A Royalty Agreement is a legal contract between a licensor and a licensee that defines the terms under which royalties are paid for the use of intellectual property such as patents, trademarks, copyrights, or other proprietary assets. This template helps you create a detailed agreement covering royalty rates, payment schedules, rights granted, obligations, confidentiality, and dispute resolution. It ensures clarity and protects both parties by specifying conditions for use, reporting requirements, audit rights, and termination clauses. Use this template to establish fair compensation and maintain a professional relationship between parties involved in licensing arrangements.
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