Licensing

Fisher Adams Kelly has extensive experience in negotiating and preparing both domestic and international license agreements. This may be in conjunction with a client’s legal counsel and taxation advisors, as well as overseas specialists in this field.

The following points are a brief checklist of topics that should be considered in a license agreement. Your Fisher Adams Kelly Attorney can cover all of these elements to protect your arrangements to achieve positive outcomes for you and your organisation:
  • Accounts and records
  • Assignment
  • Background
  • Definitions
  • Disputes
  • Financial aspects
  • Guarantees
  • Know-how
  • Management
  • Notices
  • Parties named correctly
  • Performance
  • Scope
  • Sub-licensing
  • Supply and quality
  • Technical assistance
  • Termination
  • Trade Marks
  • Warranties

Please Contact Us for more information regarding Licensing your intellectual property.

LICENSING – FREQUENTLY ASKED QUESTIONS

WHAT IS LICENSING?

All forms of intellectual property may be licensed to another party in exchange for royalties. This is also known as ‘Licensing of Rights’. For example, you may choose to sell your invention to a manufacturing company, rather than setting up the manufacturing plant yourself, creating financial return in many cases.

Licensing rights can be exclusive or non-exclusive. They give the licensee the right to use (but not own) the copyright, patent, Trade Mark or design (Source: IP Australia).

WHAT OUR CLIENTS SAY…

“In April 2002 I came up with the idea of combining no fines concrete with fibre to create a porous concrete block. Paul Davis of Fisher Adams Kelly was recommended to me. He understood my concept and prepared the patent. Paul’s ongoing backup and advice has been invaluable and his patent work has been wonderful. Both my wife and I have been very happy in our dealings with Paul and would have no hesitation in recommending him.”

Mr Christopher Fraser Aqua Drainage Solutions