Licensing

Understanding Intellectual Property

Intellectual property (IP) protections are essential if you are an artist, musician, designer, author, or any other type of creator. What’s more, these laws also extend to businesses, protecting your products, trade secrets, and brand. Intellectual property encompasses a wide range of material, creations, and ideas, including:

• Advertisements
• Art
• Books
• Film and Movies
• Logos
• Music
• Names of Brands, Companies, or Products
• Product Packaging
• Slogans
• Software
• Trademarks and Service Marks
• Websites and Domain Names
• And much more…

Of course, much of our intellectual property was produced with the intention of eventually making money from our idea or invention. Whether you want to profit from your company’s brand or a work of art you created, a licensing agreement will help you safeguard your IP through the process – and the team at Hudson Martin PC is here to help.

What Is A Licensing Agreement For Intellectual Property?

Licensing agreements spell out how a product, brand name, work of art, or other intellectual property can be used. For example, your business may have created a product that you now want other companies to sell. You need a licensing agreement in order to specify the restrictions of the other company’s use of your product. What is the specific amount of time that you would like the company to sell your product? Do you want it to be sold at a particular price? Will you be receiving a percentage of each product they sell, or will you offer to license your product to them at a flat rate? These are just some examples of what you may want to consider including in your licensing agreement. A licensing attorney for intellectual property can help you determine other stipulations you may want to cover in your agreement, such as:

• How the other party can alter your IP, if at all
• Whether you want to be credited for their use of your IP
• Any limitations on how they are allowed to use your IP
• The process for terminating the contract if one or both parties want to cancel the licensing agreement
• And many other possible stipulations…

How Our Licensing Agreement Lawyers Can Help You

When drafting a licensing agreement, it is crucial that you and the other party both understand exactly what is in the agreement and how it should be interpreted. Any gray area will leave your intellectual property vulnerable to being misused, or allow the other party to use it without providing any benefits to you. The experienced licensing lawyers at Hudson Martin PC will ensure that your contract is clear and precise so that there are no misunderstandings or uncertainties. We will consider all possibilities when preparing your agreement so that nothing is left unaddressed, and make sure that the licensing agreement provides full benefits to you or your business.

Get Protection For Your Intellectual Property With Hudson Martin PC!

Our firm understands how important it is for you to safeguard your intellectual property, and we have the knowledge and resources you need to ensure your work is protected. If you have questions about licensing agreements or you would like to speak with a licensing process lawyer, please give us a call today. You can reach our firm in Carmel, CA, at (831) 480-6608.