Your consent may require a “Reservation of Rights” section. This section is particularly important when the licensee is a non-profit organization and must ensure that certain intellectual property rights are reserved for academic, non-profit or humanitarian research in developing countries or in accordance with the provisions of the Bayh-Dole Act (in the United States). Forgetting to include the required reservation of rights in a licence could invalidate the licence and/or give rise to costly legal dispute to determine what rights are actually held by the licensee. This type of agreement allows Harvard researchers who are creating a new licensed business without difficulty to copyrighted non-patentable software that they have developed as part of the faculty`s research efforts. In cases where there are patentable topics such as unique algorithms, please read the “Exclusive Basic License” agreement model published above. 1. Flat or paid licence;2. Receipts for net sales3. Differential licensing fees;4. royalties per unit sold;5. differential royalties for patent and business secrets, etc.6.
7. milestone payments; 8. non-monetary compensation; and 9. Cross-licensed. Keep in mind, however, that these are broad definitions and that the provisions of the agreement should be as specific as possible with regard to the delimitation of rights to both the licensee and the licensee. If you still need to patent your intellectual property and have a good understanding of how you can apply for a provisional patent or submit your utility model or model, you can work with an online service provider to get you ready to launch future patent licensing agreements. It is agreed that this agreement will continue for the life of the aforementioned [COUNTRY] Letters patent, but that the licensee has the right, at any time after the licensee`s written [two-year] deadline at his last known address (and, to this end, the submission of communications is considered sufficient) to terminate this contract, and at the expiry of the [TWO] years from the date of transmission of this notification, this agreement ends and ends for the reasons covered by Article 9 above, or if the patents of the taker have no value due to other patents or other improvements in the industry [SPECIFY]; and all rights that the underwriter holds or holds under this agreement are transferred by the licensee and given to the licensee; except that the licensee has the right to sell all the devices already manufactured that embody the inventions to which the royalties are paid as intended above. 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. Global Access Note – The development of Technologies from Harvard Patents can lead to licensed products that could bring significant public health benefits in developing countries. By participating in Universities Allied for Essential Medicines, Harvard is committed to promoting affordable access to these products in developing countries.