License Agreement

License agreement is an agreement whereby the owner provides for a certain period, on certain terms and on certain territory the right to use piece of his work to another person.

Why do you Need to Sign a License Agreement?

If you want to grant the right of use of the piece of work which belongs to you, it is necessary to conclude license agreement in simple written form. 

It is not necessary to go for the state registration of the license agreement for the exclusive right for a piece of work. Such license agreement is legally binding without state registration.

Preparation of the License Agreement

License agreement as well as pledge agreement can be compensated or royalty-free agreement. If it is a compensated agreement then the cost paid for the right of use of the piece of work should be specified in the agreement.

A competent license agreement execution is not a difficult procedure for the specialist with necessary experience in the field of intellectual property.

Patent attorneys and lawyers of “Zuykov & partners” LLC are ready to help solving this and many other issues providing exhaustive consulting and taking responsibility for settlement of any question associated with licensing of rights on intellectual property objects.