Contracts
Contracts
Having intellectual property agreements is vital for any business. Well-drafted intellectual property contracts are essential for strategic planning, risk reduction, and protecting and managing a business’s intellectual property rights.
We specialize in drafting contracts such as selling, licensing, and transferring intellectual property rights, or any other transactions related to patents, trademarks, designs, utility models, and copyrights. All contracts will be tailored to meet the specific needs and industry requirements of our clients.
In addition to contracts related to intellectual property rights, we also assist start-ups with other essential business contracts, including non-disclosure and shareholders’ agreements.
We can assist our clients with various types of contracts, including:
– Licensing agreements: With a licensing agreement, the holder of an intellectual property right may grant another party the right to use their intellectual property or technology as defined in the contract. In the licensing agreement, the parties specify, for example, the property that is being licensed, the parties’ responsibilities, any restrictions to the right of use, and compensation.
– Shareholders’ agreements: A shareholders’ agreement is a contract between the shareholders of a company. The agreement details, for instance, the rights, obligations, and responsibilities of the shareholders within the company.
– Non-disclosure agreements: A non-disclosure agreement is where the parties undertake not to disclose any confidential information received from the other contracting party. When sharing confidential information, like trade secrets or intellectual property rights, a non-disclosure agreement must be in place.
– Transfer and assignment agreements: Intellectual property rights transfer and assignment agreements allow for these rights to be permanently transferred from one party to another.
– Co-existence agreements and consent letters: Similar rights can be in force simultaneously. However, the parties should agree on such co-existence and registrations in writing. Often the contract alone may not be sufficient, but the authorities require a separate consent letter as a condition for the co-existent registrations.
– Collaboration agreements: A collaboration agreement may become necessary when working together on a research and development project resulting in new materials or technology that could be protected by intellectual property rights. In these agreements, it’s important to agree on the ownership and use of the intellectual property rights after the end of the collaboration.