UK Intellectual Property Licence Agreement

Grant another party the right to use your patents and technology throughout the UK with this Intellectual Property Licence Agreement.

• The licence is an exclusive licence to develop, make, use, market, sell, and distribute products developed with the intellectual property, within a specified geographical area.
• The licensee has the right to grant sub-licences to third parties, provided that such third parties agree to be bound by the terms of the Agreement.
• Royalties will be paid quarterly, based on net sales of products within the licensee's territory.
• The licensee will deduct all taxes and other amounts required to be paid or withheld from the amount of the royalty prior to payment.
• The licensor will continue, at its sole cost and expense, to prosecute and maintain the patents.
• The licensee has the right, at its expense and with the licensor's consent, to enforce the patents against infringement.
• Each party is bound by mutual confidentiality provisions.

The UK Intellectual Property Licence Agreement is an essential legal document for manufacturing and distributing products in the United Kingdom. Buy, download, customise, print, sign - it's so easy.