Create Licensing Agreement "*" indicates required fields Step 1 of 3 33% This field is hidden when viewing the formUser Logged In? Contact InformationYour Name* First Last Email* Already have an account?Login now.Licensor InformationWho owns intellectual property that is being licensed?Licensor Name*Please indicate the name of the person, entity, or corporation who owns or controls the intellectual property to be licensed.Licensor Address* Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code Licensee InformationLicensee Name*Please indicate the name of the person, entity, or corporation who wishes to license the Intellectual Property of the LicensorLicensee Address* Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code License InformationWhat is the intellectual property being licensed in this agreement?*Please describe the Intellectual Property which the Licensor owns or controls that is the subject of this Licensing Agreement (written work, music, video, design, technology, trademark, etc).Is the license to be granted exclusive or non-exclusive?*Non-Exclusive if the Licensor can still license the intellectual property to another party after licensing the same to the Licensee. Exclusive Non-exclusive What is the geographical scope of the license?*Please indicate the geographical scope where the Licensee can exercise the License (for example, Worldwide, for the State of New York, or for the United States.)Would the licensee be permitted to sublicense?*Can the Licensee in turn License to third parties the rights granted under this Agreement? Yes No Would you like to include the scope of use and specific limitations for the license?*You can specify how the Licensee can exercise the License and any specific limitations. Yes No Scope and Specific Limitations of the License*One common example of a scope limitation is when a licensor chooses to limit the licensee’s right to use a trademark. The trademark may be registered for a variety of goods and services, but the license agreement may only permit the licensee to use the trademark in connection with only one of those products.How will the licensor be compensated by the licensee for the grant of the license?*Please specify the Licensor’s compensation or payment in exchange for Licensing its intellectual property. One Time Fixed Fee means a one time payment paid by the Licensee at a stipulated date. A recurring fixed Royalty fee means that the Licensee would be required to pay the Licensor a fee on a recurring basis (for example, $1000 annually.) Royalty fees can also be computed based on a percentage of the gross amount of sales by the Licensee involving the Licensed IP (for example, 5% of the Sales Amount, to be paid every month). Royalty fees can also be computed as a fixed fee for every unit of sale of the Licensee involving the Licensed IP (for example, $5 for every unit of sold). One time fixed fee Recurring fixed royalty fees Royalty fees as a percentage of sales Royalty fees per unit of sale Alternative payment arrangement What is the one time fee?*Please indicate in dollars the one time fee to be paid to the Licensor by the Licensee.When should the one time fee be paid?*Please indicate when the one time fixed fee should be paid. MM slash DD slash YYYY What is the recurring royalty fee?*Please indicate in dollars the recurring Royalty fee to be paid to the Licensor by the Licensee.When will the first payment be made?*Please indicate when the first of the recurring Royalty fees should be paid. MM slash DD slash YYYY What is the frequency of the recurring royalty fee payments?*Please indicate the schedule of payments of the recurring Royalty fee. Weekly Monthly Quarterly Semi-annually Annually What percentage of sales should be paid as the royalte fee?*Please indicate what percentage of the sales of the Licensee involving the Licensed Intellectual Property would comprise the Royalty fee.When will the first payment be made?*Please indicate when the percentage Royalty fee would first be paid? MM slash DD slash YYYY What is the frequency of the recurring royalty fee payments?*Please indicate the schedule of payments of the percentage of sales Royalty fee. Weekly Monthly Quarterly Semi-annually Annually What is the royalty fee per unit of sale?*Please indicate how much in dollars will the Licensee pay to the Licensor for every unit sale of the Licensee involving the Licensed Intellectual Property.When will the first payment be made?*Please indicate when the Unit Royalty fees would first be paid? MM slash DD slash YYYY What is the frequency of the royalty fee payments?*Please indicate the schedule of payments of the Unit Royalty fees. Weekly Monthly Quarterly Semi-annually Annually Please describe the alternate compensation arrangement?*Please indicate how the Licensee would compensate the Licensor for the License.Will the Licensee be permitted to make any modifications to the license?*Please indicate if the Licensee would be permitted to make any changes to the Licensed Intellectual Property. Yes No Will the licensor own any derivative works or modifications to the license?*Please indicate if there would be a provision in the Agreement which automatically vests ownership into the Licensor with respect to any resulting work of the Licensee which integrates the Licensed Intellectual Property. Yes No Will the licensor exercise any quality control or supervision over the licensee’s use of the license?*Please indicate if the Licensor has the right to oversee the Licensee’s exercise of the License. Yes No Is the limitation of liability in favor of the licensor, licensee or mutual?*A limitation of liability clause in a contract limits the amount of money or damages that one party can recover from another party for breaches or performance failures. For the licensor For the licensee Both Is the indemnification clause in favor of the licensor, licensee, or mutual?*An indemnification clause aims to protect a party’s exposure to the acts of the other party with respect to the other party’s act of breach, illegal acts, or exposure to claims from third parties. Please indicate in whose favor should the indemnification clause be drafted. limit the liability of a counterparty – please indicate in whose favor should the indemnification clause be drafted. For the licensor For the licensee Both Is the confidentiality clause in favor of the licensor, licensee, or mutual?*A confidentiality clause protects the trade secrets and confidential information of a contractual party against unauthorized disclosure. Please indicate in whose favor should the confidentiality clause be drafted. The licensor The licensee Both Which state shall govern the interpretation and all disputes in relation to this agreement?*Please kindly indicate the State which shall govern the choice of law and venue for claims/court actions in case there is a dispute.AlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingWhen will the agreement formally begin?Please indicate the date when the licensing agreement would formally commence. MM slash DD slash YYYY When will the terms of the agreement end?Please indicate the date when the Licensing Agreement would formally end. MM slash DD slash YYYY Will the licensing agreement automatically renew?*A Licensing Agreement can have an automatic renewal clause wherein the Agreement shall automatically renew for another set term, unless notice is given to cancel the Licensing Agreement before the automatic renewal clause kicks in. Yes No How long is the renewed term?*If the Licensing Agreement automatically renews, how long would be the renewed term of the Agreement?Years / Months*Year(s)Month(s)What is the required notice period (in days) to prevent automatic renewal?*At least how many days before the end of the Licensing Agreement should a notice to cancel be given in order to prevent its automatic renewal? Almost there! Complete secure checkout on the next page to receive your PDF without any watermarks or restrictions. 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