The lawyers on this site have a lot of experience in writing license agreements that meet everyone`s needs. Whether you`re a new inventor or a growing company, UpCounsel`s lawyers can protect your interests and help you grow your brand. Licensing agreements are often used for the commercialization of technologies. A license agreement is a favorable agreement between two parties, the licensor and the licensee. In a typical license agreement, the licensor grants the licensee the right to manufacture and sell goods, to enforce a trademark or mark, or to use a patented technology of the licensor. In return, the licensee generally submits to a number of conditions relating to the use of the licensor`s property and undertakes to make payments called royalties.