ANNOTATED PATENT LICENSE AGREEMENTAnnotated Patent License Agreement • December 2nd, 2017
Contract Type FiledDecember 2nd, 2017License Agreement Text Remarks This agreement provides an exclusive license and a non- exclusive license that are defined in terms of the field of use. This PATENT LICENSE AGREEMENT (“Agreement”) is entered into as of the day of , 2017 (the “Effective Date”) [1] by and among [Patent Holder Inc.], a corporation with an address of (“Company”), and [Licensee Inc.], a corporation with an address of (“Licensee”). [2] In consideration of the mutual promises and obligations contained below, and intending to be legally bound, Company and Licensee agree as follows: [3] [1] Effective date. [2] Clear identification of the parties. Note that “Company” is the licensor in this scenario. [3] Establishes that the context of this document is a contractual agreement. 1. BACKGROUND 1.1 Company owns certain patents relating to [widgets]. [4] 1.2 Company wishes to grant to Licensee a non-exclusive license to Company’s patents for [widgets] for use in [add fields] applications, and Licensee wishes to take
ANNOTATED PATENT LICENSE AGREEMENT -NOT A TEMPLATE- - INTENDED FOR EDUCATIONAL PURPOSES ONLY-Annotated Patent License Agreement • October 27th, 2017
Contract Type FiledOctober 27th, 2017This PATENT LICENSE AGREEMENT (“Agreement”) is entered into as of the ___ day of _______, 2017 (the “Effective Date”) [1] by and among [Patent Holder Inc.], a ________ corporation with an address of ____________ (“Company”), and [Licensee Inc.], a __________ corporation with an address of __________ (“Licensee”). [2] In consideration of the mutual promises and obligations contained below, and intending to be legally bound, Company and Licensee agree as follows: [3] [1] Effective date. [2] Clear identification of the parties. Note that “Company” is the licensor in this scenario. [3] Establishes that the context of this document is a contractual agreement.