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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: __________

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