The Option to License Agreement is a strategic legal instrument used when a party requires a period to evaluate intellectual property assets before committing to a full license agreement. This document type is particularly relevant in Switzerland, a hub for innovation and technology transfer, where it must comply with the Swiss Code of Obligations and federal intellectual property laws. The agreement typically includes option exercise mechanisms, evaluation periods, due diligence rights, and preliminary license terms. It's commonly used in research commercialization, technology transfer, and industrial partnerships where parties need to assess the commercial viability of intellectual property while securing future rights. The document serves as a bridge between initial interest and full commitment, providing protection for both the intellectual property owner and the potential licensee during the evaluation phase.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification and details of the parties entering into the agreement
2. Background: Context of the agreement, including description of the intellectual property and business relationship
3. Definitions: Key terms used throughout the agreement
4. Grant of Option: Terms of the option grant, including exclusivity and scope
5. Option Period: Duration of the option and any extension provisions
6. Option Exercise: Process and requirements for exercising the option
7. Option Fee: Financial terms for the option, including any milestone payments
8. Future License Terms: Key terms of the license that will be granted upon option exercise
9. Representations and Warranties: Standard warranties regarding ownership, authority, and non-infringement
10. Confidentiality: Protection of confidential information exchanged during the option period
11. Term and Termination: Duration of the agreement and termination rights
12. General Provisions: Standard boilerplate clauses including governing law, notices, and assignment
1. Due Diligence: Include when the optionee requires access to conduct due diligence during the option period
2. Development Obligations: Include when parties have ongoing development responsibilities during the option period
3. Right of First Refusal: Include when the optionee is granted additional rights to match third-party offers
4. Regulatory Compliance: Include for regulated industries or technologies
5. Insurance: Include when specific insurance requirements are needed during the option period
6. Competition Restrictions: Include when there are non-compete or territorial restrictions
7. Tax Provisions: Include when there are specific tax implications requiring detailed treatment
1. Schedule A - Description of Intellectual Property: Detailed description of the IP subject to the option
2. Schedule B - Option Exercise Notice: Form of notice to be used when exercising the option
3. Schedule C - Form of License Agreement: Draft of the license agreement to be entered into upon option exercise
4. Schedule D - Option Fee Schedule: Detailed breakdown of option fees and payment terms
5. Schedule E - Due Diligence Requirements: List of materials and information to be provided for due diligence
6. Appendix 1 - Technical Specifications: Technical details of the intellectual property or technology
7. Appendix 2 - Patent List: Comprehensive list of patents and patent applications covered by the option
Relevant legal definitions
Clauses
Relevant Industries
Technology
Biotechnology
Pharmaceuticals
Software Development
Manufacturing
Research & Development
Healthcare
Chemical Industry
Medical Devices
Clean Technology
Telecommunications
Consumer Electronics
Academic Research
Industrial Engineering
Relevant Teams
Legal
Intellectual Property
Research & Development
Business Development
Technology Transfer
Innovation
Corporate Development
Commercial
Patents
Licensing
Scientific Affairs
Regulatory Affairs
Relevant Roles
Chief Technology Officer
Intellectual Property Counsel
Legal Counsel
Technology Transfer Manager
Business Development Director
Research Director
Innovation Manager
Licensing Manager
Patent Attorney
Commercial Director
Head of R&D
Chief Scientific Officer
Corporate Development Manager
General Counsel
IP Portfolio Manager
Find the exact document you need
EULA For Software
Swiss law-governed EULA establishing terms and conditions for software use, compliant with Swiss federal regulations and protecting both provider and user interests.
find out more
Data As IP And Data License Agreement
Swiss law-governed agreement for licensing data as intellectual property, establishing terms for data usage, protection, and commercialization.
find out more
Perpetual Royalty License
A Swiss law-governed agreement establishing permanent licensing rights in exchange for ongoing royalty payments, with comprehensive terms for IP usage and protection.
find out more
Option To License Agreement
A Swiss law-governed agreement granting the right to enter into a future license agreement for intellectual property within a specified timeframe and under predetermined conditions.
find out more
Non Exclusive Royalty License
Swiss law-governed non-exclusive license agreement template for granting intellectual property rights with royalty payment provisions.
find out more
Licensing Agreement Terms
Swiss law-governed agreement establishing terms for licensing intellectual property rights, including usage conditions and parties' obligations.
find out more
License Agreement Contract
A Swiss law-governed agreement establishing terms for licensing intellectual property or technology rights between a licensor and licensee.
find out more
White Label License Agreement
A Swiss law-governed agreement allowing one party to rebrand and sell another party's products or services under their own brand name.
find out more
Non Exclusive Photo License Agreement
A Swiss law-governed agreement for non-exclusive licensing of photographic works, defining usage rights, terms, and conditions while protecting both parties' interests.
