Any party may request the termination of this contract at any time during this agreement, by written notification. PandaTip: The termination clause in the licensing model contains documentation of all reasons for termination and the time frame for such termination. This license agreement and all the attachments are, for all reasons, the entire agreement for the listed real estate. In addition, this licensing agreement prevails over all previous agreements, including written or written agreements between the parties. In signing this license agreement, Grantor undertakes to provide all necessary documents for the property to Grantee for the agreed duration. PandaTip: The rights provision in this licence model lists the specific rights granted to Grantee for which grantor receives royalties. As such, it decided to enter into an agreement with HeadSoundz, a manufacturer specializing in the manufacture and sale of audio equipment. To do this, PhoneMe must grant rights to its brand, trade name and brand on HeadSoundz, so that HeadSoundz can use PhoneMe`s unique branding on headphones, packaging and marketing. Both parties enter into a licensing agreement. Both sign a licensing agreement confirming that HeadSoundz PhoneMe will pay a royalty rate of 5% of net sales on a quarterly basis, in exchange for the use of the PhoneMe brand, trade name and brand for a period of 3 years. Grantee agrees that, for the duration of the agreement, all contained real estate will be treated confidentially and would possess proprietary personal information in the same consideration as grantee. PandaTip: The area of viability of this proposal covers the procedure for replacing aspects of this agreement deemed illegal or inappropriate by a court.
Whether you`re a designer, writer or business engineer, you want to make sure you get your fair share when someone makes money with your ideas. With a licensing agreement, you can specify how and for how long your property will be used. Of course, royalties are at the heart of the agreement, and you have to decide how to structure them: how much you will be paid and when. If you want to use someone else`s property, talk to them from the right angle. By offering a formal licensing agreement, you show them that you are trustworthy, responsible and professional. This means that you have a much better chance of getting your permission. A licensing agreement helps everyone get what they want. Other names for this document: Licensing Agreement, License Agreement While Grantor holds the right and owns to grant shares in [Property.Address], Grantee has expressed interest in using grantor`s property for [period of time.period] by paying a portion of Grantees` earnings in the form of a licence fee for the property as well as all agreed lump sums included in this license agreement.