A Licensing Agreement is a document used by the owner of some form of intellectual property - such as a logo, photograph, or song - to give permission to some other individual to use that property. The Parties can further specify when royalty payments will be made and what sort of documentation the Licensee will be required to give the Licensor when explaining how the royalty payment amounts were calculated. For your convenience, we’ve organized this agreement into two parts. A Licensing Agreement is a document used by the owner of some form of intellectual property - such as a logo, photograph, or song - to give permission to some other individual to use that property. By licensing, rather than selling, software, developers can retain ownership … In this type of . Other names for the document: Ownership. a legal contract where the owner of a photo licenses the use of the image to a person or company You will be able to modify it. The issue of where you seek a license largely depends on: 1. Release of Liability Form (Waiver of Liability), Vacation Rental Short Term Lease Agreement, Consequences of Not Using a Licensing Agreement, Cease and Desist Copyright Infringement Letter, Cease and Desist Trademark Infringement Letter, Manufacturer wanting to print the slogan on t-shirts, The beauty product company wanting to use the blogger’s content as a review, Photographer who took photos at a resort hotel, The resort hotel wanting to use the photos for a brochure, Company who needs the part to make their machines, What is the intellectual property being licensed, Where can the Licensee use the licensed intellectual property, Why or for what purpose Licensee can use the intellectual property, How much and when is Licensee paying for the license. INTELLECTUAL PROPERTY LICENSE AGREEMENT This Agreement is effective as of May 27, 2011 by and between Futures Industry Association, with a place of business in Washington, D.C. (“FIA”) and FIA European Principal Traders Association (“Licensee”). this license agreement. In addition to any and all other rights or remedies provided in this Agreement or which Licensor may have at law, in equity, or otherwise, in the event that Licensee fails to comply with any obligations imposed upon Licensee hereunder, Licensor shall have the The licensee may require the licensor to sign a non-compete agreement, to keep the licensor from breaking the agreement by … Software License Agreement - US or Canada (pdf - 883Kb) Applies to the software licenses purchased in either the US or Canada. The services provided under this agreement may be related to your license to use programs which you acquire under a separate order. A simple Licensing Agreement should generally have at least the following: Here are some additional provisions that may be included in your agreement: Still confused? They are quite logical. The Agreement outlines how the Licensor (the Party who owns the property) will grant the license to use their property to the Licensee (the Party who is using the Licensor's property). This is different than an Intellectual Property Release wherein the owner of the property gives away all of their rights to the work and does not receive continued compensation, known as royalty payments, in exchange for giving permission. A simple Licensing Agreement will identify the following basic elements: As a reference, this agreement is also known by other names: If you own a patent on a useful piece of technology, have a copyright on a popular photograph, have trademarked a special image, or own some other invention or creative work that you want to make money on, you will need a License Agreement. karnataka.gov.in. So, although the Licensor will not grant any additional licenses, the Licensor can continue to use the IP and any previous licenses can still remain in effect. A non-exclusive copyright license agreement allows the licensee to use (but not own) the owner’s creative works. Most licensing agreements will stipulate the licensor's quality standards as a test protocol. A Licensing Agreement is a legal document between two parties – the Licensor, or person who owns the intellectual property (IP), and the Licensee, or person who is receiving a license to use the IP. Details. If people violate the agreement, then tracking down the violators would be another problem. This document allows the Parties to specify the length of use and how the property is utilized. Once a Licensor grants an exclusive license to someone, no other licenses on that IP can be granted to anyone else. The first part Finally, and most importantly, the Parties can arrange how the Licensee will compensate the Licensor in exchange for permission to use the property by paying royalties. Check out this a helpful article from Inc. on Licensing Agreement basics. This license does not include the right for the Licensee to grant sublicenses to third parties. Sub-agreements. Use of this site is subject to our Terms of Use. This Licensing Agreement (the "Agreement") is made effective as of _____ by and between the following Licensor of the following address: _____ _____ and the following Licensee of the following address: ... At the end, you will immediately receive the document in Word and PDF formats for free. Termination. MS Word. Google Docs. A non-exclusive license grants the Licensee a license to use the IP, but the Licensor is free to also use the IP and to grant licenses to whomever else it wants. Agreement the proprietor (Licensor) of a registered trademark gives authorization to 2Nothing in this Agreement shall be taken as implying that the basis, scope or duration of a measure being implemented by a licensing procedure is subject to question under this Agreement. Legal Templates LLC is not a lawyer, or a law firm and does not engage in the practice of law. Licensing can help a company obtain rights needed to sell or manufacture its own products effectively and easily, while lending the licensee an established name and reputation. Here are some possible scenarios where you might consider using this agreement: There are a number of different fees you could charge for your IP: Your licensing deal could contain only one or any combination of these payment methods. The Parties should describe the work being licensed in as much detail as possible, including information about the quality of the work that will be delivered from the