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Ashely Brewer, brewLong`s lawyer: „Licensing contracts are like leases. Many things depend on the ownership and the relationship between the parties. A licensing agreement is what a partnership creates. It defines how partners perform, what all partners can agree on and how you can get out of the agreement. Access to Harvard`s innovations should be as simple as possible. Our licensing agreements are fair and reasonable, and experienced OTD employees will work with you to help you achieve your business goals. To give you an idea of how these licenses are taking shape, we are pleased to provide you with a series of illustrating examples. If you have any questions about these examples, please contact us. What is better for an IP transfer agreement or an intellectual property license? The reality is that there are pros and cons to each choice, depending on your needs and interests. Most of the time, IP holders want to keep control of their intellectual property and opt for intellectual property licensing.

This is an advantage because you can determine how your IP address is used and change partners if a partnership is not beneficial. In addition, the granting of intellectual property licenses allows you to obtain a constant income from your IP for a period of time and to confer the same rights to multiple users. Copyright licensing agreements are often used for consumer goods, as are brand licenses. They are also used for distribution, for example. B with musical works or films. Regardless of the type of license granted by the IP owner, it is essential that the IP owner enter into a written IP licensing agreement, carefully designed to meet the requirements of the laws applicable to the IP legislation in question and to adequately protect the rights of the IP owner. An IP licensing agreement can be long and complex, and its terms vary somewhat depending on the IP legislation that is granted and the agreement reached. However, IP licensing agreements generally contain all 10 key conditions: and there are more than JUST IP licensing rules. 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). 9. IP clauses specific to the law. Certain clauses specific to the nature of the IP rights that are granted in the licensing agreement, either to ensure that the requirements of the applicable law are met, to ensure that the rights of the IP owner are properly protected, or both. For example, the Canadian Trademark Act (which was significantly amended in June 2019) is the law that governs the right to own and protect Canadian trademarks, including the licensing of trademarks to third parties. If the licensing agreement involves the granting of the right to use, advertise or display a trademark, it is to comply with the law and to ensure that the rights of the IP owner are protected, it is essential to include clauses dealing with the permanent control of the IP holder over the character and quality of the goods and services related to the trademark.