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visits member for 9 months
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Jul
31
comment Pitfalls for Licensees?
Thanks Chris, you have identified several items that I had not considered and will get back with specific contentious issues. Your review and recommendations in future would be highly appreciated.
Jul
31
comment Pitfalls for Licensees?
(1) The deal in this respect is fair and the economics make sense (2) It is a termination deal (based on your comments I may opt to request a non-exclusive in the event that the milestones are not met still giving opportunity for exploitation) (3) Good question... haven't thought about the other side of the coin (4) I will look at the ability to compete! Rights to improvements to be owned by the party who developed them (assignment of original IP will require them to sub-license for exploitation of potential improvements) Is this sufficient cover?
Jul
31
comment Pitfalls for Licensees?
Hi Chris, this is very informative.
Jul
31
awarded  Student
Jul
31
awarded  Editor
Jul
31
comment Pitfalls for Licensees?
Thanks Elie, have provided some clarity on my query.
Jul
31
revised Pitfalls for Licensees?
added 64 characters in body
Jul
31
comment Pitfalls for Licensees?
Thanks for your response. The lawyer goes without saying! Perhaps a point of clarity, I am looking to license my own technology from the organisation where I developed it... The exit is through M&A, so yes I am eventually looking to sell the enterprise.
Jul
31
asked Pitfalls for Licensees?