Royalty Agreement

When you own intellectual property, it only takes a few minutes to draw up a Royalty Agreement and get paid for your work. Perhaps you own a patent or trademark. Or maybe you're the person who wants to use a poem, logo or unique manufacturing process for a certain amount of time. The owner deserves compensation. A royalty contract helps you determine the big stuff, including the bottom line.

Use the Royalty Agreement document if:

• You are the owner of a property interest (copyright, patent, other property interest) and you would like to grant the right to use of such property interest to another party for a limited period of time.
• You would like to contract the use of certain property from the company or individual who owns the property rights.