Patent License Agreement (Short Form)
A short-form Patent License Agreement that licenses patent rights with field-of-use, territory, royalty, improvement, and enforcement terms, written for speed without leaving the important terms out.
It is deliberately shorter than the standard version, and we tell you exactly which protections were traded away for that. A shorter agreement for a transaction that does not warrant the full protective set, drafted so nothing load-bearing is missing.
Frequently asked questions
The fee covers the finished document, filing-ready or send-ready as applicable, the supporting exhibits or attachments described in the scope, and a short cover memorandum explaining the choices made. It is fixed at this scope: one licensee. 2 rounds of revisions are included. If your matter falls outside that scope we tell you before starting and quote the difference — we do not bill past a flat fee without agreeing it first.
1 to 2 weeks from a complete set of instructions, plus time for the 2 rounds of revisions included in the fee. If you are working to a court deadline or a closing date, tell us when you order and we will confirm in writing whether we can meet it before you commit.
$2,450 is $325/hour × 7.5 hours — the time this deliverable takes in an ordinary licensing matter, at the firm's standard rate. Because it is a flat fee, the risk of the work running long sits with the firm: you pay $2,450 whether it takes us the estimate or twice it.
Third-party costs are never inside a flat fee and are passed through at cost, never marked up: court and agency filing fees, court reporter and transcript charges, expert witness fees, search vendor and e-discovery hosting charges, process server fees, and travel.
The business terms you have agreed so far, the counterparty and which side of the deal you are on, any existing draft, term sheet, or prior agreement, and your risk tolerance on the provisions that matter most to you. Send what you have — if something is missing we will tell you what else we need before the turnaround clock starts.
Clients also order
Other Licensing work MC Law prepares on a flat fee.
Hybrid Patent and Know-How License — Review and Redline (Licensee Side)
A licensee-side markup of a Hybrid Patent and Know-How License you have been handed, the agreement that structures royalties across patents and know-how so payments survive patent expiration.
Hybrid Patent and Know-How License — Review and Redline (Licensor Side)
A redline of the counterparty's Hybrid Patent and Know-How License prepared for the licensor, covering the document that structures royalties across patents and know-how so payments survive patent expiration.
Patent License Agreement — Review and Redline (Licensee Side)
A licensee-side markup of a Patent License Agreement you have been handed, the agreement that licenses patent rights with field-of-use, territory, royalty, improvement, and enforcement terms.
Patent License Agreement — Review and Redline (Licensor Side)
A licensor-side markup of a Patent License Agreement you have been handed, the agreement that licenses patent rights with field-of-use, territory, royalty, improvement, and enforcement terms.
Technology Transfer and University License Agreement — Review and Redline (Licensee Side)
A licensee-side markup of a Technology Transfer and University License Agreement you have been handed, the agreement that moves university technology into a company with diligence milestones, royalties, and reserved rights.
Technology Transfer and University License Agreement — Review and Redline (Licensor Side)
A licensor-side markup of a Technology Transfer and University License Agreement you have been handed, the agreement that moves university technology into a company with diligence milestones, royalties, and reserved rights.