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    Letter of Intent to License Technology for Development


    Negotiate the terms of licensing certain technology for research and development purposes with this Letter of Intent.

    • The licensor will sponsor research to further the development of the technology, and may offer consulting positions to some of the licensee's research and development personnel to further its business interests.
    • The licensee will pay an up-front license fee, and a royalty on all sales of products or services covered by the patent rights related to the technology.
    • The licensor will diligently pursue and protect all patent rights.
    • Closing of the transaction is conditioned upon a number of factors, including the licensee being able to obtain the necessary financing.
    • The Letter of Intent itself is an agreement in principle, not a legal contract, and is not legally binding except as it relates to the negotiations between the parties.
    • The purpose of the Letter of Intent is to ensure that the licensor and the licensee both have the same understanding of the terms discussed.
    • The Letter of Intent to License Technology for Development template can be used in most countries and is fully editable to fit your specific circumstances.
    Download Type: Microsoft Word
    Last Updated: 22-March-2021
    SKU: 7465
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    Exclusive Patent License for Manufacturing


    Give a manufacturer the right to use your patented invention or process to manufacture and distribute other products through this Exclusive Patent License Agreement.

    • The manufacturer is granted an exclusive worldwide license to use the inventor's patent for the purpose of manufacturing, distributing and selling products.
    • The manufacturer also has the right to use certain trade marks belonging to the inventor in connection with the products.
    • The manufacturer will pay a royalty for each product sold within the territory. Royalties will be calculated as a percentage of net price.
    • The manufacturer must aggressively market, promote and distribute the products.
    • All costs of manufacturing, selling and distributing within the territory will be borne by the manufacturer.
    • Pricing of products must be consistent with the pricing of other similar products.
    • The agreement also contains confidentiality provisions to protect against disclosure of any proprietary information.
    • The template sets out the procedure to be followed in the event of infringement claims.

    Download the Exclusive Patent License for Manufacturing and put your patents to work.