Grant of Nonexclusive License to Manufacture, Use and Sell an Invention by Employee to Employer 2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering the date of the agreement in the designated field. This is crucial for establishing the timeline of the license.
3. Fill in the name of the Licensor and their complete address, ensuring accuracy as this identifies who is granting the license.
4. Next, input the name of the Licensee along with their state of incorporation and principal office address. This information confirms who will be receiving the rights.
5. In Section I, specify the amount being paid for the license. This should reflect any agreed-upon compensation between parties.
6. Clearly state the title of the invention and refer to Exhibit A for a detailed description. This ensures clarity on what is being licensed.
7. In Section II, confirm that no additional royalties will be paid beyond what has been stated. This protects both parties from future claims.
8. Finally, ensure both parties sign and print their names where indicated, completing your document securely.

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