Picture of Co-Ownership Agreement for Intellectual Property Picture of Co-Ownership Agreement for Intellectual Property

Co-Ownership Agreement for Intellectual Property

Transfer 50% ownership interest in intellectual property to a co-developer with this Co-Ownership Agreement template.

  • This type of co-ownership arrangement is typically used by an inventor who needs to partner with a developer in order to develop certain technology and bring it to market.
  • The developer becomes a co-owner in the intellectual property, in exchange for providing development services.
  • The developer will be responsible for ongoing improvements to the technology, and for developing training documentation.
  • Revenues generated by the technology will be the joint property of the co-owners.
  • License fees will be assessed when the technology is used by third parties.
  • The relationship between the parties is not to be construed as a partnership.
  • The agreement contains provisions allowing one co-owner to buy out the other in order to terminate the relationship.
  • The Co-Ownership Agreement for Intellectual Property is generic in nature and does not contain references to specific laws of any country or region.
  • The template is downloadable and can be easily modified to fit your unique needs.
Document Type: Microsoft Word
Last Updated: 12-November-2024
SKU: 547
$17.99
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License the manufacturing, marketing and distribution of products in Canada with this Exclusive Licensing Agreement.

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  • The licensee is granted patent rights and the right to utilize the licensor's trade secrets, processes, techniques and other proprietary information in order to perform its obligations under the Agreement.
  • The licensee is not an agent of the licensor.
  • The licensee will pay a royalty to the licensor, calculated as a straight percentage of gross sales made by licensee and any subsidiary, affiliate or related company of which the licensee holds a majority share interest.
  • Available in MS Word format, fully editable.
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Letter of Intent for Research and Development

Write a Letter of Intent for research funding, development and commercialization of products with this easy-to-use template.

  • The Letter of Intent is a good faith negotiation tool to finalize an R&D agreement between a research institution and a company seeking to fund a particular field of research.
  • Each party agrees to keep all of the other party's information confidential.
  • The company will fund the research in exchange for the opportunity to develop and produce marketable products.
  • The company will also acquire rights to the underlying intellectual property and patents.
  • The Letter of Intent is an agreement in principle, not a legal contract, and is not legally binding except as it relates to the negotiations.
  • This is a generic form which can be used anywhere.
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Letter of Intent to License Technology for Development

Negotiate the terms of licensing certain technology for research and development purposes with this Letter of Intent.

  • The licensor will sponsor research to further the development of the technology, and may offer consulting positions to some of the licensee's research and development personnel to further its business interests.
  • The licensee will pay an up-front license fee, and a royalty on all sales of products or services covered by the patent rights related to the technology.
  • The licensor will diligently pursue and protect all patent rights.
  • Closing of the transaction is conditioned upon a number of factors, including the licensee being able to obtain the necessary financing.
  • The Letter of Intent itself is an agreement in principle, not a legal contract, and is not legally binding except as it relates to the negotiations between the parties.
  • The purpose of the Letter of Intent is to ensure that the licensor and the licensee both have the same understanding of the terms discussed.
  • The Letter of Intent to License Technology for Development template can be used in most countries and is fully editable to fit your specific circumstances.
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Independent Contractor Agreement for Technology Development

Hire an independent contractor to develop technology products with this Independent Contractor Agreement template.

  • Parties. The Agreement is between a tech developer and an investor who will fund the development project to create new tech products and bring them to the marketplace.
  • Assignment of Rights. In exchange for the funding of the project, the developer will assign all of its rights in any commercially viable products to the investor.
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