How do I license my own IP to someone else (a partner, distributor, or another company) without giving it away?
The short answer
Licensing lets someone use your IP while you keep ownership, so the whole deal lives in the license terms: scope, territory, exclusivity, duration, royalties, and a clear termination clause. Never grant exclusivity or perpetual rights early, because that quietly hands away your most valuable asset for a small cheque. Get a lawyer to draft a licensing agreement with a narrow scope and a fixed term, and start non-exclusive so you keep your options open.
Go deeper, your way
3 hand-picked resources, 3 link-checked. Pick how you want to dig in.
📄 Article
✓ Link checkedIndiaFreeIntermediate
Why we picked it
This is the India-context checklist you negotiate from: it lays out exclusive vs sole vs non-exclusive, how royalty and consideration get structured, term limits (a license cannot outlive the IP protection itself), the warranties the licensor must give, and, most usefully, the minimum royalty clause that forces a licensee to actually commercialise instead of sitting on your IP. It ends with a full sample agreement template you can hand to a lawyer as a starting draft.
Why we picked it
A clean, plain-language breakdown of the ten terms that make up any license deal, so you can read the scope, exclusivity, territory, royalties, and termination levers before a lawyer bills you to explain them. It treats the grant clause as the whole game: what IP, what geography, what exclusivity, whether sublicensing is allowed, which is exactly where founders accidentally give away too much.
Why we picked it
Real, downloadable license agreements from one of the most active tech-transfer offices in the world, including both an exclusive and a non-exclusive patent license plus royalty-based and flat-fee material licenses. Reading a professionally drafted non-exclusive agreement side by side with the exclusive one shows you concretely what changes when you start giving away exclusivity, which is the single decision our answer warns you not to make early.