👩‍✈️ Patent recordal license

This legal template is specifically designed to outline a patent license agreement that needs to be recorded on the public register in accordance with UK law. The template likely contains provisions that define the terms and conditions under which a patent holder grants permission to another party (the licensee) to use, manufacture, sell, or otherwise exploit their patented invention. Additionally, it would likely include clauses specifying the duration of the license, the territories in which it is applicable, any necessary royalty or fee arrangements, and provisions for termination or renewal of the agreement. The document is intended to ensure legal compliance by recordal on the public register, where the license agreement becomes publicly accessible and serves as evidence of the licensee's right to use the patented invention.