Sample Patent Knowhow License (Lambert)
Publisher one
Lambert ToolkitSource file
Sample Patent Knowhow License (Lambert).docxJurisdiction
England and WalesContract party
Relevant sectors
Type of legal document
🧠 Patent Knowhow LicenceBusiness activity
License the knowhow from a patentA patent knowhow licence is a legal agreement between a patent holder and another party that grants the latter permission to use the holder's patented invention. The licence typically covers the use, manufacture and sale of the invention.
The template would likely cover various aspects of the licensing agreement, including the identification of the parties involved, such as the licensor (the owner of the patent) and the licensee (the entity seeking to use the patented knowhow). It would also outline the scope of the license, specifying the exact patent or patents that are being licensed, as well as any accompanying knowhow or trade secrets provided by the licensor.
Additionally, the template would cover topics related to the rights and obligations of both parties. This might include details about the licensee's usage rights, restrictions on sublicensing, confidentiality requirements, and any specific restrictions on exploitation. The template may also address issues such as indemnification, termination, and dispute resolution mechanisms, all within the context of the UK legal framework.
Given that it is a sample template, it is likely designed to serve as a starting point for future licensing agreements. Users of the template would be expected to tailor and modify its provisions to suit their specific needs and circumstances. It is essential for users to consult with legal professionals to ensure compliance with current UK patent and contract law while adapting the template to their particular licensing requirements.
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