find out more
Lease & License Agreement
A Swiss law-governed agreement combining property lease terms with licensing rights for associated assets or permissions.
find out more
Content Usage Agreement
A Swiss law-governed agreement defining terms and conditions for content licensing, usage, and distribution rights between parties.
find out more
Non Exclusive Patent License Agreement
A Swiss law-governed agreement granting non-exclusive rights to use patented technology while allowing the licensor to license the same patents to others.
find out more
Standard Use License
A Swiss law-governed agreement that establishes terms for licensed use of proprietary content or software, defining usage rights and obligations between licensor and licensee.
find out more
Standard Copyright License
A Swiss law-governed agreement for licensing copyright-protected works, establishing usage rights and obligations between copyright holders and licensees.
find out more
Boost Software License
A Swiss law-governed permissive open-source software license enabling free use, modification, and distribution of software with appropriate legal protections.
find out more
Simple Software License Agreement
A Swiss law-governed agreement establishing terms for software licensing, defining usage rights and obligations between software provider and licensee.
find out more
Commercial Licensing Agreement
A Swiss law-governed agreement establishing commercial licensing terms for intellectual property, technology, or proprietary content usage.
find out more
Non Commercial Use License
Swiss law-governed Non-Commercial Use License agreement for intellectual property use in non-commercial settings.
find out more
License To Use Intellectual Property
A Swiss law-governed agreement establishing terms for licensing intellectual property rights, including usage conditions, payment terms, and compliance requirements.
find out more
Patent Agreement
A Swiss law-governed agreement establishing terms for patent rights transfer, licensing, or assignment, ensuring compliance with Swiss patent legislation and international treaties.
find out more
Patent License
A Swiss law-governed agreement granting rights to use patented technology, establishing terms, conditions, and commercial arrangements between licensor and licensee.
find out more
Software Testing Agreement
Swiss law-governed agreement defining terms and conditions for software testing services, including scope, responsibilities, and deliverables.
find out more
Perpetual Use License
Swiss law-governed agreement granting permanent rights to use specified software or technology, with comprehensive terms for perpetual usage and compliance requirements.
find out more
Trade Secret License
A Swiss law-governed agreement for licensing trade secrets while maintaining their confidential status under Swiss unfair competition law.
find out more
Technology License Agreement
A Swiss law-governed agreement establishing terms for technology licensing between a licensor and licensee, including usage rights, payments, and compliance requirements.
find out more
Sublicensable License
A Swiss law-governed agreement granting rights to use and sublicense intellectual property, with comprehensive terms for primary and secondary licensing arrangements.
find out more
Royalty Bearing License
Swiss law-governed agreement for licensing intellectual property rights in exchange for royalty payments, with comprehensive terms for commercial exploitation.
find out more
Perpetual Trademark License
A Swiss law-governed agreement granting permanent trademark usage rights while maintaining licensor ownership and control.
find out more
Perpetual Irrevocable License
Swiss law-governed perpetual irrevocable license agreement for permanent transfer of usage rights in intellectual property or technology assets.
find out more
Patent Cross License
A Swiss law-governed agreement enabling mutual licensing of patent portfolios between parties, establishing terms for cross-utilization of patented technologies.
find out more
Open Source EULA
A Swiss law-governed Open Source EULA defining terms for software use, modification, and distribution under Swiss legal framework.
find out more
Open Source Copyright License
Swiss law-governed Open Source Copyright License establishing terms for software use, modification, and distribution.
find out more
Open License Agreement
A Swiss law-governed agreement establishing terms for open sharing and use of intellectual property, balancing creator rights with open access principles.
find out more
Open Content License
A Swiss law-governed license agreement for sharing content openly while maintaining specific rights and protections for content creators.
find out more
Music License For Commercial Use
A Swiss law-governed agreement for commercial music licensing, establishing terms for legal business use of musical works while ensuring compliance with Swiss copyright regulations.
find out more
Non Exclusive Perpetual License
A Swiss law-governed Non-Exclusive Perpetual License agreement for granting ongoing, non-exclusive intellectual property usage rights.
find out more
Non Exclusive Patent License
A Swiss law-governed agreement granting non-exclusive rights to use patented technology while allowing the licensor to license the same patent to other parties.
find out more
Non Exclusive License Agreement
A Swiss law-governed agreement allowing the use of intellectual property rights while enabling the owner to grant similar rights to other parties.
find out more
Master Use License
A Swiss law-governed agreement establishing terms for licensed use of intellectual property, content, or technology.
find out more
Licence Rental Agreement
A Swiss law-governed agreement combining licensing and rental terms for assets, compliant with the Swiss Code of Obligations.
find out more
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)