IP Licensing

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IP Licensing - Presentation by Dr. Kalyan C. Kankanala

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IP Licensing

  1. 1. COPYRIGHT, BANANAIP, 2014 Dr. Kalyan Kankanala, kalyan@bananaip.com www.bananaip.com Blog: www.bananaip.com/sinapse-blog IP LICENSING
  2. 2. INTELLECTUAL PROPERTY COPYRIGHT, BANANAIP, 2014 • Subject Matter • Species of IP • Patents • Copyrights • Trade Secrets
  3. 3. TRANSFER OF IP COPYRIGHT, BANANAIP, 2014 • Assignment • License • Exclusive • Non exclusive • Sole
  4. 4. • Proprietary • Open Source • Free • Standard • Shrink wrap • Click wrap • Browse wrap CLASSIFICATION COPYRIGHT, BANANAIP, 2014
  5. 5. IMPORTANT CLAUSES COPYRIGHT, BANANAIP, 2014 • Recitals • Definitions • Grant • Royalties • Term and Termination
  6. 6. RECITALS COPYRIGHT, BANANAIP, 2014 • Parties – Licensor/Licensee • Addresses • Dates • Background of the transaction
  7. 7. DEFINITIONS COPYRIGHT, BANANAIP, 2014 • Interpretation clause • Consistently used words: Specific/certain/lucid • Attribute specific meaning • Apply to entire agreement
  8. 8. EXAMPLES COPYRIGHT, BANANAIP, 2014 • "Licensed Software" shall mean the proprietary software of the Licensor, entitled 'TalkSoft', for voice enabled screen reading. • "Licensed Intellectual Property" shall mean • a. Patents and patent applications covering the Licensed Software in USA and India, bearing numbers In123, and US879; and • b. Copyrights over the object code, source code, and interfaces of the Licensed Software.
  9. 9. GRANT CLAUSE COPYRIGHT, BANANAIP, 2014 • Most important • Defines scope of agreement • States • Parties • Type • Subject • Rights • Territory • Term
  10. 10. EXAMPLE COPYRIGHT, BANANAIP, 2014 • Licensor grants to Licensee a nonexclusive license to use the Licensed Software within the territory of India from 1st January, 2005 to 1st January, 2006. • This clause specifies • Who grants to whom -Licensor to Licensee. • Type of license - Nonexclusive License • Rights – Use Licensed Software • Territory - India • Dates - January, 2005 to 1st January, 2006
  11. 11. TERM AND TERMINATION COPYRIGHT, BANANAIP, 2014 • Term • Events • Material Breach - Nonpayment of royalty, etc. • Bankruptcy • Insolvency • Act of god • Rights after termination • Confidentiality
  12. 12. ROYALTY CLAUSE COPYRIGHT, BANANAIP, 2014 • Type of Royalty • Lump sum royalty • Fixed Royalty • Running royalty • Combination • Mode and Date of payment • Accounting and Record keeping • Non payment consequences
  13. 13. EXAMPLE COPYRIGHT, BANANAIP, 2014 • XYZ agrees to pay ABC, a royalty of Twenty-Thousand- Dollars ($ 20,000) per every Calendar Year after the first year from the Effective Date. For the first Calendar Year, XYZ shall pay ABC a fixed royalty of Ten-Thousand Dollars ($ 10,000). Such sum shall be paid on or before December 11th of every Calendar Year.
  14. 14. OTHER CLAUSES COPYRIGHT, BANANAIP, 2014 • Indemnity • Warranty • Liability
  15. 15. OPEN SOURCE LICENSES COPYRIGHT, BANANAIP, 2014 • Principles • Free Distribution • Source Code • Attribution • No Warranty/Liability • License
  16. 16. EXAMPLES COPYRIGHT, BANANAIP, 2014 • Viral - GPL • Flexible - BSD • Restrictive - MPL
  17. 17. COPYRIGHT, BANANAIP, 2014 www.bananaip.com/ipprofessor kalyan@bananaip.com QUESTIONS, COMMENTS OR OBSERVATIONS?

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