Best Practices in Negotiating, Drafting, and Managing Sublicenses

Compliance

Best Practices in Negotiating, Drafting, and Managing Sublicenses

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What’s included

Access to the on-demand video with closed captions and presentation materials.

Get best practices in drafting and negotiating sublicensing rights, and ensure royalties and other revenues that stem from those rights are properly tracked

$197.00

Program agenda:

Defining the scope of a licensee’s right to sublicense
Structuring royalty payment obligations to maximize potential sublicensing revenues
Non-royalty revenue opportunities for subslicenses
Negotiating terms that minimize sublicensing liability risks
Defining the relationship between licensor and sublicensee after the termination of the license
Strategies to maintain oversight over sublicensing relationships
Effective management of sublicensing revenue collection and
Avoiding common mistakes and potential sublicensing pitfalls

Sublicensing can be tricky – but properly drafted provisions and a solid compliance plan will protect your IP and keep royalties flowing in the right direction.

Granting third parties the right to licensed IP through sublicensing provisions is tricky business for university TTOs. If the sublicensing provision is overly broad, you open up the IP to potential abuse. Too strict and you limit advancement of the IP and may lose out on royalty revenue. It’s a balancing act that takes expertise, and lessons are often learned the hard way.

Kristie Prinz, a leading IP transactions attorney, will guide you through best practices in drafting and negotiating sublicensing rights, as well as ensuring the royalties and other revenues that stem from those rights are properly tracked and accounted for.

This practical session will also teach you strategies for developing sublicensee relationships and managing sublicensees after the deal is signed to effectively protect your IP in a range of scenarios. You’ll also gain important insights into the issues that must be addressed when entering into licensing relationships that permit sublicensing.

Program Leaders

Prinz Law Office

What’s included

Access to the on-demand video with closed captions and presentation materials.

Get best practices in drafting and negotiating sublicensing rights, and ensure royalties and other revenues that stem from those rights are properly tracked

$197.00

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