IP Holding Company Operating Agreement
This Agreement may be used where a business is structured through a holding company that owns intellectual property, and an operating company that uses the intellectual property, as a licence enabling the use of that intellectual property.
3.5 (2 reviews)
Last updated October 16, 2024
Under 10 minutes
Suitable for Australia
Written by
Edwin Montoya Zorrilla
Reviewed by
Damin Murdock
Document Overview
Many businesses find that operating under a "Holding", "Dual" or "Parent" company structure works best for them. In particular it allows them to hold their assets in an entity that is separate from the entity that operates the business and carries its liabilities, and therefore protects those assets from creditors in case of insolvency. For intellectual property to be effectively protected under such a structure, the "Subsidiary", or "Operating" company, must be using that intellectual property lawfully, under a commercially sound licencing agreement. This agreement provides terms that can effectively allow such a structure to operate.
The Legal Risk Score of a IP Holding Company Operating Agreement Template
Our legal team have marked this document as low risk considering:
- It is being executed between two parties that are working together.
- There are few variables in the document.
IP Holding Company Operating Agreement Checklist
Complete your free IP Holding Company Operating Agreement with our checklist
Get the right individuals to sign the document
The document should be signed by the director(s) and/or secretary.
Keep the document readily available
Both parties should have the document handy as an easy reference for their obligations.
What does the Intellectual Property Company Operating Agreement cover?
- Licensing fee and security to ensure the payment of the fee;
- Appropriate accounting practices;
- Appropriate promotion and marketing practices; and
- Dispute resolution and general terms.
It's never been so easy
Sign-up to a free Lawpath account
Get started and we’ll take care of you. It’s that easy.
Collaborate with e-Sign and Sharing
Having access to your legal documents has never been easier. You can request e-signature, share the document and download for an efficient collaboration.
Create unlimited legal documents and eSignatures for only $39/month.
Upgrade to a Lawpath legal plan to boost your new business.
Here's what people say about Lawpath’s IP Holding Company Operating Agreement
Reviews are managed by BazaarVoice and comply with the BazaarVoice Authenticity Policy. Reviews are independently verified by BazaarVoice and detail our customers' real experiences.