Exclusive and territory. The licensee is granted the exclusive right to manufacture and sell the product in a given territory. The licensee agrees that others are not allowed to sell the product in this area. This part of the agreement is usually accompanied by a clause. Harvard offers certain materials (usually organic research materials) for commercial use on a non-exclusive basis. Some materials, such as Z.B. Souris, are generally offered on a flat-rate basis or with fixed annual payments; others, such as hybrid cell lines, also include licensed payments. Typical agreements for both types of hardware licenses are listed below. 13.2 The licence fee and all other amounts that the licensee must pay to the licensee under this agreement are limited to all foreign and domestic taxes which, if applicable, are charged to the purchaser and paid by the licensee within 30 days of that invoice. This section limits when and where the licensee can sell his or her property.

The fact is that the licensee may be the only entity to sell this product or service in a specific area. A Burger King franchisee, for example, wants to be the only Burger King in a given area. Without this agreement, the licensee could bring out another Burger King franchise. Access to Harvard`s innovations should be as simple as possible. Our licensing agreements are fair and reasonable, and experienced OTD employees will work with you to help you achieve your business goals. To give you an idea of how these licenses are taking shape, we are pleased to provide you with a series of illustrating examples. If you have any questions about these examples, please contact us. Because of the legal basis they have to cover, some licensing agreements are quite lengthy and documents complex. But most of these agreements cover the same fundamentals. These include the scope of the agreement, including restrictions on exclusivity or territories; financial aspects, such as necessary advances, royalties and royalty calculations; Guarantees for minimum sales Calendars with “on-the-market” dates, contract duration and renewal options; the lessor`s rights to quality monitoring and control, including procedures to follow; Minimum inventories that need to be maintained and returns and allowances.

Intellectual property licensing agreements are the most common, such as patents, trademarks and copyrighted material. Music, film, video and works of art are the main copyrighted materials. Although a licensing agreement does not give you ownership of another entity, you can use it as long as you follow the parameters described in the agreement. Christian, Glynna K. “Joint-Ventures: Understanding Licensing Issues.” The licensing newspaper. The partial agreements were concluded on 1 October 2005. In the licensing agreement, as with other types of contracts, there may be sub-agreements. For example, the licensee may require a confidentiality agreement to prevent the licensee from disclosing proprietary product features or processes to others. The taker may require the donor to sign a non-compete agreement to prevent the donor from breaking the agreement by allowing another person to sell the product in the exclusive territory of the taker. To view type trust agreements, hardware transfer agreements or research cooperation agreements, please return to our standard agreements site.

Each licensing agreement is unique and these agreements vary by type (copyright, trademark, patent, etc.). In general, you will find these sections in most license agreements: IP licensees use three main types of licensing agreements. They are: Given the details above, everyone can see that licensing agreements are complex. The safest strategy is to publish your legal needs in the UpCounsel market. The lawyers of this site have a lot of experience in writing license agreements that correspond to everyone. It doesn`t matter if you`re a no