Joint Ownership Another alternative, but one that is less attractive, is to have the licensor and licensee jointly own the custom...

Ownership of developed intellectual property is often a contentious issue between vendors and customers. Customers almost always argue...

Recitals The recitals of an agreement are often viewed as a perfunctory necessity of little value. While recitals are not mandatory, they...

Many licensors act as resellers for hardware and software vendors. In return for incorporating these third-party products into their...