IP Licensing Primer Part Four: Payment And Quality Control

In part one of our IP licensing primer series, we discussed the concept of IP licensing and how the type of IP being licensed, ownership of the IP and other details can impact licensing agreements.

In part two, we reviewed negotiable items commonly seen in licensing agreements, including provisions speaking to the grant and scope of such licences.

In part three, we highlighted how the term and termination sections can impact parties to a licensing agreement.

In this fourth and final part of our series, we cover payment models and quality control mechanisms that should be considered when entering into an IP licensing agreement. We will also raise issues that should be considered by Licensors when negotiating these provisions with Licensees and other parties.