Industrial Designs Licence For Manufacture/Sale of Products
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useContract party
Relevant sectors
Type of legal document
🧑🚀 Design licenceBusiness activity
Sell or acquire design rightsThe template covers all necessary legal aspects and obligations involved in granting a license. It outlines the terms and conditions agreed upon between the licensor, who owns the industrial design rights, and the licensee, who intends to use the design for manufacturing or selling products. The agreement clarifies the rights and responsibilities of both parties.
The document may include provisions related to the scope of the license, such as specifying which products or categories can be manufactured or sold using the industrial design. It may also address any geographical limitations or exclusivity related to the license.
Additionally, the template may outline the payment terms, including the royalties or license fees that the licensee agrees to pay to the licensor. It may also cover details on the frequency, method, and reporting obligations associated with these payments.
Furthermore, the legal template may encompass clauses regarding the confidentiality of any proprietary information shared between the parties during the license agreement. It may address intellectual property protections, non-disclosure requirements, and restrictions on the transfer or sublicensing of the industrial design rights.
The agreement may also contain provisions on the duration and termination of the license, including circumstances under which either party can terminate the agreement. It may address any potential dispute resolutions mechanisms or legal jurisdictions applicable to conflicts that may arise.
Overall, this legal template provides a comprehensive framework for establishing a mutually beneficial license agreement for the use of industrial designs in manufacturing or selling products under UK law. With this template, both licensor and licensee can establish clear expectations and legally binding terms to protect their respective rights and interests.
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