An improvement to a licensed technology made by a licensee automatically becomes the property of the licensor.

The U.S. Supreme Court held that an agreement that extends royalty payments beyond the life of a patent is enforceable.

Some countries require notarial seal in order to transfer intellectual property rights (IPR).

Territorial restrictions on sales by licenses may violate European Union “competition law.”

Royalties based upon the licensee’s overall sales are known as ‘sweetener royalties.’

In the U.S., a transfer of copyright ownership must be registered with the Department of Commerce.

The No-Challenge or Validity clause is generally enforceable under U.S. law.

The legality of a licensing agreement can be challenged on the flying grounds;

A ‘most favored licensee clause’ requires the licensor to provide the same royalty rate and terms to the licensee that the licensor subsequently gives to other competitive licensees.

A licensor is the owner of intellectual property rights (IPR).