A License Agreement with Exclusive and Non-Transferable Rights is a legal document granting the licensee exclusive use of a product, service, or intellectual property while prohibiting the transfer of these rights to another party. This agreement ensures that the licensor retains ownership while providing the licensee with exclusive access under clearly defined terms.

This type of agreement is commonly used for intellectual property, equipment, or other resources that require restricted and exclusive use.

Why Use Our Free License Agreement Template?

Professionally Drafted

Our template is designed by legal professionals to ensure compliance with licensing laws and protect both the licensor and licensee.

Free and Accessible

Download a high-quality, lawyer-reviewed agreement template at no cost.

Customizable

Easily adapt the document to fit specific licensing terms, duration, and restrictions.

Simple and User-Friendly

Clear instructions and a straightforward structure make it easy to complete without legal expertise.

Key Features of Our Exclusive and Non-Transferable License Agreement Template

• Exclusive Use Clause
  Grants the licensee sole access to the licensed property for the agreed duration.
• Non-Transferability Provision
  Prohibits the licensee from transferring or sub-licensing rights to any third party.
• Detailed Usage Terms
  Clearly defines permitted uses, prohibited activities, and maintenance responsibilities (if applicable).
• Payment and Royalty Structure
  Includes sections for licensing fees, royalty payments, and due dates.
• Termination and Dispute Resolution
  Protects both parties with clauses for termination conditions and resolution mechanisms.

Who Should Use This Template?

• Licensors: Protect your intellectual property or assets by restricting usage to an exclusive, non-transferable agreement.
• Licensees: Gain peace of mind with documented exclusive rights to use the licensed property.
• Businesses: Formalize licensing arrangements for exclusive use of assets, intellectual property, or specialized resources.

How to Use the Template

1. Download the Template
   Click the link below for instant access to your License Agreement Template.
2. Customize the Document
   Input details about the licensed property, duration, fees, and restrictions.
3. Sign and Finalize
   Ensure both the licensor and licensee review, agree to, and sign the document to make it legally binding.
4. Distribute Copies
   Provide signed copies to all parties for their records.

FAQs

Q: Is this template legally enforceable?
Yes, once signed by both parties, the agreement becomes a legally binding document.

Q: Can this agreement include payment terms like royalties?
Absolutely. The template includes sections for licensing fees, royalties, and payment schedules.

Q: Can the licensee transfer rights to another party?
No, the agreement specifically prohibits the transfer or sub-licensing of rights by the licensee.

Q: Is this suitable for software or intellectual property?
Yes, this template is ideal for licensing intellectual property, including software, trademarks, and patents.