All Templates
License the knowhow from a patent
🧠 Patent Knowhow Licence
Sample Patent Knowhow License (Lambert)
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.
This legal template, titled "Sample Patent Knowhow License (Lambert) under UK law," is a standardized document designed to outline the terms and conditions for the licensing of patent-related knowhow. It specifically pertains to licensing agreements falling within the jurisdiction of the United Kingdom.
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.
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.
How it works
PRODUCT HUNT
#1 Product of the Day
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
See Genie AI in action
Book your personalised demo now
Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue
Similar legal templates
Short Form Trade Mark Licence
A Short Form Trade Mark Licence under UK law is a legal template designed to govern the terms and conditions of licensing a trademark. This template outlines a concise agreement between the trademark owner (licensor) and a third party (licensee) wishing to use the trademark for a specific purpose or duration. The document covers essential details such as the scope of the license, permitted uses of the trademark, geographical restrictions, quality control measures, royalties or fees payable, and termination clauses. This template ensures that both parties have a clear understanding of their rights and obligations, helps prevent trademark infringement, and allows for efficient management of the licensed trademark.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
5
RATINGS
3
DISCUSSIONS
2
Share Purchase Escrow Letter
The Share Purchase Escrow Letter under UK law is a legal template that outlines the terms and conditions for the escrow arrangement in the context of a share purchase agreement.
Typically, in a share purchase transaction, the buyer will deposit a certain amount of money into an escrow account as a safeguard against any future breaches by the seller. This escrow account is usually held by a neutral third party, known as the escrow agent, who administers the funds in accordance with the terms set out in this letter.
This legal template provides a comprehensive framework for the establishment and operation of the escrow account. It covers important aspects such as the appointment and responsibilities of the escrow agent, the conditions for release of funds from the account, and the procedure to resolve any disputes related to the escrow arrangement.
Additionally, the template may also include provisions related to the obligations of the buyer and the seller, including their representations and warranties, indemnification clauses, dispute resolution mechanisms, and any specific conditions or contingencies that must be met before funds can be released from the escrow account.
This Share Purchase Escrow Letter under UK law is designed to offer legal certainty and protection for both parties involved in the share purchase transaction, ensuring that the funds held in escrow are appropriately managed and released in accordance with agreed-upon terms and conditions.
Typically, in a share purchase transaction, the buyer will deposit a certain amount of money into an escrow account as a safeguard against any future breaches by the seller. This escrow account is usually held by a neutral third party, known as the escrow agent, who administers the funds in accordance with the terms set out in this letter.
This legal template provides a comprehensive framework for the establishment and operation of the escrow account. It covers important aspects such as the appointment and responsibilities of the escrow agent, the conditions for release of funds from the account, and the procedure to resolve any disputes related to the escrow arrangement.
Additionally, the template may also include provisions related to the obligations of the buyer and the seller, including their representations and warranties, indemnification clauses, dispute resolution mechanisms, and any specific conditions or contingencies that must be met before funds can be released from the escrow account.
This Share Purchase Escrow Letter under UK law is designed to offer legal certainty and protection for both parties involved in the share purchase transaction, ensuring that the funds held in escrow are appropriately managed and released in accordance with agreed-upon terms and conditions.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
10
RATINGS
5
DISCUSSIONS
0
Simple Board Meeting Minutes To Approve Transfer Of Shares
This legal template is designed to document the board meeting minutes specifically for approving the transfer of shares under UK law. Share transfers typically involve the movement of ownership from one shareholder to another, whether it be fully or partially. The template aims to record the proceedings and decisions taken during the board meeting, ensuring compliance with UK legal requirements and company regulations. It assists in providing a clear and formal record of the board's deliberations and resolutions related to the approval of share transfers. The template may encompass various details, such as the date, time, and location of the meeting, attendance of board members, a summary of discussions, specific resolutions proposed and adopted, and any relevant attachments or supporting documents. Overall, this template serves as a reliable tool for board secretaries and company officials to accurately report the approval process for share transfers in accordance with UK legal obligations.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
8
RATINGS
3
DISCUSSIONS
1
