Exclusive Patent License for Manufacturing
Give a manufacturer the right to use your patent in the manufacture and distribution of products through this Exclusive Patent License Agreement.
This Exclusive Patent License Agreement establishes the terms under which a manufacturer is granted the right to use a patented invention or process. The purpose of the agreement is to enable the manufacturer to manufacture, distribute, and sell products based on the inventor's patent.
Grant of License
The inventor grants the manufacturer an exclusive worldwide license to use the inventor's patent in connection with the manufacture, distribution, and sale of products derived from the patented invention or process.
Trademark Usage
In addition to patent rights, the manufacturer is permitted to use certain trademarks owned by the inventor solely in connection with the marketing and sale of the products covered by this agreement.
Royalty Payments
The manufacturer agrees to pay royalties for each product sold within the designated territory. Royalties are calculated as a percentage of the net price of each product sold.
Marketing and Distribution Obligations
The manufacturer is required to actively market, promote, and distribute the products. All costs associated with manufacturing, selling, and distributing products within the territory are the sole responsibility of the manufacturer.
Product Pricing
Pricing for the products must remain consistent with the pricing of similar products already available in the market.
Confidentiality
The agreement includes confidentiality provisions designed to safeguard proprietary information and prevent unauthorized disclosure.
Infringement Procedures
The template specifies the procedures to be followed in the event that infringement claims arise, ensuring clear guidance for both parties.
General Provisions
This agreement is a generic legal contract template and does not reference the laws of any specific country or jurisdiction. It is available in MS Word format and can be fully edited to suit particular needs.
Letter of Intent for Software Development Partnership
Negotiate the terms of a formal agreement to set up a strategic partnership to develop new software titles with this Letter of Intent template.
- Key discussion points between the parties include ownership of the final software products; confidentiality; each partner's responsibilities with respect to developing, marketing and advertising of the products; and revenue splitting.
- The letter of intent is not intended to be legally binding upon the parties except to the extent of the discussions between them.
- This is a generic template which is not country specific and can be used anywhere.
- Available in MS Word format and fully editable.
