Licensing Agreement Drafting
Governs the licensing of **intellectual property, technology, or products**, securing usage terms and revenue streams.
Lawizer drafts agreements with clear royalties, scope, and term definitions to ensure enforceable usage terms.
Why a Licensing Agreement Protects Your IP
This document is essential for **monetizing your intellectual property** (IP) while retaining ownership. It establishes the limits of use and ensures you receive appropriate compensation (**royalties**).
Key Protections & Benefits
Protects IP rights and revenue
Ensures enforceable usage terms
Drafting agreements with royalties, scope, and term definitions
Pre-Requisites for Drafting
To define the terms of the license, the following key details are required:
Licensor & licensee details
Scope of IP and royalties
Duration and special clauses
Lawizer Deliverables
Drafting agreements with royalties, scope, and term definitions
Frequently Asked Questions
It governs the licensing of intellectual property, technology, or products from one party (licensor) to another (licensee).
It protects the licensor's IP rights and revenue by ensuring that the usage terms are clearly defined and legally enforceable.
The agreement must clearly define the scope of the IP being licensed, the royalties or fees involved, and the duration of the license.