Intellectual property licenses can be amongst a company's most important business agreements. Failing to have a good understanding of the underlying rights being licensed can put the licensed property at risk and can result in agreements that do not fully reflect the intentions of the parties or serve the needs of the parties. This presentation prepared and delivered by Gowlings partner Stuart Ash for Federated Press' 15th annual Negotiating and Drafting Major business Agreements looks at some of the common issues encountered when negotiating and drafting IP license agreements and offers some suggestions as to how to address them.
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