This kind of transaction can be similar to asset leasing in nature, because the licensee can use the patent within a specific scope, but does not own the patent. The licensee usually needs to pay the license fee according to the agreement, which can be fixed, calculated according to the sales volume or other forms of payment.
It should be noted that the specific terms of patent license may be different according to the situation, including license fee, license scope, use period and so on. Therefore, before signing the patent licensing agreement, both parties need to carefully study the terms of the agreement and may need legal advice to ensure that their rights and interests are fully protected.