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Pre-Negotiation
& Licensing ABC

- Chat with patent holder

- Licensing A.B.C.

- Start Negotiation

Chat with Patent Holder

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You can communicate directly with the patent holder via Renovatio. 

From the listing detail screen, click MESSAGE SELLER.

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You can type your message, then click SUBMIT COMMENT.

Chats are real-time, but please know that the patent holder may not be logged into Renovatio at the same time.  The patent holder receives an email notification from Renovatio about incoming messages.  When he/she replies to you, you will then receive an email notification as well.

Since you have not started the official negotiation, please refrain from requesting information which requires non disclosure agreement by both parties.  File sharing function is also disabled during the pre-negotiation chat screen.

Licensing A.B.C.

1. Patent Holder/Licensor: The entity or individual that owns the patent rights and grants permission for others to use the patent under specific terms and conditions.

2. Licensee: The entity or individual that obtains the right to use the patented technology through a licensing agreement.

3. Licensing Agreement: A legal contract outlining the terms and conditions under which a patent holder grants a license to a licensee to use the patented technology. It includes provisions related to rights, obligations, payments, and more.

4. Exclusive License: A license that grants the licensee the sole right to use the patented technology within a specific field or territory, excluding the patent holder from licensing to others in that same field or territory.

5. Non-Exclusive License: A license that allows the licensee to use the patented technology, but the patent holder retains the right to license the technology to others as well.

6. Field of Use: The specific application or industry in which the licensee is authorized to use the patented technology, as defined in the licensing agreement.

7. Territory: The geographical area within which the licensee is permitted to use the patented technology, as defined in the licensing agreement.

8. Royalty: The payment made by the licensee to the licensor based on the terms specified in the licensing agreement. This can be a fixed amount, a percentage of sales, or other arrangements.

9. Upfront Payment: An initial payment made by the licensee to the licensor at the start of the licensing agreement, often in addition to ongoing royalties.

10. Milestone Payments: Payments made by the licensee to the licensor upon achieving certain predetermined milestones, such as reaching a specific level of sales or development progress.

11. Sublicensing: The ability of the licensee to grant a license to a third party to use the patented technology, with the approval of the licensor and subject to the terms of the original agreement.

12. Intellectual Property (IP) Rights: The legal rights associated with intellectual property, such as patents, copyrights, and trademarks.

13. Cross-License: An agreement between two parties where each party grants the other party a license to use its patented technology, often to facilitate collaboration or resolve disputes.

14. Term: The duration for which the licensing agreement is valid, including any renewal or termination clauses.

15. Indemnification: A clause in the agreement that outlines the responsibilities of each party if a third party claims infringement of their rights due to the use of the patented technology.

16. Assignment: The transfer of patent rights from one party to another, which may require consent or approval as per the terms of the licensing agreement.

17. Audit Rights: The licensee's ability to audit the licensor's records to ensure accurate reporting of usage and royalty payments.

18. Force Majeure: A clause that addresses unforeseen circumstances or events that may affect the fulfillment of the agreement, such as natural disasters or political instability.

 

It's important to note that patent licensing agreements can vary widely based on the parties involved, the technology, and the specific terms negotiated between the licensor and licensee. Consulting legal professionals with expertise in patent law is recommended when drafting or interpreting such agreements.

Start Negotiation

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When you are ready to start negotiating (as a licensee), click on START NEGOTIATION button from the top.

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