What is a Licensing Agreement?
A Licensing Agreement is a contract in which the owner of intellectual property, a product or a brand (the licensor) grants another party (the licensee) the right to use it, usually in exchange for a fee or royalty. It lets you earn from your IP without giving up ownership of it.
When you need one
Use a licensing agreement whenever you allow someone else to use your software, trademark, product, content or know-how — whether for a one-off project or an ongoing commercial arrangement.
Key terms
- What is licensed and the permitted uses.
- Exclusive or non-exclusive, and the territory.
- Fees / royalties and payment terms.
- Term, renewal and termination.
- Quality control and ownership of the underlying IP.
Create your Licensing Agreement
Answer a few questions and download your agreement. Related: Copyright License Agreement, Brand Influencer Agreement.
FAQ
Does licensing transfer ownership?
No — a licence only grants permission to use; you keep ownership of the underlying rights.