Overview
A Licence of Industrial Designs allows the owner of a registered design to license another party to use it commercially. This ensures the design owner retains control while generating income from its use.
Key Features
- Parties: Design owner (Licensor) and Licensee
- Design Details: Description and registration number
- Scope of Licence: Exclusive, non-exclusive, or limited use
- Territory: Geographic areas covered by the licence
- Duration: Licence term and renewal options
- Payments: Royalties, lump sum, or percentage fees
- Quality Control: Standards for products using the design
- Termination: Conditions for ending the licence early
When to Use
- Allowing a company to manufacture products using your registered design
- Licensing designs for consumer goods, fashion, or industrial use
- Expanding into new markets through licensing
- Protecting your design while monetising IP assets
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From £99
