This document is a comprehensive Patent License Agreement template. It details the terms and conditions under which a patent owner (Licensor) grants rights to another party (Licensee) to use the patent. Key sections cover the exclusive grant of the license, the Licensee's obligations regarding the use of patents, royalty payments, development and commercialisation plans, intellectual property maintenance, and dispute resolution. This agreement is essential for businesses looking to license their patents or utilise patented technology.