¶¶Òõ¶ÌÊÓƵ

All Countries
IP
Royalty Bearing License Agreement

Royalty Bearing License Agreement Template for United States

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Royalty Bearing License Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Royalty Bearing License Agreement

"I need a Royalty Bearing License Agreement for licensing our patented manufacturing process to a German company, with quarterly royalty payments of 5% of net sales and the right to sublicense in European markets."

Celebrated by
Collaborations with
Investors
Document background
The Royalty Bearing License Agreement is essential when a rights holder wishes to monetize their intellectual property while maintaining ownership. This document type is commonly used across various industries in the United States, from technology to entertainment, where intellectual property licensing forms a crucial part of business strategy. The agreement establishes clear terms for the commercial exploitation of IP rights, including patents, trademarks, copyrights, or trade secrets, while ensuring the licensor receives ongoing compensation through royalty payments. It addresses key aspects such as territory restrictions, quality control, reporting requirements, and audit rights, all within the framework of U.S. federal and state laws.
Suggested Sections

1. Parties: Identification and details of the licensor and licensee

2. Background: Context of the agreement and ownership of the licensed IP

3. Definitions: Key terms used throughout the agreement including Licensed IP, Territory, Field of Use, Net Sales, etc.

4. Grant of License: Scope, territory, and nature of the license granted, including any restrictions or limitations

5. Royalty Payments: Payment terms, calculation methods, reporting requirements, audit rights, and payment schedules

6. Term and Termination: Duration of the agreement and conditions for termination or renewal

7. Representations and Warranties: Statements of fact and promises by both parties regarding IP ownership, authority to contract, and compliance

8. Intellectual Property Protection: Obligations regarding IP protection, enforcement, and cooperation in case of infringement

9. Confidentiality: Protection of confidential information exchanged during the agreement

10. Governing Law and Jurisdiction: Applicable law and courts for dispute resolution

Optional Sections

1. Minimum Royalty Requirements: Minimum payment obligations and consequences of failure to meet minimums

2. Sublicensing Rights: Terms and conditions under which the licensee may grant sublicenses to third parties

3. Quality Control: Standards for licensed products/services and quality monitoring procedures

4. Marketing and Promotion: Requirements for marketing the licensed products and use of trademarks

5. Improvements: Rights and obligations regarding improvements to the licensed technology

Suggested Schedules

1. Schedule A - Licensed IP: Detailed list and description of intellectual property covered by the agreement

2. Schedule B - Royalty Calculation Methods: Detailed formulas and examples for calculating royalties, including deductions and exclusions

3. Schedule C - Reporting Templates: Standard forms for royalty reporting and accounting procedures

4. Schedule D - Quality Standards: Specific quality requirements and specifications for licensed products/services

5. Schedule E - Territory Definition: Detailed description of the geographic territory covered by the license

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Clauses



































Industries

Intellectual Property Laws: Key federal statutes including Patent Act (35 U.S.C.), Copyright Act (17 U.S.C.), Trademark Act (Lanham Act, 15 U.S.C.), and Trade Secrets Act (18 U.S.C.)

Contract Law: State-specific contract laws, Uniform Commercial Code (UCC), and Statute of Frauds requirements governing contract formation and enforcement

Antitrust Laws: Federal regulations including Sherman Antitrust Act, Clayton Act, Federal Trade Commission Act, and relevant state antitrust laws

Tax Laws: Internal Revenue Code provisions regarding royalty payments, state tax regulations on royalty income, and applicable international tax treaties

Industry-Specific Regulations: Sector-specific regulations such as FDA (healthcare), FCC (telecommunications), and other federal/state regulatory requirements

International Considerations: Export control laws, Foreign Corrupt Practices Act, and international IP treaties when cross-border activities are involved

Competition Law: Federal and state competition regulations governing licensing restrictions and market behavior

Consumer Protection Laws: Federal and state consumer protection statutes and product liability laws affecting licensed products or services

Bankruptcy Law: Regulations regarding treatment of licenses in bankruptcy and protection of intellectual property rights during insolvency

Securities Laws: Disclosure requirements and regulations applicable to publicly traded companies involved in licensing agreements

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Royalty Licence Agreement

U.S.-governed agreement establishing terms for licensing intellectual property rights in exchange for royalty payments.

find out more

Royalty Investment Agreement

A U.S. legal agreement establishing terms for capital investment in exchange for recurring royalty payments based on company performance.

find out more

Royalty Bearing License Agreement

A U.S.-governed agreement granting intellectual property rights in exchange for royalty payments.

find out more

Royalty Agreement For Use Of Trademark

A U.S.-governed agreement establishing terms for trademark usage in exchange for royalty payments, compliant with federal and state trademark laws.

find out more

Royalty Buyout Agreement

A U.S. legal agreement that terminates existing royalty arrangements through a lump sum payment or structured settlement.

find out more

Royalty Agreement Contract

A U.S.-governed agreement establishing terms for intellectual property usage in exchange for royalty payments.

find out more

Revenue Royalty Agreement

A U.S.-governed agreement establishing terms for revenue-based royalty payments between parties, including calculation methods and payment schedules.

find out more

Software Royalty Agreement

A U.S.-governed agreement establishing terms for software licensing and royalty payments.

find out more

Royalty Split Agreement

A U.S.-governed agreement defining how royalty income is split between multiple parties, including payment terms and reporting requirements.

find out more

Royalty Purchase Agreement

A U.S.-governed agreement for the purchase and sale of royalty rights between parties, outlining transfer terms and ongoing obligations.

find out more

Royalty Share Agreement

A U.S.-governed agreement establishing terms for sharing revenues from intellectual property exploitation between multiple parties.

find out more

Royalty License Agreement

A U.S.-governed agreement establishing terms for intellectual property licensing in exchange for royalty payments.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.

Draft quality legal agreements or review documents in 3 minutes

BlogAbout UsCareers🌎 Global Site

Templates

Short-Form Directors Loan AgreementMandate Letter (Best Efforts)Drawdown Request (Borrower to Lender)Promissory Note (UK)Letter of Waiver (Loan)Finance Legal Templates

Industries

Legal Services

Limited Power of AttorneyBasic Binding Side LetterLetter of IntentNon Binding Comfort LetterDeed of Surrender (Lease)Templates for Lawyers

Manufacturing

Manufacturing Legal Templates

Construction

Letter of Claim (Pre-Action Protocol)Tenancy at WillSection 146 Notice (Remedy Breach of Lease)Notice Of Forfeiture Of Lease By LandlordLease Report (Long Form)Construction Legal Templates

Solutions

Use Cases

Company Types

Comparisons

Business Categories

Teams

Information

© 2024 ¶¶Òõ¶ÌÊÓƵ. All rights reserved