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.
Articles about Licensing Agreement (IP)
Licensing & Assigning IP: What’s Changing?
What is the difference between licensing and assigning intellectual property? The key difference is...
What is a Copyright Licensing Agreement?
Can copyright licensing agreements protect your intellectual property? Read here to find out when this agreement is used and how you can be protected.
When Should I Use a License Agreement?
What are License Agreements? How do they work? Find out how a license agreement can help protect your business here.
Licence vs Franchise Agreement: Key Differences
Unsure whether to become a Licensee or Franchisee? Find out the difference and which one is the best for your business.
What is a Creative Commons Licence? What does it allow?
Creative commons licences are an essential component of copyright law. But what does a creative common licence actually allow?
Using an End User Licence Agreement for SaaS
Using an End User Licence Agreement for your SaaS will help protect your business's intellectual property. Find out more here.
Using An IP Agreement To Protect Your Business (2025 Update)
An IP Agreement assigns intellectual property from one party to another. Find out how to use one for your business here.
What Is Trademark Licensing?
What is trademark licensing? How can it help you? Find out in this helpful guide.
Intellectual Property Agreement Essentials
Intellectual Property, commonly shortened to ‘IP’, is the property of your mind. Here's what you should consider when assigning or receiving it.
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