Copyright or patent licence agreement

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Document overview

This is a licence of a patent to someone who will exploit it through sub licences. The licensor will take a cash payment or royalty, or both. Example: a patented device, part or sub-assembly which requires to be incorporated into a product for use.
Compliant
Compliant with the latest law in
  • ACT
  • NSW
  • NT
  • QLD
  • SA
  • TAS
  • VIC
  • WA
Document propertied
Document properties
  • Length:15 pages (4500 words)
  • Available in:
    MsWordMicrosoft Word DOCXApple pagesApple PagesRTFRTF
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writing in plain english
Written in plain English

We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.

Notes
Guidance notes included

You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.

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Up to date with the latest law

Our documents comply with the latest relevant law. Our lawyers regularly review how new law affects each document in our library.

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
Sample copyright or patent licence agreementFront cover

Recent reviews

Confidence in quality
03 June 2020
Steven Schaefer
Review of the South African version

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