A license agreement is a legally binding written contract between two parties – the Licensor and Licensee, where the licensor permits the licencee to use a property under a specific set of conditions and parameters. It may include granting permits to the licensee to produce and sell goods, apply a brand name or trademark belonging to the licensor, or use patented innovations and technology owned by the licensor.
License agreements can also be used by a group of companies to protect the intellectual property from third-party claims or unethical use. It also protects the intellectual property from third party claims if there is any insolvency of its subsidiary. It also enables the group to claim tax benefits by permitting the subsidiaries to claim the license agreement cost as business costs.
Licensing Agreements Lawyers Perth at Commercial Lawyers provide legal advice and guidance where issues and queries regarding license agreements are concerned. These agreements empower the licensee to use the owned, patented or licensed innovation of the licensor for an expense, while also getting complete control and responsibility over protected innovations. Often clients use a licensing agreement to protect the ownership of their intellectual property while capitalising or commercializing their innovations and earning profits through them. Licensing Agreements Lawyers can tailor the agreements to your needs. Licenses are based on patents, copyrights, trademarks, registered designs and trade secrets.
A Licensing Agreement includes all specific terms and conditions acceptable to the licensor. It also covers the below points to make the agreement legally enforceable:
Commercial Lawyers Perth has experience and knowledge when it comes to dealing with any kind of query you might have related to License Agreement understandings. This includes:
If you want to seek legal guidance and get to understand the licensing agreement assertions, Commercial Lawyers Perth is your best choice. Please get in touch through phone or email to schedule a meeting with us, so that we are able to understand your requirements and cater to your legal license agreement queries.
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Commercial lawyers Perth team did a great job for my settlement. Very professional and friendly lawyers in Perth . My queries were always answered and were just a call away. Highly recommended commercial lawyers in Perth , Western Australia
Commercial Lawyers Perth WA did a great job for my settlement. Very professional and friendly lawyers in Perth. My queries were always answered and were just a call away. Highly recommended commercial lawyers in Perth, Western Australia