The Product Royalty Agreement serves as a critical commercial instrument in Malaysian business transactions where intellectual property commercialization is involved. This document is essential when a product owner wishes to monetize their intellectual property by allowing others to manufacture, sell, or distribute their products while maintaining control over quality and brand reputation. It establishes the commercial framework for royalty calculations, payment terms, and operational requirements while ensuring compliance with Malaysian laws, including the Contracts Act 1950, Income Tax Act 1967, and relevant intellectual property legislation. The agreement is particularly important in industries where product licensing is common, such as manufacturing, technology, and consumer goods, and provides necessary protections for both the licensor's intellectual property rights and the licensee's commercial interests.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement, including ownership of rights and business relationship
3. Definitions: Defined terms used throughout the agreement, including Product, Territory, Royalty Rate, etc.
4. Grant of Rights: Scope of rights granted, including any territorial or field-of-use limitations
5. Royalty Payments: Calculation method, payment terms, currency, and payment frequency
6. Records and Audit Rights: Requirements for maintaining sales records and licensor's audit rights
7. Quality Control: Standards for product quality and licensor's inspection rights
8. Intellectual Property Rights: Ownership and protection of IP rights related to the product
9. Term and Termination: Duration of agreement and grounds for termination
10. Confidentiality: Protection of confidential information exchanged
11. Representations and Warranties: Standard commercial warranties and representations
12. Indemnification: Mutual indemnification obligations
13. General Provisions: Standard boilerplate clauses including notices, assignment, governing law
1. Product Development: Include when the product requires further development or modifications
2. Minimum Performance Requirements: Include when there are minimum sales or revenue targets
3. Marketing and Promotion: Include when the licensee has specific marketing obligations
4. Currency and Exchange Rates: Include for international agreements with currency conversion provisions
5. Sub-licensing Rights: Include if sub-licensing is permitted
6. Export Controls: Include for products subject to export regulations
7. Technical Support: Include if the licensor provides technical support or training
8. Insurance Requirements: Include when specific insurance coverage is required
1. Schedule 1 - Products: Detailed description of licensed products and technical specifications
2. Schedule 2 - Royalty Rates: Detailed breakdown of royalty rates, including any volume-based tiers
3. Schedule 3 - Quality Standards: Detailed quality requirements and testing procedures
4. Schedule 4 - Reporting Format: Template for sales reports and royalty calculations
5. Schedule 5 - Territory: Detailed description of authorized sales territory
6. Schedule 6 - Trademark Usage Guidelines: Guidelines for use of licensor's trademarks
7. Appendix A - Initial Product Approval: Initial product samples or specifications approved by licensor
8. Appendix B - Authorized Manufacturing Facilities: List of approved manufacturing locations
Relevant legal definitions
Agreement
Approved Manufacturer
Business Day
Commencement Date
Confidential Information
Effective Date
Force Majeure Event
Gross Sales
Initial Term
Intellectual Property Rights
Licensed Products
Licensed Rights
Licensed Territory
Licensor Materials
Manufacturing Facility
Net Sales
Patent Rights
Product Specifications
Quality Standards
Quarter
Renewal Term
Reporting Period
Royalty Rate
Royalty Statement
Sales Report
Trademark
Trade Secrets
Technical Information
Term
Territory
Approved Manufacturer
Business Day
Commencement Date
Confidential Information
Effective Date
Force Majeure Event
Gross Sales
Initial Term
Intellectual Property Rights
Licensed Products
Licensed Rights
Licensed Territory
Licensor Materials
Manufacturing Facility
Net Sales
Patent Rights
Product Specifications
Quality Standards
Quarter
Renewal Term
Reporting Period
Royalty Rate
Royalty Statement
Sales Report
Trademark
Trade Secrets
Technical Information
Term
Territory
Clauses
Interpretation
Grant of Rights
Term
Royalty Payments
Payment Terms
Records and Audit
Quality Control
Intellectual Property Rights
Product Standards
Manufacturing Requirements
Reporting Obligations
Confidentiality
Warranties
Indemnification
Insurance
Force Majeure
Termination
Post-Termination Obligations
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Waiver
Amendments
Third Party Rights
Counterparts
Grant of Rights
Term
Royalty Payments
Payment Terms
Records and Audit
Quality Control
Intellectual Property Rights
Product Standards
Manufacturing Requirements
Reporting Obligations
Confidentiality
Warranties
Indemnification
Insurance
Force Majeure
Termination
Post-Termination Obligations
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Waiver
Amendments
Third Party Rights
Counterparts
Relevant Industries
Manufacturing
Technology
Consumer Goods
Pharmaceuticals
Electronics
Automotive
Fashion and Apparel
Food and Beverage
Software and Digital Products
Entertainment and Media
Relevant Teams
Legal
Finance
Commercial
Business Development
Product Development
Compliance
Quality Assurance
Intellectual Property
Operations
Sales
Relevant Roles
Legal Counsel
Commercial Director
Chief Financial Officer
Intellectual Property Manager
Licensing Manager
Business Development Manager
Product Manager
Finance Director
Compliance Officer
Contract Administrator
Commercial Operations Manager
Chief Executive Officer
Quality Assurance Manager
Find the exact document you need
SaaS Software License Agreement
A Malaysian law-governed agreement for software as a service (SaaS) delivery, defining terms of use, service levels, and compliance requirements.
Download
Land License Agreement
A Malaysian law-governed agreement granting temporary land use rights from a landowner to a licensee, structured under the National Land Code 1965.
