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Manufacturing and Development Rights Agreement

Granting a Licensing right is an effective strategy when specific talents are needed to bring a new product into the market place.

In this Manufacturing and Development Rights Contract Agreement, the Licensor (the owner of certain intellectual property) grants the Licensee (the manufacturer) the right to manufacture, use and sell or otherwise distribute the Product to the market place.

Under the provisions of the agreement, the licensee agrees not to make derivative works of the product, or use the licenced IP to create products that would compete directly or indirectly with the product.

In consideration for the use of the licensors IP, the licensee agrees to pay a royalty expressed as a percentage of the wholesale price to the IP Owner, although other strategies such as taking a percentage of the licensees business may be viable.

Other areas covered in the agreement that will help you control, manage and protect your Intellectual property rights, include:

Provisions Included in Manufacturing and Development Rights Contract

  • Grant of License
  • Term and Termination,
  • Confidential Information
  • Derivative Work
  • Liability For Injury,
  • Limitation Of Liability
  • Representations and Warranties
  • Royalties and Audit Rights
  • Relationship Of The Parties
  • Successors and Assigns
  • Amendment and Modification
  • Indemnification
  • Survivorship
  • Notices

Sample Document Excerpt of Manufacturing and Development Rights Agreement

Actual Agreement does not contain watermark.

Manufacturing and Development Agreement Sample

Sample of Manufacturing and Development Agreement

To use this document, simply click to download, complete the Agreement in Word by inserting the necessary information where needed and amending it to suit your own needs, print and save – it’s as simple as that.

Benefits of Management template kit

By purchasing this Agreement, you will be able to use it again and again as needed. You will also receive any updates free of charge when this Agreement is reviewed from time to time to ensure it remains current and up to date with any changes in the law.

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