A licensing agreement form is a document created between a licensor and licensee whereby the latter applies for a license from the former for which the company has to pay an amount of money as royalty to the licensor. There can be different type of items, services or ideas both tangible and intangible, for which one creates a licensing agreement.
A licensing agreement form must include the contract details and names of both the parties, the date of signing the contract, the date from which the agreement is effective and its expiration date. The royalty amount must also be clearly mentioned, including how it will be paid and when.
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Sample Licensing Agreement Form
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