The following IP guidance note provides comprehensive and up to date legal information covering:
Produced in partnership with Chris Shelley of Penningtons Manches LLP
This Agreement is dated [insert date]
[insert name] [of OR a company incorporated in [insert jurisdiction, eg England and Wales] under number [insert registered number] whose registered office is at] [insert address] (Licensor); and
[insert name] [of OR a company incorporated in [insert jurisdiction, eg England and Wales] under number [insert registered number] whose registered office is at] [insert address] (Licensee),
each of the Licensor and the Licensee being a party and together the Licensor and the Licensee are the parties.
The Licensor is the [owner of OR applicant for] the Licensed Patents and possesses the Licensed Know-How.
The Licensor wishes to grant a licence to the Licensee to exploit the Licensed Patents and the Licensed Know-How and the Licensee wishes to accept that licence subject to and in accordance with the terms of this Agreement.
The parties agree:
Definitions and interpretation
In this Agreement:
means any entity that directly or indirectly Controls, is Controlled by, or is under common
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