Co-Ownership Agreement for Intellectual Property

License the manufacturing, marketing and distribution of products in Canada with this Exclusive Licensing Agreement.

• The Agreement is between a party involved in the research and development of a product (the licensor), and a party who wants to acquire the exclusive right to manufacture, market and distribute the product within a defined territory (the licensee).
• 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.

Get your product to market. Download the Canada Exclusive Licensing Agreement and start the manufacturing and distributing process right away.

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.

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.