A licensing agreement is generally a contract between an intellectual property owner (licensor) and another party (licensee) who seeks to use the rights owned by the intellectual property owner in exchange for a payment, or other form of consideration.
An intellectual property license is just one potential avenue for an intellectual property owner to profit from their intellectual property rights.
Many different forms of intellectual property can be licensed, including patents, trademarks, copyrights, and trade secrets. Additionally, different forms of intellectual property can be licensed within the same agreement.
Our clients range from large companies to individuals as both licensors and licensees of intellectual property.
We work with clients to craft licensing agreements to that suit their particular situation as either a licensor or licensee of intellectual property. Types of licenses we develop for clients include:
- Patent
- Trademark
- Copyright
- Trade Secrets
Due to the complex business and commercial considerations that typically accompany the licensing of intellectual property, licensing agreements are rarely simplistic contracts. Licensing agreements are very specialized forms of contracts that include industry specific terms, factors, and limitations that must be carefully considered when drafting or entering into an agreement.
Contact a member of our licensing team today at 321-255-2332 to schedule a consultation.
