Create a Customized Licence Agreement

This template was prepared by: Topstone Solicitors (London), Topstone Solicitors

Instructions

Licensors use license agreement to grant their licensees the right to use certain intellectual property, e.g. software, trademarks, patents, designs, graphics or any other intellectual property

Licence Agreement

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THIS LICENCE AGREEMENT (this "Agreement") dated
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The Licensor is:
The Licensor is the party that grants the Licence.
The Licensor is the party that grants the Licence.
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of
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The Licensee is:
The Licensee is the party that receives the Licence.
The Licensee is the party that receives the Licence.
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of
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Intellectual Property.
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For the purpose of this Agreement, the 'Intellectual Property' means
.
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Licence.
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The Licensee is granted a
licence of the Intellectual Property (the 'Licence').
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The Licence is granted
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The Licence is granted
following restrictions on the use:
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;
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Sublicence.
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Licensor
grant sublicences
following limitations:
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;
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Term of Agreement.
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The term of this Agreement (the 'Term') will begin on the date of this Agreement and will remain in full force and effect
.
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may terminate this Agreement prior to the _____.
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In the event that either Party wishes to terminate this Agreement prior to _____ , that Party will be required to provide
written notice to the other Party.
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Fee.
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Is the Licence granted free of charge?
For the Licence the Licensee will pay
payment (the 'Licence Fee') to the Licensor of
+ In Words
.
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The Licence Fee
Value Added Tax (VAT).
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Payment Conditions.
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Choose Fee Payment Options:
The Licensee will pay the Licence Fee by
.
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Penalties for Late Payments.
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Any late payments will trigger a fee of
% per
on the amount still owing.
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Assignment.
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The rights and obligations of the Licensor as existing under this Agreement
be assigned in whole or in part to a third party , without the prior written consent of the Licensee.
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The rights and obligations of the Licensee as existing under this Agreement
be assigned in whole or in part to a third party , without the prior written consent of the Licensor.
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Should any Party be indemnified?
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Indemnification.
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Information shall be kept confidential by
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Confidential Information.
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The Confidential Information will include all data and information relating to the business and management of any Party , including but not limited to:
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The Confidential Information of each Party will not include information that:
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Each Party may disclose any of the Confidential Information:
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Notice.
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All notices or other communications shall be deemed given upon personal delivery to the appropriate address, or if sent by certified or registered mail,
days after the date of mailing to the following:
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To: Licensor.
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Individual Name:
.
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Phone:
.
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Email:
.
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To: Licensee.
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Individual Name:
.
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Phone:
.
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Email:
.
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Force Majeure.
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Notwithstanding the preceding, in the event such Force Majeure continues for a period of
consecutive months, either party shall have the right, but not the obligation, to serve a written notice on the other terminating this Agreement in full and each shall have no further obligation whatsoever to the other save that Company shall continue to be obliged to make payments of monies due hereunder but not paid at the date of termination.
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Applicable Law.
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Pronouns; Statutory References.
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Interpretation.
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References to this agreement.
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Exhibits.
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Cooperation.
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Severability.
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Paragraph Headings.
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Counterparts.
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Entire Agreement.
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SIGNED, SEALED AND DELIVERED
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SIGNED, SEALED AND DELIVERED
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