A product licensing proposal is a document through which a company or an individual can seek to invite another company or individual to partake of the former’s product name, logo, idea or intellectual property. The client company, or the company invited to share the name, logo, or product of the licensing company, shall receive the license, or right, to use the latter’s name, and hence, the document must be read very carefully before being adhered to.
You can Download the Free Product Licensing Proposal, customize it according to your needs and Print. Product Licensing Proposal is either in MS Word, Excel or in PDF.
Sample Product Licensing Proposal:
Name of company lending the product license: Sam’s Toy Shoppe
Date of submission of product license proposal: 12th of June 2011
Name of Client Company [or the company receiving the license]: Fun Corps Inc.
Product for which the license is being granted: Battery-operated toys
Main tenets of the product licensing proposal:
- Under section 67[A] of the company’s legal code, the product license shall be handed to the client company for a period of two years, after which, on review of performance, the license may be renewed or revoked.
- The client company shall be permitted to use intellectual and material property of our company, like the logo, name, copyright etc.
- The product license is being handed to the client company so that the latter can participate in our business by supplying us with finished goods at a reasonable rate already agreed on in initial talks.
- The duration of the license is two years. The date of commencement is 7th August 2011 and the date of termination is 7th August 2013.