Download
Perpetual License Maintenance
Malaysian law-governed agreement for perpetual software licensing and ongoing maintenance services, combining permanent usage rights with long-term support obligations.
Download
Perpetual Software License Agreement
A Malaysian law-governed agreement granting permanent software usage rights, defining terms, conditions, and obligations between software provider and user.
Download
White Label License Agreement
A Malaysian law-governed agreement enabling the licensed use and rebranding of products/services under a white label arrangement.
Download
Occupancy License Agreement
A Malaysian legal document granting temporary permission to occupy and use a specific property or space, governed by Malaysian contract and property laws.
Download
Master Toy License
A Malaysian law-governed agreement authorizing the manufacture and distribution of licensed toy products, establishing rights, obligations, and quality standards.
Download
License Rental Agreement
A Malaysian law-governed agreement combining property rental terms with operational licensing provisions for commercial property use.
Download
Copyright Agreement
A Malaysian law-governed agreement establishing terms for copyright transfer or licensing of creative works, aligned with the Copyright Act 1987.
Download
Lease & License Agreement
Malaysian law-governed agreement establishing property lease and license terms, including rental conditions, usage rights, and parties' obligations.
Download
Real Property License Agreement
A Malaysian law-governed agreement granting temporary rights to use real property under specific terms and conditions.
Download
Content Usage Agreement
A Malaysian law-governed agreement that defines terms and conditions for content usage, distribution, and licensing, ensuring compliance with local intellectual property and digital commerce regulations.
Download
Software License Server Open Source
Malaysian-law governed agreement for open source server software licensing and deployment, covering technical, legal, and operational aspects under Malaysian digital commerce regulations.
Download
Patent Agreement
A Malaysian law-governed agreement establishing terms for patent rights transfer, licensing, or assignment, compliant with the Patents Act 1983.
Download
Copyright Agreement For Artwork
A Malaysian law-governed agreement that establishes copyright transfer or licensing terms for artwork, protecting both creator and licensee interests under the Copyright Act 1987.
Download
Software Testing Agreement
Malaysian-law governed agreement for software testing services, defining testing scope, methodologies, and deliverables between service provider and client.
Download
Parking License Agreement
A Malaysian law-governed agreement establishing terms for parking space usage, including rights, obligations, and operational requirements.
Download
Trademark Agreement
A Malaysian law-governed agreement establishing terms for trademark usage, licensing, or transfer, compliant with the Trademarks Act 2019 and related regulations.
Download
Trade Secret License
A Malaysian law-governed agreement enabling the licensed use of trade secrets while maintaining their confidential status and protecting the owner's rights.
Download
Sole License
A Malaysian law-governed agreement granting sole rights to use intellectual property while preventing the licensor from licensing to other parties.
Download
Software Installation Agreement
A Malaysian law-governed agreement detailing terms and conditions for software installation services, including technical specifications, implementation procedures, and legal compliance requirements.
Download
Short Term License Agreement
A Malaysian-law governed agreement for temporary licensing of intellectual property or assets, establishing rights and obligations between licensor and licensee.
Download
Sampling License
A Malaysian law-governed agreement permitting the use of portions of existing musical works in new compositions, establishing usage rights, compensation, and attribution requirements.
Download
Royalty Bearing License
A Malaysian law-governed agreement for licensing intellectual property rights in exchange for royalty payments, establishing terms for commercial exploitation and compliance with local regulations.
Download
Room License Agreement
A Malaysian legal document granting permission to occupy a room under license terms, governed by Malaysian contract and property law.
Download
Research License
A Malaysian law-governed agreement granting rights to use specific research materials or technologies for research purposes, with defined terms for usage and compliance.
Download
Portfolio License Agreement
A Malaysian law-governed agreement for licensing multiple intellectual property assets in a single comprehensive framework.
Download
Perpetual Irrevocable License
A Malaysian law-governed perpetual irrevocable license agreement granting permanent rights to use specified intellectual property or technology.
Download
Patent Cross License
A Malaysian law-governed agreement enabling mutual licensing of patent portfolios between organizations, with comprehensive terms for patent rights exchange and usage.
Download
Open License Agreement
A Malaysian law-governed agreement establishing terms for open licensing of intellectual property, ensuring compliant sharing and protection of creative works.
Download
Non Perpetual License
Malaysian law-compliant Non-Perpetual License agreement template for temporary licensing arrangements.
Download
Non Exclusive License Agreement
A Malaysian law-governed agreement granting non-exclusive rights to use intellectual property while preserving the licensor's ability to license to others.
Download
Master Use License
A Malaysian law-governed master agreement establishing comprehensive terms for licensing intellectual property and content usage rights.
Download
License To Sublet
A Malaysian legal document granting permission for a tenant to sublet property to another party, subject to Malaysian property and contract law.
Download
License Agreement For Rental Property
A Malaysian law-governed agreement granting permission to use and occupy property under license terms, typically for flexible or shorter-term arrangements.
Download
Licence Rental Agreement
A Malaysian law-governed agreement combining property or equipment rental terms with licensing rights, suitable for various commercial and individual arrangements.
Download
Library License
A Malaysian law-governed agreement establishing terms for library resource access and usage, including digital and physical content licensing.
Download
Master License Agreement
A Malaysian law-governed framework agreement establishing core terms for licensing intellectual property, technology, or proprietary materials between parties.
Download
Master License
A comprehensive licensing framework agreement governed by Malaysian law, establishing terms for intellectual property or technology licensing arrangements.
Download
Manufacturing License Agreement
A Malaysian law-governed agreement granting manufacturing rights and establishing quality control and compliance requirements for licensed manufacturing operations.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)