Minimum Royalties Clauses
(Patent License Agreement) (Pro-Licensee)

Summary

These minimum royalties clauses for a patent license agreement can be included for both running royalties as well as minimum royalties. This template is drafted with terms favoring the licensee. This template contains drafting notes and practical guidance. For other important clauses in a patent license, see Patent Licenses: Key Provisions. For more information on other types of intellectual property licensing, see Intellectual Property Licensing Resource Kit.