Agreement for License of Unregistered Design Right in Existing Work
Licence agreement between the owner of an unregistered
design and another party who will complete or adapt the
design (where necessary), then manufacture and market it for sale.
About this document
This agreement is suitable for assignment of rights in any original work such as a new design or blue print for an innovative product or technology which has been researched and developed by the owner but has not been yet been registered.
The agreement provides terms and conditions to safeguarded the interests of the owner and help him generate income form his research or design even before the complicated and lengthy process of registration of the design is completed.
Application
and features
Suitable for any design work: graphic design, technology design, art work, a child’s toy, a gadget to save water and so on;
Protects the interests of the owner, yet is fair to both parties;
Complete with explanatory and guidance notes in plain English.
Contents
Grant of the license;
Terms of license;
Rights, obligations and warranties of the licensor;
Rights, obligations and warranties of the licensee;
Additional technical assistance, if required;
Payment: how, when and how much;
Limitation of liability by the owner;
Confidentiality;
Term, termination and the effects of termination of the agreement;
No competition;
Schedule 1: Details of the design;
Schedule 2: Payments in detail;
Other appropriate legal provisions.
Word
Count (approximate):
Document: 3400
words
Explanatory notes:
400
words
Draftsman
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