Technology Transfer Agreement

License your technology and know-how to a manufacturer who will manufacture and sell your products under this Technology Transfer Agreement.

  • The manufacturer is granted an exclusive license to use the technology and know-how within a defined territory.
  • The owner of the technology (the grantor) will provide all required technology, training and technical assistance.
  • The manufacturer will pay the grantor a royalty on each sale of products within the territory.
  • Either party may develop improvements to the products, and must disclose such improvements to the other party.
  • On improvements developed by the manufacturer, the owner will have the exclusive royalty-free license outside the territory, and the manufacturer will have the exclusive royalty-free license inside the territory.
  • The parties will jointly perform verification tests on the products.
  • This is a generic legal form which does not contain references to the specific laws of any country, and can be used in many jurisdictions.
Document Type: Microsoft Word
Last Updated: 30-June-2021
SKU: 592
$29.99
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