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.
Trade Mark License Agreement
Grant a manufacturer an exclusive license to use your trademark with this template License Agreement.
- Purpose of License. The purpose of the license agreement is for the manufacturer to use the trade mark in connection with manufacturing and marketing branded products.
- Royalties. The manufacturer will pay an annual royalty calculated as a percentage of net sales of the products for each calendar year during the term of the agreement.
- Product Quality. The licensor has the right to inspect the manufactured products for quality control purposes, and the manufacturer will remove any non-compliant products from the market.
- Intellectual Property Claims. The manufacturer must notify the licensor of any trade mark infringements or applications to register trade marks which might conflict with the licensor's trade marks.
- Scope of Law. This Trade Mark License Agreement is a generic legal document which does not contain references to the laws of any specific country.
- How to Get the Form. The form is available as a MS Word template which can be downloaded immediately following purchase.