Licensor to the Licensee for the Licensee's use. 3. WHEREAS, FIA is a well-known trade association that provides For example, the licensor may require a non-disclosure agreement to keep the licensee from disclosing proprietary product features or processes to others. At the end, you receive it in Word and PDF formats for free. This is a license agreement between you and Microsoft Corporation (or, based on where you live, one of its affiliates) that describes your rights to use the Office 2013 software. A licensing professional helps with such matters as: 1. An exclusive license gives the Licensee the exclusive and only right to the use the IP – not even the Licensor can use the IP. LICENSE AGREEMENT The Software Licensing Agreements are crucial for software developers to protect the time and resources they put into creating software. Prior experience You will receive it in Word and PDF formats. This type of Agreement is used in situations where the creator of intellectual property is okay with someone else using their property but wishes to ultimately retain their rights to the property and be compensated in exchange for giving the license. Here is a list of some of the suffering having this agreement could prevent: In 2015, Apple Inc. and telecom equipment company Ericsson agreed to a global license agreement, ending a year-long patent dispute between the companies. File Format. The agreement referenced in that order shall govern your use of such programs. … Without this agreement, the owner of valuable IP would not be able to make money on that IP or control how the IP is used out in the world. SOFTWARE LICENSING AGREEMENT INSTRUCTIONS Overview Software Licensing Agreements set forth the terms by which licensees can use proprietary software developed by the licensor. this Agreement. Answer a few questions and your document is created automatically. The license grants permission to the licensee and includes … Therefore, many parties can hold licenses to the same IP at the same time. The document is created before your eyes as you respond to the questions. A trademark license agreement allows the licensee to use (but not own) the licensor’s trademark in connection with agreed-on products or services. Home Legal Documents Licensing Agreement. File Format. A licensing agreement, or license agreement, is a deal between the owner of a patent, brand, or trademark and someone who wants to use the patented or trademarked goods and services. All usage of the name shall inure to the benefit of Licensor. A sole license grants the Licensee an exclusive license, but the Licensor keeps the right to use the IP. Pages. For example, the Agreement might provide that digital images being licensed be given to the Licensee in a particular format, size, or dpi. except to the extent the software is subject to a separate written software license agreement between you and kofax, this license agreement will supersede any and all license agreements governing any licenses of the software previously granted by kofax (and its predecessors in interest) to you. Licensing knowledge 3. The sample licensing agreement below details an agreement between the licensor, ‘Valerie J Toups’, and the licensee, ‘Matthew K Jordan.’ Valerie J Toups agrees to allow Matthew K Jordan to use the licensed IP according to the specified terms. Create Your Licensing Agreement in Minutes! Licensee shall comply with the requirements of Licensor as to the manner and context of use of the [name] brand name in its company name and the wording to accompany ... Microsoft Word - 2016 Intangible property - license agreement for brand name.docx Further, individuals being granted a license can use other people's intellectual property to grow their own business or make a living while protecting themselves from intellectual property infringement claims by defining the terms of the property's use. Test protocols are standards set out by the industry for … Overall, intellectual property in the United States is covered under primarily federal law, with the main statute applicable being the Copyright Act of 1976. You fill out a form. Licensor has the right, but not the obligation, to apply to register the Mark, in all forms and FREE 7+ Sample License Agreement Forms in PDF | MS Word A License Agreement Form is a written document wherein the licensor or the owner of a brand name or patented technology will agree to give his full license over such name or technology to a licensee. Royalty payments can be calculated in a number of ways including a one-time flat fee, a specific dollar amount paid for each unit of an item containing the licensed work sold by the Licensee, or a percentage of total net sales of any items made using the licensed work sold by the Licensee. If this is your first time creating a license agreement and you are afraid that you might forget to put down something, we understand your worries. This License shall terminate on _____, 20___. Software License Agreement - Worldwide English (pdf - 873Kb) Worldwide English language version, applies to the software licenses purchased in all other countries. This agreement allows you to set the terms of everything related that particular IP and protect your proprietary rights, including how the Licensee can use the IP, who owns the IP, who can sublicense the IP, the price of the license for the IP, and how long the Licensee can use the IP. Start by clicking on "Fill out the template". Microsoft Cloud Agreement (MCA) is a transactional licensing agreement for commercial and government organizations seeking to fully outsource management of their cloud services through a Cloud Solution Provider (CSP). This document can be used if an individual wants to use intellectual property that they do not own. Note – in some Adobe agreements, these terms are referred to as End User License Agreements (EULAs). Packaging 3. For the terms associated with older versions of these products, visit the archive page. The Licensor can be the owner of a copyright, trademark, patent, service mark, trade secret, know-how, or other IP. Fill in the blanks and choose the terms of this international agreement that best suit your needs. Click here to create an End User Licensing Agreement or Software License Agreement. Conversely, this document may be used by someone who would like to grant permission to another person to use their intellectual