Different Types Of Licensing Agreements

    A company uses a license agreement to protect and operate IP. For a company that offers the use of its intellectual property, whether it is a copyright, a patent or a trademark, it is a way to invest intellectual capital while controlling it. Trademarks are significant commercial origins, namely brand names and logos or slogans. Trademark licensing agreements allow trademark owners to use their IPs by others. As you can see, there are many types of licenses. An experienced IP lawyer can help you understand the type of license agreement you need and what needs to be concluded in that agreement. A licence agreement is an agreement where by which a licensor grants another undertaking the right to intangible property for a certain period of time and receives in return a royalty from the licensee. Since a licence does not confer a right of ownership on the licensee, the licence is terminated in the event of sale of the property and cannot be imposed on the new owners of the property. In addition, the death of the licensee or licensor terminates the contract. The implementation of end-user licensing agreements is sometimes questioned. This is why a copyright license agreement is very specific to the rights that are included, as well as the rights that are not included. Otherwise, you may find yourself in a dispute later if you try to license your copyright to other licensing partners.

    Patents are about science and innovation. Patent licensing agreements are the documents by which a patent holder allows another person to use their patent....

    Comments are closed.