Canada Royalty Agreement for Intellectual Property

Establish how royalties will be paid for the use of intellectual property transferred in the sale of a business with this Royalty Agreement for Intellectual Property, for Canadian businesses.

• The Agreement is part of the documentation for a purchase and sale of business assets, including intellectual property developed by the seller which will be used by the purchaser in the operation of the business.
• The purchaser agrees to pay the seller an ongoing royalty for a specified number of years, based on the customer base and non-exempted gross earnings of the business.

This Canada Royalty Agreement for Intellectual Property is provided in MS Word format and is fully editable to meet your needs.