Patent Licensing Agreement

By | November 17, 2011

THIS AGREEMENT is made this                  day of                         , 20      , by and between                                                                                  (“Licensor”) and                                                                                                         (“Licensee”, and collectively, the “Parties”).

WHEREAS, Licensor has invented   (Brief description of invention)            (the “Invention”), and has been granted United States Letters Patent for said invention, Patent No.                                       (the “Patent”), granted on the patent application filed with the United States Patent and Trademark Office, Patent Application Number                                                  (the “Patent Application”).

AND WHEREAS, Licensor wishes to permit Licensee to use the Patent in the preparation of       (Brief description of Licensee’s intended use of Patent)   (the “Work”), under the terms set forth in this Agreement;

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