Patent license form

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Sample Materials License — Royalty-based. Sample Materials License — Flat-fee-based. Harvard also offers option agreements to companies that are considering licensing a Harvard technology.

Options are usually six months to one year in duration and typically require both an upfront fee and patent prosecution reimbursement during the option term.

Basic Option Agreement. To view sample confidentiality agreements, material transfer agreements, or research collaboration agreements, please return to our Sample Agreements page. P-Warangal A. P-Bhilai M. P-Bhopal M. P-Indore M. P-Jabalpur M. N-Chennai T. N-Coimbatore T. N-Dharmapuri T. N-Kanchipuram T. N-Karur T. N-Madurai T. N-Namakkal T. N-Pollachi T. N-Pondicherry T. N-Salem T. N-Tirupur T. N-Trichy T. P-Agra U. P-Aligarh U.

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Patent License Agreement. Priori Legal. Talk to a Lawyer. GRANT OF LICENSE The Licensor grants to the Licensee the exclusive right and license to manufacture, sell, and use apparatus embodying, employing, and containing the inventions patented in the above-mentioned Letters Patent, throughout the COUNTRY] and its territories, to the full end of the term or terms for which such Letters Patent have been or may be granted, and any reissue or reissues of such Letters Patent, unless this agreement is terminated prior to such term or terms, as provided below.

RATE OF ROYALTIES The Licensee shall have the right, option, and privilege of selecting the rate of royalty to be paid according to the schedule contained in Article Three of this agreement, and for that purpose Licensee may for three quarterly periods of any fiscal year pay royalties on the minimum basis, and in the final quarter report upon the basis of the actual number of apparatus sold during the year, and the royalty for the entire year shall be computed on a basis of such reduced royalty, and adjustment and payment made accordingly.

JOINDER OF LICENSOR The Licensor agrees that the licensee may join as party plaintiff if the licensee should find it necessary or desirable in any suit or suits which the Licensee may institute involving the above-mentioned letters Patent, it being agreed that in such event the licensor shall not be chargeable for any costs or expenses by reason of being joined as party plaintiff, but that the Licensee shall bear all such expenses.

Disclaimer This form is a sample that has been prepared for general informational purposes only.