tiktok³ÉÈË°æ

All Countries
Commercial
Patent Royalty Agreement

Patent Royalty Agreement Template for Hong Kong

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Patent Royalty Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Patent Royalty Agreement

"I need a Patent Royalty Agreement under Hong Kong law for licensing our semiconductor manufacturing patent to multiple manufacturers in Asia, with a 5% royalty rate and quarterly reporting requirements starting March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Patent Royalty Agreement is a crucial document for businesses and institutions engaged in technology transfer and commercialization of patented innovations in Hong Kong and internationally. This agreement type is essential when a patent owner wishes to monetize their intellectual property while maintaining ownership rights, or when a business needs to legally use patented technology owned by another entity. The agreement must comply with Hong Kong's Patents Ordinance (Cap. 514) and related regulations, while also considering international patent conventions and treaties to which Hong Kong is a party. It typically includes detailed provisions on royalty calculations, payment terms, quality control measures, and enforcement mechanisms, making it particularly relevant for cross-border technology transactions and local licensing arrangements.
Suggested Sections

1. Parties: Identification and details of the licensor and licensee, including registered addresses and company numbers

2. Background: Context of the agreement, including brief description of the patent(s) and the parties' intentions

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Grant of Rights: Scope of the license granted, including territory, exclusivity, and field of use

5. Royalty Payments: Details of royalty calculations, payment terms, currency, and payment methods

6. Records and Audit Rights: Obligations regarding financial record-keeping and licensor's audit rights

7. Quality Control: Standards for product quality and licensor's right to inspect and approve products

8. Protection and Enforcement: Obligations regarding patent protection and enforcement against infringement

9. Representations and Warranties: Standard warranties regarding patent ownership, validity, and right to license

10. Term and Termination: Duration of agreement and grounds for termination

11. Confidentiality: Obligations regarding protection of confidential information

12. General Provisions: Standard boilerplate clauses including governing law, notices, and assignment

13. Execution: Signature blocks and execution formalities

Optional Sections

1. Minimum Royalty Payments: Used when parties agree to minimum royalty thresholds that must be met

2. Sublicensing Rights: Include when licensee is permitted to sublicense the patent rights

3. Improvements: Used when parties want to address ownership and licensing of improvements to the patented technology

4. Marketing and Promotion: Include when specific marketing obligations are imposed on the licensee

5. Technology Transfer: Used when technical assistance or know-how transfer is part of the agreement

6. Export Controls: Include when the technology is subject to export control regulations

7. Non-Competition: Used when parties agree to certain competitive restrictions

8. Patent Marking: Include when specific patent marking requirements are needed

Suggested Schedules

1. Schedule 1 - Patent Details: Detailed description of the licensed patents including registration numbers and jurisdictions

2. Schedule 2 - Royalty Calculation Methods: Detailed formulas and examples for calculating royalties

3. Schedule 3 - Technical Specifications: Technical requirements for products manufactured under the license

4. Schedule 4 - Quality Control Standards: Detailed quality control procedures and standards

5. Schedule 5 - Reporting Templates: Standard forms for royalty reports and other required reporting

6. Appendix A - Approved Sublicensees: List of pre-approved sublicensees (if applicable)

7. Appendix B - Territory Definition: Detailed description of licensed territory including any excluded regions

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions




































Clauses


































Relevant Industries

Technology

Pharmaceuticals

Biotechnology

Electronics Manufacturing

Telecommunications

Automotive

Consumer Electronics

Industrial Manufacturing

Medical Devices

Chemical Industry

Semiconductor Industry

Clean Technology

Software Development

Relevant Teams

Legal

Intellectual Property

Research and Development

Finance

Business Development

Compliance

Technology Transfer

Commercial Operations

Innovation

Executive Leadership

Relevant Roles

Chief Technology Officer

Intellectual Property Counsel

Patent Attorney

Licensing Manager

Chief Financial Officer

Research and Development Director

Innovation Manager

Technology Transfer Officer

Commercial Director

Patent Portfolio Manager

Business Development Executive

Legal Counsel

Compliance Officer

Finance Director

Chief Executive Officer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Independent Contractor Agreement For IT Services

A Hong Kong-governed agreement establishing terms and conditions between a company and an independent IT services contractor.

find out more

Joint Intellectual Property Agreement

A Hong Kong law-governed agreement establishing framework for joint intellectual property ownership and management between multiple parties.

