Licence Agreement for Licensee

Key points and English template

Use a Licence Agreement for Licensee if...

… you want to use a business concept, software, app or other intellectual property of another company

… you are taking over the marketing of the intellectual property or the manufacturing of the product of another company

Key Points included in a Licence Agreement for Licensee

What is a Licence Agreement for Licensee

Under a license agreement, the owner of intellectual property (licensor) grants another party (licensee) the right to use its property commercially against compensation (licensee fee or royalty)

The licensor retains the ownership of the property and the license only conveys the right to use the property within the agreed scope. The most common types of licensed property comprise trademarks, digital assets like apps or software, copyrights, inventions or patents. 

The license may apply worldwide or be restricted to a defined territory. It can be granted to the licensee only (exclusive) or other interested parties (non-exclusive). 

If it is exclusive, the licensee will, as a rule, covenant and be incentivized to do its best to market the products or services derived from the licensed property. If other parties can access the licensed property, it will lose value. Therefore both parties will have an interest in treating all license-related information highly confidentially.   

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