This course will teach attorneys about the common issues associated with licensing intellectual property. The main issues discussed by the panel of attorneys are the three options to monetize intellectual property, principal considerations when licensing intellectual property and factors to consider before negotiating the terms of the license agreement. Further topics covered include the type of intellectual property that will be licensed, patents, trademarks, copyrights, ownership rights, chain of title, due diligence, finding prospective licensees, approaching potential licensees, exclusive vs. non-exclusive licenses, production minimums, the scope of the license, sub-licensing, product improvements, sales rights, quality control, territory, quotas, royalty schedules, royalties, audit rights, the beginning & termination of the license, the term of the license and the business life cycle & IP value.
On-Demand