Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Royalty Agreement For Intellectual Property
"I need a Royalty Agreement for Intellectual Property for licensing our proprietary software technology to an Indian subsidiary of a US company, with a 5% royalty rate on net sales and the agreement to commence from March 1, 2025."
1. Parties: Identifies and provides full details of the licensor and licensee, including registered addresses and company registration numbers
2. Background: Establishes the context of the agreement, ownership of the IP, and the parties' intentions
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Grant of Rights: Specifies the exact rights being granted, including scope, territory, and any restrictions
5. Royalty Payments: Details the royalty rates, calculation methods, payment frequency, and reporting requirements
6. Payment Terms: Specifies payment mechanics, currency, late payment consequences, and audit rights
7. Quality Control: Sets standards for IP usage and quality maintenance requirements
8. Protection of IP Rights: Outlines measures for protecting the IP and handling infringement
9. Representations and Warranties: States the parties' assertions about their rights and capabilities
10. Record Keeping and Audit: Details requirements for maintaining records and rights of audit
11. Confidentiality: Specifies obligations regarding confidential information
12. Term and Termination: Defines the agreement duration and circumstances for termination
13. Post-Termination Obligations: Outlines obligations and rights after agreement termination
14. General Provisions: Contains standard legal provisions including notices, assignment, and governing law
1. Minimum Guarantee: Used when there's a requirement for minimum royalty payments regardless of actual sales/usage
2. Sub-licensing Rights: Included when the licensee is permitted to sub-license the IP to third parties
3. Development Obligations: Required when the agreement includes obligations to develop or improve the IP
4. Marketing and Promotion: Included when specific marketing obligations or restrictions apply
5. Technology Transfer: Used when technical knowledge or support is part of the agreement
6. Export Control: Required for international agreements with export restrictions
7. Competition Compliance: Included when there are specific competition law considerations
8. Insurance Requirements: Used when specific insurance coverage is required for IP usage
1. Schedule 1 - Licensed Intellectual Property: Detailed description of all IP covered by the agreement, including registration numbers
2. Schedule 2 - Royalty Rates and Calculations: Detailed breakdown of royalty rates, including any variable rates or special conditions
3. Schedule 3 - Territory: Specific definition of geographical areas where rights are granted
4. Schedule 4 - Quality Control Standards: Detailed quality requirements and specifications for IP usage
5. Schedule 5 - Reporting Template: Standard format for royalty calculations and reporting
6. Appendix A - Approved Usage Guidelines: Guidelines and standards for how the IP may be used
7. Appendix B - Contact Details: Key contacts for both parties for various aspects of the agreement
Authors
Technology
Pharmaceuticals
Manufacturing
Entertainment
Media
Software Development
Biotechnology
Consumer Goods
Fashion and Luxury
Automotive
Research and Development
Education
Healthcare
Telecommunications
Legal
Intellectual Property
Research and Development
Business Development
Finance
Compliance
Commercial
Technology Transfer
Innovation
Licensing
Legal Counsel
IP Manager
Licensing Director
Business Development Manager
Chief Technology Officer
Research Director
Commercial Director
Finance Manager
Compliance Officer
Patent Attorney
Innovation Manager
Technology Transfer Officer
Contract Manager
Chief Financial Officer
General Counsel
Find the exact document you need
IP Rights Contract
An Indian law-governed agreement for the transfer or licensing of intellectual property rights, including terms for usage, protection, and commercialization of IP assets.
Non Exclusive Patent License Agreement
An Indian law-governed agreement allowing non-exclusive licensing of patent rights while protecting both licensor's and licensee's interests under the Patents Act, 1970.
IP Assignment Contract
An Indian law-governed agreement that transfers ownership of intellectual property rights from one party to another, ensuring legal compliance and protection for both parties.
Contract To Protect Intellectual Property
An Indian law-governed agreement establishing comprehensive protection mechanisms for intellectual property rights and confidential information.
Patent Non Disclosure Agreement
An India-governed agreement ensuring confidentiality of patent-related information and technical knowledge between parties, compliant with Indian patent and confidentiality laws.
Patent Licence
An Indian law-governed agreement allowing the use of patented technology under specified terms and conditions between a patent holder and licensee.
Non Exclusive Patent License
An Indian law-governed agreement granting non-exclusive rights to use patented technology while allowing the licensor to license the same patent to others.
