Licence Fee Agreement

A licence is an agreement between two parties for the use of a person`s property without paying money, while royalties pay an agreed fee each time they use the owners` property. The license is essentially the right to use something that belongs to another person, the licensee grants the licensee the authorization under the licensing agreement, while the royalties are the payments for that use. Each licensing agreement is unique and these agreements vary by type (copyright, trademark, patent, etc.). In general, you will find these sections in most license agreements: the duration can be based on a fixed duration (for example. B from January 1, 2011 to December 31, 2015 or for one year from the signing of the license), or may be based on the payment of each annual subscription. Educational institutions may prefer that the licence cover the school year as opposed to the calendar year or another date. It is important to specify the duration of the agreement. An organization may prefer a period that corresponds to its exercise. The agreement may indicate a specific date on which it ends or a fixed term for which it is maintained.

It is also possible that the contract will be automatically renewed under the same conditions and conditions by adding an extension clause to the agreement (see extension below). This would require both parties to the agreement to be satisfied and want it to be automatically renewed. The length or duration of the contract refers to the period during which the license is maintained or during which the content owner gives access to its content. The licence may not be terminated until the expiry of the validity period, in the event of a substantial breach of the agreement or if a provision of the contract authorizes early termination after the arrival of a particular event. This clause specifies what the licensee must do under the agreement. The licensee`s primary obligation is to provide the content. Some licenses merely declare this obligation. Some licenses contain these obligations in other clauses of the licence. Other points to include in your license are: Museum as a licensee: Make sure all restrictions are fair and reasonable and do not interfere with your intended use of authorized content. Make sure the license indicates that all applicable laws are mentioned in the license. Licensing agreements generally determine the purpose of the use of content for licensing and sublicensing. This is sometimes referred to as “authorized use,” “Terms of Use” or “Purpose.” Use may include: The concession clause or license defines the rights granted to the purchaser by the owner of the digital content.

It shows how the taker can use the content conceded and the prohibited uses of the content. This clause is sometimes called “Authorization,” “Authorized Uses,” “Licensing” or “Authorized Uses.” Get a lawyer who has expertise in licensing agreements. These agreements are complex and situation-specific. Many lawyers know how to build a general contract, but they cannot know the details of licensing agreements. An intellectual property lawyer could be a good place to start.

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