Manufacturing License Agreement

Manufacturing License Agreement in International Trade

Meaning of Manufacturing License Agreement, according to the Dictionary of International Trade (Global Negotiator): This type of contract establishes a relationship between two companies, Licensor and Licensee, whereby the Licensor grants a license of Intellectual Property Rights (patents, trademarks, utility models, industrial designs, know how) that are required in order for the Licensee to manufacture and sell the products in a defined territory, usually a country. Model of International Manufacturing License Agreement.