At Evaluer we make life simple for business, investors, incubators, and HR managers. Here you can download any of our top 50 business, legal and HR documents sold at Evaluer. Hereunder is a copyright license agreement format that can be used for ready reference. Essentially a copyright license agreement allows the owners of copyright to use or exploit his / her intellectual property for commercial gain. In legal parlance it’s called royalty. In other words, the owners of copyright has the right to lend (so to say), their intellectual property to a third party for monthly or quarterly royalty amount, terms and conditions of which are enshrined in a copyright license agreement. Hereunder is a format of a copyright license agreement. You could have one drafted for your business needs.