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License Agreement
Free license agreement template for granting someone else the right to use your intellectual property, software, or content.
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This free license agreement covers 1. Grant of License, 2. Territory and Term, 3. Fees, 4. Restrictions, 5. Ownership with 12 clearly marked [placeholder] fields to fill in — built for individuals and small businesses handling a straightforward legal document themselves needing a clear, professional document without commissioning custom legal drafting for a routine situation. Copy it into your own word processor, fill in the placeholders, and review it — or adapt it — before use. It's part of docstoc's free document template library, alongside business, legal, real estate, finance, and HR templates. Every template here is free to copy with no signup required, and each one carries a plain disclaimer: this is a starting point for informational purposes, not a substitute for advice from a licensed professional in your jurisdiction.
License Agreement
Licensor: [Licensor Name] (the "Licensor") Licensee: [Licensee Name] (the "Licensee") Effective Date: [Date]
1. Grant of License
Licensor grants Licensee a [exclusive/non-exclusive], [transferable/non-transferable] license to use [Description of the IP — e.g. software, trademark, content, patent] (the "Licensed Property") for the following purpose: [Purpose].
2. Territory and Term
This license applies to [Territory, e.g. "worldwide" or a specific country/region] for a term of [Duration], starting on the Effective Date.
3. Fees
Licensee will pay Licensor [Flat fee / royalty rate, e.g. "X% of net revenue from products using the Licensed Property"], payable [Frequency].
4. Restrictions
Licensee may not: [e.g. sublicense without consent, modify the Licensed Property beyond what's agreed, use it outside the stated purpose].
5. Ownership
Licensor retains all ownership rights in the Licensed Property. This Agreement grants only a license to use it, not an assignment of ownership.
6. Termination
Either party may terminate this Agreement with [Notice Period] written notice, or immediately if the other party materially breaches its terms and fails to cure within [Cure Period].
7. Governing Law
This Agreement is governed by the laws of [State/Country].
Licensor: ______________________ Date: ____________ Licensee: ______________________ Date: ____________
*This document is provided for informational and educational purposes only and does not constitute legal advice. IP licensing terms (especially royalty structure and exclusivity) are often heavily negotiated — consult a licensed attorney for anything beyond a simple, low-value license.*
Edit directly in the box above. Download PDF anytime — the docstoc.io footer is always included and cannot be removed.
What's included
- Edit online — click the document, fill in placeholders, download a PDF
- 7 standard sections: 1. Grant of License, 2. Territory and Term, 3. Fees, 4. Restrictions, 5. Ownership, 6. Termination, …
- 12 clearly marked [placeholder] fields for quick personalizing
- Free to use — no account or signup required
- Fully editable — adjust any clause to match your actual situation
- Includes a signature block, ready to print or sign digitally
- Fixed docstoc.io footer on every PDF (not removable)
Who this template is for
Freelancers & solo founders
Handling routine business paperwork without commissioning custom legal drafting for every document.
Small businesses
Standardizing recurring documents — leases, agreements, notices — across a growing operation.
Anyone reviewing before signing
Using a clear starting structure to understand what a document should cover, even if a lawyer finalizes it.
Before involving a lawyer
A solid starting draft to review with counsel, or to use directly for a low-stakes situation.
FAQ
Is this license agreement template really free?
Yes — this License Agreement template on docstoc is free to view, edit online, and download as a PDF with no account or signup required.
What does this license agreement cover?
This legal template includes 1. Grant of License, 2. Territory and Term, 3. Fees, 4. Restrictions. Fill in the [bracketed] placeholders, edit any clause online, then download a PDF — the docstoc.io footer stays on every export.
Is this legal advice?
No. This template reflects common practice, not your jurisdiction's specific requirements. Legal formalities (required language, witness or notarization rules, filing steps) differ by state and sometimes by county — confirm them with a licensed attorney before this document does any real work.
Can I edit the wording?
Yes. All 12 placeholder fields and every clause are editable right on the page — change what doesn't fit, then download an updated PDF anytime.
Where can I find more free templates like this?
Browse more free legal and related document templates in the docstoc library at /document-templates/.
More free document templates
- Mutual Non-Disclosure Agreement (NDA)
- Demand Letter for Unpaid Invoice
- General Power of Attorney
- One-Way (Unilateral) NDA
- Corporate Bylaws
Five products, one platform
Why use this instead of a generic template
Security
Served over SSL from Cloudflare's edge network — no ad trackers, no third-party scripts on template pages.
Legality
Templates are drafted for general use, not a substitute for legal advice — check the note on each page for specifics.
Privacy
No account or signup needed to copy a template — nothing you type here is stored unless you choose to sign up.
Speed
Copy the subject and body directly — no form to fill in, no export step, no waiting on a download link.
Mobile-friendly
Every template page works the same on a phone as a desktop — copy on the go, no app required.
API available
Building your own tool? docstoc's API covers invoices, reminders, and templates directly.