The Irrevocable Royalty License is a sophisticated legal instrument used when a permanent, non-withdrawable license for intellectual property rights is required, typically in situations where the licensee needs to make significant long-term investments in commercializing the licensed IP. This agreement, governed by Canadian law, provides comprehensive protection for both the IP owner's rights and the licensee's business interests. It includes detailed provisions for royalty calculations, payment terms, quality control, reporting requirements, and compliance with Canadian federal and provincial regulations. The irrevocable nature of the license makes it particularly suitable for scenarios requiring stable, long-term licensing arrangements, such as manufacturing operations, technology implementation, or product development programs. The document ensures compliance with Canadian intellectual property laws, tax regulations, and competition law while providing a framework for successful commercial exploitation of the licensed intellectual property.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the licensor and licensee, including full legal names and addresses
2. Background: Context of the agreement, identification of the intellectual property, and confirmation of ownership
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of License: Explicit statement of the irrevocable license grant, its scope, and territory
5. Royalty Terms: Detailed royalty rates, calculation methods, and payment terms
6. Payment Terms: Payment schedules, methods, currency, and late payment consequences
7. Reporting Requirements: Requirements for sales reports, royalty calculations, and record-keeping
8. Quality Control: Standards for product quality and licensor's right to inspect
9. Intellectual Property Protection: Obligations regarding IP protection, infringement notification, and enforcement
10. Term and Irrevocability: Confirmation of the perpetual and irrevocable nature of the license
11. Representations and Warranties: Standard warranties regarding IP ownership and right to license
12. Indemnification: Mutual indemnification provisions for IP claims and breaches
13. Confidentiality: Protection of confidential information exchanged under the agreement
14. Governing Law: Specification of Canadian law as governing law and jurisdiction
15. General Provisions: Standard boilerplate clauses including notices, amendment process, and severability
1. Sublicensing Rights: Include when licensee is permitted to sublicense the IP to third parties
2. Manufacturing Requirements: Include when the license involves manufacturing of products
3. Marketing and Promotion: Include when the license includes specific requirements for marketing licensed products
4. Technical Support: Include when licensor provides technical support or training
5. Export Control: Include for international licensing arrangements
6. Source Code Escrow: Include when licensing software with source code protection
7. Minimum Performance Requirements: Include when license requires minimum sales or usage levels
8. Field of Use Restrictions: Include when license is restricted to specific applications or industries
1. Schedule A - Licensed Intellectual Property: Detailed description of all IP covered by the license, including registration numbers
2. Schedule B - Royalty Rates: Detailed breakdown of royalty rates, including any volume-based adjustments
3. Schedule C - Reporting Template: Standard format for periodic royalty reports
4. Schedule D - Quality Control Standards: Specific quality requirements and testing procedures
5. Schedule E - Territory Definition: Detailed description of geographic territories covered by the license
6. Schedule F - Technical Specifications: Technical requirements and standards for licensed products
7. Appendix 1 - Approved Use Guidelines: Guidelines for proper use of licensed IP
8. Appendix 2 - Contact Information: Key contacts for both parties for various purposes under the agreement
Relevant legal definitions
Clauses
Relevant Industries
Technology and Software
Manufacturing
Pharmaceuticals and Biotechnology
Media and Entertainment
Consumer Products
Industrial Technology
Automotive
Healthcare
Research and Development
Telecommunications
Relevant Teams
Legal
Intellectual Property
Finance
Research and Development
Business Development
Operations
Compliance
Technology
Commercial
Product Development
Quality Assurance
Relevant Roles
Chief Legal Officer
Intellectual Property Counsel
Licensing Manager
Commercial Director
Chief Technology Officer
Chief Financial Officer
Contract Manager
Business Development Director
Research and Development Director
Corporate Counsel
IP Portfolio Manager
Technology Transfer Officer
Innovation Director
Compliance Officer
Finance Director
Find the exact document you need
Fully Paid Up Royalty License
A Canadian-law governed agreement granting perpetual IP rights for a one-time payment, compliant with federal and provincial regulations.
Download
Employee Computer Use Agreement
A Canadian-law governed agreement establishing terms for employee computer use, including acceptable use policies, security requirements, and privacy expectations.
Download
Road Use Agreement
A Canadian-law governed agreement establishing terms and conditions for commercial road use, including access rights, maintenance obligations, and compliance requirements.
Download
Office Use Agreement
A Canadian-law governed agreement establishing terms and conditions for office space use, including usage rights, obligations, and operational guidelines.
Download
Simple Land Use Agreement
A Canadian legal agreement establishing terms and conditions for temporary land use between property owners and users, incorporating relevant federal, provincial, and municipal requirements.
Download
Usage Contract
A Canadian-law governed agreement establishing terms and conditions for product or service usage, ensuring compliance with federal and provincial regulations.
Download
License Agreement To Use Property
A Canadian-law governed agreement establishing terms for temporary property use between licensor and licensee, incorporating federal and provincial requirements.
Download
Open Space Agreement
A Canadian legal agreement governing the establishment, maintenance, and public use of designated open spaces, ensuring compliance with federal and provincial environmental and land use regulations.
