There are different types of intellectual property licenses that are enshrined in a standard IP agreement. The following three are the most common: be careful if you see the provisions of Grant Back in the agreements, to ensure that the effects are fully understood. But IP transfer agreements can also have their advantages. If you cede the intellectual property to a third party, you are no longer responsible for the product. This means that you generally cannot be sued for problems related to your IP and that they are not responsible for maintenance costs. Intellectual property transfer is generally more appropriate when you sell your business or leave a field altogether. The milestones provide an opportunity (it is not necessary if neither party requests it) to review and possibly amend the provisions of the agreement. Note that the obligations could be watered down if the licensee mixes the technology conceded with his own technology or 3D Party, so that the compensation would be worthless. Since you have the right to transfer your intellectual property rights to other parties, IP agreements can take one of two fundamental forms: transfer agreements and IP licensing agreements. As an intellectual property owner, you can negotiate a licensing agreement with another (licensed) organization giving them permission to use your intellectual property.

You may have only one licensee (“exclusive license”) or several licensees. If multiple licenses are offered, they may be open or limited to specific sectors or geographic areas (for example. B franchising). 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). As part of an intellectual property transfer agreement, you permanently transfer some or all IP rights to the agent for a certain amount. In essence, you sell the rights to a third party in the same way that you could sell physical property for a permanent transfer. As a general rule, you waive any control, participation and rights to transferred intellectual property rights. Global Access Note – The development of Technologies from Harvard Patents can lead to licensed products that could bring significant public health benefits in developing countries. By participating in Universities Allied for Essential Medicines, Harvard is committed to promoting affordable access to these products in developing countries. To meet this obligation, we may require provisions similar to those in the link below in the exclusive licenses of this potentially effective technology.