PATENT LICENSE AGREEMENT
PATENT LICENSE AGREEMENT
Contract Date: [Day/Month/Year]
Contract No: [Number, if any]
This Patent License Agreementbetween the parties whose details are provided below, of Law No. 6769 on Industrial Property and related legislation , for the purpose of licensing patent rights for a specified period and under specific conditions.
1. PARTIES
Patent Holder (Licensor):
- Name/Title: [Patent Holder's Name or Company Name]
- TR Identity Number / Tax Number: [XXXXXXXXXX]
- Address: [Patent Holder's Address]
- Phone: [XXXXXXXXX]
- Email: [XXXXXXXXX]
License Area:
- Name/Title: [License Holder's Name or Company Name]
- TR Identity Number / Tax Number: [XXXXXXXXXX]
- Address: [License Holder's Address]
- Phone: [XXXXXXXXX]
- Email: [XXXXXXXXX]
The parties will be referred to as "Licensor" and "Licensor" in this agreement .
2. SUBJECT OF THE AGREEMENT
This agreement of granting the Licensee the right to use the patent belonging to the Licensor for a specific period, territory, and terms of use, without the right to transfer it .
Patent Information:
- Patent Number: [XXXXXXX]
- Patent Application/Registration Date: [Day/Month/Year]
- Patent Holder: [Patent Holder Name]
- Patent Scope: [Product/Method/Technology Description]
- Protection Period: [Patent Period]
The Licensee shall have the right to use the technology, product, or method specified in the patent under a [limited/exclusive] license
3. LICENSE TYPE AND SCOPE
3.1 License Type
- Exclusive License: The licensee only benefit from the patent themselves ; the licensor or third parties cannot benefit from the patent.
- Limited License: The licensee may use the patent right to a specific region, industry, or use .
- Sublicense Rights: The Licensee [may/cannot grant licenses to third parties].
3.2 Geographic Scope of the License
- The license [throughout Turkey / in certain countries / worldwide] .
3.3 License Duration
- The license period [X years] .
- The parties may renew the contract by mutual agreement at the end of the contract period / no renewal will be made .
4. LICENSE FEE AND PAYMENT TERMS
- The license fee has been set at a total [X TL / USD / EUR] .
- Payment method: [Cash / Installment]
- If payment is made in advance, the payment must be completed by [Day/Month/Year]
- If paying in installments, the payment schedule is as follows:
- First installment: [X TL], payment date [Day/Month/Year]
- Final installment: [X TL], payment date [Day/Month/Year]
- The Licensee [a fixed fee / percentage based on turnover / payment per specific unit] .
4.1 Late Payment Interest and Penalties
- If the payment date is overdue, a late payment interest of X% will be applied.
- If payment obligations are not met, the Licensor the right to unilaterally terminate the contract and pursue legal action .
5. RIGHTS AND OBLIGATIONS OF THE PARTIES
5.1 Licensor's Obligations
- the Licensee the authority to exercise the patent rights in accordance with the agreement.
- To guarantee that there are no third-party rights over the patent and that the patent remains legally valid.
- To provide technical support related to the patent (if applicable).
5.2 Licensee's Obligations
- The licensed patent shall be used only for the purposes specified.
- At the end of the license period, cease exercising the patent rights and return all related documents.
- The patent must not be altered in any way or transferred to third parties.
6. VALIDITY AND INFRINGEMENTS OF THE PATENT
- The Licensor warrants that the patent will remain valid for the duration of the agreement
- The Licensee is obligated to immediately notify the Licensor of any infringement of patent rights .
- If an infringement occurs that harms a patent right, the parties may pursue joint legal proceedings.
7. TERMINATION OF THE AGREEMENT
- If either party breaches the contract, the other party has the right to terminate it with written notice.
- The Licensee may not terminate the contract before the license period expires / may terminate it under certain conditions.
- If the Licensee fails to fulfill its payment obligations, the Licensor has the right to terminate the contract immediately.
8. PRIVACY AND INTELLECTUAL PROPERTY RIGHTS
- The Licensee undertakes to keep all technical and commercial information relating to the patent confidential and not to share it with third parties.
- Even after the contract terminates, the Licensee's confidentiality obligations remain in effect.
- The Licensor declares that it holds the intellectual property rights to the patent and that these rights have not been transferred to the Licensee.
9. RESOLUTION OF DISPUTES
- The parties shall endeavor to resolve any disputes arising from this agreement primarily through negotiation .
- In disputes that cannot be resolved through negotiation between the parties, the [City] Courts and Enforcement Offices have jurisdiction.
10. FINAL PROVISIONS
- This agreement [X] copies and has been read and signed by the parties.
- Neither party may make changes to the terms of this agreement without written notice.
- The parties declare that they accept the terms of this agreement.
- The terms of this agreement the Industrial Property Law and other relevant legislation .
📌 LICENSOR (Patent Holder)
Name/Title: [Patent Holder Name]
Signature: __________
📌 LICENSE HOLDER
Name-Surname / Title: [License Holder Name]
Signature: __________