Create a Customized Licence Agreement

This template was prepared by: Topstone Solicitors (London), Topstone Solicitors

Instructions

Licensors use license agreement to grant their licensees the right to use certain intellectual property, e.g. software, trademarks, patents, designs, graphics or any other intellectual property

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Licence Agreement

Add Comment THIS LICENCE AGREEMENT (this "Agreement") dated Add Comment Add Comment The Licensor is: Individual or sole trader Spouses Company LLP Partnership (LP) The Licensor is the party that grants the Licence. The Licensor is the party that grants the Licence. Add Comment Add Comment Add Comment Add Comment ( the " Licensor “) Add Comment OF THE FIRST PART Add Comment Add Comment The Licensee is: Individual or sole trader Spouses Company LLP Partnership (LP) The Licensee is the party that receives the Licence. The Licensee is the party that receives the Licence. Add Comment Add Comment Add Comment Add Comment ( the " Licensee “) Add Comment OF THE SECOND PART Add Comment

( Licensor and Licensee hereinafter jointly referred to as the "Parties" and individually as the "Party")

Add Comment

IN CONSIDERATION OF the mutual benefits and obligations set forth in this Agreement, the receipt and sufficiency of which consideration is hereby acknowledged, the parties to this Agreement agree as follows:

Add Comment Intellectual Property . Add Comment For the purpose of this Agreement, the 'Intellectual Property' means Add Comment Add Comment The Licensee is granted a licence of the Intellectual Property (the 'Licence') . Add Comment The Licence is granted Add Comment The Licence is granted following restrictions on the use: Add Comment Add Comment Add Comment

The Licensor will be responsible for any and all damages resulting from the unauthorized use of the Intellectual Property .

Add Comment

Copyright, title, intellectual property rights and distribution rights of the Intellectual Property remain exclusively with the Licensor except the Licence .

Add Comment Sublicence . Add Comment grant sublicences following limitations: Add Comment Add Comment Add Comment Term of Agreement . Add Comment

The term of this Agreement (the 'Term') will begin on the date of this Agreement and will remain in full force and effect

Add Comment may terminate this Agreement prior to the _____ . Add Comment

In the event that either Party wishes to terminate this Agreement prior to _____ , that Party will be required to provide

written notice to the other Party . Add Comment

The Term of this Agreement may be extended with the written consent (including email) of the Parties .

Add Comment Add Comment Is the Licence granted free of charge? For the Licence the Licensee will pay payment (the 'Licence Fee') to the Licensor of Add Comment The Licence Fee Value Added Tax (VAT). Add Comment

The Licensor will be responsible for all income tax liabilities and National Insurance or similar contributions relating to the Licence Fee and the Licensor will indemnify the Licensee in respect of any such payments required to be made by the Licensee .

Add Comment Payment Conditions . Add Comment Choose Fee Payment Options: Lump-Sum Payment Deposit Milestone Payments In Installments The Licensee will pay the Licence Fee by Add Comment Penalties for Late Payments . Add Comment Any late payments will trigger a fee of on the amount still owing . Add Comment Assignment . Add Comment The rights and obligations of the Licensor as existing under this Agreement

be assigned in whole or in part to a third party , without the prior written consent of the Licensee .

Add Comment The rights and obligations of the Licensee as existing under this Agreement

be assigned in whole or in part to a third party , without the prior written consent of the Licensor .

Add Comment Should any Party be indemnified? Licensor Licensee Both Parties No Add Comment Indemnification . Add Comment

Except to the extent paid in settlement from any applicable insurance policies, and to the extent permitted by applicable law, the Licensee agrees to indemnify and hold harmless the Licensor, and its respective affiliates, officers, agents, employees, and permitted successors and assigns against any and all claims, losses, damages, liabilities, penalties, punitive damages, expenses, reasonable legal fees and costs of any kind or amount whatsoever, which result from or arise out of any act or omission of the Licensor, its respective affiliates, officers, agents, employees, and permitted successors and assigns that occurs in connection with this Agreement .