property. There are a few different types of licenses you can grant on the above IP – exclusive, non-exclusive or sole. All information, software and services provided on the site are for informational purposes and self-help only and are not intended to be a substitute for a lawyer or professional legal advice. Available in Word, PDF and Excel formats, the license agreement samples are easy to edit, download and print. For example, the Parties can specify the right to use a trademark or the right to sell or distribute intellectual property for a specific period of time. Contract negotiations 2. Agreement. Looking to license software? By using a Licensing Agreement, the owner of intellectual property is able to make money while also controlling how their property is used and disseminated out in the world. A License Agreement allows another business to have access to the usage of that licensed property. A license agreement won't guard against unauthorized distribution, but you can specify terms and the agreement can be added to a PDF document viewed in all Acrobat viewers. A licensing agreement is a contract between two parties (the licensor and licensee) in which the licensor grants the licensee the right to use the brand name, trademark, patented technology, or ability to produce and sell goods owned by the licensor. The Agreement outlines how the Licensor (the Party who owns the property) will grant the license to use their property to the Licensee (the Party who is using the Licensor's property). Find licenses and terms for Adobe products and services in the following chart. Trademark License Agreement, and that Licensor makes no representations or warranties, express or implied, except as expressly set forth in this Agreement. Licensing Agreement Template | Create a Free License Agreement 3. And individuals and companies that need certain IP to grow their business or make a living might not be able to have access to it. The user can the details of both the parties that are a part of the licensing process, the subject matter, the extent of the license templates and other vital and relevant information to these templates. RETAIL LICENSE TERMS Thank you for choosing Microsoft Office 2013. Legal Templates cannot and does not provide legal advice or legal representation. Copyright 2020 Legal Templates LLC. License Agreement in PDF. 1. software license grant. PDF; Size: 7.1KB. It is best practice to include as much detail about the work as possible, in your Agreement, so that if a dispute should arise, the rights to the specific work are clear. For an easier licensing process, you can use the service of a license firm or agent. 3For the purpose of this Agreement, the term "governments" is deemed to include the competent authorities of the European Communities. license you have. however, certain deliverables may be subject to additional license terms provided in the ordering document. A License Agreement is most often used if one person has ownership of a business concept, software, app, or new product that they want to be able to take to market with the help of another party. Biodiversity-related Access and Benefit-sharing Agreements; Licensing Agreement (sample) submitted by Michael A. Gollin, VENABLE Attorneys at Law, 1201 New York Avenue, N.W., Suite 1000, Washington, DC 20005-3917, United States of America Within the license agreement, as with other types of contracts, there may be sub-agreements. In 2014, Microsoft sued Samsung, alleging Samsung missed a royalty payment estimated to be over $1 billion. You can modify it and reuse it. The Parties can then include information about whether the license is exclusive (the Licensor will not grant licenses to other third-parties to use the property in the same way) or non-exclusive (the Licensor may give similar licenses to other third-parties), the geographical area where the Licensee may use the property, and whether the Licensee is allowed to modify the property to create what is known as a derivative work. Product development If you go ahead with a licensing product agreement, you may discover that your business grows rapidly. Website License Agreement. Licensing can help a company expand into new markets effectively and easily while lending the licensee an … Size: A4 & US. Negotiated license agreements will include terms specifically tailored to the subject matter of the patent rights, the business of the licensee and other factors that may alter or replace the terms below. Use our Licensing Agreement to license out intellectual property. There are no laws outlining what must be put into a Licensing Agreement. Details. Merchandising 4. Download. license agreement with an exclusive grant in patent rights. Product type 2. Download International Trademark License Agreement sample in Word format. Several different types of IP can be covered in under this agreement: Here is a helpful article explaining the different types of intellectual property that can be licensed. Cisco and its licensors retain ownership in all intellectual property rights in and to the … (E) Upon termination or expiration of the license granted under this Agreement by operation of law or otherwise, all rights (including the right to use the Work) privileges and obligations arising from this Agreement shall cease to exist, except for Licensee’s obligation to pay royalties to Licensor pursuant to the terms herein. Your document is ready! Software License Agreement IMPORTANT READ CAREFULLY: This Agreement (as defined below) is a legal contract between You (as defined below) and SA International Inc. for Flexi, PhotoPrint, EnRoute, or PixelBlaster branded Software (as defined below). Art License Agreement, Artist License Agreement, Artwork License Agreement, Copyright License Agreement, Exclusive License Agreement, Intellectual Property and New Technologies, Fill out the template - 100% FREE, Agreement for Offering Online Seminars Due to COVID-19/Coronavirus, Intellectual Property Cease and Desist Letter. A licensing agreement is a written agreement by which the owner of a property or activity gives another party permission to use that property under specified parameters. Use of such programs, rather than selling, software, developers can retain …! Law firm and does not provide legal advice or legal representation licensing professional helps such... 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