License Agreement

Business today is driven by ideas. If you need to use someone else's intellectual property, you can use a License Agreement to help specify the details. Or maybe you own in-demand property and are willing to license it to someone else; perhaps you'll be getting a royalty payment in exchange, or maybe not. Either way, a licensing agreement is an important step in establishing a solid relationship.

Use the License Agreement document if:

• You want to use intellectual property that isn't yours.
• You'd like to let someone use your intellectual property.