Word document, 137KB | |
This manufacturing licence is in two languages - English and Chinese.
The agreement is suitable where the inventor of a product licenses a company to manufacture and sell that product in return for a licence fee and royalties on sales.
This ten page document contains 14 clauses covering
• definitions
• the licence
• duration
• fees and royalties
• records and royalty payments
• development programme and manufacture
• territory
• improvements
• confidentiality
• intellectual property
• infringement of IP rights
• termination
• language, governing law and resolution of disputes
• a general clause detailing notice, assignment, waiver and the scope of the agreement
A Schedule is included, allowing for a list of patents and trade marks.
You need this document if you are an inventor of a product, who wants to license a company to manufacture and sell your product in return for a licence fee and royalties.
See detailed Explanatory Notes >