find out more

IP Assignment Contract

A Hong Kong-governed agreement for transferring intellectual property rights from one party to another, ensuring legal compliance with Hong Kong IP laws and regulations.

find out more

IP License

A Hong Kong-governed agreement establishing terms for licensing intellectual property rights between parties, including scope, payment, and protection provisions.

find out more

Joint Controller Data Processing Agreement

A Hong Kong law-governed agreement establishing rights and obligations between joint controllers who share responsibility for personal data processing under the PDPO.

find out more

Patent Agreement

A Hong Kong law-governed agreement establishing terms for patent licensing or transfer, including rights, royalties, and obligations under local patent legislation.

find out more

Trademark Agreement

A Hong Kong law-governed agreement establishing terms for trademark licensing and usage, structured under the Trade Marks Ordinance.

find out more

Patent Non Disclosure Agreement

A Hong Kong law-governed agreement protecting confidential information related to patents and patent applications between parties.

find out more

Trade Finance Letter Of Credit

A Hong Kong law-governed bank guarantee ensuring secure payment in international trade transactions, subject to UCP 600 and local banking regulations.

find out more

Patent Assignment Form

A Hong Kong law-governed document that facilitates the legal transfer of patent rights from an assignor to an assignee, compliant with the Patents Ordinance (Cap. 514).

find out more

Joint Partnership Agreement

A Hong Kong law-governed agreement establishing a formal partnership between parties, defining their rights, obligations, and operational framework.

find out more

IP Collaboration Agreement

A Hong Kong law-governed agreement establishing terms for intellectual property collaboration between parties, including IP rights, ownership, and usage arrangements.

find out more

Patent Security Agreement

A Hong Kong law-governed agreement creating security interests over patents as collateral for financial obligations.

find out more

Joint Patent Application Agreement

A Hong Kong law-governed agreement establishing rights and responsibilities between parties jointly filing a patent application.

find out more

Assignment Of Future Intellectual Property Rights

A Hong Kong law-governed agreement for transferring future intellectual property rights from one party to another, covering all types of IP that will be created in the future.

find out more

Assignment And License Of Patent

A Hong Kong law-governed agreement that transfers patent ownership while establishing specific licensing arrangements for the patent's use.

find out more

Patent Royalty Agreement

A Hong Kong law-governed agreement establishing terms for patent licensing and royalty payments between a patent owner and licensee.

find out more

Patent Co Ownership Agreement

A Hong Kong law-governed agreement establishing rights and obligations between multiple owners of a patent, including usage, commercialization, and maintenance terms.

find out more

Assignment And License Of Copyright

A Hong Kong law-governed agreement that combines copyright assignment with licensing arrangements, enabling both transfer of ownership and specified ongoing usage rights.

find out more

IP Agreement

A Hong Kong law-governed agreement establishing terms for intellectual property transfer, licensing, or protection, aligned with local IP legislation and international standards.

find out more

Trade Secret Agreement

A Hong Kong law-governed agreement protecting confidential business information and trade secrets, establishing handling procedures and enforcement mechanisms.

find out more

Intellectual Property Purchase Agreement

A Hong Kong law-governed agreement for the sale and purchase of intellectual property rights, including provisions for transfer, warranties, and regulatory compliance.

find out more

Trademark Assignment Agreement

A Hong Kong law-governed agreement transferring ownership of trademark rights from one party to another, compliant with the Trade Marks Ordinance (Cap. 559).

find out more

IP License Agreement

A Hong Kong law-governed agreement establishing terms for licensing intellectual property rights between a licensor and licensee.

find out more

Intellectual Property Contract

A Hong Kong law-governed agreement for intellectual property transfer, licensing, or assignment, incorporating local IP legislation and protection measures.

find out more

Intellectual Property Assignment Agreement

A Hong Kong law-governed agreement for transferring intellectual property rights from one party to another, including comprehensive transfer provisions and warranties.

find out more

Intellectual Property Agreement

A Hong Kong law-governed agreement for establishing, transferring, or licensing intellectual property rights between parties, ensuring compliance with local IP legislation.

find out more

Collaboration Agreement

A Hong Kong law-governed agreement establishing terms for parties to collaborate on specific projects, including responsibilities, IP rights, and risk allocation.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s 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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.