Fill and Sign the Sample Exclusive License Agreement with Equity Berkeley Form

Grant of Nonexclusive License to Manufacture, Use, and Sell an Invention by Employee to Employer License Agreement made on the ________________________ (date), between ________________________ (Name of Licensor) of _____________________________________________ (street address, city, state, zip code), referred to herein as Licensor, and ________________________ (Name of Licensee), a corporation organized and existing under the laws of the state of ________________________ (Name of State), with its principal office located at _____________________________________________ (street address, city, state, zip code), referred to herein as Licensee. I. Grant of License. For and in consideration of $____________________ and other valuable consideration, receipt of which from Licensee is acknowledged, Licensor grants to Licensee, Licensor's Employer, a nonexclusive license to manufacture, use, and sell an Invention made by Licensor, entitled ________________________ (title of invention), and described generally in Exhibit A attached hereto and made a part hereof. II. No Additional Royalty. No royalty or other form of compensation in addition to that referred to above shall be payable with respect to the License. Rights under the License may be exercised wherever in the United States or its territories and dependencies Licensee now has a place or places of business or may later establish or acquire places of business. Such rights shall continue during the life of any patent that may be issued for the Invention.Witness my signature this ________________________ (date). _______________________(Signature of Licensor)________________________(Printed Name of Licensor)