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A generic, reusable Licence/Royalty Agreement designed to foster and develop best practice in licensing/royalty relationships. Protecting the interests of both parties, without compromising either party and maximising commercial opportunities, the ACID Licence/Royalty agreement includes a standard set of basic conditions to which additional specific clauses relevant to a particular set of circumstances can be added and included if required.
The Agreement is intended to be a reasonable and professional foundation on which two parties can work together in a licensing/royalty relationship.
* Easy to understand, avoids legal jargon
* Legally enforceable.
* Supports IPR protection and exploitation
* Contains clauses to cover negative situations.
* Demonstrates a fair balance between designers and manufacturer
NOTE: A glossary of legal terms is available on the ACID website or by emailing help@acid.uk.com.
It is strongly recommended that before using any of the above reusable agreements you call the ACID legal hotline for advice.
Need help? View the ACID video explanation*
*this information is for guidance only and does not provide a complete statement of the present law and you should always seek specialist legal advice in respect of your own particular circumstances
Ref. Code: 000195
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Legal Notice: By using this website you agree to be bound by our Conditions of Use. ACID (Anti Copying in Design) is not responsible for content on external websites linked to from this site. ACID (Anti Copying In Design) Ltd. Company Registered in England & Wales Company Registration No. 3402512 │ VAT No. 707 5923 23. Registered Head Office: 68 Lombard Street, London EC3V 9LJ | The information provided on this website does not provide a complete statement of the present law and you should always take specialist advice in respect of your particular circumstances.