Patent Assignment & Licensing

A short label — for example "Patent X to Company Y".

Patent or application numbers if you have them — otherwise describe the invention. A pending application can also be licensed.

The owner grants rights to their patent; the licensee gets the right to make, use, or sell the invention.

Exclusive gives the licensee sole rights (even the owner steps back); non-exclusive lets the owner license others too.

Field of use (which industries or products), territory (countries), and term. Patents are often licensed for a specific field only.

For example a lump sum, a running royalty (a percentage of sales), minimum annual royalties, or a mix. Not settled? We can advise.

The patent document, a prior term sheet, or a draft license to review.