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Adoption Licence Brokerage

 

 

 

Irrespective of the manner by which the trading gets started -whether by a Client-Licensee or as Client of another Technology Broker, the negotiation format always follows the adopted trading process format.

The first of the terms is the nature of the license being sought by the adopter. The technology licensee  must consider, when deciding to acquire a technology IP Licence, the class of licence for which the technologies should be acquired amongst the three different licences: Patent Licence, Product Technology Licence, and Process Technology Licence.

The Blue-Prints of the process engineering design of Venture Technology Process Equipment, this documentation provides the details of the actual fabrication or selection and procurement of the equipment needed to build the venture development process.

Not wanting to have licensed technologies bundled up and mot balled somewhere and not deployed while royalty payments are expected, every agreement has an explicitly stated Deployment Grace Period over which time span the technology must be deployed otherwise the Licence declared cancelled by default and all funds paid declared as forfeit and the complete adoption package declared abandoned.

Licence Acquisition Process
Negotiating Acquisition
Negotiations are generally based the Custom Technology Licence Acquisition Request Kit sent to the adopter being returned, the negotiation starts in earnest.
  • First the broker performs a due diligence on the finances of the prospective adoptor for establishing financial capacity for financing the project derivative of the licensing

  • Broker recommends further negotiation or gives additional terms to the adopter.

  • For cases of further negotiations, the TechnologyIP Broker schedules a second meeting, for adopter to sign a Non-Disclosure Agreement and hand-delivery as well as give cursory explanation of the Technology Analysis Report related to the TechnologyIP Licence of interest.

  • The Technology Broker also schedules another meeting, for review of the terms of licensing the technology, and finalize the terms of the technology Licence Agreement, and awaits a draw up of the final agreement

  • At the Third Meeting often attended by the authorized signatories of all parties, licensing fee is paid and the Technology Licence Agreement is executed

 
   

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