Tech Transfer eNews Blog

Key Challenges in Drafting IP Licenses

By Jesse Schwartz
Published: July 10th, 2019

Carefully defining rights to improvements, IP valuation, and audit rights are three of the trickiest aspects of drafting license agreements that protect your organization from future disputes as well as reductions in revenue due to licensee interpretation of ambiguous contract language. Careful drafting of these terms — using exacting language that leaves no room for error, omission, or re-interpretation — minimizes the chances of a host of future complications, including litigation, that can wreak havoc on your TTO’s relationships with partners and licensees.

That’s why we’ve created this detailed distance learning collection: Key Challenges in Drafting IP Licenses. This three-session collection zeroes in on these three critical components of a license agreement: rights to improvements, calculation of apportionment and EMVR, and audit terms. For complete program and faculty details, CLICK HERE.

Posted under: Distance Learning, Tech Transfer e-News

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