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- .FT L----!----!----!----!----!----!----!----!----!----!----!----!----R
- .TX1 *** LICENSE TO MAKE & SELL PATENTED ARTICLES & SUBLICENSE **
- PATENT LICENSE AGREEMENT
-
- This Agreement is entered in this date between {GRANTOR_NAME} of
- {GRANTOR_ADDR} , hereinafter designated as the Licensor, and
- {LICENSEE_NAME} of {LICENSEE_ADDR}, hereinafter designated as the
- Licensee.
-
- WHEREAS, The Grantor is the owner of United States Patent
- {PATENT_NO} dated {PATENT_DATE} and the Licensee desires to
- manufacture and sell {PRODUCT_DESCR} constructed in accordance
- with the disclosures and the applications of such patent, or
- patents;
-
- Now therefore, in consideration of the mutual promises and
- covenants herein contained, and for other good and valuable
- considerations, receipt of which is hereby acknowledged, the
- parties have agreed as follows:
-
- 1. Grant of Exclusive License. Subject to the terms of this
- agreement and the payment of royalty as hereinafter provided for,
- the Grantor hereby grants to the Licensee the exclusive license to
- manufacture and sell {PRODUCT_DESCR} in accordance with the
- inventions disclosed in said applications and any improvements
- thereon which may be invented by either of the parties.
-
- 2. Applications on Other Patent. The Grantor agrees to
- diligently prosecute said application on other Letters Patent not
- issued and to pay the final fees when said applications shall have
- been allowed in order that patents may issue thereon.
-
- 3. Reports. The Licensee shall render to the Grantor an
- accurate statement in writing before the fifteenth of each month
- of the number and description of products covered by this license
- which are manufactured and sold by Licensee.
-
- 4. Royalty. The Licensee shall pay to the Grantor as royalty a
- sum of {ROYALTY_AMT} for each {PRODUCT_UNIT} so manufactured and
- sold. The royalty herein provided for shall be paid in monthly
- installments and each installment shall be paid within thirty days
- after the rendition of the said statement in writing relating
- thereto. Upon failure to make said monthly payments within sixty
- days after is is rendered, this contract shall atuomatically
- terminate.
-
- 5. Inspection. The Grantor shall have the right at all
- reasonable times to inspect the books and shop records of the
- Licensee to verify the monthly statement furnished Grantor by the
- Licensee or may require an affidavit for accuracy of said
- statement at any time.
-
- .TX2 *** MARKETING AGREEMENT FOR THE LICENSING OF SOFTWARE ******
- SOFTWARE MARKETING AGREEMENT
-
- This agreement is made this date by and between {LICENSOR_NAME}
- of {LICENSOR_ADDR}, herinafter called LICENSOR, and {DISTR_NAME}
- of {DISTR_ADDR}, hereinafter called DISTRIBUTOR for the purpose
- of arranging for the marketing of a computer software program or
- programs produced by LICENSOR, as follows:
-
- 1. Definitions.
- A. The word "PRODUCTS" shall mean {PROD_NAM} consisting of
- {PROD_DETAIL}.
-
- B. The phrase "net licensing fees" for the purpose of this
- agreement shall mean DISTRIBUTOR's net invoice licensing fee
- reduced only by charges for transportation and sales taxes which
- are actually paid by DISTRIBUTOR and are separately itemized on
- the invoice to licensees, dealers or distributors of the PRODUCT.
-
- C. The phrase "net fees" shall mean the cumulative net
- licensing fees or leasing prices received by DISTRIBUTOR for the
- PRODUCT during each accounting period.
-
- D. Technical Information shall mean any and all information
- pertaining to the advertising, promotion, sale, training,
- instruction, use or programming of products whether in machine
- readable or interpreted, pictorial or graphic form including but
- not limited to basic materials, related optional materials and
- software.
-
- E. Basic Materials shall mean the programs, whether in
- machine readable or interpreted form, including printed listings
- or printout forms produced from the machine readable input, and
- shall further include required operating instructions and/or
- input information and format specifications necessary for
- operation of the program.
