Checklist: Drafting a limited intellectual property license (USA)

Updated as of: 12 September 2023
This checklist will assist in-house counsel and private practice lawyers when drafting limited licenses that grant certain rights for the use of intellectual property (IP). The limited license does not convey full assignment of the IP rights; however, it does permit the licensee to use the rights associated with IP under the terms of the license. This checklist sets out the key issues and drafting considerations to be aware of.