Patent License Agreement: Earned Royalties Clause | Practical Law
Standard Clauses providing for an earned royalty calculated as a percentage of the licensee's sales of the product incorporating the claimed invention. They also include clauses addressing related issues, such as calculating royalties for non-sale transfers and dispositions, intercompany transfers, products sold in kits and combinations, and royalty stacking. These Standard Clauses have integrated notes with important explanations and drafting and negotiating tips.