Documents Expert

Prepare a Product License Agreement with this easy-to-use template for Canada, under which the owner / inventor of certain products grants an exclusive license to a distributor to assemble, sell and distribute the products across the country. Provisions of the license include: The license extends to all subsequent modifications and improvements of the products. The licensee will pay a fixed license fee and a continuing royalty calculated as a percentage of the gross sales price. The licensee has the right to grant sub-licenses. Products of the licensee and sub-licensees must meet quality standards set by the licensor. This Canadian product license agreement is provided in MS Word format.