In order to reduce the risk of sharing intellectual property with another entity, your company can take several steps: in licensing agreements, the intellectual property clause explicitly states that the only intellectual property rights that change ownership are those that are specifically authorized in the licensing clause. A licence is not a transfer, assignment or assignment, it has no influence on the property; the licensee does not own the intellectual property it owns, the licensee reserves the right to the property. The intellectual property clause contained in a license is to make it clear that the license is only about the fact that a license does not affect the ownership of the IP donor and that any goodyant existing in the IP granted or the goodwill of the agreement benefits the licensee, not the licensee (the “ownership” of the good record is the most important when obtaining the trademark license). Personally, I would recommend avoiding common intellectual property like the plague. If the parties decide that common ownership is the best solution, the most important thing is to remember that the agreement between the parties should detail the rights and obligations of all parties concerned in terms of common intellectual property. Common ownership should never be considered a “simple option.” The intellectual property clause contained in an independent contractual agreement could also be characterized as a ownership clause or a clause relating to labour products. Here, the clause states that it is the company, not the contractor, that owns the working product – and all the intellectual property rights on the working product – of the agreement. The easiest way to do this is to give the company ownership of the work product, including intellectual property rights. The parties may also include a “Work Made For Hire” clause which states that the work product should be considered work owned by the company and not by the contractor. For more information on working product ownership, see our discussion section below. Retain ownership of existing intellectual property. With the exception of the rights granted under the concession of this agreement, each party retains all the shares and ownership of its intellectual property that existed prior to this agreement or was developed outside the scope of this agreement.
Ip Sharing Agreement