. A written Patent License Agreement will be invaluable in the event there are disagreements or misunderstandings between the parties.
This Patent License Agreement contains the following provisions:
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This attorney-prepared packet contains:
This Patent License Agreement contains the following provisions:
- Parties: Sets out the identities of the Licensor and Licensee;
- Patent: A brief description of the invention and patent number;
- Intended Use: Brief description of Licensee’s intended use of the patent;
- Grant of License: Sets out the specific uses for which Licensee will grant the license and whether it is exclusive or non-exclusive;
- License Term: The specific term of the license and rights under which the Licensor can terminate the license;
- Payments: Sets out the details of royalty payments Licensee will pay to Licensor for use of the patent including the submission of written quarterly reports;
- Sublicense/Assignment: Licensee has the right to sublicense under this agreement but does not have the rights to assign its duties under this agreement without Licensor’s prior written approval;
- Signatures: Both parties must sign the agreement.
Protect your Rights and Property by using our professionally-prepared up-to-date forms.
This attorney-prepared packet contains:
- General Instructions
- General Information
- Step-by-Step Instructions
- Patent License Agreement
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages10
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28182
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
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