Canada Royalty Agreement for Intellectual Property

When transferring intellectual property as part of the sale of a business, you can set out how royalties will be paid with this Royalty Agreement template for Canadian businesses.

• The intellectual property was developed by the seller and is being transferred to the purchaser as part of the transfer of business assets. The intellectual property will continue to be used by the purchaser in the operation of the business.
• The purchaser agrees to pay the seller an ongoing royalty for a specified number of years.
• The royalty is calculated based on the customer base and non-exempted gross earnings of the business.

Don't leave royalties on the table. Download the Canada Royalty Agreement for Intellectual Property, and make sure you get fairly compensated for your ideas.