Royalty Sharing Agreement

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Use the form below to download a license agreement from the RoyaltyRange database. This licensing agreement is subject to the jurisdiction of [Grantee.State] and all legal proceedings are as such. While Grantor owns and holds the right to grant shares in [Property.Address], Grantee has expressed interest in using the Grantors property for [Time.Period] by paying a portion of Grantees` profits in the form of royalties for the property as well as all agreed lump sums included in this licensing agreement. In addition, this licensing agreement prevails over all previous agreements, including written or written agreements between the parties. With the exception of a violation of this agreement, neither party is liable for the violations, losses, damages or costs that may result from third parties in this licensing agreement resulting from the actions of the other parties. When you enter into a licensing agreement, it`s always helpful to see a typical company licensing agreement so you know what to expect. If you are designing a licensing agreement for a customer or your own organization, it is also helpful to create an example of licensing agreements that can be used as a start-up guide. The non-application or non-application of one element of this licensing agreement does not constitute a waiver of another aspect of the agreement. In the event of non-compliance with this agreement, Grantor undertakes to compensate Grantee for any losses, damages or injuries. If, at any time, one or more conditions of this licence agreement were to be considered unenforceable or non-applicable, the parties agree to replace a similar clause or condition to replace the wrong clause or condition. PandaTip: Since contract and licensing law varies from jurisdiction to jurisdiction, it is important to define where this contract will be judged in the event of litigation.

If you are considering granting your intellectual property or becoming a licensee, you must be familiar with licensing agreements. A company`s licensing agreement is a central element of any licensing agreement and ensures that both parties are properly compensated for their contributions. In this article, we explain what a licensing agreement is and give you an example of when it could be used. At the end of this page, you can download a license agreement so you can see an example of what is included in a license agreement and how it is designed. As such, it decided to enter into an agreement with HeadSoundz, a manufacturer specializing in the manufacture and sale of audio equipment. To do this, PhoneMe must grant rights to its brand, trade name and brand on HeadSoundz, so that HeadSoundz can use PhoneMe`s unique branding on headphones, packaging and marketing. Both parties enter into a licensing agreement. Both sign a licensing agreement confirming that HeadSoundz PhoneMe will pay a royalty rate of 5% of net sales on a quarterly basis, in exchange for the use of the PhoneMe brand, trade name and brand for a period of 3 years.