9. IP clauses specific to the law. Certain clauses specific to the nature of the IP rights that are granted in the licensing agreement, either to ensure that the requirements of the applicable law are met, to ensure that the rights of the IP owner are properly protected, or both. For example, the Canadian Trademark Act (which was significantly amended in June 2019) is the law that governs the right to own and protect Canadian trademarks, including the licensing of trademarks to third parties. If the licensing agreement involves the granting of the right to use, advertise or display a trademark, it is to comply with the law and to ensure that the rights of the IP owner are protected, it is essential to include clauses dealing with the permanent control of the IP holder over the character and quality of the goods and services related to the trademark. These include the IP owner`s right to review these products and services to ensure that they have a character or quality required by the IP owner and are defined in the licensing agreement. 15. This agreement defines the entire agreement between the licensee with respect to the purpose of this agreement and replaces all negotiations, preliminary agreements, declarations of intent or declarations of intent, discussions and agreements of `and licensees`. All discussions between the licensee are included in this Agreement and neither party is bound by a definition, condition, agreement, representation, guarantee, federal state or provision that is not expressly specified in this Agreement or in the subsequent agreement, or which, as subsequently, is established in writing and executed by a duly accredited representative of the ` and`, to be bound. No amendments or amendments to this Agreement are valid or binding for – and for the licensee, unless they are agreed in writing by both parties, signed in writing and on behalf of each – and licensee by their duly and legally authorized representatives. Since you have the right to transfer your intellectual property rights to other parties, IP agreements can take one of two fundamental forms: transfer agreements and IP licensing agreements. There are different types of intellectual property licenses that are enshrined in a standard IP agreement. The following three are the most common: however, IP allocation agreements can also have their advantages.

If you cede the intellectual property to a third party, you are no longer responsible for the product. This means that you generally cannot be sued for problems related to your IP and that they are not responsible for maintenance costs. Intellectual property transfer is generally more appropriate when you sell your business or leave a field altogether. To enter into a licensing agreement, you should at least: Milestones offer an opportunity (no need if no party asks for it) to review the agreement and provisions and possibly modify them, Harvard provides certain materials (usually biological research materials) for commercial use on a non-exclusive basis.