-
- F. Related Optional Materials shall mean all material
- furnished by LICENSOR pertaining to programs and basic materials,
- including narrative and instructional documentation, users
- guides, operational guides and program training guides as
- generally released by LICENSOR.
-
- G. Software shall mean those programs and routines
- furnished by LICENSOR to enable the users to operate a leased or
- purchased computer hardware system using the basic materials
- furnished by the LICENSOR.
-
- 2. Appointment.
- A. LICENSOR hereby grants to DISTRIBUTOR a non-exclusive
- right and license, subject to the terms and conditions of this
- Agreement, to copy, use, translate, reproduce, and publish all
- copyrighted technical information furnished by LICENSOR
- hereunder. The license granted is personal, non-exclusive and
- non-transferable. DISTRIBUTOR expressly agrees to include
- appropriate copyright and proprietary notices on copies of such
- technical information made by or for distribution.
-
- B. DISTRIBUTOR is hereby authorized to sub-license any
- user, licensee or lessee for the use of the above-described
- PRODUCTS on one or more computer systems and to copy such
- technical information as may be necessary for the use of such
- PRODUCTS by such licensee or lessee subject to the retention by
- LICENSOR of the copyright and ownership of such PRODUCTS.
-
- 3. Technical Information and Data.
- A. LICENSOR agrees to prepare such technical information as
- {LICENSOR_HE/SHE/IT} deems necessary relating to the PRODUCTS and
- as may be reasonably requested by DISTRIBUTOR. As such technical
- information becomes available LICENSOR agrees to lend such
- information to DISTRIBUTOR for copying, translating, reproducing
- and publishing according to the terms and conditions of this
- agreement. DISTRIBUTOR agrees to return the original of any such
- technical information to LICENSOR within 45 days of its receipt
- from LICENSOR.
-
- B. DISTRIBUTOR will immediately communicate and disclose to
- LICENSOR any improvement, modification, further invention, or new
- design DISTRIBUTOR may discover or develop with respect to the
- PRODUCTS or the use thereof and will fully disclose to LICENSOR
- the manner of performing or utilizing the same. Any and all such
- improvements, modifications, further inventions, or new designs
- referred to in this paragraph are hereby non-exclusively and
- irrevocably licensed to and may be used by LICENSOR and by
- {LICENSOR_HIS/HER/ITS} licensees without limitation.
-
- 4. Royalties.
- A. DISTRIBUTOR agrees to pay and will pay to LICENSOR
- royalties at the rate or rates specified below based upon the net
- licensing fees received by DISTRIBUTOR for the licensing and/or
- leasing of PRODUCTS by DISTRIBUTOR.
-
- {ROYALTIES1}
-
- {ROYALTIES2}
-
- B. Accrued royalties are payable to LICENSOR at the close
- of each calendar month from the date of this agreement and shall
- be computed and paid in U.S.A. dollars at the average rate of
- exchange published on the last business day in each calendar
- month.
-
- C. Within thirty (30) days after the close of each calendar
- month from the effective date of this agreement, DISTRIBUTOR
- shall deliver to LICENSOR a written statement in duplicate of the
- PRODUCTS licensed or leased by DISTRIBUTOR on which royalties are
- payable under this agreement for such calendar month and each
- such statement shall also contain such other information as
- LICENSOR may reasonably require. Simultaneously with the
- delivery of such statement covering each calendar month,
- DISTRIBUTOR shall pay in U.S.A. dollars to LICENSOR at
- {LICENSOR_HIS/HER/ITS} address, or at such address as LICENSOR
- may designate from time to time, all monies reported accrued and
- payable.
-
- D. DISTRIBUTOR shall keep at its principal place of
- business at all times, accurate and complete records of the
- licensing, leasing or other disposition of the PRODUCTS in
- sufficient detail to enable LICENSOR, or LICENSOR's agents and
- employees, to ascertain the royalties accrued and due hereunder.
- DISTRIBUTOR shall permit LICENSOR, or LICENSOR's authorized audit
- agent to have access to said records and to make such copies
- thereof as may be desired at reasonable intervals during business
- hours.
