PLAYBOOK TEMPLATES
Patent License Agreement
A Patent License Agreement grants rights to use, manufacture, or sell an invention covered by a patent. This playbook focuses on negotiating royalty structures, field-of-use restrictions, and ownership of improvements.
Technology Transactions
Issue & Concept List
License Grant
Scope Restrictions
Ownership & Derivatives
Financial Terms
Audit & Reporting
Warranties & Reps
Indemnification & Liability
Confidentiality Obligations
Term & Termination
Dispute Resolution
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What you get in this playbook
1
License Grant
Defines the specific rights and permissions granted by the licensor to the licensee.
2
Scope Restrictions
Sets limitations on how the licensed IP may be used, including fields of use and sublicensing rights.
3
Ownership & Derivatives
Addresses ownership of the underlying IP, improvements, derivatives, and joint developments.
4
Financial Terms
Covers payment structure, royalty rates, minimum guarantees, and milestone payments.
5
Audit & Reporting
Specifies the licensee’s obligations to report usage data and allow audits of royalty compliance.
6
Warranties & Reps
Details assurances on ownership, validity, and non-infringement of the licensed IP.
7
Indemnification & Liability
Defines each party’s responsibilities for third-party claims, damages, and legal fees.
8
Confidentiality Obligations
Covers protection and permitted disclosure of confidential information shared during and after the agreement.
9
Term & Termination
Outlines the agreement’s duration and conditions for termination or renewal.
10
Dispute Resolution
Specifies the governing law, venue, and mechanisms for resolving contract disputes.
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