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What are typical royalty rates that the Navy requires under a license agreement?

April 26, 2017Agreement license Navy rates requires Royalty

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What are typical royalty rates that the Navy requires under a license agreement?

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Royalty rates paid to the Navy in a license agreement are negotiable and vary depending on the type of license (exclusive or non-exclusive) and a number of other factors. Rates typically reflect a percentage of the net selling price for each royalty bearing product made, used, or sold by the licensee.