The Royalty Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, along with customizable and printable examples for your convenience.
Royalty Agreement Template UK Editable – PrintableSample
Royalty Agreement Template UK 1. Parties Involved 2. Grant of License 3. Royalties and Payment Terms 4. Duration of Agreement 5. Territory 6. Reporting and Audits 7. Ownership of Intellectual Property 8. Warranties and Indemnities 9. Termination Clauses 10. Confidentiality and Data Protection 11. Governing Law and Jurisdiction 12. Signatures and Agreement 13. Declaration and Signatures
PDF
WORD
Examples
[Name of the Licensor]
[Licensor’s ID]
[Licensor’s Address]
[Licensor’s Phone]
[Licensor’s Email]
[Name of the Licensee]
[Licensee’s ID]
[Licensee’s Address]
[Licensee’s Phone]
[Licensee’s Email]
This agreement regulates the licensing rights granted by [Name of the Licensor] to [Name of the Licensee], ensuring both parties understand their rights and obligations concerning the licensed material starting on [Start Date].
The Licensor hereby grants the Licensee a non-exclusive license to use, reproduce, and distribute the licensed material: [Description of licensed material, e.g., trademarks, copyrights, etc.].
The Licensee agrees to pay the Licensor a royalty of [Percentage or Amount], calculated based on [Specify calculation method, e.g., gross sales, net profits]. Payments are to be made on a [Payment Schedule, e.g., quarterly or annually] basis.
This agreement shall commence on [Start Date] and continue for a period of [Number of Years] years, unless terminated earlier in accordance with Clause 5.
The Licensee shall provide quarterly reports detailing sales related to the licensed material and shall grant the Licensor the right to audit such records upon reasonable notice.
This agreement may be terminated by either party with [Notice Period, e.g., 30 days] written notice if there is a breach of any terms herein that is not cured within [Cure Period, e.g., 15 days].
All rights, title, and interest in the licensed material shall remain with the Licensor. The Licensee acknowledges that no transfer of ownership of the licensed material occurs.
This agreement shall be governed by and construed in accordance with the laws of [Jurisdiction, e.g., England and Wales].
[Signature of the Licensor]
[Name of the Licensor]
[Signature of the Licensee]
[Name of the Licensee]
[Name of the Licensor]
[Licensor’s ID]
[Licensor’s Address]
[Licensor’s Phone]
[Licensor’s Email]
[Name of the Licensee]
[Licensee’s ID]
[Licensee’s Address]
[Licensee’s Phone]
[Licensee’s Email]
This Royalty Agreement outlines the rights and obligations of both parties regarding the use of copyrighted works and the payment of royalties, commencing on [Start Date].
The Licensor grants the Licensee a limited, non-transferable, and revocable license to use the following works: [Detailed description of the works being licensed].
The Licensee agrees to pay the Licensor a royalty of [Specify Percentage] based on [Define the basis for royalty calculations, such as sales or usage]. Payments should be made [Define Payment Schedule, e.g., monthly, annually].
The duration of this license shall be [Specify Duration, e.g., five years] from the effective date unless terminated according to Clause 6.
The Licensee shall maintain accurate records of sales and allow the Licensor to audit such records to verify compliance with the terms of this agreement.
This agreement may be terminated by either party with [Notice Period] if there is a material breach of any provision that remains uncured after [Cure Period].
The Licensor retains all rights, title, and interest in their intellectual property and associated materials. The Licensee does not acquire any ownership rights under this agreement.
This agreement shall be governed by the laws of [Specify Jurisdiction], and any disputes shall be resolved in the courts of [Specify Venue].
[Signature of the Licensor]
[Name of the Licensor]
[Signature of the Licensee]
[Name of the Licensee]
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