Sidley Newsletter on “Revocable” and “Irrevocable” in License Agreements

I recently noticed a Sidley Austin “practice note” (here) on use of revocable and irrevocable in license agreements. That’s something I hadn’t thought much about previously, so I found it of interest. The main takeaway:

Always include either “revocable” or “irrevocable” within the license grant.

If any of you licensing types have any observations, I’d be happy to hear them.

And incidentally, why use revocable and irrevocable instead of referring to termination? Perhaps because terminable is OK but nonterminable is kind of clunky.

About the author

Ken Adams is the leading authority on how to say clearly whatever you want to say in a contract. He’s author of A Manual of Style for Contract Drafting, and he offers online and in-person training around the world. He’s also chief content officer of LegalSifter, Inc., a company that combines artificial intelligence and expertise to assist with review of contracts.