Patent With Schedule With Fees

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

Description

The Exclusive License Agreement for Patent with Schedule of Royalties is a crucial legal document designed for licensing patented inventions. It outlines the agreement between the Licensor, who owns the patent, and the Licensee, who seeks to manufacture, sell, or use the patented inventions. Key features include detailed provisions regarding the grant of exclusive rights, representations of ownership, and a structured schedule for royalty payments based on sales volume. The form also specifies how royalties are calculated, with options for the Licensee regarding reporting and adjusting payments throughout the fiscal year. Additionally, it includes clauses on infringement rights, obligations for the Licensor's cooperation, and conditions for termination of the agreement. This document is highly beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants involved in intellectual property, as it provides clear guidelines for protection and monetization of patents. Users can efficiently fill and edit the form to tailor it to specific business arrangements, ensuring compliance with applicable laws and managing potential disputes effectively.
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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

The current USPTO Fee Schedule indicates that the fees due at each maintenance interval are as follows: 3-3.5 years: $2,000 for large entities and $800/$400 for small/micro entities.

A Canadian industrial design registration is protected for ten years from the registration date or fifteen years from the filing date, whichever periods ends later, with a maintenance fee payable by the five-year mark in order to keep the registration alive for the remainder of the 10- or 15-year period.

US patent renewal/maintenance fees are only due three times during their lifetime. They are also only payable after the patent has been granted. The first fee is due three years and six months after grant, and its payment permits the patent to remain in force beyond the fourth anniversary of grant.

Where to submit payment? Pay online (preferred method) - Pay immediately in the Patent Maintenance Fees Storefront with a credit or debit card, USPTO deposit account, or EFT. ... Pay by wire - See the instructions for sending a wire payment to the USPTO.

The first fee is due three years and six months after grant, and its payment permits the patent to remain in force beyond the fourth anniversary of grant. The second fee is payable by seven years and six months after grant, and the third by eleven years and six months.

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Patent With Schedule With Fees