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Product License Agreement (Canada)

Prepare a Product License Agreement with this easy-to-use template for Canada, under which the owner / inventor of certain products grants an exclusive license to a distributor to assemble, sell and distribute the products across the country. Provisions of the license include:
  • The license extends to all subsequent modifications and improvements of the products.

  • The licensee will pay a fixed license fee and a continuing royalty calculated as a percentage of the gross sales price.

  • The licensee has the right to grant sub-licenses.

  • Products of the licensee and sub-licensees must meet quality standards set by the licensor.

This Canadian product license agreement is provided in MS Word format.





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