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What if the intellectual protection service concerned has a different duration than the agreement? (z.B. licensed patent, and the patent expires before the end of the contract). It requires in principle that the licensee protect the licensee in the event of a dispute with a third party reporting that the obligations could be diluted if the purchaser mixes the technology granted with his own technology or 3D Party, so that the compensation would be worthless. Grant Back is a provision of an agreement under which one party grants another party the right to use its IP address, provided the other party agrees: Grant the licensee a license with respect to its IP milestones, that offers an opportunity (should not take place if neither of the parties requests it), the agreement and provisions and possibly amend them This is a common practice, for example, when ip is authorized by large pharmacy medical research institutes, in order to prevent the new drugs from being conceded on an exclusive basis and then „buried“ Be careful if you see grant Back`s provisions in the agreements to ensure that the effects are fully understood. It is possible to define specific milestones that the licensee and/or licensee must reach during the agreement Who bears the audit costs? It is possible, for example.B. to agree that if the results of the audit are greater than 5% „relative“, the taker must cover the examination burden. An IP license in its simplest form is an agreement in which an ip owner (the licensee) authorizes another person (the licensee) to engage in activities that, without the IP license agreement, would violate the legal rights of the IP licensee. It is a written agreement that gives the right to do something that would otherwise constitute a violation of another person`s intellectual property rights. All parties must therefore know exactly what has been conceded, to whom and on what terms. IP licensing agreements are not always obvious.

Many general agreements between companies may include IP licensing provisions, z.B.: Note that if royalties are structured on the revenues of certain divisions or activities, it can become very dangerous if the taker undergoes a corporate restructuring. Re-organizations are often done for larger business reasons (for example. B taxes) that go beyond the logic behind IP logic – with a potentially huge impact on licensing fees The email address cannot be subscribed. Please, do it again. National intellectual property laws vary from one area to another. The use of the leading IP may or may not be the same for all parties involved. Confidentiality is also important from an intellectual property perspective, particularly with regard to trade secrets. Make sure the company knows what it has to do to compensate others. Restrictions are usually related to a market or technology Understanding constraints – they are clear and what the consequences are for the company If this does not succeed, then the parties must consent to an arbitration or mediation procedure. What is the reporting process? Who are we going to explain it to? How is such a background IP recorded and tracked? How do other entities have the visibility of the background IP reported by other entities? And it`s not just IP licensing provisions. It may contain IP provisions. Whatever type of agreement it is, it is essential that the company or organization be satisfied with the IP conditions contained in it and fully understand what it agreed before such an agreement was signed.

(by Donal O`Connell, IPEG consultation, visit www.ipegconsultancy.com). From the IP point of view, it should be kept in mind that the country of intellectual protection concerned may not have the same end date.