IP Licensing Primer Part Three: Term And Termination

In part one of our IP licensing primer series, we broached the concept of IP licensing and explained 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 this third part of our IP licensing primer series, we will cover additional provisions to consider when entering into an IP licensing agreement as a Licensor. In particular, we will discuss the term and termination of licensing agreements and raise issues that should be considered by Licensors when negotiating these provisions with Licensees and other parties.