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Royalty Agreement for Intellectual Property | Canada
Set the terms for payment of royalties on intellectual property with this contract template for Canadian businesses.
- This agreement covers royalties accruing on intellectual property that was developed by the seller, which is being transferred to a purchaser as part of a transfer of business assets.
- The intellectual property will continue to be used by the purchaser in connection with the business operations, and royalties will continue to accrue.
- The purchaser agrees to pay the seller an ongoing royalty for a specified number of years following the closing of the purchase and sale transaction.
- The royalty will be calculated based on the customer base and non-exempted gross earnings of the business.
- This Royalty Agreement refers to the laws of Canada. It can be used in any Canadian province or territory. A French language version may be required in Quebec.
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Franchise Agreement for Retail Outlet | Canada
Do you have a strong retail brand and business model that you want to franchise? Sign up franchisees with this Retail Outlet Franchise Agreement for Canada.
- The franchisee is licensed to sell lines of consumer goods branded by the franchisor.
- The guarantor guarantees performance of the franchisee's obligations and payment of all sums owing under the agreement.
- Financial information to be provided by the franchisee.
- Training and assistance to be provided by the franchisor.
- The franchisee will purchase and sell only those products that are approved by the franchisor.
- The franchisee is allowed to use the franchisor's trade marks only in connection with operating the retail outlet.
- Confidentiality provisions.
- Provisions for termination by either party.
- Governed by Canadian laws and intended for use only in Canada.
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