License Agreement

A License Agreement is a legal contract that grants permission from the owner of a copyrighted work (the “licensor”) to another party (the “licensee”) to use the work in a specified manner. Unlike an assignment, a license does not transfer ownership of the copyright but instead allows the licensee to use the work according to the terms and conditions of the agreement. The license can be exclusive or non-exclusive, limited or perpetual, and may include restrictions on the scope, territory, duration, and purpose of the use. The agreement may also include provisions for payment, royalties, attribution, quality control, termination, and dispute resolution. A well-drafted License Agreement can help to generate revenue, expand the reach, and protect the integrity of a copyrighted work while maintaining the owner’s control and ownership of the rights.