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Quality Paperback with CD (Windows/Mac)
448 pages, 7 x 9 inches

Description below is from previous edition. Updated description here soon.
Avoid licensing rip-offs and create a bulletproof contract!

Like most inventors, you probably dream of striking it rich: finding a reputable company, hashing out a fair licensing deal, watching your idea hit the marketplace and then raking in the profits. The question is... how do you find the right company and draft a tight legal agreement that will protect you from being ripped off?

License Your Invention provides both the practical marketing advice and the legal licensing language you need to turn your invention into a moneymaker. Step by step it explains the key elements in a licensing agreement, from advances and royalties to the territory and length of an agreement. It also explains complex concepts such as warranties, indemnity and reservation of rights in plain English, not murky legalese.

License Your Invention will help you...

Understand the licensing process   Determine your ownership rights   Know what agents offer and how to work with them effectively   Find potential licensors   Show your invention to others without getting ripped off   Understand and negotiate fair terms for your licensing deal (including royalties, rights granted, and length of agreement)   Draft your own comprehensive licensing agreement   Understand, review and negotiate changes to a licensor's proposed agreement

About The Author...

Richard Stim is a graduate of the University of San Francisco School of Law where he studied intellectual property law under J. Thomas McCarthy. He practices law in San Francisco, specializing in intellectual property and licensing and is an adjunct professor at San Francisco State University. He is also the author of Music Law: How to Run Your Band's Business (Nolo Press) and Intellectual Property: Patents, Trademarks & Copyrights (West).

Table Of Contents

Introduction: How to Use This Book 1 Gearing Up to License Your Invention A. Licenses B. Assignments C. The Licensing Process D. Avoiding Conflicts Among Multiple Agreements E. Challenges to Your Ownership F. Disclosing Information About Your Invention G. Keeping Your Records H. No False Hopes! Reviewing Your Invention's Commercial Potential 2 Intellectual Property Protection A. General Rules for Legal Protection of Inventions B. Utility Patents C. Trade Secrets D. Trademarks E. Design Patents F. Copyright Law G. Sorting Out Nonfunctional Features: Design Patents, Product Configurations & Copyright 3 Ownership Issues for Inventor Employees A. What Type of Intellectual Property Is Involved? B. Employer/Employee: Patent and Trade Secret Ownership C. Inventions Covered by Copyright D. Special Employment Situations E. Working Out Ownership Issues With Your Employer 4 Joint Ownership of Your Invention A. Joint Ownership B. How Payments, Loans or Investments Can Create Joint Ownership C. Transferring Ownership of Your Invention to Your Business 5 Licensing Agents and Representatives A. Agents. B. Completing Agent Agreement C. Attorneys as Agents. D. Invention Marketing Scams 6 Soliciting Potential Licensees A. Before You Begin Your Search B. How to Find Potential Licensees C. How to Overcome a Licensee's Bias Against Submissions D. What's the Best Way to Solicit a Potential Licensee? E. Product Presentations 7 Protecting Confidential Information A. Confidential Information and Nondisclosure Agreements B. Proceeding Without an Agreement C. Waiver Agreements D. When You Have Sufficient Bargaining Power. E. Disclosing to Employees and Contractors F. Disclosing to an Attorney 8 The Key Elements of Your Agreement A. From Handshake to License B. Identifying the Parties C. Describing Your Invention and the Licensed Products D. Specifying Which Rights Are Granted E. Defining the Territory F. Setting the Length (Term) of the Agreement 9 Money: It Matters A. Some Basic Royalty Definitions B. Ways to Get Paid C. The Mysteries of Net Sales and Deductions E. Royalty Provisions 10 Negotiating Your Agreement A. What, Me Negotiate? C. Letter of Intent D. Option Agreements. E. What If the Licensee Wants to Proceed Without a Written License Agreement? 11 Sample Agreement A. License Agreement B. Optional License Agreement Provisions C. Modifying the Sample Agreement for Your Needs 12 Warranties, Indemnification and Proprietary Rights Provisions A. Promises Promises, Warranties, Representations and Covenants B. Indemnity--The "Hold Harmless" Provision. C. Licensee Warranties and Indemnity D. Proprietary Rights E. Commercialization and Exploitation. F. Samples and Quality Control G. Insurance 13 Termination and Post-Termination A. Termination and Post-Termination B. Termination Based Upon a Fixed Term. C. Termination at Will D. Termination Based on Contract Problems. E. Termination and Bankruptcy. F. Post-Termination: What Happens Afterwards? G. Survival of the Fittest 14 Boilerplate and Standard Provisions A. Paying the Lawyer's Bills. B. Dispute Resolution C. Governing Law D. Jurisdiction E. Waiver F. Invalidity. G. Entire Understanding H. Attachments and Exhibits I. Notices. J. No Joint Venture K. Assignments. L. Force Majeure M. Headings N. Establishing Escrow Accounts 15 Service Provisions A. Service Provisions vs. Separate Service Agreements B. Training the Licensee's Personnel C. Installation of Equipment D. Technical Support for the Licensee or for End Users E. Improving, Modifying and Delivering the Invention 16 Handling the Licensee's Agreement A. Dealing With Suggested Changes B. Evaluating an Agreement Presented to You C. Evaluating the Provisions and Suggesting Changes 17 After You've Signed the Agreement A. Create Your Contract Calendar B. Dealing With Royalty Statements C. Resolving Licensing Disputes D. Avoiding Patent Misuse and Illegal Agreements E. The Taxman Cometh F. Quality Control 18 Help Beyond This Book A. Licensing and Intellectual Property Resources B. Working With an Attorney Appendices: A. How to Use the Forms Disk (A CD is included in the back of the book. The forms in the book are also duplicated on the disk in plain text and RTF formats for easy customization with any word processor.) B. Forms Agreement Worksheet Letter Confirming Employee's Ownership of Copyright Joint Ownership Agreement Assignment of Rights: Patent Assignment of Rights: Patent Application Assignment of Rights: No Patent Issued or Application Filed Agent Letter Agreement One-Way Nondisclosure Agreement Mutual Nondisclosure Agreement Contract Worksheet Option Agreement License Agreement Escrow Agreement Checklist for Reviewing a License Agreement License Dates Chart

Profit From Your Idea: How To Make Smart Licesning Deals
Our price: $29.70

Catalog# 4508-2