Licensing Agreement (IP)
A Licensing Agreement (IP) is a legal document that enables a company to grant the use of its intellectual property to another business.
Last updated October 23, 2025
Suitable for Australia
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Frequently asked questions
Use this Licensing Agreement If:
- You want to grant someone the use of your intellectual property, but do not want to transfer ownership of the intellectual property.
- You want to ensure that the person using your intellectual property uses it in a manner that was intended or agreed upon by you, and that they are aware of the consequences of non-compliance.
What does this Licensing Agreement cover?
- Duration, jurisdiction and nature of the licence.
- Nature of the intellectual property as well as its supply and use.
- Warranties and indemnities
- Licensee’s obligations: Licence Fees, Royalties, Stamp Duty, and GST.
- Expiration, termination and revocation of the licence.
Further Information:
View Sample Licensing Agreement (IP)
The Legal Risk Score of a Licensing Agreement (IP) Template is Medium
Our legal team have marked this document as medium risk considering:
- There is a risk related to the maintenance and inspection of records, as the licensee must maintain detailed financial records and allow inspections, which could impose significant administrative burdens..
- The document requires the licensee to immediately report any suspected or actual unauthorized use of trademarks, placing a proactive monitoring burden on them that could be resource-intensive.
- The document has comprehensive termination provisions.
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