An example of License Agreement Forms are those forms you see when you are about to install a certain software or application. That’s just one place where these forms are commonly viewed, but these can also be applicable for trademarks usage, patents, real estates, and more. Such an agreement form serves as a contract between the licensor, the maker of the product, and the licensee, one who purchased the product. The form stipulates the right of the licensee to be able to use the product under certain terms and conditions. If these conditions are appropriate to the licensee, he or she may sign and agree to the agreement; however, if he is not satisfied, he has the power to decline.
Software License Agreement Form
Trademark License Agreement Form
Patent License Agreement Form Example
Real Estate License Agreement Form
Vehicle License Application Form
Why Is a Licensing Agreement Form Important?
A Licensing Agreement Form is significant since it ensures that the maker or creator of a product is appropriately paid and grants that the consumer of his creation has limited rights under the brand’s conditions. Without Licensing Agreement Forms, the consumer may cause a breach in the product’s limitations that may ruin the brand and the constitution of the product itself.
Elements of a Licensing Agreement Form
Though not all agreement forms are similar, there are parts of these forms that are common.
- The Agreement’s Scope is a part of the form which includes the details of the licensor and the territorial restrictions to the usage of the product.
- Royalty Rates refer to whether the product is free to use, or it acquires an amount to be paid to the licensor.
- Length of Contract refers to the time frame decided by the creator of the product in which the user may have a choice: trial or premium use.
- The Right of the Licensor to monitor and do quality control specifies the procedures that the consumer should follow for the product’s usage.
- Finally, signatures or boxes to fill indicating whether the consumer agrees or does not agree to the stipulations in the Licensing Agreement Form.
Commercial Agreement Forms are similar to License Agreement Forms except that these are mostly used for renting spaces such as houses and condominiums. You may download these forms in Doc and PDF formats on our site.
Real Property License Agreement Form
Office License Agreement Form Sample
Temporary License Agreement Form Example
Encroachment License Agreement Form
Irrevocable License Agreement Form
License Agreement Form in Word Format
Quick Tips on Drafting a Licensing Agreement Form:
- Know Your Product. Always put in mind what your product can do, which includes its limitations and the benefits it can give to the end-user.
- Set the Scope Clearly. Specify the boundaries if the product is exclusive or non-exclusive.
- Prohibitions. State the acts that you do not allow your consumer to do, but avoid being too strict to the point that your user can no longer enjoy the product.
- Assure Step-by-step Procedures. Whether you developed a software or you invented a new product for the market, always include step-by-step procedures on how to use your product.
- Set a Practical Time-frame. Some products are only available to use for a week while some a month. So from knowing your product in step one, you have the knowledge regarding the appropriate time-frame for you user to be familiar with your creation.
- Allow Feedback. Let your consumer know that you accept feedback and suggestions for your product’s development.
Licensing is one way to own a product, but let consumers use and redistribute it. With these agreement samples, you now have an idea for what format you would prefer for your product.
You may also check out our Consignment Agreement Forms, available for download in Word and PDF formats.
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