Industrial Designs Licence
The owners of registered designs, design rights, copyright, and other important intellectual property rights subsisting in industrial designs often choose to licence those rights to others as a means of exploiting their designs and putting them into production.
This Industrial Designs Licence is designed for use in such situations. Rather than focusing on one specific IP right, this document bundles together rights such as registered designs, design rights, and copyright under the heading of an “industrial design”.
This licence agreement template sets up a relationship between a licensor and a licensee whereby the licensor (the owner of the industrial designs) grants the licensee a licence to manufacture and sell their product(s). The licence covers the intellectual property rights in those products as well as in related design and other documentation.
Payment under this agreement takes the form of an initial sum, followed by quarterly royalty payments. Other key provisions cover matters such as quality control, the application of trade marks and other IP notices to products, confidential information, warranties, and indemnities.
For situations in which the licensor will be providing know-how and technical assistance, please refer to our Manufacturing Licence Agreement.
Optional phrases / clauses are enclosed in square brackets. These should be read carefully and selected so as to be compatible with one another. Unused options should be removed from the document.
This Industrial Designs Licence contains the following clauses:
1. Definitions and Interpretation
2. Grant of Rights
3. Quality Control, Trade Marks, and IP Notices
4. Fees and Payment
6. Licensor’s Warranties
7. Licensee’s Warranties
9. Intellectual Property Rights
10. Term and Termination
11. Non-Assignment of Agreement
13. Force Majeure
14. No Waiver
15. Further Assurance
17. Relationship of the Parties
18. Third Party Rights
19. Entire Agreement
22. Law and Jurisdiction
and the following schedules:
1. Products and Product Design Specifications
2. Registered Designs
3. Licensor’s Trade Marks
This Industrial Designs Licence is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.
Once you have purchased access to the appropriate document folder click on the “Download Document” link below. You will be asked what you want to do with the file. It is recommended that you save the document to a location of your choice prior to viewing.