-
- E. If LICENSOR elects to sell basic materials or related
- optional materials at separate prices, DISTRIBUTOR agrees to make
- appropriate charges to its lessees or licensees of PRODUCTS who
- are licensed to copy and use such technical information.
-
- 6. Duration of Agreement - Default and Termination.
- A. This agreement shall continue in full force and effect
- for a period of {DURATION} from its effective date and shall
- become automatically renewed for an additional period of
- {DURATION}, provided, that either party may give written notice
- to the other party at least six (6) months prior to the end of
- any such period that it does not elect to have the agreement
- become automatically renewed and, provided further, that the
- agreement is not sooner terminated in a manner hereinafter
- provided.
-
- B. In the event of a material breach of this agreement not
- cured within forty-five (45) days after written notice thereof
- given by the party not in default to the other party then, in
- addition to all other rights and remedies either party may have
- at law or in equity, the party not in default may, at such
- party's option, terminate this agreement. Such termination shall
- become effective on the date set forth in such notice but in no
- event earlier than forty-five (45) days from the date of the
- mailing of such notice.
-
- C. The waiver of any default under this agreement shall not
- constitute waiver of the right to terminate this agreement for
- any subsequent or like default.
-
- D. This agreement shall terminate automatically if
- DISTRIBUTOR shall become bankrupt, compound with its creditors,
- have a receiver appointed or go into liquidation whether
- voluntary or compulsory, provided that, in the event of
- compulsory bankruptcy or the appointment of a receiver,
- DISTRIBUTOR shall have sixty (60) days in which to become
- discharged from bankruptcy or to discharge the receiver and
- thereby reinstate this agreement in full force and effect.
-
- E. Termination of this agreement for any cause whatsoever
- shall in no manner interfere with, affect or prevent the
- collection by LICENSOR of any and all sums of money due to it and
- then unpaid.
-
- F. Upon expiration or termination of this agreement for any
- reason, the right and authority herein conferred on DISTRIBUTOR
- to copy and sub-license for copying the PRODUCTS covered hereby
- and technical information and all copies thereof shall return to
- LICENSOR all such technical information in DISTRIBUTOR's
- possession within forty-five (45) days.
-
- G. Neither party shall be responsible for damages caused by
- delay or failure to perform under this agreement which results
- from any contingency beyond its control including, but not
- limited to, fire, flood, explosion, action of the elements, acts
- of God, accidents, epidemics, strikes, lockouts, riots or other
- civil commotion, war, or enemy action.
-
- 7. Notice.
- A. All notices, requests, demands and other communications
- under this agreement or in connection therewith shall be given to
- or made upon the respective parties at the addresses provided in
- the first paragraph, above, or such other address and to the
- attention of such officers or persons as either party may specify
- by notice in writing to the other party.
-
- B. All notices, requests, demands and other communications
- given or made in accordance with the provisions of this agreement
- shall be in writing, shall be given by first class mail, and
- shall be deemed to have been given when deposited in the United
- States postoffice , postage prepaid, addressed as specified in
- this section.
-
- 8. Assignment.
- This agreement shall be binding upon and inure to the
- benefit of the parties hereto. Any assignment of this agreement
- by DISTRIBUTOR may be made only with the prior written consent of
- LICENSOR.
-
- 9. Miscellaneous.
- Nothing contained herein or done in pursuance of this
- agreement shall constitute the parties as entering upon a joint
- venture or shall constitute either party hereto the agent for the
- other party for any purpose or in any sense whatsoever.
-
- 10. Governing Law.
- It is expressly agreed that this agreement shall be
- construed and interpreted in accordance with the laws of the
- State of Oklahoma, U.S.A., and shall further be governed by any
- multi-national treaties, conventions or agreements signed by the
- United States of America. In the event of the translation of
- this agreement into any other language for any reason, it is
- expressly agreed that the English version shall govern.
-
- Dated {DOC_DATE}.
-
- _____________________________
- {LICENSOR_NAME},
- LICENSOR
-
- _____________________________
- {DISTR_NAME},
- DISTRIBUTOR
-
- .END *** Above form based on Vol. 25, Form 15.53 of West's ***
-