7How will the Licensor be referred to in this Agreement?
LAG01012
Licensee abbreviation:#|
LAGREE01
7How will the Licensee be referred to in this Agreement?
{NEXT_?}
Property to be licensed:#|
LAGREE02
What property is being licensed?
LAG02006
Property abbreviation:#|
LAGREE02
@How will the licensed property be referred to in this Agreement?
LAG02009
ExclusiveNon-exclusive
LAGREE02
CWill the Licensee be granted an exclusive or non-exclusive license?
LAG02011
UseSell[Other purpose]
LAGREE02
8What is the Licensee authorized to do with the property?
LAG02014
LAG02016
Other purpose:#|
LAGREE02
8What is the Licensee authorized to do with the property?
LAG02016
Yes, the Licensor will retain title and ownership.
LAGREE02
=Will the Licensor retain title and ownership of the property?
LAG02019
Yes, the license will be restricted to a specific territory.
LAGREE02
FWill this grant of license apply only to a specific geographical area?
LAG02020
{NEXT_?}
Effective area of license:#|
LAGREE02
$Where will the license be effective?
{NEXT_?}
Royalty to be calculated as#follows: |
LAGREE03
'How will the royalty fee be calculated?
LAG03009
Yes, include an explanation.
LAGREE03
QDo you wish to include an explanation of how and when the royalty should be paid?
LAG03010
LAG03018
When this Agreement is signed.In periodic installments.[Other payment terms]
LAGREE03
.When will the royalty be paid to the Licensor?
LAG03012
LAG03015
LAG03018
Frequency: |Due on the | day of the month
LAGREE03
>How often will royalty payments be made and when are they due?
LAG03018
The royalty shall be paid:#|
LAGREE03
#What are the royalty payment terms?
Complete the sentence with an explanation of how the royalty shall be paid to the Licensor.
LAG03018
Yes, a written royalty report will be required.
LAGREE03
wWill the Licensee be required to provide the Licensor with a written report explaining the royalty payment calculation?
{NEXT_?}
Yes, include information on royalty payments.
LAGREE03
8Will the Licensee make royalty payments to the Licensor?
LAG03005
{NEXT_?}
Yes. The Licensee shall keep accurate records regarding the quantities of the property that are sold. The Licensor shall have the right to inspect such records from time to time after providing reasonable notice of such intent to the Licensee.
LAGREE04
wDo you wish to include a provision which requires the Licensee to maintain records regarding the property that is sold?
{NEXT_?}
Yes, the Licensor's written consent will be required.
LAGREE05
kWill the Licensor's prior written consent be required before the Licensee modifies or changes the property?
Enter an X to require the Licensor's prior written consent before the Licensee may make any modifications to the licensed property.
{NEXT_?}
Yes, include the provision.
LAGREE05
TDo you wish to include a provision regarding modifications to the licensed property?
LAG05003
{NEXT_?}
Yes, non-payment of royalty will be grounds for cancellation.
LAGREE06
zWill the Licensee's failure to make a royalty payment when it is due be grounds for the Licensor to cancel this Agreement?
LAG06008
days written notice
LAGREE06
If the Licensee fails to meet the obligations of this Agreement, how many days written notice must the Licensor give the Licensee before cancelling this Agreement?
LAG06004
Yes, this Agreement will continue if the default is corrected.
LAGREE06
aWill the Licensee be able to prevent the termination of this Agreement by correcting the default?
{NEXT_?}
Yes, include information.
LAGREE06
_Do you wish to include information regarding the Licensor's ability to terminate the Agreement?
LAG06006
{NEXT_?}
Yes. Any controversy or claim relating to this License will be settled by binding arbitration under the rules of the American Arbitration Association.
LAGREE07
PWill arbitration be used to settle any disputes regarding the License Agreement?
Enter an X if the parties will be required to use binding arbitration to settle any claim relating to this Agreement. Either party may invoke this option after providing 30 days written notice to the other party. All costs of arbitration shall be divided equally between the parties. Press [Ctrl+F1] for more information.
{NEXT_?}
Yes, include exemption from liability statement.
LAGREE08
iDo you wish to state that the Licensor will not be liable for damages related to the use of the property?
{NEXT_?}
Yes, include the provision.
LAGREE08
,Do you wish to include a warranty provision?
LAG08004
{NEXT_?}
Yes, written consent will be required.
LAGREE09
If either party wants to assign its interests in this Agreement to a third party, will the prior written consent of the other party to this Agreement be required?
{NEXT_?}
Yes, the Agreement may be terminated by giving written notice.
LAGREE10
EWill written notice to the other party terminate the Lease Agreement?
LAG10004
LAG10010
Either partyLicensorLicensee
LAGREE10
PWho may terminate this Agreement by providing written notice to the other party?
LAG10009
days written notice
LAGREE10
_How many days written notice must be given to the other party before cancelling this Agreement?
LAG10010
Yes, the Agreement will terminateon |
LAGREE10
+Will the Agreement terminate automatically?
{NEXT_?}
State: |
LAGREE11
5What state's laws will govern this License Agreement?
{NEXT_?}
Yes, include additional provisions.|
LAGREE12
KDo you wish to include any additional provisions in this License Agreement?
{NEXT_?}
LAG12255
Name: |[Include title]Title: |
LAGREE13
9Who will be signing this Lease on behalf of the Licensor?
LAG13010
Name: |[Include title]Title: |
LAGREE13
9Who will be signing this Lease on behalf of the Licensee?
(.txt)