Royalty Agreements

RoyaltiesA royalty agreement is used when a transaction involving intellectual property occurs. It is a document concerning two parties, typically referred to as a licensor and licensee, granting the licensee the right to use intellectual property for a predetermined length of time. A royalty is a payment made for the sale or use of an intellectual product.

Such an agreement may be utilized for the use of a company’s name or trademark, such as if a vendor wanted to display a certain company’s logo on their website or marketing materials. A developer of an invention may sell their product to a corporation and receive a royalty for each sale of their product for a lifetime set by their mutual agreement.

The document covers the royalty amount to be paid to the company and what date the royalty should be paid by the licensee.

These documents also may include the term length of the agreement, the scope of use for the licensee, what constitutes as authorized use, as well as confidentiality clauses. Indemnification information, particularly on agreements for consumer products, is often included in a royalty agreement as well.

 

Here are some royalty agreements currently available on RealDealDocs.com:

 

1) Royalty Agreement   Year: 2010   Governing law: Florida

Osi Restaurant Partners, LLC

Carrabba Woodway, Inc.

Carrabba, Inc.

Carrabba’s Italian Grill, Inc.

Carrabba’s Woodway, Inc.

 

2) Amended Overriding Royalty Agreement   Year: 2011          Governing Law: Kentucky

Armstrong Resource Partners, L.P.

Armstrong Coal Company, Inc.

Armstrong Land Company, LLC

Armstrong Mining, Inc.

Ceralvo Holdings, LLC

Western Diamond, LLC

Western Land Company, LLC

 

3) Distributorship And Sales Agency And Royalty Agreement   Year: 2009   Governing Law: Nevada

MEGOLA INC

Silverfox, LLC

Vulcan Technologies, LLC

 

4) Exclusive License/Royalty Agreement  Year: 2012  Governing Law: California

IDS Solar Technologies, Inc.

IDS Solar Technologies, Inc.

SP Innovations, Inc.

 

5) Royalty Agreement     Year: 2006     Governing Law: New York

Clearwire Corp.

Fixed Wireless Holdings, LLC

Hispanic Information And Telecommunications Network, Inc.

 

 

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