LICENSE AND TECHNOLOGY CONTRACTS

LICENSE AND TECHNOLOGY CONTRACTS

1. Negotiations where one party gives and the other receives

   • THE TEAM
     • Formed by 2 people who handle the negotiation Choose 1 leader The administration will decide on the final agreement
   • NEGOTIATION
     • It is done in Several meetings, a template with the final agreement will be filled out The technology license agreement is formed Complies with 3 elements
       • 1 Exchange terms specified for the business, 2 Some value exchanged, 3 Mutual exchange
   • TERMS
     • Fees paid to licensees (proven technology)
     • Not tested -Refundable single fee is paid according to the successful movement of the technological product -Rate paid for first royalty - Cost of patents -Total payment for drafting and negotiation
   • ROYALTIES
     • Unit, volume or sales weight (25% rule)
       • Royalty cup Is considered The final use or application of the product or technology
       • Minimum royalty Is based On an annual average income for sale, you can realize it or not
       • Reset minina royalty If it is not achieved The agreement is canceled or a non-exclusive license is made
   • HEADS OF AGREEMENT
     • Set of headings of the decisions taken, should be brief and should not reach a verse as legal issues

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