License Licensor Patent Within Canada

State:
Multi-State
Control #:
US-0564BG
Format:
Word; 
Rich Text
Instant download

Description

The Exclusive License Agreement for Patent is a legal document designed for use in Canada, focusing on the rights and obligations associated with granting a license for a patented invention. Key features include the explicit grant of exclusive rights to the Licensee, defined royalty payment structures based on sales volume, and provisions for royalty reporting timelines. The form outlines the Licensor's representations, the Licensee's rights to enforce patent infringements, and the actions required for termination of the agreement. The document is particularly useful for attorneys and other legal professionals as it provides a structured approach to drafting license agreements that comply with Canadian patent law. Partners and business owners can leverage this agreement to establish clear expectations and protect their intellectual property while commercializing inventions. Paralegals and legal assistants will find the document straightforward to fill out and edit, as it allows for specific customization according to the parties involved and their business needs. This agreement is also beneficial for ensuring compliance with applicable laws and provides a clear framework for maintaining ongoing communication between the Licensor and Licensee.
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  • Preview Exclusive License Agreement for Patent with Schedule of Royalties
  • Preview Exclusive License Agreement for Patent with Schedule of Royalties
  • Preview Exclusive License Agreement for Patent with Schedule of Royalties
  • Preview Exclusive License Agreement for Patent with Schedule of Royalties
  • Preview Exclusive License Agreement for Patent with Schedule of Royalties

How to fill out Exclusive License Agreement For Patent With Schedule Of Royalties?

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FAQ

How to file a patent Find out if you are eligible for a patent. To apply for a patent, a patent application needs to be filed with the patent office. ... Complete a patent search. ... Determine if you need to hire a patent agent. ... Gather your information. ... Create your patent application. ... Request examination. ... Receive your patent.

Filing a patent on your own in Canada involves several costs. While there is no international search fee, filing a patent in Canada requires an additional $200 to $400 for the Canadian Intellectual Property Office. This fee covers the costs involved in the application process as well as the maintenance of the patent.

A patent license is an agreement that lets someone else commercially make, use, and sell your invention for a specified period. The owner of the invention (patent) is the 'licensor,' and the person who is receiving the license is the 'licensee. ' Licensing deals involve payment for the license.

The following countries require a foreign filing receipt or foreign filing permit prior to filing a patent application in a foreign country: Canada (only for Canadian government employees) China (Article 20 of the Chinese Patent Law, Article 398 of the Chinese Criminal Law, and Rule 8 of the implementing regulations)

A foreign filing license also authorizes the export of technical data abroad for purposes related to the preparation, filing or possible filing, and prosecution of a foreign application. See 37 CFR 5.11(b).

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License Licensor Patent Within Canada