Patent License Agreement - 1134 Downloads

Free Agreement Templates by hloom.com
Patent License Agreement
File Size: 38 KB
Downloads: 1134
Uploaded on: 2015-11-16 10:37:00
File Name: Patent-License-Agreement.docx
Download: Free
When one individual or business sells a patent to another party, they sign a contract which licenses the patent to the receiving party and transfers all interest pertaining to the patent. The contract is a special type of document called a patent license agreement. This helps provide legal protection and ensures both parties are aware of their rights and responsibilities.The written document identifies the patent, inventor and invention and must be signed and dated by the licensor and licensee. The patent licensing agreement format should include sections which outline the terms of the license, payments, definitions, records, and other important information about the licensing agreement.Patent licensing agreement sample between an inventor and a manufacturer to transfer the patent over and clearly lists all of the terms and conditions of the arrangement.

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