Legal Documents for your business

Licensing Agreement (IP)

Your first document is free with Lawpath

This legal document has been provided by Lexis Nexis

Licensing Agreement (IP)

Licensing Agreement (IP)

eSign with Lawpath
4.1 (9)
Under 15 minutes
Under 15 minutes
Last updated December 2018
Last updated May 5, 2020
Suitable for all Australian states and territories
Suitable for all Australian states and territories

An IP Licensing Agreement is a legal document that enables a company to grant the use of it’s intellectual property to another business. Customisable and ready to use in under 15 minutes.

Get started

Document Overview

An Intellectual Property Licensing Agreement is a legal document that enables a company (a licensor) to grant the exclusive or non-exclusive use of it’s intellectual property to another business (a licensee), and also allows the licensor to set out the terms associated with the use of its intellectual property. 

However, unlike an Intellectual Property Agreement, an Intellectual Property Licensing Agreement does not allow a licensor to transfer ownership of the intellectual property to another person or business. The Intellectual Property Licensing Agreement merely grants the right to use the intellectual property under the terms set out in the agreement.

This legal document incorporates general legal matters relating to the execution and nature of the licence as well as the licensee’s obligations under the agreement; such as licence fees, confidentiality, indemnity and the expiration or termination of the licence. 

 

Use this Intellectual Property Licence If:

  • You want to grant someone the use of your intellectual property, but do not want to transfer ownership of the intellectual property. 

  • You want to ensure that the person using your intellectual property uses it in a manner that was intended or agreed upon by you, and that they are aware of the consequences of non-compliance. 

 

What does this Intellectual Property Licence Cover?

  • Duration, jurisdiction and nature of the licence. 

  • Nature of the intellectual property as well as its supply and use. 

  • Warranties and indemnities

  • Licensee’s obligations: Licence Fees, Royalties, Stamp Duty, and GST.

  • Expiration, termination and revocation of the licence


Further Information:

Document Reviews

No reviews available.

How it works

Follow the steps below and you’ll have your ready-to-use document in no time.

Step 1

Set up a free Lawpath account

Step 2

Search and find the document you need from our list

Step 3

Follow the prompts and fill in all the relevant details

Step 4

Download your document in ready-to-use PDF or Docx* format. Access from any device, at anytime.

A giant library of template documents combined with a legal marketplace make this a must have for any small business owner.
Jake Benjafield

Create and access documents anytime, anywhere by signing up to our monthly or annual subscription plan

Sign up now

Recent Articles

Recent Articles

How Many Shareholders Can a Private Company Have?

Is there a limit on the number of shareholders your private company can have? Read more to find out about shareholders in private companies.

What Are Ratchet Clauses and How Do They Work?

Find out everything you need to know about ratchet clauses, how they might impact your lease agreement and what your legal options are.

What Licence Do I Need To Sell Liquor Online?

Find out what licence you need to sell liquor online, how to apply for it, and other important considerations.
Not sure what you need?
Call and speak to one of our
consultants for free on
1800 529 728
Australia’s leading
Online legal website

Lawpath has been recognised as a
leader and innovator across the legal
sector.

Safe and Secure

We keep all your information
encrypted to ensure your
privacy and safety.