Licensing Agreement

A licensing agreement seeks to regulate a wide range of commercial family of contracts which have, at their core, an asset is licensed to a third party for reward (the licensee) by the owner of the asset (the licensor).

R5,200.00 inc. VAT

Fit For

Most licensing relationships

Customised

Yes, to your specific needs

Attorney

Prepared by an attorney of no less than 12 years post qualification experience

Common benefits of a Licensing Agreement

FAQ's regarding Licensing Agreements

  • the software and information technology arena where software is developed and licensed out to for use by the licensee;
  • where goods or products are produced under licence; or
  • use of patented technology owned by the licensor.

By their nature, these agreements are typically fairly complex and bespoke, but there are of course common traits across most licensing agreements.

  • the scope of the license;
  • the territory;
  • monitoring of quality and control;
  • who owns the intellectual property attached to the underlying asset;
  • that the third party under license is entitled to do with the software while under license; and
  • how/when to terminate the relationship.