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Posts by pwsadmin

Q. Under what circumstances should a licensor be able to terminate a licensee?

A. A well-drafted termination provision should give the licensor the right to terminate the agreement upon the occurrence of certain events, including: Licensee’s failure to obtain the licensor’s product approvals prior to the distribution of the licensed goods. Licensee’s failure to introduce product prior to the product introduction date; Licensee’s failure to meet the initial…

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Q. How do I establish an appropriate royalty rate for a property?

A. In the overall licensing world, there are four different methodologies used by economists to establish or set an appropriate royalty rate for a transaction: Cost Approach 25% Rule Income Approach Market Approach The first three valuation techniques are primarily used for setting royalty rates in transactions that involve patent and/or technology transfer licensing. In…

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