Licensing Agreement Template for Singapore

A Licensing Agreement lets one party (the licensor) give another party (the licensee) permission to use their intellectual property, like patents, trademarks, or copyrighted material. In Singapore, these contracts fall under the Intellectual Property Rights Act and typically spell out key terms like payment structure, usage limits, and how long the license lasts.

These agreements protect both sides under Singapore law - licensors maintain control over their IP while earning revenue, and licensees gain legal rights to use valuable assets in their business. Common examples include software licenses, franchise arrangements, and manufacturing rights, with specific terms tailored to each industry's needs and compliance requirements.

Use a Licensing Agreement when you need to let others legally use your intellectual property in Singapore - or when you want to use someone else's IP for your business. This comes up frequently in software development, brand franchising, and manufacturing partnerships where one party owns valuable IP rights that others need to access.

The agreement becomes essential before sharing proprietary technology, trademarked content, or patented innovations. For example, tech companies need it to distribute software, franchisors use it to expand their brand presence, and manufacturers require it to produce licensed products. Getting this in place early helps avoid intellectual property disputes and creates clear revenue streams for IP owners.

• Patent Licensing: Grants rights to use patented inventions, common in Singapore's manufacturing and tech sectors
• Trademark Licensing: Allows use of brand names, logos, and marks, essential for franchise operations
• Software Licensing: Controls distribution and usage of software products, from enterprise solutions to consumer apps
• Content Licensing: Covers creative works, media, and educational materials under Singapore copyright law
• Technology Transfer: Enables sharing of technical know-how and proprietary processes between organizations

• IP Owners/Licensors: Companies or individuals who own valuable intellectual property and want to monetize it while maintaining control
• Licensees: Businesses seeking legal rights to use others' IP, including franchisees, manufacturers, and software distributors
• Legal Counsel: Corporate lawyers and IP specialists who draft and review Licensing Agreements to ensure compliance with Singapore law
• Industry Regulators: Government bodies like IPOS that oversee IP transactions and enforce licensing regulations
• Business Development Teams: Professionals who negotiate terms and manage licensing relationships

• IP Details: Clearly identify the intellectual property being licensed, including registration numbers for patents or trademarks
• Usage Scope: Define exact permissions, territories, and limitations for using the licensed IP in Singapore
• Payment Terms: Determine royalty rates, payment schedules, and reporting requirements
• Duration: Specify the agreement's start date, end date, and any renewal options
• Quality Control: Outline standards and monitoring processes to maintain IP integrity
• Legal Review: Our platform streamlines drafting by generating comprehensive, legally-sound Licensing Agreements tailored to Singapore law

• Identification Section: Full legal names and details of licensor and licensee, with their registered Singapore addresses
• IP Description: Detailed specification of the licensed intellectual property, including registration numbers
• Grant Clause: Clear scope of rights being licensed, including territory and permitted uses
• Financial Terms: Payment schedules, royalty calculations, and reporting requirements
• Quality Control: Standards for IP use and monitoring mechanisms
• Term and Termination: Duration, renewal options, and grounds for early termination
• Governing Law: Explicit statement that Singapore law applies and local dispute resolution procedures

A Licensing Agreement differs significantly from an Assignment Agreement in how IP rights are transferred. While both deal with intellectual property, their core purposes and effects are quite different under Singapore law.

• Ownership Transfer: Assignment Agreements permanently transfer IP ownership to another party, while Licensing Agreements only grant permission to use IP while the original owner retains ownership
• Duration: Licenses are typically temporary and can be revoked, while assignments are permanent transfers
• Control Rights: Licensors maintain quality control and can restrict usage, whereas assignors give up these rights completely
• Financial Structure: Licensing usually involves ongoing royalties or periodic payments, while assignments typically require a one-time payment
• Risk Allocation: Licensors retain liability and enforcement rights, but assignors transfer these responsibilities to the new owner