Download
Joint Use Agreement
A Canadian legal agreement establishing terms for shared facility use between multiple parties, addressing access, costs, maintenance, and liability under relevant federal and provincial laws.
Download
Content Use Agreement
A Canadian-law governed agreement establishing terms and conditions for content usage, licensing, and distribution, ensuring compliance with federal content and privacy regulations.
Download
Usage Rights Agreement
A Canadian-law governed agreement that establishes terms for using licensed content or intellectual property, defining permitted uses and restrictions.
Download
Simple Occupancy Agreement
A Canadian legal document establishing temporary property occupancy rights through a license arrangement rather than a formal lease.
Download
Permissive Use Agreement
A Canadian law-governed agreement that establishes terms and conditions for authorized use of specific assets, facilities, or resources between parties.
Download
Use Of Name And Likeness Agreement
A Canadian legal agreement governing the authorized use of an individual's name, image, and personal attributes, ensuring compliance with federal and provincial privacy laws.
Download
Restricted Use Agreement
A Canadian law-governed agreement that establishes controlled access and usage rights for protected materials or technology while maintaining the rights holder's interests.
Download
Non Exclusive Commercial License
A Canadian law-governed agreement granting non-exclusive commercial rights to use intellectual property while allowing the licensor to license the same IP to others.
Download
Commercial Use Agreement
A Canadian-law governed agreement establishing terms for commercial use of products, services, or intellectual property.
Download
Use And Occupancy Agreement
A Canadian legal document establishing temporary property occupancy rights and responsibilities under federal and provincial property laws.
Download
Use Of Likeness Agreement
A Canadian legal agreement governing the authorized use of an individual's likeness, compliant with federal and provincial privacy laws.
Download
Software Use License
A Canadian-law governed agreement establishing terms and conditions for software usage, including license scope, restrictions, and compliance requirements.
Download
Non Use Agreement
A Canadian-law governed agreement restricting the use of specified assets, information, or resources between parties, with enforceable terms under federal and provincial jurisdiction.
Download
Non Resale Agreement
A Canadian-law governed agreement restricting the resale or transfer of products/services, ensuring compliance with federal and provincial regulations while protecting distribution channels.
Download
Multi Use License
A Canadian-law governed agreement for licensing intellectual property or assets for multiple uses, establishing usage rights and compliance requirements.
Download
Non Commercial Use License
A Canadian-law governed agreement permitting use of intellectual property or creative works for non-commercial purposes only, while protecting the licensor's rights.
Download
Common Use Agreement
A standardized Canadian agreement template for business relationships, compliant with federal and provincial regulations including Quebec civil law considerations.
Download
Use License
A Canadian-law governed agreement establishing terms and conditions for the licensed use of intellectual property, software, or proprietary materials.
Download
Image Rights Contract
A Canadian-law governed agreement establishing rights and permissions for the use of photographic or artistic images, addressing copyright, usage rights, and commercial terms.
Download
Memorandum Of Agreement For The Use Of Property
A Canadian legal agreement establishing terms and conditions for property use between owners and users, governed by provincial and federal property laws.
Download
Limited Use Agreement
A Canadian-law governed agreement that establishes restricted terms for using proprietary assets, defining permitted uses and limitations.
Download
License To Use Agreement
A Canadian-law governed agreement that grants specific usage rights while protecting the licensor's intellectual property and establishing clear terms of use.
Download
Irrevocable Royalty License
A Canadian law-governed agreement establishing a permanent, non-revocable intellectual property license in exchange for ongoing royalty payments.
Download
Intellectual Property Use Agreement
A Canadian-law governed agreement establishing terms and conditions for intellectual property use, including rights, restrictions, and obligations of IP owners and users.
Download
Terms And Conditions Service Agreement
Canadian Terms and Conditions Service Agreement template compliant with federal and provincial laws, establishing service provider-client relationships and obligations.
Download
Equipment Use Agreement
A Canadian-law governed agreement establishing terms and conditions for equipment use between owner/provider and user/lessee, including rights, responsibilities, and operational requirements.
Download
Fair Use Agreement
A Canadian legal document establishing terms for fair dealing with copyrighted material under Canadian Copyright Act provisions.
Download
Equipment Sale Contract
A Canadian law-governed contract documenting equipment sale terms, including specifications, pricing, warranties, and delivery arrangements.
Download
Unlimited Usage Rights Photography Contract
A Canadian-law governed contract for professional photography services that grants unlimited usage rights to the client while maintaining photographer copyright.
Download
Employee Equipment Use Agreement
A Canadian-law governed agreement establishing terms and conditions for employee use of company-provided equipment, including responsibilities, acceptable use, and security requirements.
Download
Copyright Use Agreement
A Canadian-law governed agreement establishing terms for licensed use of copyrighted material, detailing usage rights, restrictions, and compensation.
Download
Vehicle Use Agreement Between Two Parties
A Canadian-law governed agreement establishing terms and conditions for vehicle use between two parties, covering rights, responsibilities, and obligations of both owner and user.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)