Intellectual Property Licence

Our Intellectual Property Licence template is suitable for licensing intellectual property from one party to another. You can use it for licensing various types of intellectual property: patents, copyright, trademarks, etc.

Why have an IP Licence?

You could find at certain times that you want to licence your intellectual property to another person or business. This might happen because you don’t have the capital to produce the products based on your intellectual property ideas or inventions. It is also a possibility that the company that you are going to give an Intellectual Property Licence to is going to be involved in the manufacturing or marketing of the intellectual property.

We offer an Intellectual Property Licence that has been prepared by an IP specialist UK solicitor. Therefore, you needn’t pay the much higher prices of a High Street law firm. You can buy with confidence from Legalo, because:

• we have made sure that the licence is legally binding and easy to use; and
• a UK lawyer, who is both very experienced and a specialist in IP, holding a Masters Degree in intellectual property rights, has drafted and checked this template.

Should you decide to let a business use your intellectual property, you will need to use an Intellectual Property Licence to do so. This licence states that you are offering them the chance to sell goods or services using your intellectual property.

Using our Intellectual Property Licence template

You will find that the template will provide you with:

• a place to include the fees and royalties,
• as well as how you work them out.

Our document also covers all of the usual topics you should include:

• the specific intellectual property rights you are licensing;
• what the licensee can or can’t do with your intellectual property;
• what the length of the term of use is;
• if there are any indemnities; and
• what kind of insurance the agreement will require.

If you aren’t the sole owner of the intellectual property, then you must contact all of the owners of it before you can grant a licence.

Other intellectual property templates available from Legalo

Be sure that you have all the intellectual property templates on hand that you might need with Legalo’s range of documents, so that you can conduct your business in a swift and easy manner. You can find them here: Intellectual Property Suite.

We also have copyright templates or trademark templates. Use these if you are only really dealing with either copyright or trademarks.