Patents are crucial when you want to grant your invention or product rights to authority or ownership for a period of time. But unlike copyright, patents do not arise automatically. As the owner or the inventor, you still need to apply for a patent to be granted. Patent examiners will review your application, and once they approve it, you can sign an agreement for a patent to confirm your ownership between you and your licensee.
Sample Patent Agreement
Having a patent agreement has a lot of benefits, and one of them is protecting your rights to a product or design from patent infringement and the like. In addition, this is beneficial when you want to publicly disclose the information about your product, sell it, or make your product available for commercial use.
If you are one of the many people, who wish to patent your creation, feel free to check a few samples of the patent agreement below.
1. Sample Patent License Agreement
Businesses invest in research and development projects to improve their products and sales. In the process, they cannot afford to ignore the idea of protecting their investments through patents. If you need the inspiration to create your patent agreement, this sample patent license agreement will ensure your research and development are wrapped up, retained, and protected to establish a competitive edge in the market.
2. Sample of a Standard Patent License Agreement
Before you begin to think of patenting your creation, it is best to think of a good reason why you want to patent something because this can be a long and expensive process. When you’ve finally made your decision, you can start by creating a checklist for getting a patent and follow the procedure of the U.S. Patent and Trademark Office. Once approved, you may create a patent agreement between you and your licensee.
3. Sample of an Exclusive Patent License Agreement
Exclusive patent license are commonly made by universities, other technology transfer offices, and patent holders together with their patent financing companies. Creating such agreements allows them to move technologies into the market without burdening the startup company while providing the patent owner a part of the success. This sample exclusive patent agreement is beneficial for people like you who are planning to grant an exclusive license to another company to bring your technology to the market.
4. Sample License for Inventions and Patent Rights Agreement
Inventions are a product of researches. In some cases, sponsoring bodies and companies may decide to sponsor a specific invention. In such cases, the inventor can allow their sponsoring body to have the patent rights to their invention on behalf of the budget they provided for the development of the invention. If so, their sponsoring body can check this sample license for inventions and patent rights agreements to finalize their transactions.
5. Sample Patent Agreement
Launching a technology has three critical junctures during its cycle. It starts by seeking finances from investors, the launching of the product to the public, and lastly, the implementation of an exit strategy. Issuing and agreeing to a patent is essential during the process because it provides your company with strategic, legal, and economic advantages. Patents serve as protection of your place in the market and can deter potential competitors from entering your market.
6. Sample Non-Exclusive Commercial Patent License Agreement
For non-exclusive patent agreements, the licensing holder does not have the exclusive rights to the patent. This means, if you happen to be the licensor, your licensee and other parties can produce your invention, creation, or designs under the non-exclusive patent agreement. This sample non-exclusive commercial patent license agreement allows you, the licensor, to grant multiple licenses to commercial or academic users on your work.
7. Sample of a Confidential Patent Purchase Agreement
Owning a patent does not entirely give you the ability to generate a profit as the owner or the inventor. Selling your patent, license usage rights, or marketing your product may be a good way to profit from your ideas and designs. This sample document of a confidential patent purchase agreement fits perfectly for transferring patent ownership to your potential buyer while keeping specific areas confidential to the public.
8. Sample of a Royalty-Free Patent License Agreement and Release
Royalties are one of the essential aspects of creating a patent licensing agreement and copyright agreements because these are fees given for every use of a commercial item. But, if you prefer to provide access to your products and works to the public for free, this sample document of a royalty-free patent license agreement and release will perfectly fit your needs.
9. Sample of a Basic Patent Agreement
It has been a practice for universities to pursue researches, especially for graduate students. For the field of Science and Technology, students may be asked to create an invention to graduate. The creation of a patent agreement best-fit events like these. Wherein the students can place a patent on their creation. For the commercialization of an invention or research, the inventor is subjected to receive a percentage of royalties received by the university.
10. Sample Patent Agreement and Assignment
As patent owners, you have the right to enjoy legal and commercial benefits to your creation which is to exclude other people from reproducing, using or selling your work. But, as you get employed to a particular company, the company has the right to acquire and own whatever you create under their premises following the company policy. This sample patent agreement and assignment will fittingly serve its purpose in transferring your rights to a particular company you are employed for the time being.
11. Sample Patent and Know-How License Agreement
A patent and know-how license agreement can grant a company a license to commercialize your products by incorporating your patented and unpatented technologies. This also includes your know-how and trade secrets as the licensor. In this case, your patent and know-how license agreement should be tailored to suit every transaction during particular circumstances to be reasonable for both parties involved.
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