Copyright or patent licence agreement

About this patent licence

The essence of this patent licence agreement is that it is a licence by an inventor to a person or company who will market your patent for others to exploit in a given territory. The agreement can also be used for any other copyright work where you rely on sub-licences agreed and set up by someone else.

You invent the gizmo. Your licensee sells it on by sub-licence to manufacturers. Your gizmo is likely to be something which cannot be used alone, but must be incorporated into another product. Examples: a switch mechanism; a ski binding; a diamond cutting blade; a tranquiliser dart.

Use for any industry or purpose; home or abroad; for a period of time, or more likely, for ever; cash payment or royalty, or both.

You can use this agreement for a one-off deal or for multiple agreements, each for a different territory.

All Net Lawman documents are written to protect primarily the document buyer. However, we do not invite problems for you by ignoring the likely requirements of your counter-party. There are many provisions in this document which satisfy the concerns of a fair minded Licensee.

Key features

• You control the terms of the sub-licenses
• Very full royalty payment control
• Easy to edit (as always with Net Lawman documents)
• Thorough coverage of legal areas
• Practical, alternative business provisions
• No requirement for you to be your own lawyer

Contents of this patent licence agreement

Here is a list of the major subjects covered in this agreement.

• Definitions, interpretation and legal matters
• Selected warranties and understandings by both sides
• The licence deal
• Terms of sub-licences
• Further protection of rights of creator
• Infringement of copyright
• Confidentiality
• Other matters relating to enforcement and other legal issues