NEGOTIATIONS AND LICENSING

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negociacion
jose  mauricio
Mind Map by jose mauricio, updated more than 1 year ago
jose  mauricio
Created by jose mauricio over 4 years ago
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Resource summary

NEGOTIATIONS AND LICENSING
  1. THE TEAM
    1. Decide who leads the negotiations
      1. describe the process that the team must follow
      2. THE TERMS
        1. The license fee
          1. flat rate paid by all licenses
          2. Royalties
            1. royalties are paid in addition to the license fee
          3. NEGOTIATING
            1. When all of the points are agreed, the parties then enter into a formal contractual agreement,
              1. contract
                1. Terms of exchange specified for the bargain
                  1. Something of value exchanged
                    1. Mutual exchange
                  2. HEADS OF AGREEMENT
                    1. they are a set of bulleted headers
                      1. It is important to be brief and specific about the points
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