Custom Licensing Agreement

A Licensing Agreement is an agreement in terms of which the owner of an asset (licensor) licenses the use of the asset to another (licensee) for remuneration.

Suited For

All forms of licensing engagements

Custom Fitted

Yes

Prepared By

Your Experienced Attorney

What our Licensing Agreement service comprises

Our expert Attorneys will custom fit your Licensing Agreement to the unique needs of your licensing requirements.

Typical Licensing Agreements might include the following:

  • Intellectual property, such as trademarks which are licensed out;
  • Access to software products; or
  • Licensing of patented technology

Typical clauses included in Licensing Agreements

Licensing Agreements should always, at the very least, cover the following:

  • the rights attached to the use of the license by the licensee;
  • the geographical location where the licensee may operate or have access;
  • how quality and control will be managed and maintained;
  • in whom ownership of the intellectual property attached to the underlying asset is vested;
  • the method employed to calculate royalties or the licence fees;
  • what the third party may and may not do with the software while under license; and
  • when and in what manner the relationship between the licensee and licensor will be brought to an end.

What are the benefits