Joint Patent Ownership Agreement
An Indian law-governed agreement establishing terms and conditions for joint ownership of patent rights between multiple parties.
Trade Secret Protection Agreement
An Indian law-governed agreement establishing obligations and protections for trade secrets and confidential business information.
Simple Intellectual Property Agreement
An Indian law-governed agreement for protecting and managing intellectual property rights between parties.
Joint Development Agreement Intellectual Property
An Indian law-governed agreement establishing terms for collaborative R&D activities and IP rights management between multiple parties.
Independent Contractor Agreement Intellectual Property
Indian-law compliant Independent Contractor Agreement focusing on intellectual property rights protection and assignment, suitable for technology and creative services engagements.
Trademark License Agreement Royalty Payment
An Indian law-governed agreement for trademark licensing with royalty payment terms, establishing rights, obligations, and financial arrangements between trademark owner and licensee.
Intellectual Property Contract Agreement
An Indian law-governed agreement establishing terms for intellectual property transfer, licensing, or protection between parties, compliant with Indian IP legislation.
Copyright Transfer And Disclosure Form
An Indian law-compliant document for transferring copyright ownership and disclosing relevant details about the copyrighted work.
Trade Secret Confidentiality Agreement
An Indian law-governed agreement protecting trade secrets and confidential information shared between parties, with specific security and confidentiality obligations.
Royalty Agreement For Intellectual Property
An Indian law-governed agreement establishing terms for IP licensing and royalty payments, compliant with Indian IP and contract laws.
International Copyright Agreement
An Indian law-governed agreement for international copyright licensing or transfer, ensuring cross-border protection and compliance with Indian copyright regulations.
Founder IP Assignment Agreement
An Indian law-governed agreement that transfers all intellectual property rights from company founder(s) to their startup entity, essential for company formation and fundraising.
Research Collaboration Agreement Intellectual Property
An Indian law-governed agreement template for managing intellectual property rights in research collaborations between multiple parties.
Patent Sharing Agreement
An Indian law-governed agreement establishing terms for sharing patent rights between parties, including usage rights, royalties, and mutual obligations.
IP Settlement Agreement
A legal agreement under Indian law that resolves intellectual property disputes between parties and establishes terms for future IP rights management.
Trade Secret Contract
An Indian law-governed agreement for protecting confidential business information and trade secrets, establishing obligations and remedies for parties sharing sensitive proprietary information.
Trademark Co Existence Agreement
An agreement under Indian law that allows companies with similar trademarks to define boundaries for peaceful market coexistence.
Non Disclosure Agreement Proprietary Information
Indian law-compliant Non-Disclosure Agreement for protecting proprietary information, incorporating comprehensive confidentiality provisions and enforcement mechanisms.
Intellectual Property Rights Software Development Contract
An Indian law-governed agreement for software development services with comprehensive IP rights provisions and protection mechanisms.
IP Development Agreement
An Indian law-governed agreement establishing terms for intellectual property development, including ownership, specifications, and delivery requirements.
Intellectual Property Employment Contract
An Indian law-governed employment agreement focusing on intellectual property rights, ownership, and protection in the employer-employee relationship.
Collaboration Agreement Intellectual Property
An Indian law-governed agreement establishing IP collaboration terms between parties, including ownership, usage rights, and protection of intellectual property.
Patent Purchase Agreement
An Indian law-governed agreement for the transfer of patent rights from a seller to a purchaser, compliant with the Indian Patents Act, 1970.
IP Ownership Agreement
A legal agreement governed by Indian law that transfers intellectual property rights between parties, establishing clear ownership and transfer terms.
IP Assignment Agreement
An Indian law-governed agreement for transferring intellectual property rights from one party to another, including patents, copyrights, trademarks, and related rights.
Non Disclosure Agreement Trade Secret
An India-specific Non-Disclosure Agreement focused on trade secret protection, incorporating comprehensive security measures and enforcement mechanisms under Indian law.
Intellectual Property Purchase Agreement
An Indian law-governed agreement for the complete transfer of intellectual property rights between parties, including terms of sale, warranties, and regulatory compliance requirements.
Intellectual Property Non Disclosure Agreement
An Indian law-governed agreement protecting confidential intellectual property and proprietary information shared between parties, ensuring legal compliance with Indian IP and confidentiality regulations.
IP License Agreement
An Indian law-governed agreement for licensing intellectual property rights between a Licensor and Licensee, detailing usage rights, obligations, and commercial terms.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.